PYMNTS

NOVEMBER 18, 2020

Global payments startup Veem is launching a new business-to-business (B2B) tool to simplify and automate domestic payments, the company announced in a Wednesday (Nov. 18) press release.

B2B 109

B2B Payments Funds Transfer Small Business 109

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NOVEMBER 19, 2020

Today in B2B payments: Visa collaborates to open up small business banking data, while Mastercard drives commercial card adoption across the MEA region. Plus, American Express eyes social media shoutouts for small firms, Veem launches a domestic B2B payments tool and Billtrust embraces machine learning. 18) press release. SMB economy.

B2B 52

B2B Visa Commercial Card NOV 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. Through Early Pay, buyer cash flow can be optimized by early payments funded by American Express or buyers.

B2B 77

B2B Payments Commercial Card Automation 77

PYMNTS

NOVEMBER 12, 2020

Today In B2B payments, NeweggBusiness integrates business financing and payment terms via Behalf, while Deutsche Bank expands its cash management offering into Australia. Plus, GE shutters its staff audit program, and Park Place Payments partners up for small business B2B payments. Newegg Chooses Behalf For Flexible Business Financing.

Cash Management 67

Cash Management B2B Audit Cross-Border Payments 67

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. Through Early Pay, buyer cash flow can be optimized by early payments funded by American Express or buyers.

B2B 53

B2B Payments Commercial Card Automation 53

PYMNTS

NOVEMBER 4, 2020

Today in B2B Payments, commercial payments technology firm FLEETCOR reveals $1 billion plans for M&A activity. Repay Holdings said on Tuesday (Nov. 3) that it has completed its multimillion-dollar acquisition of CPS Payment Services , a B2B payments and accounts payable (AP) automation technology provider.

B2B 59

B2B FinTech Push-to-Card NOV 59

PYMNTS

NOVEMBER 14, 2016

Singapore-based B2B FinTech firm MC Payment announced a new funding round, as well as global expansion, late last week. Reports Friday (Nov. MC Payment facilitates an array of transactions, including B2C and B2B, through its network of other FinTech service providers, like American Express, First Data and other top names.

B2B 79

B2B FinTech Payments B2C 79

PYMNTS

NOVEMBER 5, 2018

Chinese conglomerate Tencent is the latest to step into the blockchain trade finance space via its FinTech unit Tencent Financial Technology, according to reports in China Daily on Friday (Nov. Its focus on trade finance and SMB services marks Tencent’s recent restructuring and refocus on B2B operations. B2B is not in our blood.

B2B 60

B2B Blockchain Finance B2C 60

PYMNTS

NOVEMBER 28, 2018

According to The Business Times on Tuesday (Nov. In announcing the investment, Deskera also revealed the rollout of its new B2B eCommerce platform Desk, which “gives [SMBs] the ability to buy, sell and transact online,” according to Chief Executive Officer Shashank Dixit. Deskera said it plans to expand into the U.S.,

B2B 55

B2B CRM NOV FinTech 55

PYMNTS

NOVEMBER 4, 2016

Not every week can be a home run for B2B startups. Reports Tuesday (Nov. million will be Tim McCormick, a veteran of the B2B software space and SaaSOptics’s new CEO. Offering point-of-sale financing, Flexiti has secured new investment to the tune of $5 million , the firm revealed Wednesday (Nov. SME Finance.

B2B 74

B2B Finance NOV On-Demand 74

PYMNTS

NOVEMBER 21, 2019

KPMG is rolling out a new payments security solution targeting B2B payments fraud, the company said Thursday (Nov. A press release said KPMG is collaborating with cybersecurity provider nsKnox to roll out its KPMG Secure Payments tool, distributed and serviced by KPMG Israel.

B2B 44

B2B Security Cybersecurity Email Compromise 44

PYMNTS

NOVEMBER 7, 2019

However, with cloud storage and computing a requirement for many businesses, with the surge of Software-as-a-Service (SaaS) and with B2C services like Amazon Prime embracing the B2B opportunity, recurring B2B electronic payments are an increasingly complex challenge for these service providers and the businesses paying them.

Cross-Border 40

Cross-Border B2B B2C Payments 40

PYMNTS

NOVEMBER 30, 2017

NACHA has revealed news that B2B payments company Bottomline Technologies is its newest partner. In an announcement made Wednesday (Nov. However,” continued Larimer, “B2B payments have not evolved at the same pace as other types of payments, because they can be more complex.

