PYMNTS

JULY 6, 2020

Steady digitization in stale B2B payments and the open banking movement are two closely related and increasingly exuberant expressions of money’s digital makeover. Impacts expected from open banking on the laggard B2B payments space are hard to understate. It’s worth the effort, as the growing number of B2B payments use cases prove.

API 76

API B2B Payment APIs and Integration Legal Framework 76

Fintech Finance

AUGUST 6, 2024

Today, global payments enablement and software company, Flywire acquires Invoiced , a SaaS platform that enables B2B finance teams and the “Office of the CFO” to automate the critical order-to-cash process. We believe Invoiced is an ideal software complement to our existing B2B payments business.

Payment Networks 71

Payment Networks B2B Acquirers Accounts 71

PYMNTS

NOVEMBER 23, 2020

The way entrepreneurs are managing their businesses — and their businesses' finances — is changing, with complexities and pain points multiplying. Before the pandemic, concern was growing over the issue of late B2B payments and the struggle among small businesses to get paid on time. All About Cash Flow.

Finance 106

Finance Payment Gateways Gateways Small Business 106

PYMNTS

OCTOBER 22, 2019

Bank of America’s latest offering, for example, addresses payment acceptance challenges, while Bill.com marries accounts receivable (AR) and AP with tools that tackle friction in processes that touch both ends of the B2B payments journey. Bank introduced a new eBilling tool also designed both for billers and payers. Finally, U.S.

Payer 40

Payer B2B Commercial Card Faster Payments 40

PYMNTS

MARCH 31, 2020

No one payment rail can solve every point of friction in B2B payments. Although the solution was initially designed for migrant workers to move money abroad more easily, the mobile app, which uses a QR code to facilitate global payments, could address global payments friction in a B2B context as well, the companies said. In the U.K.,

B2B 77

B2B Payroll Payments Cross-Border Payments 77

PYMNTS

APRIL 1, 2020

The B2B FinTech ecosystem seems to agree. Although connecting SMBs to capital is essential, it’s not the only challenge that B2B FinTechs are tackling with their newest offerings. Also targeting supply chain volatility is PayCargo , a company that facilitates payments between payers like forwarders to vendors like airlines.

B2B 67

B2B Product FinTech Payer 67

PYMNTS

MARCH 18, 2020

Goldman Sachs recently announced that it will offer its Global Payments capabilities on the SAP Ariba Network, a solution designed to enable faster, more affordable cross-border B2B payments. 1st Commercial Credit Discusses Payables Finance. Western Union Targets Law Firms.

B2B 67

B2B Cross-Border Payments Payer 67

PYMNTS

FEBRUARY 3, 2020

FCA Tells Credit Cards To Ease Up On Non-Payers. s Financial Conduct Authority (FCA) is telling credit card companies to reduce fees on non-payers’ debt rather than cancel cards, saying that it is required that “options must be reasonable,” for customers in debt. ThomasNet CEO: How A 122-Year-Old Company Sees B2B Payments Evolution.

Push-to-Card 56

Push-to-Card Payer Credit Cards Visa 56

Fintech Finance

JANUARY 31, 2024

Paystand, the only feeless B2B blockchain-enabled payment platform, today brings its automated payment solution to Acumatica, an all-in-one cloud-based ERP system for business management that includes finance, inventory, CRM, and payroll.

B2B 52

B2B Payer Payments Automation 52

PYMNTS

JANUARY 22, 2021

Today in B2B payments, TripActions announces new funding that values the T&E startup at $5 billion, while OneSource Virtual launches invoice payment capabilities. Plus, iBanFirst launches B2B payment traceability tool, Georges rebrands with new funding, and HashCash partners with a bank on blockchain payments.

B2B 66

B2B Payments Blockchain Payee 66

PYMNTS

FEBRUARY 21, 2020

In a market ecosystem where Instagram influencers are a new norm in advertising, and where corporate sponsorships are diversifying throughout the digital ether, businesses’ vast network of strategic B2B partnerships is getting even bigger, and more complex. From Discovery To Payment. Slashing The AP Ambiguity.

B2B 65

B2B Process Automation Payments 65

PYMNTS

SEPTEMBER 23, 2020

Payment innovators are migrating toward making payments nearly invisible to the payer, with the goal of enabling the movement of funds so seamless and friction-free that the user is less able to identify that a transaction is even taking place. FinTechs have had to take on a leadership role to embracing an imbedded payments experience.

