PYMNTS

JANUARY 8, 2020

Yet, as Tony Horling, founder and CEO of InTu Mobility , recently told PYMNTS, mPOS technologies designed for business-to-consumer (B2C) payments won’t cut it for multibillion-dollar enterprises that need to accept B2B payments in the field. Benefits For Payers.

B2B 56

B2B B2C Technology Accounting 56

PYMNTS

JULY 10, 2020

And while payments tools indeed must be wary of the complex and ever-changing compliance requirements unique to the cannabis market, there is opportunity, he said, for the marijuana sector to eventually become a powerful influencer over other industries’ adoption of solutions like optimized B2B payment tools.

B2B 84

B2B Compliance B2C Banking 84

PYMNTS

JANUARY 14, 2021

For diamond buyers, it is imperative that suppliers can prove the quality of an item and verify that it has been obtained in compliance with international laws and standards related to everything from quality controls to human rights protections. For example, this industry is particularly susceptible to fraud and other supply chain risks.

B2B 81

B2B eCommerce B2C Problem Solving 81

PYMNTS

SEPTEMBER 18, 2020

The company noted that the solution can be applied across a broad range of payments use-cases, including B2B and business-to-consumer (B2C) transactions. VSoft wields its existing banking relationships to use traditional rails to move funds, yet without a middleman from one bank to another.

B2C 116

B2C B2B Compliance Banking 116

Bramasol

MARCH 4, 2022

In recent years, XaaS has proliferated into an ever-widening range of B2B and B2C business models across the Digital Solutions Economy. As shown below, these include Customer Engagement, Order Creation & Management, Delivery & Fulfillment, Billing & Invoicing, Payments & Collections, and Revenue Compliance.

SAP 96

SAP B2C Manufacturing Treasury 96

PYMNTS

JANUARY 18, 2019

Unlike B2C eCommerce, B2B transactions require heightened visibility within supply chains — the ability to move large sums of money at set times, generation and management of invoices, purchase orders, payment contracts and more. Betting On Blockchain. For Inxeption, one of the most promising innovations to achieve this leap is blockchain.

B2B 78

B2B eCommerce B2C Communication 78

PYMNTS

JUNE 13, 2019

It seems an especially low number when considering this stat: Only 3 percent of companies meet customer demands for instant business-to-consumer (B2C) payments. He noted, too, that “if I am in a company that is processing checks, it is unlikely that I also have a faster payment regulatory compliance attorney. The Larger Picture.

B2C 66

B2C Cash Flow Forecasting B2B Accounts Payable 66

Bramasol

NOVEMBER 27, 2021

DSE is already transforming many B2C markets and is also rapidly making inroads into B2B scenarios as well. The ability to "drill-down and drill-through" these deeper data elements is critical not only to understanding customer behavior but also for accounting compliance requirements.

SAP 62

SAP B2C Compliance Data Analysis 62

PYMNTS

FEBRUARY 10, 2020

. “The real-time integration of SnapPay with the SAP solution is enhancing our process efficiency, reducing our overall cost of doing business and simplifying payment card industry compliance,” said Daoud Ali, IT executive director of Brewster.

SAP 67

SAP B2B Accounts Payable B2C 67

PYMNTS

APRIL 10, 2020

Institutions such as The Clearing House (TCH) and the Federal Reserve have also created payment networks that have made faster, digital payments a reality for business-to-business (B2B) and business-to-consumer (B2C) payment processes alike. Many insurance disbursement flows are still reliant on paper checks, however, according to Schmitt.

Technology 79

Technology B2C B2B Compliance 79

PYMNTS

JULY 24, 2018

Dealing with things like settlement, pre-funding and compliance on top of solving for a host of standardization issues – at scale, takes scale.”. But beyond that, she added, the new capacities can support a wide range of payment types that now need to happen cross-border, particularly in the B2C arena.

B2C 89

B2C Banking Securities Accounting 89

Bramasol

JANUARY 18, 2024

This new post provides a deeper dive into the key issues involved with optimizing end-to-end Order-to-Cash (OTC) and revenue recognition compliance for SaaS offerings. On one hand, the proven nature of SaaS has paved the way for widespread acceptance across both B2B and B2C markets.

Compliance 78

Compliance SAP General Ledger B2C 78

PYMNTS

DECEMBER 1, 2020

Now the question is: How do the financial institutions and the banks provide the same quality of service, which is provided today in B2C, to their B2B customers?” Platform models enable white-label services, he noted, which can also take care of compliance and regulatory hurdles and smooth banks’ transitions to ISO 20022.

Banking 71

Banking B2B B2C Compliance 71

PYMNTS

APRIL 30, 2020

As the narrative goes, legal cannabis companies, often small- to medium-sized businesses (SMBs), are forced to rely on cash for both B2B and B2C payments.

Banking 78

Banking B2C B2B Compliance 78

PYMNTS

APRIL 26, 2019

The idea started in the B2C world, but it wasn’t long before online sellers were asking about the use of point-of-sale financing for B2B — at least according to Chris Tsai, co-founder and CEO of Resolve, an Affirm spin-off, in an in-depth PYMNTS interview earlier this week. How to Shake up B2B Financing at the Point of Sale.

B2B 70

B2B Compliance B2C Currencies 70

PYMNTS

MARCH 7, 2018

“Globally, many financial institutions face significant financial pressures and challenges, particularly related to regulatory reporting and compliance. B2B finance and payments have a reputation for being slow to innovate and adopt technologies that have long been established in the business-to-consumer (B2C) world.