NACHA 40

NACHA B2B Payments NOV 40

PYMNTS

NOVEMBER 16, 2017

Visa, the payments company, announced Wednesday (Nov. In a press release, Visa said it will test bank-to-bank transactions with more partners as it prepares for a commercial launch of Visa B2B Connect , which will give banks a fast, secure way to process cross-border B2B payments.

B2B 45

B2B Cross-Border Cross-Border Payments Commercial Card 45

PYMNTS

NOVEMBER 26, 2020

KashFlow by IRIS Software Group will work with Yapily , an enterprise connection platform, to help enable real-time insights into cash flow and allow a frictionless end-to-end bookkeeping service, according to a Wednesday (Nov. 25) media release.

B2B 73

B2B Payment APIs and Integration NOV Small Business 73

PYMNTS

DECEMBER 2, 2016

We’re covering two weeks’ worth of B2B venture capital funding, and across the board, India has come out on top. It’s certainly not the largest funding round the B2B FinTech industry has seen. B2B eCommerce. led a $10 million funding round for B2B digital marketplace Udaan, reports said last week.

B2B 53

B2B FinTech NOV Legal 53

PYMNTS

NOVEMBER 17, 2020

Digital invoicing and procure-to-pay technology provider Basware rolled out a new “Spend Insights” dashboard and a new feature to allow for payment performance analysis as two enhancements to its Analytics offering, according to a Tuesday (Nov. 17) announcement.

B2B 60

B2B NOV AI Automation 60

PYMNTS

NOVEMBER 5, 2018

Visa and Billtrust today (Nov. In the world of B2B payments, it’s a different story — t here, the check is alive, well and still dominating. As of 2018, somewhere between half and two-thirds of all B2B payments are still made by check. I think B2B is becoming a very interesting place to watch.”. The Path Forward.

B2B 78

B2B Checks Payments Push-to-Card 78

PYMNTS

NOVEMBER 24, 2020

Today in B2B payments, corporate acquirers get creative with technology in a pandemic world, while BBVA upgrades its expense management offering. The new offering is designed to assist business customers in streamlining and optimizing costs paid through the bank’s commercial cards, according to a Monday (Nov. 23) announcement.

B2B 52

B2B Commercial Card Due Diligence NOV 52

PYMNTS

NOVEMBER 16, 2017

company that operates an API-driven payments platform for corporate payments, announced news on Wednesday (Nov. 15) that it has integrated with the nation’s Faster Payments system to accelerate B2B payments. The company said it has deployed a payments SLA and integrated with Faster Payments to automate B2B transactions for companies.

Faster Payments 43

Faster Payments B2B Transactions Payment APIs and Integration 43

PYMNTS

NOVEMBER 20, 2019

B2B eCommerce and supply chain management platform GoExpedi has announced a $25 million funding round led by Top Tier Capital Partners. CSL Ventures, Crosslink Capital, Bowery Capital, Blue Bear Capital and other existing investors also participated in the Series B round, GoExpedi said in its press release on Wednesday (Nov.

B2B 40

B2B Technology NOV Participant 40

PYMNTS

NOVEMBER 19, 2019

Electronic invoicing and source-to-pay company Basware has introduced new features into its Marketplace eProcurement offering, the company said on Tuesday (Nov. ” Basware first integrated B2B payments capabilities into its platform last year to streamline the invoice-to-pay process.

B2B 40

B2B Agreements NOV Service Center 40

Fintech News

JANUARY 21, 2024

A 2023 white paper by Mastercard, titled “Embracing a virtual future of B2B travel payments”, explores these transformations and their impact on the sector. A 2023 infographic produced by Up in the Air, a travel payment consultancy from the Netherlands, depicts a dynamic and diversified B2B travel payment landscape.

FinTech 101

FinTech Payments Visa B2B 101

PYMNTS

DECEMBER 1, 2020

Today in B2B payments, Virgin Money has tapped a FinTech partner as it prepares the rollout of its business banking offering, while Iceland debuts its instant payments network. Schmidt, whose net worth is $20 billion, according to the Bloomberg Billionaire Index, put an undisclosed amount into the fund, which was announced Monday (Nov.

Instant Payments 56

Instant Payments B2B Central Bank Payments 56

PYMNTS

NOVEMBER 15, 2019

The answer is no, according to a Thursday (Nov. It’s unclear how this focus on more mature tech startups will impact investment in the B2B FinTech market, but as the latest VC roundup below shows, late-stage funding does indeed seem to be a focal point, with Series C, D, and even H rounds. 14) Financial Times report. Freshworks.

