PYMNTS

DECEMBER 2, 2020

Today in B2B payments, Amazon takes advantage of cloud adoption with expanded call center functionality, while Sage collaborates on small business cash flow management. Meanwhile, Aareal Bank launches a new B2B payments platform, Cobase teams up for FX and eCapital acquires a commercial lender.

Cash Management 57

Cash Management B2B Cross-Border Payments 57

Payments Source

MARCH 2, 2021

The mass shift to remote work has blurred lines between consumer and business pay, creating a greater push for digitization, says Billtrust's Justin Main.

B2B 154

B2B Payments Consumer Cash Management 154

PYMNTS

JUNE 11, 2020

Now that businesses have gotten a taste of what it means to automate workflows like invoicing, accounts receivable (AR) and cash management, they’re likely never turning back. That means not only digitizing invoices, but actually integrating payment capabilities on that electronic document, or within the company website itself.

Cash Management 60

Cash Management Digital Payments B2B Payments 60

PYMNTS

JANUARY 22, 2019

In a statement, Crowe Principal Jay Sutton said the company aims to combine “technology with practical expertise” to address hospitals’ financial and cash management issues.

Cash Management 73

Cash Management Reconciliation Risk Mitigation Automation 73

PYMNTS

AUGUST 7, 2020

Unisys has partnered with PayCargo , which works in electronic invoicing and settlements for shipping companies, to deliver a new payments platform for cargo providers that a press release touts as more secure and faster. The platform lets clients have their cargo released the same day.

Security 102

Security B2B Payer Payments 102

PYMNTS

JANUARY 20, 2021

According to Rajiv Ramachandran , senior vice president of product strategy and management at Coupa , the pandemic was a “wake-up call” for many finance leaders who experienced a jolting breakdown of key functions. There were cases where some of these finance teams could not even understand what their cash visibility looked like.”.

B2B 125

B2B Cross-Border Payments Correspondent Bank Cash Management 125

PYMNTS

SEPTEMBER 14, 2017

Google and Intuit are pairing up to help Australian small businesses (SMBs) get a better grip on cash management. This means accountants can spend up to 50 percent more time managing SMBs’ books, resulting in higher costs for the small business customer, Intuit Australia noted. Reports Wednesday (Sept.

Cash Management 74

Cash Management Small Business Accounts Research 74

PYMNTS

MAY 18, 2020

Japan-based credit card and payment firm JCB has announced a partnership with tech startup accelerator TECHFUND to explore the idea of a payment system with blockchain options, the company said on Friday (May 15). based Paystand for a B2B payments system. American Express uses blockchain for its rewards program.

Blockchain 115

Blockchain Credit Cards B2B Payments 115

PYMNTS

MARCH 8, 2017

With hundreds of billions of dollars changing hands each year, B2B banking and payments is a big, big deal. According to industry research, the B2B payments industry moves roughly $550 billion each year, making up roughly half of the $1.2 trillion global payments market. . All in on APIs. About the Tracker.

B2B 76

B2B Same Day ACH API ACH Network 76

PYMNTS

NOVEMBER 11, 2020

Deutsche Bank has opened a new cash management business in Australia, which will add to its global portfolio, according to a press release. Deutsche Bank now operates a global network of cash management services in 35 locations with 14 in the Asia Pacific, the release stated.

Cash Management 61

Cash Management Cross-Border Payments Cross-Border Instant Payments 61

PYMNTS

FEBRUARY 1, 2021

If at that time, someone would have asked Citi Managing Director and Global Head of Domestic Payments and Receivables Anupam Sinha how long it would take for corporate treasury organizations to fully embrace digital , he said his answer would likely have been something along the lines of, “Don’t hold your breath.”. “The

B2B 94

B2B Payment APIs and Integration Treasury Cash Management 94

PYMNTS

NOVEMBER 22, 2016

B2B payments company Happay, which provides prepaid card solutions to employers for the purposes of expense management, also recently announced a reaction to demonetization. The firm rolled out an express onboarding service for SMEs that are now scrambling for digital payment tools, unable to turn to cash as they once had.

Cash Management 71

Cash Management FinTech NOV B2B 71

PYMNTS

JANUARY 8, 2021

Automation’s long march to the present day finds automation grinding out new solutions to cash management issues during a topsy-turvy economic time. Cash Management Moving in Virtual Directions. B2B, Consumer Payments Experiences Merging. Automation addresses these issues.

