PYMNTS

DECEMBER 28, 2020

PYMNTS December 2020 Global B2B Payments Playbook done in collaboration with Worldpay makes a simple, somewhat baffling observation: “Many B2B payments are [still] being made over the same rails that firms have leveraged for decades, utilizing familiar payment tools and being supported by the same pre- and post-payment systems.”.

B2B 71

B2B Payments Automation CRM 71

PYMNTS

JUNE 8, 2020

B2B payments technologies can be seamlessly integrated into businesses’ existing back offices with minimal disruption, and it’s an achievement that has not only opened the door for smaller firms to adopt technology, but has led more businesses to buy — not build — when developing their digitization strategies.

B2B 63

B2B Automation Payment APIs and Integration Digital Currency 63

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

PYMNTS

FEBRUARY 16, 2017

B2B payments company Payoneer is one of the latest firms to use this strategy. Earlier this month, the firm announced the rollout of its own API that allows software companies that target the SME space to integrate Payoneer’s cross-border payments capabilities.

Cross-Border 75

Cross-Border B2B Payment APIs and Integration Cross-Border Payments 75

PYMNTS

NOVEMBER 30, 2020

Today in B2B payments, Visa teams up with Razorpay to debut a small business commercial card solution, while Nets is working with Yoba Smart Money to develop small business payment tools. Razorpay, Visa Team for SMB Corporate Cards. Emirates NBD Debuts Omnichannel Corporate Banking Program.

B2B 64

B2B Cross-Border Liquidity Management Small Business 64

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

PYMNTS

SEPTEMBER 7, 2020

For businesses, the world market was thrown into volatility, yet soon, new opportunities emerged. For the corporate card, 2020 has been a season for dramatic shifts in how the payment tool is used and the value it adds to the enterprise. The year 2020 began inconspicuously — but in a few short weeks, everything changed.

Commercial Card 98

Commercial Card Push-to-Card Small Business Card Issuer 98

PYMNTS

MARCH 25, 2016

Paper checks are far from disappearing in business payments, but a new solution from U.S. Bank will add a digital, mobile twist to the paper payment tool. Deposit Express is specifically tailored to meet the needs of small businesses. Users take a picture of the check from within the U.S.

Small Business 40

Small Business Checks Online and Mobile Banking Treasury Management 40

PYMNTS

JUNE 14, 2017

In Visa news, the credit card company is hitting back at rival Mastercard with the rollout of a B2B payments program just days after Mastercard announced its own B2B payments tool. Visa offered examples of how its existing partners in the program are deploying its B2B payments tools.

B2B 44

B2B Payment APIs and Integration Cross-Border Payments Payments 44

PYMNTS

SEPTEMBER 14, 2018

NACHA has tapped AeroPay Express as its newest Preferred Partner for B2B Electronic Payment Enablement, the organization said Thursday (Sept. As a Preferred Partner, AeroPay Express is part of a larger group that supports NACHA’s efforts to promote payments innovation.

NACHA 49

NACHA B2B Payments Payer 49

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

SEPTEMBER 23, 2019

Corporates have growing expectations for faster, more efficient and more secure B2B payments — whether their money is moving from one business unit to another or one country to another. Payments Speed and Security. As financial institutions gather for this year’s Sibos conference kicking off in London today (Sept.

B2B 49

B2B ISO 20022 Payment APIs and Integration ISOs 49

PYMNTS

DECEMBER 3, 2019

The expansion of traditionally consumer-focused FinTechs widening their solution scope to include B2B payments tools exemplifies just how massive the opportunity is for service providers to tackle friction. Around the world, B2B transfers are expected to reach a $218 trillion valuation in the next three years alone.

Cross-Border 53

Cross-Border B2B Cross-Border Payments Blockchain 53

PYMNTS

NOVEMBER 14, 2017

B2B payments are powerful, but so are mounting debts. 78 percent | Percentage of consumers surveyed in a recent YouGov poll across Bangladesh, India and Sri Lanka who reported being highly inclined to embrace new modes of digital payment tools.

