PYMNTS

DECEMBER 9, 2020

The takeover signaled an evolution of the company's business model from a traditionally business-to-consumer (B2C) seller, to one that includes business-to-business (B2B) operations. It was also indicative of a growing trend of B2C merchants expanding into the B2B realm in an effort to take advantage of a surging market.

B2C 118

B2C B2B Accounts Payable Invoicing 118

PYMNTS

NOVEMBER 25, 2020

In B2B payments, the path to making transactions as seamless and invisible as possible is often about closing the gap that separates buyer and supplier. While a growing population of B2B FinTech solutions has helped to connect B2B buyers and sellers, more platforms can create more friction on either end of the equation.

B2B 116

B2B Invoicing Reconciliations Accounting 116

PYMNTS

DECEMBER 9, 2020

The conversation came against a backdrop where, at a high level, B2B payments account for $120 trillion globally on an annual basis. The conversation came against a backdrop where, at a high level, B2B payments account for $120 trillion globally on an annual basis. B2B Use Cases Are Mushrooming.

B2B 134

B2B Reconciliations Accounting Invoicing 134

PYMNTS

DECEMBER 30, 2020

The B2B payments ecosystem experienced a sudden and dramatic acceleration of change upon the onset of the global pandemic, and its impacts reach far beyond the mere digitization of the B2B transaction. The Coexistence Of Rails. Often, that means the cooperation of multiple rails at once.

B2B 119

B2B Accounts Payable Invoicing B2C 119

PYMNTS

JULY 3, 2020

There are a multitude of benefits that open banking brings to B2B payments. Corporate accounting software can use open banking to automatically access bank information rather than rely on outdated and insecure practices like screen scraping. Benefits Of Open Banking For B2B Payments. Open Banking Initiatives Around The World.

B2B 111

B2B Banking Invoicing Reconciliations 111

PYMNTS

DECEMBER 24, 2020

For years — decades, even — B2B payment leaders and innovators had been talking about the digitization of corporate payments within accounts receivable (AR) and accounts payable (AP) departments. The coronavirus crisis has accelerated B2B payments digitization to new heights. More Work To Be Done.

B2B 113

B2B Accounts Payable CFO Reconciliations 113

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From a lack of supplier acceptance of electronic payments to outdated infrastructure within accounts payable (AP) departments, the B2B payments ecosystem still has much room for improvement on multiple fronts.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

PYMNTS

SEPTEMBER 14, 2020

"The Amazon experience" is now a worn-out catchphrase in the world of B2B eCommerce. But B2B eCommerce is not the same beast as B2C. The core difference between B2B and B2C is that in B2B, the individual researching and buying has a job to do,” King said. It's also accelerated the digitization of B2B sales.

B2B 107

B2B B2C Manufacturing eCommerce 107

PYMNTS

JULY 29, 2020

“Fundamental changes to the B2B payments landscape are taking place today, faster than ever before, helping the ecosystem eliminate inefficient B2B payments processes.”. Access to capital hasn’t been this tight since the market meltdown of 2008, so motivated players are finding better, faster ways of moving B2B funds especially.

B2B 98

B2B Accounts Payable Economics Accounting 98

PYMNTS

NOVEMBER 18, 2020

New Jersey-based invoice-to-cash platform Billtrust has upgraded the machine learning (ML) capabilities of its business-to-business (B2B) cash application software, the company announced Wednesday (Nov. The goal is to quickly convert payments to cash. The goal is to quickly convert payments to cash.

B2B 102

B2B Accounts Payable Invoicing CFO 102

PYMNTS

NOVEMBER 2, 2020

To remove the frictions inherent in B2B transactions, there will be no one rail to rule them all to connect corporates as they transact. The conversation marked the capstone of a month-long series of panels and individual interviews with a range of companies as part of PYMNTS’ deep dive into the state — and future — of B2B.

B2B 119

B2B Currencies Healthcare Cash Management 119

PYMNTS

SEPTEMBER 29, 2020

The pain points that accounts receivable (AR) teams most commonly experience can be boiled down to three underlying and related problems: continued reliance on manual AR management practices, and the resulting lack of speed and high operating costs associated with managing receivables. Reliance on manual processes has far-reaching effects.