Cross-Border 61

Cross-Border B2B Automation Cross-Border Payments 61

Fintech Finance

SEPTEMBER 18, 2024

Checkout.com , a leading global digital payments provider, and Slope , a B2B financing platform for enterprise companies, today announced the beginning of a strategic partnership to boost payment performance for US enterprise merchants. The partnership has already proved successful.

B2B 98

B2B Reconciliation Payments Risk Assessment 98

PYMNTS

OCTOBER 10, 2016

Whether it’s last-minute reimbursements a small business needs to make or a lack of clarity in when employees should file their reports, a lack in expense management, Grant said, can “eat into cash flow in a major way.”

Cash Management 76

Cash Management Commercial Card Small Business Credit Cards 76

PYMNTS

SEPTEMBER 26, 2016

From sourcing to invoicing, B2B transactions involve a lot of steps before the actual payment. Using FIS-run PayNetExchange to process ACH, checks and virtual cards and using Comdata to issue Mastercard commercial cards, Corcentric pulls in payment capabilities across a range of rails to support the last mile of the B2B transaction.

B2B 65

B2B Same Day ACH ACH Commercial Card 65

PYMNTS

MARCH 4, 2020

Business to business (B2B) application programming interfaces (APIs) are helping smooth the flow of data between companies, including businesses and their financial services software as well as between banks and their corporate clients. Around The B2B API World. Other banking integrations seek to revamp B2B payments.

API 96

API Treasury Payment APIs and Integration B2B 96

PYMNTS

SEPTEMBER 20, 2016

And that’s just a slice of the B2B subscriptions sphere, said Tyler Eyamie, CEO of subscription billing solutions provider Fusebill , in a recent chat with PYMNTS. ” When billing on a recurring basis instead of a single time, manual accounting tactics can make cash management monumentally more difficult.

B2B 78

B2B Accounts On-Demand Cash Management 78

PYMNTS

MAY 19, 2017

Find out which startup landed the cash, along with the other B2B startups that saw their share of investments this week, below. Supply Chain Management. supply chain management company AKUA announced $3 million in Series Seed financing this week. Cash Management. B2B Marketing. Avenues Payments.

Cybersecurity 61

Cybersecurity B2B Payment APIs and Integration B2C 61

Fintech Finance

APRIL 26, 2024

Paystand , the global leader in blockchain-enabled B2B payments, today announced the acquisition of Teampay , an industry-leading spend management software. Paystand brings its blockchain-based smart payments platform that helps finance departments speed up time-to-cash, reduce DSO, automate AR, and eliminate transaction fees.

B2B 52

B2B Acquirers Lockbox Payments 52

Fintech Finance

JULY 23, 2024

The key findings of this year’s Scorecard reveal that banks have improved their digital payments and transfer services for small businesses and mobile banking functionality for businesses is starting to catch up with desktop digital capabilities.

Small Business 98

Small Business Digital Payments Online and Mobile Banking Wire 98

PYMNTS

SEPTEMBER 13, 2017

The construction industry is facing multiple headwinds, from late supplier payments to a talent shortage. There are several reasons for this, analysts say, but regardless, there is a clear need for tight cash management in the construction sector. percent growth this year.

Cash Management 51

Cash Management Accounts Rules Payroll 51

PYMNTS

FEBRUARY 19, 2019

With faster payments functionality beginning to take off in the U.S., the outlook of how accelerated transaction times might impact B2B payments and, more specifically, the issue of late payments to suppliers, remains unclear. “We see faster payments coming into the U.S. In the U.K., In the U.K.,

Faster Payments 75

Faster Payments Accounts Remittance Data Same Day ACH 75

PYMNTS

AUGUST 14, 2020

Disruption is hitting both the B2C and B2B arenas, and while it would seem they are two opposite ends of the spectrum, these ecosystems share commonalities in the kinds of trends that force sellers to modernize their market strategies. This creates new challenges and paradigms for payment flows. B2B eCommerce sales in the U.S.

Treasury 118

Treasury Payment APIs and Integration B2B B2C 118

PYMNTS

SEPTEMBER 30, 2016

B2B startups saw a little bit of everything this week when it came to venture capital. And that goes for the industries covered, too, with treasury management’s Kyriba, blockchain’s BlockApps and enterprise security’s Druva landing on the board, to name a few. Expense Management. Alternative Lending.

