PYMNTS

SEPTEMBER 18, 2020

Venture capital appears to be picking back up in the B2B technology startup community. This week saw an impressive $324 million in combined funding for a range of B2B FinTechs and other solution providers, including alternative lenders looking to support small businesses as they manage working capital instability.

B2B 90

B2B Small Business Participant Non-Bank 90

PYMNTS

DECEMBER 3, 2020

Payment innovators are embracing the opportunities to mix payment rails old and new in search of business-to-business (B2B) solutions that can tackle longstanding friction. Visa To Use Card Rails For Digital Currency B2B Payments. Iceland Debuts Instant Payments.

B2B 88

B2B NACHA Innovation Nacha Operating Rules 88

PYMNTS

NOVEMBER 13, 2020

With nearly $90 million in new funding landing at B2B FinTechs this week, investors showed off a diverse range of focuses, from procure-to-pay to small business payments. Digital small business payment services provider Statrys , based in Hong Kong, announced $5 million in fresh funding.

B2B 91

B2B Cross-Border Cross-Border Payments Small Business 91

PYMNTS

MARCH 27, 2020

QR codes have enjoyed mounting adoption in the consumer payments landscape around the world in recent years as FinTech solutions embrace end-user efficiency and take advantage of smartphone penetration. Their use for B2B payments, however, remains limited — but in the U.K., open banking may be able to change that.

Payment Initiation 60

Payment Initiation B2B Online and Mobile Banking Small Business 60

PYMNTS

JANUARY 21, 2021

Today in B2B payments, European banks grow wary of small business loans, and Xero collaborates on API bank connectivity. At the same time, however, big problems are building over their earlier loans to small and medium-sized businesses (SMBs). REPAY Teams With Billtrust for Vendor Payments.

API 85

API B2B Small Business Cross-Border 85

PYMNTS

FEBRUARY 13, 2020

Small business owners have historically faced a unique challenge in the banking world: Financial institutions (FIs) can sometimes fail to clearly define their small business services, blurring the lines between personal and corporate banking and forcing an SMB to fit somewhere within that ambiguity.

Small Business 61

Small Business Payment APIs and Integration Economy Finance 61

PYMNTS

NOVEMBER 16, 2020

Today in B2B payments, Mastercard adds new features to its Track Business Payment Service, while a U.K. FinTech with a focus on small businesses secures a restricted banking license. Plus, FactorForYou launches, Ordway enables multi-entity B2B billing and Fiskl partners with Samsung Appstack.

B2B 56

B2B Visa Security Online and Mobile Banking 56

PYMNTS

MARCH 19, 2020

Tackling B2B payments friction is a journey, but when corporates take their transactions global, finding a remedy for cross-border B2B payments is a much more complicated process. ” Tackling B2B payments on a global scale calls for collaboration, McCarthy explained. . More Hurdles Ahead.

Cross-Border 95

Cross-Border B2B Innovation Payments 95

PYMNTS

NOVEMBER 12, 2018

Singapore bank DBS is introducing a new solution for small businesses to embrace digital payments and better manage cash flow, according to an announcement on the FI’s website late last week.

Small Business 63

Small Business Payer Payments Payments Tools 63

PYMNTS

NOVEMBER 16, 2020

American Express has enhanced its Early Pay system with digital payment features aimed at giving large businesses greater control over their ability to make and receive B2B payments, the company announced Monday (Nov.

B2B 77

B2B Payments Commercial Card Automation 77

PYMNTS

DECEMBER 16, 2019

The capabilities to unlock bank data and integrate new services into emerging FinTech platforms via API integrations is a FinTech trend that hasn’t ignored the B2B payments arena. Indeed, says Robert Courtneidge, CEO of payment technology firm Moorwand , this space is one of the most exciting and busy when it comes to innovation.

Compliance 81

Compliance B2B Payment APIs and Integration End User 81

PYMNTS

JUNE 11, 2020

Cash is king, and today, cash flow management is an imperative function for large corporations and small businesses — many of which continue to struggle with the market volatility and business disruption caused by the COVID-19 pandemic. AscendantFX Eases Payment Instruction Hurdles.

B2B 52

B2B Payee Cross-Border Small Business 52

PYMNTS

FEBRUARY 18, 2020

FinTech SumUp is launching its first card for business payments, in partnership with Mastercard , SumUp announced in a blog post on Tuesday (Feb. The new SumUp Card will enable merchants to quickly access money and monitor finances while making necessary business payments. The card will also help U.K.

