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From a lack of supplier acceptance of electronic payments to outdated infrastructure within accounts payable (AP) departments, the B2B payments ecosystem still has much room for improvement on multiple fronts.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 Wire Wires 110

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

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 95

Payment Networks B2B Acquirers Accounts 95

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

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

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

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

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

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 Master Account 48

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

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

The Paypers

MARCH 23, 2023

Payer , a Swedish fintech scaleup that specialises in European B2B payments, has announced its launch of Open Banking payments for B2B in Sweden.

Payer 36

Payer B2B Payments FinTech 36

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

AUGUST 19, 2020

With B2B payments being an increasingly attractive target for innovators, the landscape is growing crowded as more banks and FinTechs roll out their accounts payable (AP) automation solutions. “I think everybody recognizes that B2B payments are an enormous opportunity in the U.S. The competition is undoubtedly heating up.

Automation 127

Automation B2B Point-of-Sale (POS) Payer 127

Stax

MARCH 14, 2024

During the 2020s, almost all businesses will have been looking at b2b payments processing solutions to meet changing consumer needs. But what about in the business-to-business (B2B) sector? Industry data shows that the B2B payments landscape is rather diverse. Learn More What are B2B Payments? Not sure where to start?

B2B 88

B2B Process B2C Credit Cards 88

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 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

The Paypers

FEBRUARY 29, 2024

B2B technology fintech Payer has announced its partnership with American Express , aiming to facilitate payments across Denmark, Finland, Norway, and Sweden.

Payer 41

Payer B2B Facilitators FinTech 41

Stax

MARCH 27, 2025

ACH Credit or direct deposit refers to when the payer pushes funds into the recipients bank account or credit union account. Payment control Scheduling of both payer-initiated and payee-initiated transactions can be done through ACH. With other EFT methods, only the payer can send payment manually.

ACH 88

ACH Electronic Funds Transfer (EFT) Wire Transfer Wire 88

PYMNTS

AUGUST 7, 2020

In addition, the new feature automates payment creation for payers, such as freight forwarders and importers, and helps to provide real-time remittance validation for airlines to help cargo be released the same day.

Security 102

Security B2B Payer Payments 102

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

NOVEMBER 9, 2020

Our job, particularly on the AP side of the house and with payers, is trying to figure out and enable them how to digitize their payments and get the data richly packed against those payments so that we can bridge that divide.”. We are marching in the [right] direction as an industry,” Dearborn said.

B2B 109

B2B Payments Treasury Payer 109

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

OCTOBER 29, 2020

Much innovation in B2B has been focused on getting rid of paper checks. But as Barry McCarthy , president and CEO of Deluxe , said in an interview with Karen Webster as part of the ongoing series on B2B payments, it’s going to take a while. In B2B, said McCarthy, “we’ve started on a rapid journey to the new frontier of digital.

Checks 78

Checks B2B Payments C2B 78

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

SEPTEMBER 14, 2017

One exception may be in the T&E space, in which FinTechs are introducing ways for employees to make B2B payments and integrate transaction data into expense management systems, a reflection of the mobile nature of the traveling employee. In some ways, the app is a reflection of existing corporate payer needs.

B2B 55

B2B Payment APIs and Integration Due Diligence Payer 55

Paystand

AUGUST 29, 2024

Key Takeaways Payer portals provide a digital interface for customers to make online payments, linking them to payment gateways for processing Benefits include improved customer experience, faster payment processes, reduced labor costs, and higher customer satisfaction Payer portals differ from payment gateways and payment processors in their role (..)

Payer 40

Payer Payment Gateways Gateways Processors 40

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

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

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 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

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

NOVEMBER 23, 2020

According to John Innes, CEO of ACH Processing Company , the complex flow of B2B payments in the healthcare space has several areas of opportunity to not only bring efficiency to the process, but actually provide financial relief to both payers, like third-party administrators (TPAs), and payees, like dental offices and private practices.

ACH Processing 77

ACH Processing Payer ACH Payee 77

PYMNTS

NOVEMBER 15, 2019

Though credit cards were not originally designed to address the needs of corporate payers, advances in commercial card technology have positioned the payment tool as one that’s gaining traction in the accounts payable department. This, he noted, is Mesh’s entryway to the market of cross-border B2B payments. ”

B2B 65

B2B Commercial Card Cross-Border Cross-Border Payments 65

PYMNTS

FEBRUARY 19, 2020

With speed being the most obvious value proposition of real-time payments capabilities, it’s not difficult to imagine that corporate payers would be eager to embrace faster payments functionality in their accounts payable (AP) departments. And for many firms, that’s exactly what they’re beginning to do.

Real Time Payments 114

Real Time Payments Visa Payer Payments 114

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

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