B2B 70

B2B Treasury Management Treasury Blockchain 70

PYMNTS

AUGUST 16, 2020

Axle , which works in cash flow for the freight and logistics industry, has raised $27.7 million in a funding round, which it intends to go toward continuing the company’s work in automating processes and boosting cash management, according to a press release.

Finance 79

Finance B2B Shutdown Automation 79

PYMNTS

JANUARY 18, 2019

With more than $65 million placed with B2B FinTech firms this week, it wasn’t the most lucrative roundup for the industry. Yet, venture capitalists revealed revamped interest in the B2B eCommerce and procurement spheres, exploring technologies like blockchain to enhance supply chains and the buyer-supplier relationship.

B2B 65

B2B Blockchain Small Business Automation 65

PYMNTS

MARCH 21, 2017

A new report from financial services company Nordea says corporates are waiting for their banks and other FinServ providers to standardize payment processes. The majority of companies surveyed by Nordea for its Future of Payments report said they are working with at least five banks for their payments and collection needs.

ISO 20022 77

ISO 20022 ISOs B2B Message Standards 77

PYMNTS

SEPTEMBER 24, 2020

BNY Mellon unveiled a collaboration to assist customers with supervising and investing funds by letting them access GTreasury ’s payment and cash management functions, according to a Thursday (Sept. 24) announcement.

Cash Management 40

Cash Management B2B Treasury Management Treasury 40

Fintech News

JANUARY 30, 2024

The Asian payment landscape is evolving rapidly in 2024, driven by advancements in technology, changing regulatory frameworks, and shifting consumer behaviours. Let’s delve deeper into these payment trends in Asia transforming the ecosystem. Let’s delve deeper into these payment trends in Asia transforming the ecosystem.

Payments Trends 117

Payments Trends Digital Currency Cross-Border Payments Distributed Ledger Technology (DLT) 117

PYMNTS

JULY 10, 2019

Canada is embracing the payments modernization journey, with organizations like Payments Canada driving adoption of faster, more agile payment functionality in the country. The data focus of faster payments, open banking and bank-FinTech collaboration makes these trends surprisingly agile vehicles for B2B payments disruption.

B2B 62

B2B Payment APIs and Integration Faster Payments Reconciliation 62

PYMNTS

NOVEMBER 15, 2019

When the commercial card first came on the scene, executives thought of the payment tool in limited terms: a piece of plastic their employees could use to make one-off purchases at the office supply or hardware store, buy a coffee while on a business trip or take a client out to dinner. Leavitt recently told PYMNTS’ Karen Webster.

B2B 53

B2B Commercial Card Payments ACH 53

PYMNTS

DECEMBER 29, 2020

WEX Talks Bank Partnerships To Advance B2B Payments. In a statement , Narmi Co-Founder Nikhil Lakhanpal said the collaborators "focused immensely on the user experience, and added seamless cash management tools, entitlements and various other business-focused functionality.".

FinTech 123

FinTech Financial Inclusion B2B Agreements 123

PYMNTS

DECEMBER 31, 2020

That’s because paper becomes the default method of payment when something goes awry — such as when banking credentials can’t be authenticated or identity cannot be verified. The payments ecosystem, of course, is not and will not be immune to the seismic impact and aftershocks of the coronavirus. According to J.P.

Innovation 115

Innovation Payments Shutdown On-Demand 115

PYMNTS

APRIL 9, 2018

Payments and commerce company PaySimple announced its latest integration into a third-party service provider. The firm announced it is integrating its payments processing capabilities, PaySimple AppConnect, into Profit Rhino, a mobile sales tool and pricing service platform for in-the-field service providers like home services and repairs.

Cash Management 60

Cash Management Third-Party Service Provider Payments ACH 60

PYMNTS

SEPTEMBER 20, 2017

JPMorgan Chase is the latest financial institution to team up with a B2B payments FinTech. 19) announced news that JPMorgan is partnering with Bill.com to integrate its B2B payments technology into its own Chase platforms early next year. It’s not JPMorgan’s first FinTech partnership in its effort to boost B2B services.

B2B 50

B2B FinTech Payments Cash Management 50

PYMNTS

APRIL 8, 2019

the latest evidence has suggested that entrepreneurs are holding onto their financial confidence — though it may be changing the ways they manage company cash. ” Forty-six percent of small businesses were cash-flow negative last year , new Xero research found.

Cash Management 51

Cash Management Small Business SWIFT Non-Bank 51