Visa 56

Visa Business Payments Point-of-Sale (POS) Payments 56

PYMNTS

AUGUST 8, 2019

But reports also noted that the acceleration of check payments could have significant impact for companies and small businesses that use paper checks to pay vendors or employees. Keeping Checks In B2B Payments. Business-to-business payments have been some of the most resistant to electronics,” he said at the time.

FedNow 66

FedNow Checks B2B Federal Reserve 66

PYMNTS

DECEMBER 6, 2017

And, much to the relief of corporates, the continuing focus on B2B payments innovation. Businesses have begun to shed the notion that they are slow to embrace new technologies, and that means the disruptive services and solutions coming out of the financial services space aren’t leaving B2B payments in the dust.

B2B 73

B2B Cross-Border Blockchain Small Business 73

PYMNTS

FEBRUARY 20, 2018

Traditional bank loans still reign as the top financing target for small business (SMB) borrowers, but a new report suggests alternative lenders are gaining traction. 19) noted 27 percent of small businesses surveyed in the U.S. Big banks still dole out the majority of small business loans. Its 2017 U.S.

Small Business 40

Small Business Research Credit Cards Authorization 40

PYMNTS

NOVEMBER 30, 2020

Today in B2B payments, Visa teams up with Razorpay to debut a small business commercial card solution, while Nets is working with Yoba Smart Money to develop small business payment tools. Plus, Australia mulls mandatory eInvoicing, and Emirates NBD launches an omnichannel corporate banking offering.

B2B 64

B2B Cross-Border Liquidity Management Small Business 64

Fintech Finance

JANUARY 30, 2024

Kriya , the B2B payments fintech, today announced that it has secured a new £50 million funding facility from a long-standing debt and equity partner, Viola Group. This will allow the fintech to power over £1 billion of B2B Payments over the next 24 months.

B2B 52

B2B Volume Payments Large Merchants 52

PYMNTS

NOVEMBER 16, 2020

American Express has enhanced its Early Pay system with digital payment features aimed at giving large businesses greater control over their ability to make and receive B2B payments, the company announced Monday (Nov.

B2B 53

B2B Payments Commercial Card Automation 53

PYMNTS

JUNE 24, 2019

In B2B payments, corporates’ continued use of paper checks confounds FinTech firms working to give businesses more affordable, faster and more efficient payment options. Yet, for many business payers, the reason for using checks can be quite straightforward: It’s simply the way payments have always been made.

ACH 74

ACH Payment APIs and Integration Business Payments Checks 74

PYMNTS

OCTOBER 29, 2019

The Clearing House ’s (TCH) Real-Time Payments (RTP) network received multiple shows of support from B2B FinTechs this week as service providers embrace the U.S.’s s newest payments network in decades. But RTP isn’t the only novel network to gain traction in the small business in corporate realm.

RTP 40

RTP Blockchain Business Payments Real Time Payments 40

PYMNTS

NOVEMBER 15, 2018

As the peaks and valleys of blockchain hype continue to rise and fall, more doubt has surfaced over the future of distributed ledger technology, particularly in the area of B2B payments. While blockchain doubters have become increasingly vocal in recent months, its believers — including in the B2B payments sphere — remain.

B2B 74

B2B Blockchain Risk Assessment Payments 74

PYMNTS

DECEMBER 5, 2019

“If you speak to business owners or C-level executives from small or large businesses, they will all tell you that they are facing the same challenges when it comes to buying and paying,” he said. Many of those pain points are, by now, well-known in the B2B payments space. Spend Friction, From Employee Spend To AP.

Business Payments 52

Business Payments Payer Payments B2B 52

PYMNTS

SEPTEMBER 19, 2019

This week, Mastercard announced plans to modernize its B2B payment ecosystem with Mastercard Track. The Mastercard Track Business Payment Service is said to be the first global open-loop commercial service created to automate payments between the world’s buyers and suppliers. B2B Payments Across Industries.

B2B 53

B2B Innovation Real Time Payments Same Day ACH 53

PYMNTS

MARCH 25, 2016

Paper checks are far from disappearing in business payments, but a new solution from U.S. Bank will add a digital, mobile twist to the paper payment tool. Deposit Express is specifically tailored to meet the needs of small businesses. Users take a picture of the check from within the U.S.

