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From a lack of supplier acceptance of electronic payments to outdated infrastructure within accounts payable (AP) departments, the B2B payments ecosystem still has much room for improvement on multiple fronts.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

JANUARY 21, 2021

Global financial services provider iBanFirst has launched a Payment Tracker that will offer transparent, real-time tracking services, according to a press release emailed to PYMNTS. In addition, the Payment Tracker will offer insights into potential delays of the payment.

B2B 87

B2B Transactions Payee Payer 87

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. With T&E transactions looking so much like consumer payments, corporates often view T&E as the low-hanging fruit of optimization. A Corporate Spend Convergence.

B2B 91

B2B Payments Commercial Card Best Practices 91

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

DECEMBER 24, 2020

Dental practices typically go through many steps to receive payments, and the time and costs involved can quickly mount when many of these processes are handled manually. Some payers had to limit the operations of their mailrooms. Dental practices could benefit if more insurance companies delivered electronic payments, however.

B2B 102

B2B Electronic Funds Transfer (EFT) Payments Payer 102

Stax

MARCH 14, 2024

During the 2020s, almost all businesses will have been looking at b2b payments processing solutions to meet changing consumer needs. Online and contactless adoption multiplied, and digital payments rose. consumers using two or more types of digital payment methods increased by 8%. Learn More What are B2B Payments?

B2B 88

B2B Process B2C Credit Cards 88

PYMNTS

JULY 18, 2020

Though the coronavirus pandemic has highlighted the impact of late B2B payments in the U.S. vendors struggling with delayed payments — the matter is, and always has been, a global one. Gap Reverses Vendor Payment Course. NAB Warns Of Spiking Late Payments. billion) in late payments every year.

Addressing 85

Addressing B2B Payer Payments 85

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. Ludwin argued that blockchain has a few steps up on other payment rails, like ACH.

Blockchain 77

Blockchain B2B Real Time Payments Payer 77

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. Laggard No More. Prevailing Winds Favor APIs.

API 76

API B2B Payment APIs and Integration Legal Framework 76

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

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

NOVEMBER 9, 2020

“I think when the pandemic hit in early March, it really put a gun to the head of many companies by taking what have been Byzantine processes around accounts payable or accounts receivable and moving to much more digital means,” Jay Dearborn , president, corporate payments of WEX Inc. told PYMNTS. Blessed To Have Tech Solutions.

B2B 109

B2B Payments Treasury Payer 109

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

MARCH 31, 2020

No one payment rail can solve every point of friction in B2B payments. This week’s look at payment rail innovation explores how corporates and FinTech providers embrace variety to ease friction in card acceptance, employee payroll and invoice payments. Mixing Payment Rails Drives SMB Revenue.

B2B 77

B2B Payroll Payments Cross-Border Payments 77

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

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.

Automation 127

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

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

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

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. After all, $20 trillion in paper payments is a lot to get rid of overnight.

Checks 78

Checks B2B Payments C2B 78

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. Preserving Check Workflows.

Checks 67

Checks B2B Payment APIs and Integration Remote Deposit Capture 67

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. NIFT CEO Haider Wahab, speaking at the signing ceremony, said he saw “great potential” in digitizing payments.

B2B 67

B2B ISO 20022 Interoperability Funds Transfer 67

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.

Payer 40

Payer B2B Commercial Card Faster Payments 40

PYMNTS

SEPTEMBER 10, 2019

The B2B payments discussion often centers around innovators’ efforts to kill the check. Unfortunately, simply introducing an electronic alternative to paper checks is not enough to kill this sticky and popular payment method. B2B Payments’ Innovation Agenda.

B2B 59

B2B Cross-Border Payments ISO 20022 59

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 Facilitators B2B FinTech 41

PYMNTS

MARCH 18, 2020

Technology that aids in the collection process has a role to play in helping the customers of a business embrace electronic payments, for instance. 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.

B2B 67

B2B Cross-Border Payments 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. Yet, 2018 was certainly a big year for commercial cards, and for credit card giants’ B2B payments aspirations overall. Visa Acquires Fraedom. And once you go global, it creates more problems.

B2B 75

B2B Visa Distributed Ledger Technology (DLT) Commercial Card 75

PYMNTS

SEPTEMBER 14, 2017

The enterprise has been a bit skeptical about mobile payments. 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.

B2B 55

B2B Payment APIs and Integration Due Diligence Payer 55

PYMNTS

JUNE 12, 2017

Strategic Treasurer and Bottomline Technologies recently published a joint report on the B2B payments landscape: B2B payments + WCM Strategies. But how businesses reshape their payment practices varies. But how businesses reshape their payment practices varies. Payments Rails.

Payer 60

Payer ACH FinTech Push-to-Card 60

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

JANUARY 8, 2020

Square ‘s mobile card reader undoubtedly made a significant impact on the mobile point-of-sale ( mPOS ) market, and kick-started a slew of recent innovations to broaden the ability for small to medium businesses (SMBs) to accept payments just about anywhere. What B2B Businesses Need.

B2B 56

B2B Mobile Payments B2C Payments 56

PYMNTS

FEBRUARY 3, 2020

In today’s top payments news, Mastercard’s CEO speaks out against a national payments system, the FCA tells credit card companies to be reasonable with customers in debt and the People’s Bank of China is prepared to inject $173 billion into the country to stabilize the economic damage wreaked by the coronavirus.

Push-to-Card 56

Push-to-Card Payer Credit Cards Visa 56

PYMNTS

SEPTEMBER 10, 2019

Global payments technology provider EVO Payments announced it has purchased SAP firm Delego Software, EVO said in a press release on Tuesday (Sept. It is now among the most powerful SAP companies for B2B users. . EVO Payments and Delego co-marketed their solutions to offer more services to a larger customer base. “We

B2B 81

B2B Payer Payments Payment Solutions 81

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 Cross-Border Commercial Card Cross-Border Payments 65

Stax

JULY 9, 2024

Physical wallets are phasing out, left behind in favor of digital wallets and other digital payment options. There’s no question that cashless payment systems and digital payment adoption have accelerated over the last few years. In 2019, 77% of US consumers were using at least one type of digital payment system.

Digital Payments 163

Digital Payments Online and Mobile Banking Contactless Payments Payments 163

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

MARCH 27, 2020

QR codes have enjoyed mounting adoption in the consumer payments landscape around the world in recent years as FinTech solutions embrace end-user efficiency and take advantage of smartphone penetration. Their use for B2B payments, however, remains limited — but in the U.K., open banking may be able to change that.

Payment Initiation 60

Payment Initiation B2B Online and Mobile Banking Small Business 60

PYMNTS

JANUARY 17, 2020

Accounts payable (AP) automation technology has hit the ground running, with solutions designed to accelerate invoice processing, optimize payment strategies and promote digital adoption. That’s not to say that small- to medium-sized business (SMB) invoice payment challenges are any easier to overcome. The result?

Faster Payments 61

Faster Payments B2B Small Business Venmo 61