Payment APIs and Integration 126

Payment APIs and Integration Non-Bank Debit Card Push-to-Card 126

PYMNTS

SEPTEMBER 14, 2018

NACHA has tapped AeroPay Express as its newest Preferred Partner for B2B Electronic Payment Enablement, the organization said Thursday (Sept. B2B payments today cause many significant challenges for AP/AR [accounts payable/accounts receivable] departments.

NACHA 49

NACHA B2B Payments Payer 49

PYMNTS

JANUARY 17, 2020

Yet, with AP solution providers enticed by the high payment volumes and values of the B2B arena, emerging solutions can sometimes be too large for the mom-and-pop shop on Main Street. “Buyers and sellers in the B2B world, they do not share interests, many times,” he said. ” Finding A Middle Ground.

Faster Payments 61

Faster Payments B2B Small Business Venmo 61

PYMNTS

OCTOBER 14, 2016

That’s how invoice financing company Aztec Exchange , based in Ireland, found itself spreading into Spain and Latin America. But there was more to this global expansion, explained COO Oliver Gabbay, than entering markets where small suppliers are struggling to access financing. Late Payments.

Finance 62

Finance Regulations Payer Compliance 62

PYMNTS

MARCH 27, 2020

Their use for B2B payments, however, remains limited — but in the U.K., As Roy explained, there are certain advantages of the QR code specifically that can address the unique pain points of smaller and micro B2B businesses in particular. A B2B Opportunity. open banking may be able to change that.

Payment Initiation 60

Payment Initiation B2B Online and Mobile Banking Small Business 60

PYMNTS

SEPTEMBER 19, 2018

According to Bank of America ’s new vision of the future, those trips — and other B2B payment activities such as buying supplies — would go much more efficiently if plastic was replaced by mobile wallets. B2B Payments Innovation. In a new PYMNTS interview, Karen Webster talked with Hubert J.P.

B2B 56

B2B Push-to-Card Commercial Card Point-of-Sale (POS) 56

PYMNTS

SEPTEMBER 17, 2019

However, while many believe B2B payments are stuck in the past, Kevin Phalen, the global head of Visa Business Solutions, has a more optimistic viewpoint. “I I would say we’re seeing the most change we’ve seen in this space in probably decades,” Phalen told Karen Webster as he opened this year’s PYMNTS B2B Payments Executive Forum.

B2B 52

B2B Innovation Payer Cross-Border 52

PYMNTS

OCTOBER 27, 2016

But B2B payment habits continue to stifle suppliers’ growth plans across the globe, found the latest Working Capital Outlook Survey released by C2FO this month. there is evidence that B2B payment practices are improving. SMEs told C2FO that their corporate payers are paying late, down from 20 percent last year. In the U.S.,

Cash Management 75

Cash Management Small Business B2B Finance 75

PYMNTS

DECEMBER 26, 2018

Blockchain seemed to be stuck in pilot phase in 2017, but in 2018, the financial services industry finally saw a stronger flow of real-world, working blockchain applications — many of which targeted pain points in B2B payments, including the time and lack of transparency in cross-border transactions.

Blockchain 80

Blockchain Cross-Border B2B Payments 80

PYMNTS

MARCH 7, 2019

based corporate finance operation, is broadening its position in the trade finance landscape through an acquisition of Global Technology Finance , which provides supply chain finance to value-added resellers targeting the technology sector, according to reports in Asset Finance International.

Finance 51

Finance Payer Small Business Non-Bank 51

Fintech Finance

JANUARY 18, 2024

Supporting B2B healthcare claim settlements with virtual cards To support healthcare providers and insurance companies, Mastercard is pioneering a first of its kind medical claim payment solution with key partners using its innovative virtual card technology.

Visa 52

Visa B2B Innovation Payment APIs and Integration 52

PYMNTS

MARCH 31, 2020

There are risks on all sides of a B2B transaction in the agriculture industry. And amid this complexity, as farmers struggle to accelerate cash cycles, the trade finance that would traditionally support a seller’s cash flow is often unavailable as traditional financial institutions struggle to underwrite such a high-risk industry.

Blockchain 75

Blockchain B2B Finance Mitigation 75

EBizCharge

MAY 15, 2024

To better understand what and who is involved in these transactions, this article will dive into common business-to-business (B2B) terminology and payment methods. What are B2B payments? A reliable B2B payment system plays a pivotal role in the smooth operation of businesses across industries. How do B2B payments work?

B2B 52

B2B Wire Transfer Payments Payment Gateways 52

PYMNTS

DECEMBER 22, 2020

But when doing business abroad, often with large multinational corporations (MNCs), smaller firms can struggle to access the resources they need to level the playing field with their larger counterparts, from workflow technologies to trade finance. Driving SMB Inclusivity.

