Fintech Finance

DECEMBER 12, 2023

Over a quarter (27%) of British small and medium-sized businesses have admitted to being owed between £5,000 and £20,000 in unpaid invoices according to research by Payit , NatWest’s multi award-winning open banking payments solution. London’s businesses have been revealed to be the hardest hit, with 41% of payments coming late.

Small Business 52

Small Business Near Real-Time Payments Research 52

Finextra

SEPTEMBER 25, 2024

Apron, the business payments powerhouse, has raised a $30 million Series B funding round to help more small business owners make it by digitising and simplifying the payments process, and bring greater security to these companies’ cash flow.

B2B 52

B2B Small Business Payments Business Payments 52

The Paypers

OCTOBER 5, 2023

UK-based small business lender iwoca has integrated its B2B payment solution with Canada-based ecommerce platform Shopify.

Payment Solutions 68

Payment Solutions B2B Small Business Payments 68

PYMNTS

OCTOBER 5, 2020

Kevin Phalen , head of global business solutions at Visa , told Karen Webster that the consumerization and the digitization of the B2B space are enabling firms to get the job — moving money — done with efficiencies previously unknown. B2B is poised to make the same leap. And above all: Safe. Beyond The Safety Factor .

B2B 137

B2B Payment APIs and Integration Payments Push-to-Card 137

The Paypers

AUGUST 2, 2023

B2B payments platform for small businesses Melio has announced the launch of a Pay Over Time solution powered by B2B BNPL solutions provider Credit Key.

Small Business 36

Small Business BNPL B2B Payments 36

PYMNTS

NOVEMBER 5, 2018

According to the firm, B2B transactions were a key driver of ACH transaction growth in the third quarter of the year, leading NACHA Chief Operating Officer Jane Larimer to describe the ACH Network as “thriving.”. ACH may be the most popular ePayments rail option for B2B transactions in the U.S. today, but it’s not the only one.

Small Business 68

Small Business Same Day ACH Wire Transfer NACHA 68

The Fintech Times

FEBRUARY 5, 2024

The adoption of digital payments is rapidly developing markets to the point that the value of B2B payments are set to grow by 40 per cent by 2028, from $89trillion in 2024 according to research from Juniper Research , the market research firm. This was restricting digital access and innovation.

Cross-Border Payments 119

Cross-Border Payments Cross-Border ISO 20022 Research 119

Payments Source

SEPTEMBER 25, 2019

Today, borderless supply chains define business opportunities and brick and mortar presence is just an afterthought, says Amex's Dean Henry.

Small Business 117

Small Business B2B Payments Cross-Border Payments 117

PYMNTS

DECEMBER 28, 2020

In this week's B2B Data Digest, PYMNTS breaks down the numbers behind the latest cases of fraud, including the growing risks of small business loan fraud, a case of expense fraud, and the ever-persistent Business Email Compromise risk intensified by Brexit uncertainty. million business email scam. "We

B2B 116

B2B Email Compromise NACHA Small Business 116

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. He said the new tool, Veem Check, “strengthens our domestic payment offering” because users can pay anyone in the U.S. 18) press release.

B2B 109

B2B Payments Funds Transfer Small Business 109

Payments Dive

DECEMBER 1, 2022

The card company is adding to its product line-up in an attempt to cater to small businesses as they try to recover from COVID-19 pandemic lows and face inflationary pressures.

B2B 88

B2B Small Business Payments Product 88

PYMNTS

AUGUST 12, 2020

Small businesses have landed at the center of B2B FinTechs’ and financial service providers’ latest collaborative efforts. small business lending platform Funding Circle is reportedly considering whether to wield open banking to enhance its own product offering. ’s Faster Payments scheme.

Small Business 77

Small Business Push-to-Card Credit Union Payer 77

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

OCTOBER 19, 2020

Mastercard has added new B2B payment features in the Asia Pacific, intending to bolster its services for businesses looking for diverse payments methods, a press release says. The new payment facility will help to boost cash flow management and automate payments.

Visa 75

Visa B2B Accounts Cross-Border 75

Fintech Finance

DECEMBER 13, 2023

Melio , a leading B2B payments-as-a service platform for small businesses, announced the launch of real-time payments, which provides payors with the option to deliver funds instantly to their vendors. Morgan Payments, can process payments within seconds, even on weekends and bank holidays. “We

Real Time Payments 64

Real Time Payments FedNow Small Business Payments 64

PYMNTS

DECEMBER 3, 2020

Payment innovators are embracing the opportunities to mix payment rails old and new in search of business-to-business (B2B) solutions that can tackle longstanding friction. Visa To Use Card Rails For Digital Currency B2B Payments. Velo Labs, Lightnet, Visa Collab On Blockchain SMB Payments.

B2B 88

B2B NACHA Innovation Nacha Operating Rules 88

PYMNTS

JULY 5, 2020

Currencycloud , which works in global B2B cross-border payments, will be working with enterprise blockchain solution Ripple on new solutions for fast global payments, a press release says. The press release says Currencycloud recognizes the need for fast, secure payments during the global crisis.

B2B 103

B2B Cross-Border Cross-Border Payments Payments 103

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

APRIL 8, 2019

Hundreds of thousands of new small businesses (SMBs) open their doors every year in the U.S., The latest estimates from the Small Business Administration (SBA) peg the number of new SMBs at 414,000 each year, spurring job creation and economic growth for the country, with millennial entrepreneurs at the helm.

Small Business 111

Small Business Accounts Verification On-Demand 111

PYMNTS

FEBRUARY 11, 2019

Hiccups in accounts receivable — such as not getting paid on time — mean that business owners can struggle to meet their own financial obligations. Intuit found through a study that, across the globe, as much as 61 percent of small businesses (SMBs) face difficulties when it comes to managing cash flow.