Accounting 121

Accounting B2B Invoicing Prioritization 121

PYMNTS

DECEMBER 28, 2020

Nacha is issuing a warning to accounts payable professionals with regards to the rising threat of fraud. But accounts payable is far from the only back-office financial workflow at risk of fraud. While current fraud tools are helpful, there is no systemic or automated option for accomplishing this," Nacha warned.

B2B 116

B2B Accounts Payable Invoicing Manufacturing 116

PYMNTS

NOVEMBER 19, 2020

While optimizing B2B payments is often about combating friction at the moment of transaction, the truth is, the B2B payment experience often happens way before any money is ever actually moved. There are many ways that onboarding a new B2B customer can be a headache for suppliers that sell goods and services online.

B2B 105

B2B eCommerce B2C Prioritization 105

PYMNTS

JUNE 30, 2019

Going by a simple perusal of headlines, cross-border was, has been and will be in the cross hairs of many a payments player, across many a strategy, via fiat or digital coins, that aims to fix what’s broken in transactions done across currencies — especially in B2B.

B2B 109

B2B Currencies Foreign Exchange Transportation 109

PYMNTS

DECEMBER 15, 2020

Buyers, too, are eager for change and need to adopt accounts payable (AP) methods that are easily managed by employees working from home. Frictions like these are pushing more businesses to rethink their legacy approaches to business-to-business (B2B) payments and adopting various digital options for sending money. About The Report.

Healthcare 107

Healthcare B2B Invoicing Accounts Payable 107

PYMNTS

NOVEMBER 19, 2020

This week’s round-up of the latest innovations in payment rails for B2B payments shows a key focus on real-time transactions and embrace of emerging, faster payment rails. Plus, blockchain makes new inroads in the B2B arena. Plus, blockchain makes new inroads in the B2B arena. Transcard Embraces Track for Real-Time B2B Payments.

B2B 104

B2B Reconciliations Risk Management Accounting 104

PYMNTS

JANUARY 7, 2021

There are a lot of moving parts in B2B payments that are keeping corporate finance executives busy as they work to modernize and optimize their operations. In 2020, many of the biggest pain points in B2B payments were revealed, particularly when transactions move across border. But it's an end-to-end workflow.".

B2B 97

B2B Accounts Payable Treasury Corporate Finance 97

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 Accounts Payable Reconciliations Prioritization 91

PYMNTS

AUGUST 7, 2020

Nevertheless, this week’s B2B venture capital roundup found some healthy investment for startups in both Europe and the U.S., In Germany, Candis, a B2B platform to automate accounting and payments for businesses, announced a $15.8 with total funding nearly reaching $391.25 million this week.

B2B 100

B2B Transportation Startups Investments 100

PYMNTS

JULY 14, 2020

American Express has launched a new automated accounts payable solution, American Express One AP, to help businesses digitize B2B payment processing, according to a press release.

B2B 101

B2B Accounts Payable Invoicing Accounting 101

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. Utility account aggregation company Urjanet secured $14.65 Based in France, Memo Bank announced a $22.5

B2B 115

B2B Startups Finance Accounts Payable 115

PYMNTS

DECEMBER 29, 2020

In an interview with PYMNTS, Lilia Metodieva, managing director at Monneo , said virtual international bank account numbers (IBANs) can help firms gain scale internationally, and customize payments to serve the needs of their end customers. Traditional businesses have also switched online.

Numbers 115

Numbers Accounting Banking eCommerce 115

PYMNTS

DECEMBER 21, 2020

JCB , a Japanese card provider, is developing a blockchain B2B payment offering specifically for netting trades between two parties. Even though Japan’s B2B payments space accounts for $10 trillion in yearly volume, cash transactions are still in the lead as is the case in a number of markets.

B2B 98

B2B Banking Numbers Investments 98

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. Ripple, with its worldwide RippleNet network, will be an opportune way for Currencycloud to reach more financial institutions.