Cross-Border 106

Cross-Border Central Bank Digital Currency Due Diligence 106

PYMNTS

JANUARY 25, 2019

Thielens said payments is a particularly interesting area, considering how much innovation has occurred in the last decade with payers (consumer and corporate alike), demanding greater choice and variety in how they make payments.

API 69

API Payment APIs and Integration Finance Facilitators 69

PYMNTS

OCTOBER 1, 2018

As it turns out, in Europe, late payments in the B2B space seem to be a continent-wide problem. In a wide-ranging survey of B2B activity in Eastern Europe, trade credit insurer Atradius reported that payment delays tied to insufficient funds have been on the rise in the region, up 10 percent over last year. percent the year before.

B2B 49

B2B Payments Payer Credit Risk 49

PYMNTS

JUNE 5, 2018

That includes corporates, too, as firms like PayPal press into the B2B payments and small business finance market – but they’re not always doing it alone. Working with PayPal, the company said, could ease friction for both payers and payees in the B2B payment process, encouraging firms to pay their vendors more quickly.

B2B 46

B2B PayPal Payments Payee 46

PYMNTS

APRIL 12, 2019

Investors backed a range of B2B FinTechs this week operating in areas including accounting, cross-border payments, virtual cards, expense management, cybersecurity and more. Below, find the latest in B2B venture capital funding. FinTech gearing up to launch small business banking services. Back Office. Buckzy Payments.

B2B 55

B2B Cross-Border Payments Global Payments Cross-Border 55

PYMNTS

FEBRUARY 15, 2018

The conversation around B2B payments innovation and progress cannot be held without the banks. ” Fox spoke with PYMNTS for its latest B2B API Tracker, powered by FI.SPAN. Check out a full breakdown of the latest news in B2B API trackers in PYMNTS’ latest report. Different Markets, Different Challenges.

API 65

API Payment APIs and Integration NACHA Cross-Border 65

PYMNTS

OCTOBER 19, 2016

Small business financial services firm Intuit is taking advantage of Apple’s move to roll out Apple Pay as a web offering, linking the electronic payment tool into its QuickBooks platform for B2B payments. ” Intuit added that the integration of Apple Pay into the QuickBooks platform is part of an effort to accelerate B2B payments.

B2B 69

B2B Payments Small Business Payer 69

PYMNTS

MAY 7, 2020

But process mining has potential on the other end of a B2B transaction as well. Accounts payable and accounts receivable are the most in-demand areas within finance that we’re looking at,” said Thomsen. They’re clear levers for bolstering liquidity, which is very important right now amid COVID-19.

Process 56

Process B2B Payments Accounts 56

PYMNTS

DECEMBER 4, 2017

FinTech innovators are finally paying attention to the B2B sphere, and much of that focus has landed on the cross-border payments space — a notoriously clunky, expensive and opaque burden for many business payers. Traditional banks are often at the center of that global B2B payments friction.

B2B 41

B2B Cross-Border Payments Cross-Border Correspondent Bank 41

PYMNTS

FEBRUARY 17, 2020

This week’s B2B Data Digest uncovers the global cash flow threat of extended supplier payment terms, with the matter reaching from the U.S. Australia Policymakers Eye Supply Chain Finance. Australia, meanwhile, has kept the late payments challenge in the headlines as policymakers begin to single-out notorious late-payers.

Small Business 79

Small Business Payments Finance B2B 79

PYMNTS

NOVEMBER 4, 2020

Even with the digitization of the invoice, fraud remains a rampant problem, and it's not only the buy-side of the B2B equation faced with the consequences. But this isn't only a pain point for the payer side. If the error is ultimately discovered, businesses then have to begin the process of trying to claw back the money they paid.

Audit 90

Audit Automation B2B Deepfake 90

PYMNTS

MARCH 14, 2018

Today, alternative small business (SMB) lending company Fundbox is launching Fundbox Pay, a solution the company says will move its credit offering closer to the B2B transaction itself. Fundbox Pay turns the tables and puts money in the supplier’s pocket by making it possible for the buyer to do that by financing those payments.

B2B 40

B2B Payments Small Business Credit Cards 40

PYMNTS

NOVEMBER 5, 2018

According to the firm, B2B transactions were a key driver of ACH transaction growth in the third quarter of the year, leading NACHA Chief Operating Officer Jane Larimer to describe the ACH Network as “thriving.”. ACH may be the most popular ePayments rail option for B2B transactions in the U.S. today, but it’s not the only one.

Small Business 68

Small Business Same Day ACH Wire Transfer NACHA 68