Small Business 81

Small Business Real Time Payments Federal Reserve Payments 81

PYMNTS

NOVEMBER 9, 2020

Delayed payments continue to plague suppliers, particularly smaller players, and unfortunately, the global pandemic has only worsened this pain point. This week's B2B Data Digest looks at the latest stats in the fight against late payments, and finds several instances in which the COVID-19 crisis has exacerbated the late payments problem.

B2B 70

B2B Small Business Payments Database 70

PYMNTS

OCTOBER 11, 2019

After one of the busiest weeks of the year for B2B startup venture capital funding, this week revealed a bit of a lull in the market. Still, investors placed more than $368 million into the space, often in the form of Series B rounds for a range of B2B players, including fleet management, small business (SMB) banking and global payments.

Small Business 67

Small Business B2B Participant Cross-Border 67

PYMNTS

NOVEMBER 28, 2018

Earlier this week, reports said two researchers from Bloomsberg University of Pennsylvania made their case for safe harbor rules and overall easing of regulatory penalties for small businesses hit by a cyberattack. Yet small businesses rarely have the resources to pay and survive fines of thousands or even millions of dollars.

Small Business 78

Small Business Cybersecurity Ransomware Compromise 78

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

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

MAY 5, 2020

APIs allow banks and technology providers to coordinate development much more easily, enabling the creation of innovative new products and services for functions such as B2B payments. Developments From Around The World Of B2B APIs. For more on these and other B2B API news items, download this month’s Tracker.

API 80

API B2B Payment APIs and Integration Payments 80

PYMNTS

OCTOBER 26, 2018

Businesses across Asia, South Africa, the U.K. raised venture capital for their SMB-facing tools, including global payments, accounting and banking. Targeting China’s SMB community, XTransfer provides cross-border payments, collection and foreign exchange solutions, with its eye fixed on exporters.

Small Business 77

Small Business Cross-Border Cross-Border Payments FinTech 77

PYMNTS

OCTOBER 28, 2020

B2B ’s pain points when it comes to payments are well known — where paper checks dominate, where even the fax machine makes an appearance. Along the way, they said, the B2B payments landscape itself will be transformed, chiefly through digitalization and verticalization. Where We’re Headed.

B2B 97

B2B Payment APIs and Integration Payments Embedded Finance 97

PYMNTS

NOVEMBER 27, 2020

Consumers and businesses alike have long been familiar with digital payments, but both now expect smoother payment experiences as the COVID-19 pandemic’s financial impacts continue. Friction points that once proved to be minor nuisances have become legitimate financial challenges, especially for consumers and smaller businesses.

Real Time Payments 106

Real Time Payments P2P B2B Zelle 106

PYMNTS

NOVEMBER 25, 2020

Today in B2B payments, Barclays debuts a corporate trade finance platform, and Adobe introduces B2B data capabilities on its real-time Customer Data Platform. Plus, Zact introduces its expense management solution, Monit adds new small business Banking-as-a-Service features and Plaid teams up with Jack Henry.

B2B 91

B2B Finance NOV Payments 91

PYMNTS

NOVEMBER 28, 2018

B2B payments is all too often a waiting game, one that can be damaging to the survival of a small business (SMB). The check system creates a financial environment in which a small business has money, but can’t use it. CONEXT is looking to do a bit of both.

B2B 67

B2B Small Business Checks Payments 67

PYMNTS

MAY 3, 2018

Its mission, which just won the official admiration of Visa , is to move small businesses away from checks and paper receipts by migrating invoice management online. Hermyz took the grand prize and the $10,000 that came with it at last weekend’s Small Business Hackathon, an inaugural event that took place in Washington, D.C.,

Small Business 69

Small Business Payments Tools Digital Payments API 69

PYMNTS

NOVEMBER 12, 2018

Singapore bank DBS is introducing a new solution for small businesses to embrace digital payments and better manage cash flow, according to an announcement on the FI’s website late last week. The solution is also integrated with PayNow , the payments solution created by the Monetary Authority of Singapore.

Small Business 63

Small Business Payments Payer Payments Tools 63

PYMNTS

FEBRUARY 11, 2020

Cloud accounting firm Xero and payments services company Square are collaborating to offer small businesses a tool for faster invoicing and payments, according to reports on Tuesday (Feb. Small and medium-sized businesses (SMBs) using Xero can email invoices with the built-in Square payment functionality.

B2B 83

B2B Payments Debit Card Reconciliation 83

PYMNTS

JUNE 26, 2020

Small business lending emerged as a common theme in this week’s B2B venture capital roundup, and it’s no surprise, considering the role small and medium-sized businesses (SMBs) play in supporting their local economies. Based in France, Memo Bank announced a $22.5 million investment round this week.

B2B 115

B2B Finance Small Business Underwriting 115

Fintech Finance

OCTOBER 10, 2024

SMEB , a banking and financial technology company dedicated to supporting small business, today announces the appointment of Amanda Harrison to Chief Revenue Officer. The news follows the recent appointment of Dickson Chu as SMEB’s Head of Payments.

Processors 98

Processors Issuers Small Business B2B 98

PYMNTS

MARCH 4, 2020

Kabbage , which works with business analytics, has launched a new program that promises to help small- to medium-sized businesses (SMBs) calculate and predict cash flow and help them identify cash surpluses and deficits, according to a press release. Kabbage CEO Rob Frohwein said he can relate. “As

Small Business 67

Small Business Ubiquitous Payroll Addressing 67