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 85

Payment Networks B2B Acquirers Accounts 85

PYMNTS

NOVEMBER 19, 2020

While optimizing B2B payments is often about combating friction at the moment of transaction, the truth is, the B2B payment experience often happens way before any money is ever actually moved. There are many ways that onboarding a new B2B customer can be a headache for suppliers that sell goods and services online.

B2B 105

B2B Payer Payments B2C 105

PYMNTS

DECEMBER 30, 2020

The B2B payments ecosystem experienced a sudden and dramatic acceleration of change upon the onset of the global pandemic, and its impacts reach far beyond the mere digitization of the B2B transaction. How that is achieved is a matter of innovation and experimentation. The Coexistence Of Rails.

B2B 119

B2B Payer Payments BNPL 119

The Paypers

OCTOBER 31, 2022

Sweden-based fintech Payer has announced it will facilitate American Express payments in Denmark, Finland, Norway, and Sweden.

Payer 36

Payer B2B Facilitators Payments 36

PYMNTS

JANUARY 21, 2021

The feature will be available for both payers and payees, and it will offer live updates on the status of international payments at all stages of the fund transfer process, the release stated. PYMNTS reported that the pandemic has exacerbated speed and security concerns for cross-border B2B issues.

B2B 87

B2B Transactions Payee Payer 87

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. The Acumatica Paystand integration is available for Acumatica users as of January 31, 2024.

B2B 52

B2B Payer Payments Automation 52

PYMNTS

NOVEMBER 7, 2017

Citi’s Treasury and Trade Solutions is bringing its accounts receivable (AR) Payer ID solution to more markets around the globe. 6) that Payer ID is now available in 44 countries, as Citi brings the B2B payments tool across North America and Western Europe. The financial institution (FI) announced news on Monday (Nov.

Payer 48

Payer Payment APIs and Integration Treasury Reconciliation 48

PYMNTS

NOVEMBER 10, 2020

Today In B2B, U.K. challenger bank Tide runs dry of SMB loan funds, while Payer launches an ID verification service for B2B eCommerce platforms. Plus, Just Cashflow collaborates with Railsbank, and HashCash streamlines its B2B payments offering. Payer Financial Debuts New ID Verification Service.

B2B 75

B2B Product Payer Verification 75

PYMNTS

NOVEMBER 23, 2020

23) that they have entered a strategic partnership to launch Visa Commercial Pay, billed as a suite of B2B payment solutions for enterprises making the shift to digital transactions, and, specifically, virtual cards — and away from paper-based manual processes. She said 89 percent of B2B buyers are making more online purchases than last year.

B2B 115

B2B Payments Reconciliation Payer 115

PYMNTS

NOVEMBER 25, 2020

In B2B payments, the path to making transactions as seamless and invisible as possible is often about closing the gap that separates buyer and supplier. While a growing population of B2B FinTech solutions has helped to connect B2B buyers and sellers, more platforms can create more friction on either end of the equation.

B2B 116

B2B RTP Payments Real Time Payments 116

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

JULY 3, 2020

There are a multitude of benefits that open banking brings to B2B payments. The following Deep Dive explores open banking initiatives around the world, how APIs can harness open banking to facilitate B2B payments and how APIs can reduce the prevalence of outdated and insecure data-sharing methods. Both the U.K.

B2B 111

B2B Payment APIs and Integration API Payments 111

PYMNTS

JANUARY 12, 2021

Historically, corporate travel and expense ( T&E ) management has been viewed as an entirely separate function from other B2B payment workflows. As a result, the lines that once separated T&E from other B2B payment workflows are blurring, according to Conferma Pay CEO Simon Barker and Barclays President of Payments Marc Pettican.

B2B 91

B2B Payments Commercial Card Best Practices 91

PYMNTS

MARCH 26, 2020

Growing awareness of the cash flow pain caused by late B2B payments has led to increased calls to incentivize, and in some cases even mandate that larger corporates accelerate their invoice payment processes when working with small suppliers. In all, more than one-third of businesses surveyed admitted to this slip-up.

B2B 72

B2B Accounts Payer Payment APIs and Integration 72

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

PYMNTS

AUGUST 11, 2020

From a lack of supplier acceptance of electronic payments to outdated infrastructure within accounts payable (AP) departments, the B2B payments ecosystem still has much room for improvement on multiple fronts. Moving the needle in the journey away from paper checks isn’t a one-sided battle, either. An Ecosystem Approach.

B2B 110

B2B Payments Wires Wire 110

PYMNTS

JULY 18, 2020

Though the coronavirus pandemic has highlighted the impact of late B2B payments in the U.S. Speaking with the publication, Federation of Small Businesses Senior Policy Advisor Daniel Bellis warned that even top-performing vendor payers may still have lackluster processes in place. both due to U.S. Australia and Malaysia.