Economy 46

Economy B2B Payments Tools Payments 46

PYMNTS

DECEMBER 23, 2019

In cases like Carillion, analysts have raised concerns that large conglomerates are intentionally withholding payments to take advantage of capital float — to the dismay of smaller players and professionals in the market. Small businesses are the fabric of the construction industry,” he said. Regulation Steps In. In the U.K.,

B2B 52

B2B Faster Payments Payments Payer 52

PYMNTS

MAY 18, 2018

Visa’s latest fuel to the B2B payments innovation fire came in the form of its inaugural Small Business Hackathon earlier this year. Its winner was Hermyz , a company set on using technology to guide small businesses away from paper checks and toward digitization.

B2B 46

B2B Small Business Bots Payments 46

PYMNTS

JULY 4, 2018

The B2B payments market is already enjoying a solid year, thanks to some of the biggest names in payments and FinTech taking a solid stance in the space. PYMNTS takes a look back at some of the most popular B2B payments stories of the year so far. Mastercard Sent Steps Into B2B. Visa Buys Fraedom.

B2B 40

B2B Payment APIs and Integration Push-to-Card Visa 40

PYMNTS

AUGUST 16, 2020

Plastiq , which works in intelligent payments software, is now included in the U.S. Visa Small Business Hub , which will allow it to join other firms in offering new, safe, digital tools to small- to medium-sized businesses (SMBs), according to a press release.

Small Business 93

Small Business Payments Credit Cards PayPal 93

PYMNTS

JUNE 12, 2018

billion from its early investments in B2B FinTech, according to Forbes reports Monday (June 11). But the companies that secured early investments from Index Ventures are also operating in the B2B FinTech realm, showcasing the rising popularity of enterprise-targeting companies with investors. Its float could fetch $1 billion.

B2B 40

B2B FinTech Risk Mitigation PayPal 40

PYMNTS

APRIL 22, 2020

But when it comes to establishing operations abroad and managing money throughout the globe — whether it be reconciling finances across multinational business units or paying suppliers in foreign currencies — the challenges are vast. ” Easing Payments Friction. ” Exploring Alternatives. ”

Cross-Border 96

Cross-Border Economy Cross-Border Payments Multi-Currency 96

PYMNTS

MAY 22, 2020

Regardless of the news, this week’s B2B venture capital roundup is one of the strongest in months, fueled largely by FinTechs’ focus on connecting small and medium-sized businesses (SMBs) to capital. There was a nearly 20 percent drop in the number of deals solidified in the quarter, too. Europe and Australia.

Finance 56

Finance B2B Online and Mobile Banking Participant 56

PYMNTS

MARCH 26, 2018

These are all common reasons why a small business owner may struggle to grow their company, and the latest analysis on the topic certainly points to these factors as having an impact on SMB growth across the world. 9 in 10 SMBs say cash flow challenges hamper business growth , according to data from Scottish Pacific.

Small Business 77

Small Business Non-Bank Finance B2B 77

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. The company announced Tuesday (Oct.

B2B 69

B2B Payments Small Business Payer 69

PYMNTS

JUNE 1, 2018

Additionally, some companies are seeking profit in offering spend management and payment tools designed to better serve firms that rely on gig and freelance workers. The new QuickBooks tool gives “small business owners confidence in their finances,” according to the press release. In fact, 30 percent of U.S.

Direct Deposit 40

Direct Deposit B2B IRS Payroll 40

PYMNTS

SEPTEMBER 2, 2019

For B2B payments, this summer was a season of technological progress. In another collaboration with Mastercard this summer, the PYMNTS B2B Payments Automation Innovation Playbook similarly revealed that the demand for AP automation is on the rise. Faster Payments. Elevating the Commercial Card.

Commercial Card 74

Commercial Card Payment APIs and Integration Faster Payments ACH 74

PYMNTS

AUGUST 8, 2019

The competition is heating up between payment technologies in accounts payable, with ACH and virtual cards seeing significant pushes in the B2B payments space to combat the dreaded paper check. For many businesses, which payment tool is best depends on many factors, from what their vendors prefer to payers’ own cash positions.