B2B 103

B2B Banking Securities Accounting 103

PYMNTS

NOVEMBER 6, 2020

As eCommerce and B2B payments expand across borders, time zones and currencies, virtual international bank account numbers (IBANS) can pave the way for firms to capture online sales efficiently — and bypass the frictions of traditional banking relationships. . Customizing The Accounts. .

B2B 98

B2B eCommerce Currencies Compliance 98

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. even people who don’t have a Veem account. . 18) press release. The platform also allows for real-time tracking and transparency from receipt to deposit.

B2B 109

B2B Startups Invoicing Accounting 109

PYMNTS

AUGUST 2, 2020

Corsair Capital has agreed to acquire B2B credit and payments provider MSTS , purchasing the company from World Fuel Services Corp. MSTS will remain a standalone business, which will give it the kind of position it needs to keep growing along with the B2B payments market, the release stated. according to a press release.

B2B 94

B2B B2C Planning Education 94

PYMNTS

SEPTEMBER 17, 2020

This week's roundup of the convergence of accounts payable (AP) and accounts receivable (AR) takes a look at how B2B payments solution providers are considering both buyers and suppliers as a result of the pandemic. Paymerang Eyes The Supplier's Role In AP. Versapay Eases Payment Pain With AR Tool.

B2B 92

B2B Vendor Management Marketing Accounts Payable 92

PYMNTS

NOVEMBER 10, 2020

As Scaffidi recently told Karen Webster, uncovering the B2B value of real-time payments is about understanding the broader culture shift that instant payments technology has introduced to the financial services landscape. Uncovering The B2B Use Cases. If you think about a market like the U.K.,

B2B 117

B2B Banking B2C Reconciliations 117

Strategic Treasurer

AUGUST 10, 2022

B2B Payments: 2022 Survey Results. The B2B Payments Survey gathers data from treasury and finance professionals on payment challenges, security, technology, and complexity, probing global respondents on their plans, perceptions, and practices. September 13 | 2:00 PM EDT. Register Now. Tuesday, September 13, 2022. Sponsored By.

B2B 98

B2B Treasury Education Securities 98

PYMNTS

NOVEMBER 9, 2020

HashCash Consultants has integrated its HC Corporate Payment features with the existing infrastructure for B2B payments, according to a press release. With the new upgrade, HashCash customers will now have access to real-time document sharing, automation and reconciliation, available instantly through B2B payments, the release stated.

B2B 93

B2B Reconciliations Invoicing Securities 93

PYMNTS

OCTOBER 14, 2020

And he noted, too, that the “verticalization” of B2B is upon us. Deploying the right solutions hearkens back to the “jobs to be done” theory of innovation noted by Webster during an earlier B2B webinar. Accounts payable and receivable used to be concrete, separate operations. B2B Verticalization.

B2B 97

B2B Accounts Payable Reconciliations Economics 97

PYMNTS

DECEMBER 30, 2020

As Nick Reid , director of B2B Partner Development at Conferma Pay , told PYMNTS, though not new, STP — which routes card payments and data automatically to suppliers and sidesteps manual processes — is increasingly being combined with virtual cards in a bid to level the playing field in B2B payments.

B2B 105

B2B Reconciliations Sales Invoicing 105

PYMNTS

SEPTEMBER 22, 2020

With the pandemic accelerating businesses' digital shift , small retail buyers have shifted their buying operations to the B2B eCommerce realm, and for many, the online marketplace operates in lieu of a procurement solution. Yet in the B2B realm, there are some unique challenges. Visibility And Security.

B2B 94

B2B eCommerce Prioritization Securities 94

PYMNTS

OCTOBER 9, 2020

Reichel said that since so much B2B interaction is now online, that’s opened the door for criminals to intercept emails and then impersonate legitimate executives and vendors. They then dupe back offices with requests to transfer funds to a new account. What B2B Firms Can Do.

B2B 116

B2B Healthcare Securities Technology 116

PYMNTS

DECEMBER 13, 2020

Orlando, Florida-based B2B Payments-as-a-Service (PaaS) platform Finexio is expanding its reach in the enterprise resource planning (ERP) software space and will now be available on Microsoft AppSource via a direct integration for Microsoft Dynamics users, according to a press release.

B2B 97

B2B Accounts Payable Accounting Finance 97