PYMNTS

MAY 7, 2020

Risk management and payment technology provider linked2pay has debuted a new service, CustomerConnect, that is intended to cut down on late invoice payments, according to a press release. A total of 52 percent of invoices issued in the U.S. A total of 52 percent of invoices issued in the U.S.

Invoicing

PYMNTS

JUNE 1, 2020

invoice insurance provider Nimbla is teaming up with the credit risk assessment firm Wiserfunding , according to a report in Crowdfund Insider on Friday (May 29). s SMEs if they combine the various innovations from the FinTech space, insurance and risk management sectors.”.

Invoicing

PYMNTS

OCTOBER 14, 2019

Finnish invoicing company Enterpay announced that it has closed a €1 million ($1.1 Headquartered in Helsinki, Enterpay’s automated invoicing payment solution works to optimize the payment process for B2B eCommerce companies, allowing them to increase profitable customers via improved credit scoring and automated invoicing.

Invoicing

PYMNTS

DECEMBER 21, 2020

While the B2B payments category was not the subject of its initial announcement, partner Lance Fenton told PYMNTS that he sees tremendous opportunity in the sector. One of the best things about B2B payments is it can work across verticals. Fenton said Serent has an advantage in understanding the healthcare vertical.

B2B

PYMNTS

SEPTEMBER 30, 2016

B2B startups saw a little bit of everything this week when it came to venture capital. And that goes for the industries covered, too, with treasury management’s Kyriba, blockchain’s BlockApps and enterprise security’s Druva landing on the board, to name a few. Expense Management. Enterprise Security.

B2B

PYMNTS

JULY 10, 2019

Some of the biggest industry trends, including faster payments, open banking and bank-FinTech collaboration, have found their ways into the Canadian market, the B2B payments space is not immune to disruption from these shifts. Such visibility enables real-time analysis of risk exposures for more agile FX hedging and risk management.

B2B

PYMNTS

FEBRUARY 8, 2019

Growth of FinTech funding seems unstoppable, with the latest analysis from Hampleton Partners finding enterprise financial services and integration, online financial services, enterprise financial software and Software-as-a-Service (SaaS) risk management as some of the hottest spots for investors this year.

B2B

PYMNTS

JULY 27, 2020

There will be new automated spend controls, barring purchases that exceed the negotiated contract value, letting contracts, invoices and other payments be paused; and there will be better, more accurate shipment tracking for smaller businesses that mirrors that which larger businesses have access to.

Risk Management

PYMNTS

JUNE 23, 2017

The companies said Thursday (June 22) that they are partnering to enhance credit risk solutions for lenders, with LexisNexis now integrating Cortera data into its Risk Solutions platform.

B2B

PYMNTS

DECEMBER 20, 2017

Along with its parent company, Cambridge Global Payments, Global Exchange is introducing Invoice Automation Solutions, a new service for businesses across industries that will be added into the Cambridge Global Payments offering.

Invoicing

PYMNTS

DECEMBER 12, 2019

There is as yet no Venmo or Zelle for the $38 trillion global business-to-business (B2B) payments sector. Contrast that with the fact that well over 40 percent of B2B invoices are still paid by paper check. Out with the Old.

B2B

PYMNTS

SEPTEMBER 27, 2019

A summer lull in B2B venture capital appears to have given way to an impressive start to the fall season. This week, two massive deals landed with B2B payments innovators at Fundbox and Tipalti, but they were far from the only players to have secured new funding. Engage:BDR.

B2B

PYMNTS

DECEMBER 14, 2018

B2B startups are increasingly building themselves on top of troves of enterprise data, uncovering new ways to unlock and aggregate information across enterprise platforms, and introducing new ways to analyze and make use of that data. million was raised by B2B startups tearing down data silos. In all, more than $87.8 Access Fintech.

B2B

PYMNTS

OCTOBER 5, 2016

In a statement announcing the collaboration, MineralTree CEO BC Krishna said their joint venture will help companies not only pay suppliers the way they want to pay but support invoice, cash flow and risk management. “The vast majority of B2B suppliers don’t accept cards.”

Accounts Payable

PYMNTS

MARCH 5, 2019

WorldFirst is looking to expand its B2B payments position through an acquisition of CurrencyVue, the company said on Monday (March 4). CurrencyVue offers a foreign exchange risk management platform that integrates with companies’ existing ERP and accounting systems.

B2B

PYMNTS

OCTOBER 25, 2019

Yet, small business (SMB) banking wasn’t the only highlight of this week’s B2B venture capital roundup, with the two largest fundraises showcasing China’s rising B2B FinTech ecosystem in areas like expense management and invoicing. Fairmarkit. challenger bank Starling Bank has announced $38.7

B2B

PYMNTS

SEPTEMBER 3, 2020

When it comes to B2B payments and supply chain management , many of those opportunities have surfaced as a result of some troubling vulnerabilities that have come to light in the midst of the pandemic. Key to the success of AR automation, however, is a strategy that "engages clients in order to collect their overdue invoices."

Accounts Payable

PYMNTS

JULY 10, 2019

FLEETCOR -owned Cambridge Global Payments has announced the launch of its Invoice Automation Solution. The service automatically extracts data from invoices, PDFs and other trade documents and automates accounts payable while storing payables information for reconciliation and accounting.

Foreign Exchange

Future CFO

NOVEMBER 7, 2023

One illustration of this is a 6% overall drop in Asian businesses B2B trading on credit over the past year with variations in different markets, the trade credit insurer pointed out. Taiwan and Singapore saw significant drops, while China and Vietnam experienced an increase in B2B sales on credit, the firm added.