Accounts 57

Accounts ACH B2B Payments 57

PYMNTS

APRIL 25, 2019

Intuit’s QuickBooks is introducing a new feature designed to accelerate payments and cash flow for small businesses. Businesses that invoice via QuickBooks Payments can receive next-day funding for both credit card and ACH transactions. small businesses stands at $53,399.

ACH 68

ACH Small Business Payments Credit Cards 68

PYMNTS

JANUARY 9, 2020

Following anxieties that robots would replace their jobs, small business (SMB) accountants are now on a path to potentially become more strategic partners with their SMB clients. “In many ways, the biggest pain point for accountants and small businesses is assembling the books in the first place,” he said.

Accounts 69

Accounts Small Business Fed Continuity 69

PYMNTS

APRIL 9, 2020

Oliver Kidd, chief executive officer at commercial card FinTech Archa , recently told PYMNTS that outdated application processes are a major turnoff for small businesses seeking credit and payments capabilities in the form of a corporate card, with significant negative consequences. ” Legacy Processes.

Commercial Card 60

Commercial Card Small Business Credit Cards Underwriting 60

PYMNTS

OCTOBER 2, 2019

As payments giants like Visa and Mastercard shift the innovation spotlight onto B2B transactions, developers of new accounts payable solutions are ushering in a growing trend: designing payment tools not just for the payer, but for the B2B supplier as well. Boost Payment Solutions Expands Globally.

Commercial Card 52

Commercial Card Innovation Payer B2B 52

PYMNTS

JANUARY 29, 2020

This week’s look at the latest in commercial card innovation explores some of those use cases, including small business (SMB) travel and event planning. As commercial card product developers innovate, many are beginning to explore unique use cases for the payment tool. Mastercard Expands EU Biz Card Offerings.

Commercial Card 56

Commercial Card Card Issuer Visa Issuers 56

PYMNTS

NOVEMBER 22, 2016

India’s small business finance space got some renewed attention by investors this week when local startup numberz.in offers cash flow management for businesses. The firm rolled out an express onboarding service for SMEs that are now scrambling for digital payment tools, unable to turn to cash as they once had.

Cash Management 71

Cash Management FinTech NOV B2B 71

PYMNTS

SEPTEMBER 9, 2020

The payments digitization push has ramped up for corporates in recent months, with growing corporate card adoption attributed to the pandemic, recent Mastercard data reveals. Yet it's not only the need to embrace electronic payments that is encouraging government agencies, small businesses and larger enterprises to embrace the payment tool.

Payment APIs and Integration 94

Payment APIs and Integration Commercial Card Push-to-Card Visa 94

PYMNTS

NOVEMBER 16, 2016

Banks’ shortcomings when servicing small business clients have become an engine behind the FinTech boom. Other SME-serving FinTech companies are offering the digital payments and cash management solutions many traditional FIs consider too costly to offer small businesses. The Small Business Challenge.

Small Business 75

Small Business On-Demand FinTech Consumer 75

PYMNTS

OCTOBER 1, 2020

More than 40 percent of United States businesses received at least some of their invoices in 2019 via a form of communication that many younger generations may have trouble identifying, let alone using: fax. This statistic is emblematic of a larger problem in the world of B2B payments. This may help explain why most U.S.

Online and Mobile Banking 67

Online and Mobile Banking Payments Small Business Volume 67

PYMNTS

MARCH 18, 2016

Banks need modern infrastructure, but instead of overhauling their pipelines internally, financial institutions have begun striking strategic partnerships with FinTech and payments innovators. Banks find it expensive to serve the bill payment needs of small businesses because so many of the payments have to be sent via check,” Kriplani said.

Compromise 40

Compromise B2B ACH Commercial Card 40

PYMNTS

JUNE 11, 2019

Until recently, these changes rarely impacted the small business (SMB) financial services (FinServ) sphere: Among the biggest challenges for entrepreneurs is accessing bank services that are smaller than enterprise-level offerings, yet more tailored to their needs than consumer-sized options.

Office of the Comptroller of the Currency 60

Office of the Comptroller of the Currency Small Business Payment APIs and Integration Third-Party Service Provider 60