PYMNTS

SEPTEMBER 8, 2020

In this week's B2B Data Digest, PYMNTS looks at some of those numbers, finding cybercriminals both within and outside of the enterprise don't discriminate across borders as attacks hit companies in New Zealand, the U.K. 1 million was stolen from the City of Industry via invoice fraud, claims officials in the California city.

Invoicing 69

Invoicing B2B Communication Accounting 69

PYMNTS

SEPTEMBER 18, 2020

But getting funds settled more quickly into their accounts can make all the difference in giving them the cash cushions they need to expand, weather economic shocks and even get their suppliers paid in a timely manner.

Sales 141

Sales Prioritization eCommerce Invoicing 141

PYMNTS

NOVEMBER 17, 2020

The number of real-time payments has risen dramatically in recent years, and APP fraud has grown alongside it. They can use fraudulent invoices to scam unsuspecting businesses and consumers or hijack legitimate email correspondence during property transactions to divert funds into the bank accounts of their choosing, for example.

Leverage 89

Leverage Accounting Securities eCommerce 89

PYMNTS

JANUARY 14, 2021

Today in B2B payments, Citi announces its news Treasury and Trade Solutions (TTS) head, while Rho lands new funding and adds accounts payable to its business banking technology. Plus, Medius collaborates on invoice management, TravelPerk acquires NexTravel, and Sweep lands funding for T&E tools. 13) announcement. Sweep Raises $1.2

B2B 56

B2B Accounts Payable Banking Invoicing 56

PYMNTS

SEPTEMBER 17, 2020

In an interview with PYMNTS, Mike Vaughn , senior vice president of operations at eCommerce and financial services platform MerchantE , said merchants must adapt, or risk losing business. The pandemic has reshaped how we interact with merchants — and what we expect, as customers, from those increasingly digital interactions.

Invoicing 101

Invoicing Leverage eCommerce Accounting 101

PYMNTS

SEPTEMBER 27, 2020

Lightyear intends to work toward acquiring software and payments companies, which the release calls “a highly fragmented market” that has a large number of smaller providers. According to the press release, the addressable market for payments solutions is around $1.4 billion for the legal vertical alone. “We

Practice Management 64

Practice Management B2B Invoicing Accounting Firms 64

PYMNTS

MARCH 4, 2020

The value of the technology is evidenced by the vast number of APIs that businesses use and consume. Banking services and money transfer app Revolut recently partnered with an open banking API provider to provide new services to account holders, for example. Other banking integrations seek to revamp B2B payments.

Treasury 96

Treasury B2B Cash Management Leverage 96

PYMNTS

MAY 10, 2018

The company announced news on Wednesday (May 9) that it is launching its Payment Account Tokenization solution to combat fraud in direct credit, direct debit and person-to-person (P2P) payments. Digital has paved the way for fast and easy payment experiences, prompting a rise in account-based transactions,” McKee said.

Invoicing 43

Invoicing Securities Accounting eCommerce 43

PYMNTS

JULY 5, 2018

Scandinavia has a thing for invoice-based payment programs. As digital technology keeps bringing new efficiencies to transactions, and more consumers around the world turn to eCommerce for retail and other purchases, an accompanying trend is making life interesting for merchants and payment providers. The numbers back that up.

Retail 43

Retail eCommerce Invoicing Prioritization 43

PYMNTS

AUGUST 27, 2019

In a PYMNTS video interview with Karen Webster, Andrea Gilman, senior vice president of product management, new payments at Mastercard , said that headline number shows increasing awareness on the part of organizations large and small of ePayables as a viable option as they seek to cut their reliance on cutting checks.

Invoicing 65

Invoicing B2B Securities Numbers 65

PYMNTS

JULY 24, 2019

If the last mile of eCommerce lies with logistics — getting goods where they need to go — the “last mile” in digitizing payments processes may lie within payments automation. It’s a process mired in paper checks and invoices, and thus mired in inefficiency. Clearing the Hurdle.

Accounts Payable 57

Accounts Payable B2B Invoicing eCommerce 57

PYMNTS

APRIL 6, 2018

The proliferation of eCommerce makes it difficult to believe that any business would be operating without a website in today’s market. Separate estimates from PipeCandy pinpointed the number of eCommerce companies around the world at between 2 million and 3 million — and that’s excluding the massive eCommerce market of China.

