PYMNTS

APRIL 22, 2016

The venture capital world lit up last week with reports that B2B tech startups are now seeing increased funding, raising money at a faster pace than B2C startups. In the biggest B2B venture capital story of the week, some of the brightest names in banking lent their support to B2B digital payments firm Transactis. Invoice Finance .

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B2B Banking B2C Invoicing 40

PYMNTS

FEBRUARY 6, 2019

Coverage includes Deposit Solutions ’ rollout of business-to-consumer (B2C) open banking channel Savedo in Switzerland. Open banking platform Deposit Solutions has brought business-to-consumer (B2C) open banking channel Savedo to Switzerland, the company said in an announcement.

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B2C Retail Accounts Payable Invoicing 43

PYMNTS

DECEMBER 31, 2019

Paper-based payment methods such as checks and cash are awkward and cumbersome in either business-to-business (B2B) or business-to-consumer (B2C) transactions. Such legacy payment methods are usually tied to paper-based invoices and manual tracking and reconciliation procedures, which impede payments from being processed in a timely manner.

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Accounts Payable Invoicing B2B B2C 61

PYMNTS

DECEMBER 17, 2019

PYMNTS research has also documented the building B2B personalization trend — specifically, via payments, which are becoming ever more digital in the B2B world, mirroring trends from the business-to-consumer (B2C) side of things. APIs are also helping banks better serve corporate clients.

B2B 54

B2B B2C SAP eCommerce 54

PYMNTS

DECEMBER 17, 2019

PYMNTS research has also documented the building B2B personalization trend — specifically, via payments, which are becoming ever more digital in the B2B world, mirroring trends from the business-to-consumer (B2C) side of things. APIs are also helping banks better serve corporate clients.

B2B 53

B2B B2C SAP eCommerce 53

PYMNTS

FEBRUARY 1, 2021

It’s not that automating invoice generation, banishing checks, automating the cash application process and systematically removing all the manual touches from accounts payable (AP) and accounts receivable (AR) workflows weren’t unknown concepts among chief financial officers (CFOs) and treasury departments at the time. “The he explained.

B2B 94

B2B Treasury Accounts Payable Cash Management 94

PYMNTS

DECEMBER 28, 2020

Yet the current trade credit landscape comes with significant challenges, especially for the supplier, with Floate pointing to the requirement for vendors to take on the financial risk until after an invoice is actually paid. New Payment Models Emerging.

B2B 81

B2B Invoicing B2C Reconciliations 81

PYMNTS

MAY 6, 2019

Customers, on the other hand, need to be assured that their PII, such as credit card or bank account numbers, will remain safe. . The movement of money is initiated when the merchant’s bank requests to “pull” money out of the customer’s account and place it into the merchant’s. B2C push payments can deliver quick funds to consumers.

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B2C Reconciliations Invoicing Securities 44

PYMNTS

FEBRUARY 19, 2018

The processes are rife with complexities and are also far-flung, the executive explained, ranging from capturing the right data for a payment to ensuring they are sent to the remote bank in a timely manner. In addition, “True adoption of electronic invoicing is heavily driven by cost savings on the buyer’s side,” he said.

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Invoicing B2C B2B Valuation 40

PYMNTS

JUNE 20, 2019

This isn’t merely an issue for the B2C world, however. In accounts payable and accounts receivable, rising fraud mitigation efforts may also lead to more false positives, leading to declined commercial card transactions, misplaced suspicion between buyers and suppliers, delays in invoice processing and more.

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B2B Accounts Payable Invoicing B2C 73

PYMNTS

JULY 16, 2020

Force-fitting a B2C-based eCommerce platform for a B2B sales context can mean a lack of payments features corporates need, like the ability to facilitate check transactions and establish custom payment terms. . Payments workflows are a particularly large hurdle in this space. ”

B2B 59

B2B eCommerce B2C Accounts Payable 59

PYMNTS

NOVEMBER 19, 2020

But onboarding isn't just about obtaining bank account or payment details of a potential buyer. Credit scoring a new customer provides visibility into the probability that the buyer will actually pay an invoice upon receipt of goods or services. That's one thing where B2C selling merchants can learn from B2B selling merchants.