B2B

PYMNTS

OCTOBER 1, 2020

The tie-up is the newest of many strategic FinTech partnerships Barclays has announced in recent times, with MarketFinance providing invoicing financing products and Nimbla providing invoice insurance. “[SMBs] are the lifeblood of the U.K. Wells Fargo & Envestnet.

Finance

PYMNTS

SEPTEMBER 14, 2018

based B2B FinTech is making its debut on the market, with late supplier payments at the center of its initiatives. 13) introducing Solna’s strategy to address cash flow management struggles resulting from late supplier payments. Its invoicing solution also lets businesses chase down unpaid bills. later this year.

Invoicing

PYMNTS

JUNE 6, 2018

It’s not enough to be very good at one element of the business – firms have to be good at operational functions, risk management, capital management, compliance and productto keep from being dragged down by bad loan performance. Blue Vine’s only other product, invoice factoring, touch businesses much larger.

Invoicing

PYMNTS

SEPTEMBER 20, 2018

Research published last year from the International Factoring Association (IFA) pointed to the trucking and freight industry as the market that uses invoice factoring solutions more than any other. Invoices submitted for financing by freight factoring firms account for more than one third of all invoices processed for funding, the IFA said.

Accounting

PYMNTS

APRIL 21, 2016

A cross-border payments company and an accounts payable solutions provider have joined forces, meshing their tools together to ease friction in global B2B payments. Together, the companies said they will look to digitize cross-border B2B payments.

Accounts Payable

PYMNTS

JUNE 18, 2018

It stands as one of the top pain points in B2B payments , a place of uncertainty and anxiety, a spot where a late or ignored payment can fatally wound a business: the collection of money owed on outstanding invoices. In some ways, the difficulties can increase when a company tries to do risk management in real time.

Invoicing

PYMNTS

OCTOBER 30, 2020

It's one of the biggest blind spots in supply chain risk management, said Allis. The risk score ranges from 1-100 and considers 800 variables to understand how likely it is that a supplier may go bankrupt or default on existing obligations like loan or invoice payments. "It I need to be proactive there,'" said Allis.

Risk Management

PYMNTS

SEPTEMBER 27, 2017

Yet even when a supplier is waiting on an invoice to be paid, that business still has to pay its own bills. King noted that about half of invoices in the U.K. are paid late, and it takes an average of 72 days for one invoice to be paid. The executive added that he feels it is unlikely the B2B late payments culture of the U.K.

Cash Flow Forecasting

PYMNTS

SEPTEMBER 13, 2018

Other inefficiencies abound: Transactions are done in cash or by check, and invoices are lost in the mail. Time for B2B to enter the digital age, for data to be entered once (and for all!) Writ large, the B2B space is staggering in its size: Worth as much as $120 trillion, according to oft-repeated industry figures.

B2B

PYMNTS

DECEMBER 15, 2017

This week, alternative finance companies raised more than $77 million in venture capital funding, accounting for nearly 70 percent of total funds raised by B2B FinTech startups this week. Reports in TechCrunch said the company targets smaller businesses, including sole contractors and freelancers, with its invoice financing service.

Finance

PYMNTS

MAY 7, 2020

In times of volatility, corporates and their business partners must collaborate to find common ground and ensure that cash continues to flow favorably for both sides of a B2B transaction. Argos Risk, Gatekeeper Enable Third-Party Management. The ultimate B2B payment is really a virtual card,” he said.

Accounts Payable

PYMNTS

MAY 21, 2020

Aegean Baltic Bank of Greece announced late last week that it will implement risk management technology from Wolters Kluwer. According to the bank, Wolters Kluwer’s OmeSumX for Regulatory Reporting and its OneSum X for Risk Management solutions will enable the FI to promote compliance with Basel IV and CRD V requirements.

Banking

PYMNTS

JULY 15, 2019

Drilling down a bit, in terms of mechanics, the joint offering will also provide OpenText business network customers — where payment commerce is more than $9 trillion annually across its Supplier Portal and the OpenText IoT platform — the ability to access “spot” financing through the Mastercard Track B2B global trade enablement platform.

Risk Analysis

PYMNTS

MARCH 6, 2019

Furthermore, he noted that workflow might be streamlined across some use cases, and can be automated — such as with generating a SWIFT international transfer, calculating accrued interest, generating invoices for a loan payment, and submitting to the systems of record to ensure accuracy and reconciled data.

Treasury

PYMNTS

MARCH 20, 2020

“Early warning indicators and data validation from multiple sources provide an opportunity for lenders to create a positive dialogue where they both manage their position between and improve customer experiences.” ” The U.S.’s ’s Open Banking Path.

Banking

PYMNTS

FEBRUARY 6, 2019

SMBs can receive protection in case their corporate customers become insolvent or file for bankruptcy, or are unable to pay their invoices, according to Waldorf Trade Risk. Insuring against the risk of non-payment of outstanding invoices can support small businesses’ access to financing, the company noted.

Foreign Exchange

PYMNTS

MARCH 5, 2018

Business-to-business (B2B) trade, especially when deals occur across borders, expose businesses to all sorts of risks, like non-payment (on the supplier’s side), or non-deliver (on the buyer’s side). Research from Atradius released in 2016 found that risks down the supply chain are 75 percent higher than they were pre-financial crisis.

B2B

PYMNTS

MAY 2, 2016

This week’s B2B Data Digest is all about risk — though, not always in the traditional sense. For instance, there’s the risk of a cyberattack. Finally, there is new analysis on the risks tied to the buyer-supplier relationship, but this time, the risk is felt on the supplier side. That value represents a 23.5

Invoicing