B2B 40

B2B FinTech Participant CRM 40

PYMNTS

NOVEMBER 13, 2020

Patent and Trademark Office (USPTO) for PayString, which will likely be a new offering, according to a report in CoinDesk on Friday (Nov. Ripple partnered with Currencycloud in July to facilitate global B2B payments and money transfers. In turn, Ripple can tap Currencycloud’s B2B cross-border payments expertise.

Blockchain 102

Blockchain Cross-Border Payments Cross-Border NOV 102

PYMNTS

NOVEMBER 23, 2016

Nordstrom is broadening the scope of its B2B gift card operations by teaming up with prepaid card company CashStar. In an announcement Tuesday (Nov. Using CashStar Business, Nordstrom is now offering Gift Cards for Business, a program that helps its business partners order Nordstrom gift cards and manage accounts.

B2B 60

B2B NOV Addressing Accounts 60

PYMNTS

NOVEMBER 2, 2020

Palette Software has connected its accounts payable (AP) automation cloud technology with Aptean ERP , according to a Monday (Nov. 2) announcement.

Automation 56

Automation B2B Procedures NOV 56

PYMNTS

NOVEMBER 3, 2020

Repay Holdings said on Tuesday (Nov. 3) that it has completed its multimillion-dollar acquisition of CPS Payment Services , a B2B payments and accounts payable (AP) automation technology provider. Repay’s offerings include credit and debt, as well as automated clearing house processing and instant funding. “We

Push-to-Card 56

Push-to-Card ACH Reconciliation B2B 56

PYMNTS

DECEMBER 1, 2016

that is especially struggling with late B2B payments. Research published Monday (Nov. SMEs in the construction industry are facing a slew of other financial hurdles that compound on top of the ongoing issue of late B2B payments, Bibby Financial Services found. Other Challenges Ahead. “For some, it will help the U.K.

B2B 52

B2B Payments NOV Research 52

PYMNTS

NOVEMBER 19, 2020

FastSpring , a full-service eCommerce solution for software-as-a-service (SaaS) companies, is acquiring SalesRight, a Canadian SaaS startup that offers tools for business-to-business (B2B) sales teams. David Nachman, chief executive officer of FastSpring , said in a statement on Thursday (Nov.

Cross-Border 81

Cross-Border Acquirers B2C B2B 81

PYMNTS

NOVEMBER 5, 2020

Plus, Uber reports earnings tonight (Nov. LendingClub, the country’s top provider of personal loans, said in earnings results Wednesday (Nov. Uber is set to report third-quarter earnings Thursday (Nov. Private sector payroll was sluggish in October, adding only 365,000 jobs, according to an ADP report on Wednesday (Nov.

Volume 56

Volume NOV Payroll Payments 56

PYMNTS

NOVEMBER 15, 2018

Western Union and FLEETCOR are nearing an agreement to sell WU’s business payments operations to the fleet payments firm, according to reports in PE Hub on Wednesday (Nov. Citing three unnamed sources, reports said Citi is advising on the deal, which could fetch $600 million for the B2B payments operations.

Business Payments 77

Business Payments Cross-Border B2B Payments 77

PYMNTS

NOVEMBER 3, 2020

A Russian cybercriminal was sentenced to eight years in prison for his role in a sophisticated Botnet conspiracy that caused estimated losses totaling more than $100 million, according to a Department of Justice (DOJ) statement on Tuesday (Nov. Zachary Terwilliger for the Eastern District of Virginia. .

Credential 104

Credential Breach Wires Wire 104

PYMNTS

NOVEMBER 10, 2020

The connection lets Concur Invoice clients make bill payments more efficiently by providing digital payment choices to vendors through the AvidPay Network, with the inclusion of AvidPay Direct and virtual card, according to a Tuesday (Nov. 10) announcement.

Payments 88

Payments NOV Automation B2B 88

PYMNTS

NOVEMBER 17, 2020

Cambridge Global Payments , a FLEETCOR firm, and Beanworks Solutions are continuing their collaboration to bring together solutions and offer a full accounts payable (AP) offering to clients, which can streamline their payable workflow spanning between buying and payment for firms that have international business, according to a Tuesday (Nov.

Continuity 84

Continuity Wire Transfer Cross-Border Payments 84

PYMNTS

NOVEMBER 19, 2019

In a press release on Tuesday (Nov. The partnership will allow WEX to connect its corporate customers to Billtrust’s B2B payments services, which addresses friction for both corporate payers and the suppliers accepting payments. 19), Billtrust said WEX is joining its Business Payments Network (BPN).

B2B 51

B2B Payer Reconciliation NOV 51