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B2B eCommerce B2C Prioritization 105

PYMNTS

JANUARY 25, 2019

In terms of payments technology and alternative lending, B2C and B2B may be respectively seen as digital versions of the hare and tortoise. This is a major gap in a market that is three times the size of B2C,” he told Webster. Forrester Research found that, in the U.S. alone, B2B eCommerce transactions will reach $1.2

B2B 63

B2B B2C Credit Risk Finance 63

PYMNTS

NOVEMBER 7, 2018

In an effort to digitize B2B payments, the Spanish government, for one, recently released an online platform that enables government contractors to electronically submit invoices for their work. It’s not just banks and governments that are changing business models — even the gig economy is shifting its standard practices.

B2C 63

B2C B2B Invoicing Communication 63

PYMNTS

JUNE 18, 2019

to fully embrace real-time payments for both B2B and B2C activity.”. Banks that roll out the same type of functionality to their corporate clients will have a clear competitive advantage in the corporate realm. “ When payment is made, she noted, billers have to find ways to match the payment to the actual invoice.

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B2B B2C Banking Invoicing 78

PYMNTS

OCTOBER 28, 2016

“But when you think about this idea that you would borrow a dollar and turn around and lend that exact same dollar to your customer for free — which is what an invoice is — doesn’t makes sense to me,” Hodgson continued. “And the minute they elect to use a credit card, their obligation is now to the issuing bank.

B2B 71

B2B Invoicing Finance B2C 71

PYMNTS

JANUARY 10, 2019

B2C disbursements account for more than 3.5 As of May 2018, over 85,297,000 million taxpayers have received faster federal tax refunds via direct bank deposits into bank accounts through electronic bank transfers. Further evidence of that comes from the new PYMNTS Disbursements Tracker. billion payments valued at $10.7

B2C 48

B2C Invoicing Banking Accounting 48

PYMNTS

AUGUST 24, 2018

challenger bank Tide raised $10.25 Tide focuses on small and medium-sized businesses, providing banking and payment products in addition to invoice and bookkeeping solutions as it competes with larger, traditional financial institutions. million this week with fundraising led by Augmentum Fintech. OfBusiness.

B2B 40

B2B Finance Accounts Payable B2C 40

PYMNTS

JUNE 25, 2019

The firms said in a release that the B2B buyers can complete an online application, and business data is provided through credit scores or bank accounts. trillion locked up in outstanding invoices reflects the less-than-optimal workings of a model that has been around for several decades. Fixing What’s Broken.

B2B 54

B2B B2C Invoicing Finance 54

PYMNTS

JULY 10, 2019

To get around that, GoCardless has created a global bank debit network, which enables recurring payments without the friction associated with credit cards and other payment methods. Users actually want to use direct debit or bank credit,” Sood said. Invoicing is one of our core payment use cases,” he said. “We

B2B 46

B2B B2C Invoicing Entertainment 46

PYMNTS

NOVEMBER 6, 2019

SaaS providers must understand each market’s cultural differences, tax considerations and preferred payment methods, according to Rob Charlebois, executive vice president of global eCommerce and digital marketing for Corel , a B2B and B2C graphics and word processing software subscription company. .

Marketing 40

Marketing B2C Currencies eCommerce 40

PYMNTS

DECEMBER 6, 2019

For Eyal Shinar, CEO of Fundbox , understanding the burden that cash-flow bottlenecks and delayed invoice payments have on B2B companies came through personal experience. After all, businesses are run by humans, and even Shinar admitted he still uses the same banking provider because change can be a burden.

B2B 53

B2B Invoicing B2C Economics 53

PYMNTS

NOVEMBER 22, 2016

“Smartphone adoption has grown much more rapidly than general banking and card adoption in the Asia-Pacific region,” said ICD Asia-Pacific Associate Research Director of AP Connected Consumer Marketplaces Shiv Putcha last year when IDC released its mobile payments forecast. Earlier this month, MC Payment said it raised $3.5

B2B 65

B2B B2C Vendor Management Reconciliations 65

PYMNTS

JANUARY 15, 2021

The $10 million recently raised for Indonesia-based BukuKas will help the small business Software-as-a-Service company expand its product offering with an ultimate goal of launching a small business digital bank. Sequoia Capital India led the Series A investment, TechCrunch reported.

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B2B Finance Treasury B2C 67

PYMNTS

MAY 2, 2019

For example, the payer company may have a convoluted invoice approval process to complete before it can compensate its small business (SMB) supplier. Additionally, an account-to-account transaction can become seriously derailed by an error like an incorrect bank account number. Payment speed can be dragged down in many ways.