B2B 40

B2B Invoicing eCommerce Finance 40

PYMNTS

JULY 7, 2017

What began as a B2B eCommerce portal for construction tools and supplies is now changing, thanks to market shifts in India. B2B eCommerce. Invoice Finance. based Previse deploys artificial intelligence to determine how likely it is a company will pay its supplier invoice. Across India, Australia, France and the U.K.,

Banking 40

Banking Invoicing B2B Manufacturing 40

PYMNTS

JANUARY 25, 2019

Consumers are used to having any number of payment options on offer when they’re ready to push a buy button onscreen, at any time of day. Fundbox noted that the opportunity within eCommerce is sizable. alone, B2B eCommerce transactions will reach $1.2 trillion within two years, and will account for 13 percent of all U.S.

B2B 63

B2B B2C Credit Risk Finance 63

PYMNTS

JANUARY 3, 2020

The limited information about Neon was shared on the Twitter account of Samsung and includes an “Artificial Human” teaser in several languages with the tagline “Have you met an ‘artificial’?”. PayPal is turning to Latin America to bolster its position in the eCommerce payments as well as remittance spaces. Trackers and Reports.

Education 43

Education Invoicing B2B eCommerce 43

PYMNTS

MAY 22, 2020

There was a nearly 20 percent drop in the number of deals solidified in the quarter, too. While enabling SMBs to navigate the pandemic’s cash flow constraints through access to funds is key, investors showed interest in a variety of financing options, from invoice financing to trade finance to commercial credit cards.

Finance 56

Finance B2B Startups Invoicing 56

PYMNTS

JUNE 14, 2019

We’re excited to be working on this project with Opporty, and to move forward on a number of other ambitious projects with them as well.”. The report comes as news surfaced in April that bitcoin, via the lightning network, would soon be available as an option to pay on Amazon as well as other eCommerce sites.

Technology 43

Technology Currencies Invoicing B2B 43

PYMNTS

APRIL 3, 2019

It may seem that cross-border payments were in the … well … crosshairs this past week, with a number of country-by-country and company-by-company initiatives using blockchain and other methods to speed payments and lower fees. During the second quarter, the company will enable payments to more than 14 countries spanning the U.S.,

Accounts Payable 92

Accounts Payable B2B Invoicing Banking 92

PYMNTS

FEBRUARY 28, 2019

In terms of headline numbers, the payments processing firm reported adjusted revenues of $464 million, up 64 percent year on year, while the Street had looked for $454 million. Digging into the numbers a bit, GPV was up 28 percent in Q4 to $23 billion. Earnings on an adjusted basis were $0.14 per share, which matched the Street.

Invoicing 68

Invoicing CFO Numbers Sales 68

PYMNTS

DECEMBER 31, 2020

The effects are most immediately felt by the travel and hospitality verticals, along with a number of eCommerce segments. Of all the many weaknesses revealed by the global pandemic, the number of households living paycheck to paycheck with no savings whatsoever would have to be high on the list. These are not easy issues.”.

Healthcare 115

Healthcare B2B Foreign Exchange Treasury 115

PYMNTS

DECEMBER 5, 2019

trillion, accounts for an estimated 11 percent of the national gross domestic product (GDP). Among the new solutions helping manufacturers, distributors and buyers to keep their cash-flow operations running smoothly is Credit-as-a-Service (CaaS), providing lines of credit and automated accounts receivable (AR) processes to users.

Manufacturing 52

Manufacturing Invoicing Accounting Finance 52

PYMNTS

NOVEMBER 2, 2018

According to Forrester Research, cross-border shopping will make up 20 percent of eCommerce by 2022, with sales valued at $630 billion. billion people ) joining the eCommerce world is not an option because they lack a bank account, mobile money account or access to a credit card that can used to make purchases on eCommerce sites.

B2B 49

B2B Foreign Exchange eCommerce Currencies 49

PYMNTS

APRIL 16, 2020

This will significantly impact not just livelihoods but also the number of partners with which companies can work. Public Safety Measures Spur eCommerce. Demand in eCommerce is ramping up, however, with a Feb. Older consumers are particularly vulnerable to COVID-19, and many have not adopted eCommerce purchasing.

Manufacturing 52

Manufacturing B2B eCommerce Retail 52

PYMNTS

NOVEMBER 7, 2019

More than 25 percent of Brazilians lack bank accounts, and only 20 percent carry credit cards that can be used for international purchases. Those who use this method receive invoice-like tickets – “boletos” – for transactions, and can either pay for tickets online or bring printouts to locations where they can use cash.

Advertising 40

Advertising Invoicing Currencies Accounting 40

PYMNTS

SEPTEMBER 7, 2016

The plan, which still must be approved by a Manhattan bankruptcy judge, will see Aéropostale survive as a 229-store chain, along with an eCommerce site and an international licensing business. It’s also a good time to be Amazon or just Amazon owner Jeff Bezos, as shares of the eCommerce giant hit an all-time high in trading on Tuesday (Sept.