Addressing 85

Addressing B2B Payer Payments 85

The Paypers

MAY 17, 2021

Sweden-based B2B payment startup Payer has extended its partnership with United Spaces.

Payer 34

Payer B2B Payments 34

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

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

PYMNTS

DECEMBER 24, 2020

Some payers had to limit the operations of their mailrooms. Insurance carriers that implement high-powered tools to boost claims processing could also trim frictions and accelerate the sector’s B2B payments. This new focus is making legacy approaches seem outdated. “[In] Payouts And AR.

B2B 102

B2B Electronic Funds Transfer (EFT) Payments Payer 102

PYMNTS

JANUARY 8, 2020

Increasingly, business-to-business (B2B) companies working in the field and along supply chains are servicing their corporate customers, and seeking ways to accept payment upon delivery of goods and services. What B2B Businesses Need. What B2B Businesses Need. Benefits For Payers.

B2B 56

B2B Mobile Payments B2C Payments 56

PYMNTS

APRIL 30, 2020

National Institutional Facilitation Technologies (NIFT) has announced a partnership with B2B FinTech Haball for a new contextual railroad to help boost B2B payments in Pakistan, according to a press release. Based on the ISO 20022 framework, the CFT will provide detail on transactions, the press release stated.

B2B 67

B2B ISO 20022 Interoperability Funds Transfer 67

PYMNTS

SEPTEMBER 10, 2019

The B2B payments discussion often centers around innovators’ efforts to kill the check. There is no straight line to killing the check, but in the path to B2B payments innovation, a plethora of possibilities emerges. B2B Payments’ Innovation Agenda. According to Phalen, that includes speed, transparency and global scale.

B2B 59

B2B Cross-Border Payments Payer 59

PYMNTS

DECEMBER 11, 2019

For years, any attention given to solving B2B payments friction was typically focused on the payer. Pain points experienced by B2B vendors when collecting cash will inevitably seep into their own AP processes. Furthermore, the challenges faced by suppliers when collecting payments can mean additional friction for their payers.

Cross-Border 53

Cross-Border B2B Cross-Border Payments Payer 53

PYMNTS

MAY 7, 2020

Although a recent uptick in B2B payments innovation has accelerated corporates’ migration away from the paper check, old habits die hard, and the legacy payment tool remains a mainstay in the accounts payable (AP) department. “Checks will be around for a while. .”

Checks 67

Checks B2B Payment APIs and Integration Remote Deposit Capture 67

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

FEBRUARY 19, 2019

18) said the Federation of Small Businesses wants the government to blacklist late payers from receiving government contracts, calling on Scotland to no longer award contracts to companies that pay their small suppliers “unacceptably late.” The FSB has raised the issue of government contracts awarded to late payers in the past.

Payer 40

Payer Small Business Government Governance 40

PYMNTS

JUNE 12, 2017

Strategic Treasurer and Bottomline Technologies recently published a joint report on the B2B payments landscape: B2B payments + WCM Strategies. Combine that with the finding that B2B payments are becoming increasingly complex, with two-thirds of respondents saying they originate payments with at least three banks. Globalization.

Payer 60

Payer ACH FinTech Push-to-Card 60

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. Western Union Targets Law Firms. You can’t be doing this with buyers struggling to pay their bills.”.

B2B 67

B2B Cross-Border Payments Payer 67

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

APRIL 21, 2020

Since then, the mandate has been expanded, and today, all invoices, including those in B2B transactions, must be electronic. “Nobody will take your money unless it’s cash or secured by a bank-to-bank transaction,” he said, adding that for many payers, “cash is still king.”

B2B 57

B2B Payer Payments Legal Framework 57

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

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

JANUARY 2, 2019

When the B2B payments industry began considering what to expect for 2018, commercial cards weren’t often on the radar. Cards are still expected to account for only a minor fraction of B2B payments volume in accounts payable by the end of the year, after all, with ACH gaining traction as the go-to ePayments rail for corporate payers.

B2B 75

B2B Visa Distributed Ledger Technology (DLT) Commercial Card 75

PYMNTS

JUNE 4, 2020

Amadeus ‘ B2B wallet will now integrate Troovo ‘s technology to help automate the process of virtual travel payments, according to a press release. Damian Alonso , head of Payer Services at Amadeus Payments, said the teamwork would help businesses access faster, more efficient payments. ”

Automation 52

Automation B2B Payer Returns 52

PYMNTS

OCTOBER 24, 2016

But late last week, Visa announced that it will be rolling out Visa B2B Connect, a platform for banks to make payments and settle funds across borders using Chain Core, the blockchain infrastructure developed by Chain. “The payers and the payees are going to have greater visibility and transparency into transactions,” he said.

Blockchain 77

Blockchain B2B Real Time Payments Payer 77