Small Business 40

Small Business Checks Online and Mobile Banking Treasury Management 40

PYMNTS

JUNE 5, 2018

While the same cannot necessarily be said about business customers, the findings do highlight the progress technology conglomerates have made in the financial services space: Traditional banks are no longer the only option for customers. This combination will be the driving force for getting businesses to adapt.”

B2B 46

B2B PayPal Payments Payee 46

PYMNTS

OCTOBER 19, 2018

Payments company Azimo , which has typically focused on consumer money transfers, is now stepping into the business payments space. and European businesses, reports in IBS Intelligence said. Azimo Business, which launches today (Friday, Oct. The solution will first roll out for U.K.

Business Payments 49

Business Payments Cross-Border Payments Small Business 49

PYMNTS

JUNE 1, 2020

It has also motivated the great digital shift across all pillars of the global economy, including an almost unanimous move on the part of the business payments ecosystem to embrace modern, digital payments systems at a pace not seen in decades. Phalen said all of the challenges are driving payments innovation at a fast pace.

B2B 59

B2B Payments Checks Innovation 59

PYMNTS

MAY 5, 2017

Don’t let the seemingly low value of $42 million raised this week by B2B venture capital firms fool you: VC activity in the space was strong, hitting key verticals like cross-border payments and SaaS. Find out who’s planning ahead in our breakdown of B2B venture capital from the week below. SME Lending. YL Ventures.

B2B 54

B2B Cross-Border Cross-Border Payments FinTech 54

PYMNTS

SEPTEMBER 7, 2020

For businesses, the world market was thrown into volatility, yet soon, new opportunities emerged. At the commencement of 2020, the commercial card was continuing to find its footing in a world of B2B payments in which supplier acceptance remained limited. Winter Blues. In late-March, Bloomberg reported that large U.S.

Commercial Card 98

Commercial Card Push-to-Card Small Business Card Issuer 98

PYMNTS

DECEMBER 18, 2017

As Australian regulators inquire about the speed with which businesses pay their small- and medium-sized business (SMB) suppliers, the Australian Small Business and Family Enterprise Ombudsman (ASBFEO) is reportedly taking steps to create a national register for such data.

B2B 40

B2B Small Business Payments Government 40

PYMNTS

MAY 18, 2018

Visa’s latest fuel to the B2B payments innovation fire came in the form of its inaugural Small Business Hackathon earlier this year. Its winner was Hermyz , a company set on using technology to guide small businesses away from paper checks and toward digitization.

B2B 46

B2B Small Business Bots Payments 46

PYMNTS

OCTOBER 17, 2017

One area of global payments that’s garnered attention in just the last few weeks is B2B payments. Amazon Business , for instance, announced its launch in India to support global procurement needs for small businesses. Overall, the global payments market could hit $2.2

B2B 41

B2B Cross-Border Cross-Border Payments Innovation 41

PYMNTS

MAY 7, 2020

With “formal notice” provided to its clients that demand lengthier payment cycles, supply chain finance company Greensill said it has provided a last warning to firms that use its offerings to extend small business payment terms further than 30 days.

B2B 60

B2B Small Business Finance On-Demand 60

PYMNTS

DECEMBER 3, 2019

The expansion of traditionally consumer-focused FinTechs widening their solution scope to include B2B payments tools exemplifies just how massive the opportunity is for service providers to tackle friction. Around the world, B2B transfers are expected to reach a $218 trillion valuation in the next three years alone.

Cross-Border 53

Cross-Border B2B Cross-Border Payments Blockchain 53

PYMNTS

AUGUST 17, 2018

Walmart’s B2B eCommerce operations in India have enhanced business-to-business payments functionality as the retailer activated unified payments interface (UPI) for its members. UPI launched in India two years ago as a way to support mobile- and email-initiated payments.

B2B 40

B2B Online and Mobile Banking Debit Card eWallet 40

PYMNTS

NOVEMBER 4, 2019

In results that also spotlighted a 17 percent cross-border volume growth, CEO Ajay Banga told analysts that — among other pacts, such as with Bank of America — continued growth was in the cards for commercial business outside the U.S. Mastercard said separately that it is adding Microsoft solutions to its suite of small business benefits.

Commercial Card 40

Commercial Card B2B Visa Cross-Border 40