Sales 40

Sales Retail Invoicing eCommerce 40

PYMNTS

DECEMBER 4, 2019

That is especially true against a backdrop where firms logging annual revenues of $500,000 to $10 million and micro firms (with sales below $500,000) number 5.75 These smaller firms, as a group, account for the vast majority of companies in the U.S., It’s the days, weeks or months between invoicing and settlement that matter. (As

Sales 66

Sales Construction Invoicing Accounting 66

PYMNTS

FEBRUARY 19, 2018

You could call accounts payable (AP) the last mile of payments in a way. And, as those same companies bring business and currency across borders, their supply chains lengthen and transactions transverse currencies, languages and any number of regulatory hurdles. Or perhaps AP stands for the last mile of automated processes?

Auditing 51

Auditing Accounts Payable Currencies Accounting 51

PYMNTS

DECEMBER 30, 2016

The globalization of B2B transactions is therefore a trend that will only continue to increase as eCommerce technology advances.”. trillion by 2020, and eCommerce in India will grow 67 percent into a $38 billion market — a tenfold growth since 2009. Third, B2B payments in developing markets will outpace mature markets.”.

B2B 50

B2B Reconciliations eCommerce Banking 50

PYMNTS

JULY 1, 2016

The alternative bank diverges from other alternative lending players, however, as it operates physical branches in India; reports said the firm has 67 branches, and it will look to expand that number up to 250 by 2019. SME Accounting. Metropolitan Equity Partners placed a solid $20 million in the U.S. The firm announced a $3.8

Startups 40

Startups B2B Finance Investments 40

PYMNTS

DECEMBER 8, 2017

And, added Webster, there is nothing more unsettling than money leaving a gap in an account and wondering if it ever got to the other side. Nuance matters, and careful eyes can spot names misspelled on innocent-looking invoices that are, in fact, phishing scams , or where codes and bank account numbers have been changed.

B2B 44

B2B Invoicing Compliance Technology 44

PYMNTS

DECEMBER 13, 2017

No need for a seller to generate an invoice, no need for a buyer to have to initiate a PO. Fiverr’s eCommerce-based catalogue approach eliminates multiple steps and gets to a done deal in just a matter of a few clicks. At that point, the checkout process happens just like it would for any other eCommerce product.

Healthcare 41

Healthcare eCommerce Advertising Education 41

PYMNTS

MAY 8, 2018

There can be a bit of a tug of war between accounts payable and accounts receivable — or, more accurately, buyers and sellers — and cash in and cash out. The reason lies with a new invoicing setup that some feel may pressure the “cash in” part of the cash flow equation. percent of the invoice cost.

Invoicing 40

Invoicing B2B Accounts Payable Sales 40

PYMNTS

FEBRUARY 19, 2018

The newest PYMNTS eBook is full of expert insight into the future of B2B payments, from commercial cards to accounts receivable. This week’s B2B Data Digest pulls some of the highlights from that eBook and serves up the numbers behind the forecasts. — $20 trillion: the expected valuation of the B2B payments market.

Forecasting 40

Forecasting Numbers B2C B2B 40

PYMNTS

JANUARY 19, 2021

Olivier Schott , co-founder of Scalefast , told PYMNTS that many firms pivoting to eCommerce channels may not have the resources on hand to meet those challenges. When you have local bank accounts, you can have local acquire, which will increase your acceptance rate,” Schott said.

eCommerce 128

eCommerce Compliance Invoicing Retail 128

PYMNTS

DECEMBER 1, 2020

In the EU for example, credit usage accounts for about 39 percent of all point-of-sale value. In Asia, China has grown its overall use of cashless transactions by more than 105 percent , while Japan has grown that number by less than 10 percent. Paidy 3-Pay was launched partially as a reaction to an uptick in Japanese eCommerce usage.

eCommerce 67

eCommerce Invoicing Sales Planning 67

PYMNTS

MAY 6, 2019

The interview comes at a time when financial institutions (FIs), payment service providers and eCommerce operators are putting more focus and money into building infrastructures for real-time payments — and as regulators and consumers are coming to better understand the appeal and need for such services. Credit Cards. The Role Of Trust.

eCommerce 80

eCommerce B2B Invoicing Accounting 80

The Finance Weekly

SEPTEMBER 23, 2021

Accounting and finance specialists have been battling new obstacles for the past year. Automated Accounting. It's time to say goodbye to old-school accounting techniques and say hello to automation in 2021. Accounting software can automate the process of sending invoices, calculating taxes, and preparing financial statements.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Profit and Loss Invoicing Forecasting 52