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Visa Commercial Pay Launches For Virtual Cards, Digitized B2B Payments

PYMNTS

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. Visa and Conferma Pay said Monday (Nov.

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Xero, Stripe Team On Small Biz Payments

PYMNTS

The companies will continue to work on new payments tools, with plans to announce additional features in the coming year. “At At Stripe, we build payments infrastructure that enables new kinds of businesses to start, run, and scale,” said Jeanne DeWitt, head of revenue and growth for North America at Stripe. days late last year.

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AP Teams Need Automation to Combat Rise in AI Invoice Fraud Finds Basware

The Fintech Times

This is made all the more difficult when AP teams are the ones that are forced to deal with fraud attacks while managing supplier payments. Tools such as ChatGPT enable the mass creation of communications and fake invoices, increasing risks and delays in resolving legitimate disputes.

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What ‘Work From Home’ Means For Paper-Based AR Departments

PYMNTS

.” While COVID-19 may jumpstart some conversations about organizations’ abilities to adopt electronic payments and cloud-based financial processes, digitization is not the silver bullet to process inefficiencies, whether it’s during a pandemic or not. Lockbox Data Headaches. Automating Lockbox Data – And Beyond.

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APS Payments Adds B2B Capabilities For Sage X3

PYMNTS

And with APSPays Vault, companies can store information securely and access reporting tools for reconciliation. And, users can access Level 3 B2B processing, offering greater payments controls and lower rates, according to the release.

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American Express and Boost Payment Solutions Bring Optimized Virtual Card Payments to Suppliers

Fintech Finance

Automating virtual Card payments with Boost Intercept® can help reduce payment cycles and improve cash flow management, helping suppliers receive the funds more quickly. businesses who said that payments automation is saving their finance team’s time (36%), the average reportedly saved was 9.9

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Linking Cross-Border B2B Payments Across Cloud Platforms

PYMNTS

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. Payoneer ’s API enables the providers of these various SME services to integrate Payoneer international B2B payment tools straight into their services.