B2C 40

B2C Invoicing Securities Banking 40

PYMNTS

SEPTEMBER 18, 2020

Disque said instant payments are seeing big growth in areas like payroll and other B2C applications, but have yet to make a big impact in B2B transactions. For example, he’s seeing banks launch more real-time payment initiatives. But he has no doubt they’ll get there some day, with progress already happening.

B2B 52

B2B Valuation B2C Invoicing 52

PYMNTS

MAY 27, 2020

Banks, FinTechs and small business solution providers have rallied around the effort to ease the digitization transition. One strategic way of accomplishing this, explained Melnikovs, is to marry payment acceptance with eInvoicing, a function that he said often benefits the B2B commerce space even more than B2C.

B2B 71

B2B B2C Reconciliations eCommerce 71

PYMNTS

FEBRUARY 16, 2018

The company is entering a competitive market but is positioning itself as a hybrid lender targeting middle-market companies that it says are underserved by banks and even the AltFin space. Nicknamed NepFin, Neptune Financial recently announced $10 million in Series A funding for its alternative lending solution. Corporate Travel.

B2B 49

B2B Accounts Payable B2C Invoicing 49

PYMNTS

SEPTEMBER 12, 2016

One way, he offered, is the use of account updater services provided by the card brand, which take lost or stolen cards, subsequently replaced by the issuing bank, and makes them available to accredited service providers. In the end, said Burkhart, the checkout experience is a constantly evolving one.

B2C 71

B2C Invoicing B2B eCommerce 71

PYMNTS

NOVEMBER 20, 2017

Inefficiencies related to the speed of transfer and settlement, the transparency of how money is moved, how much it costs to move it and the inconsistent or incomplete data that moves (or doesn’t move) along with it are just some of the B2B cross-border challenges that banks and their customers are facing, day in and day out.

B2B 52

B2B Accounts Payable B2C Leverage 52

PYMNTS

DECEMBER 26, 2019

In other words, AR innovations have to keep in mind the businesses receiving those invoices and making payments on their AP sides of transactions as well. Harnessing scale will also become increasingly important for the future of B2B and B2C payments innovation, in the context of remittance payouts and beyond.

Accounting 53

Accounting B2B Accounts Payable B2C 53

PYMNTS

AUGUST 15, 2018

However, accounts payable (AP) service providers have more on their plate than simply making it easier for companies to pay their invoices digitally. “Even the banks are opening up their APIs. ” This poses a challenge for B2B payments and AP innovators, left without a blueprint from the B2C world on how to innovate.

B2B 40

B2B Accounts Payable B2C Reconciliations 40

PYMNTS

APRIL 1, 2016

Offerings from FIs, like mobile banking and electronic payment support, can help encourage businesses to make the shift to ePayments, the executive said, but legacy payment technologies also need to be addressed. Bank, for instance, has just rolled out the small business version of its mobile app to facilitate mobile deposit of checks.

B2B 41

B2B Accounts Payable B2C Banking 41

PYMNTS

NOVEMBER 26, 2019

In many, if not most, business-to-consumer (B2C) payment contexts — insurance and payroll, for example — regulatory structures govern exactly when a payment has to arrive. Or where an SMB can choose on an invoice whether they want to be paid 100 percent in 30 days, or 98 percent right now.

B2C 68

B2C Securities Risk Management Invoicing 68

PYMNTS

MAY 26, 2017

With the second-largest funding of the week, Billtrust landed $50 million for its invoice-to-cash and accounts receivable management solutions. Intel, Bank of America, Wells Fargo and others have invested a collected $107 million in the consortium, reports said this week. Take a look at the investment breakdown below. Blockchain.

B2B 49

B2B B2C Investments Healthcare 49

PYMNTS

JUNE 22, 2016

As for the wary relationship between FinTech and traditional banking, Williams noted that even the most upstart startup “needs access to the payments system” as provided by FIs and the newer firms “ultimately must figure out how to be indispensable with emerging tech,” as banks and FinTech “need each other.”. Consumerization.

B2B 40

B2B B2C Communication Banking 40

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. For this and other reasons, many favor making payments via a Brazilian Federation of Banks-regulated domestic system called Boleto Bancário. The Challenges of Providing Boleto Bancário.

Advertising 40

Advertising Invoicing Currencies Accounting 40