B2B 52

B2B B2C Finance Management Consulting 52

PYMNTS

MAY 6, 2019

In a P2P situation, a Venmo user can send money to a friend’s account, while a B2C transaction might involve a restaurant pushing payments to disburse wages to waitstaff, placing the funds directly onto employees’ prepaid debit cards or into their bank accounts. B2C push payments can deliver quick funds to consumers.

B2C 44

B2C Reconciliations Invoicing Securities 44

PYMNTS

MAY 23, 2017

The group said the analysis looks at the opportunities that distributed ledger technology holds for payment service providers in terms of lowering operating costs, modernizing the international payments value chain and maintaining compliance with key regulatory requirements in markets around the world.

Currencies 40

Currencies Banking B2C Compliance 40

PYMNTS

JULY 11, 2017

New features include Cost Benefits, automated compliance, a central reporting system for employees who travel and ways for executives to establish travel restrictions or qualifications on vehicle types, employee reimbursement and more.

B2C 40

B2C Transportation B2B Compliance 40

PYMNTS

MAY 5, 2016

Meanwhile, in a B2C transaction, “the consumer can simply pull up their credit card to pay for goods and services.”. If there is a geographic base that’s doing its part to get B2B payments up to speed with B2C, it’s the U.S., It’s exactly the same problem,” observes Galarza, “in the U.S., Australia … the U.K.,

B2C 43

B2C B2B Accounts Payable Invoicing 43

PYMNTS

JUNE 18, 2019

This is even more true for B2C marketplaces. percent) and compliance and monitoring (66.7 But what makes companies like eBay, Tableau and Netflix popular is ease and speed of use. Unfortunately, platforms that are designed to be seamless are also often attractive targets for fraud. While the largest share (44.8

Foreign Exchange 51

Foreign Exchange B2C Prioritization Budgeting 51

PYMNTS

OCTOBER 10, 2016

That’s due to the capabilities of risk management, fraud detection and prevention and compliance within data analytics solutions. The statistics came from HM Revenue & Customs, which reported that, for a significant portion of SMEs in the nation, cash is still king — for both B2B and B2C payments.

Investments 74

Investments B2C B2B Risk Management 74

PYMNTS

OCTOBER 6, 2020

J&J’s Nawaz stated that the new digital reality has forced companies (including his own) to focus on being responsive and agile to make supply chains resilient even while ticking off the mandatory compliance and governance aspects tied to supply chain management.

B2B 84

B2B Treasury Communication Accounts Payable 84

PYMNTS

MARCH 19, 2019

That’s especially true for corporate and B2C transactions, he said. Ferrabee noted that ISO 20022 helps satisfy compliance mandates tied to anti-money laundering (AML) and know your customer (KYC), and carries the same data as seen on checks (account info, banks and dates) that has been a mainstay of B2B.

B2C 86

B2C Budgeting Compliance B2B 86

PYMNTS

FEBRUARY 15, 2019

Compliance startup Chainalysis works with law enforcement officials and financial institutions (FIs) to ensure that their cryptocurrency operations are within regulations. What started out as a B2C fashion eRetail company has now morphed into a firm targeting companies in the retail supply chain with back-office solutions. Chainalysis.

Banking 49

Banking B2C B2B Investments 49

PYMNTS

AUGUST 24, 2018

aggregates data across enterprise systems to identify risks and ensure compliance. Spocket is a startup that has its hands in the B2C commerce world and addresses friction in the market, helping online retailers sell suppliers’ goods, pay those vendors, and manage back-office processes associated with the buyer-supplier relationship.

B2B 40

B2B Finance Accounts Payable B2C 40

PYMNTS

JUNE 26, 2017

With global cross-border B2C sales estimated to be valued at roughly $424 billion by 2021 , some merchants are realizing the potential at stake and are stepping up their efforts to improve their global payments capabilities. A Compass for Merchants Navigating the PaaS Space.

B2C 60

B2C Manufacturing Compliance Securities 60

PYMNTS

MARCH 15, 2017

Cybersecurity topped the list and was followed by third-party contracts and regulatory compliance. Procurement officials, Consero found, are similarly worried about cybersecurity, with nearly half (49 percent) citing the issue as their top area of risk this year.

B2C 42

B2C Compliance Cost Management Communication 42

The Finance Weekly

MARCH 1, 2023

Rémi Thomas | Proofpoint Cybersecurity and compliance company Proofpoint has appointed , Rémi Thomas as its Chief Financial Officer. Previously, she served as the CFO of Palmetto Clean Tech, a B2C residential solar platform, and before that, as the Senior Vice President of Finance at Postmates, a food delivery service.

CFO 52

CFO Financial Planning and Analysis (FP&A) Leadership Finance 52

PYMNTS

NOVEMBER 3, 2017

California’s AppZen deploys AI and machine learning to automate back-office functions, with a focus on expense report auditing, fraud detection and employee spend compliance. India’s Bigbasket targets business-to-consumer (B2C) grocery eCommerce. said it will use the money to enhance its engineering teams. B2B eCommerce.

B2B 75

B2B Manufacturing B2C Startups 75

PYMNTS

MARCH 31, 2017

In addition to its B2B SaaS solution, Weeloy also offers a B2C platform with social media tools to help businesses reach new customers, while its B2B platform aids with things like online ordering, table management and advertising. based company that secured $50 in Series A million for its cloud management solution.

B2B 43

B2B B2C Startups Valuation 43

PYMNTS

SEPTEMBER 9, 2016

On one hand, some eProcurement experts say procurement should be as easy as B2C online shopping. ” According to the executive, that demand for a streamlined, mobile-friendly, B2C-like interface is what can help companies with that top challenge of employee adoption. ” It’s a tricky challenge.

B2C 40

B2C Accounts Payable Invoicing Compliance 40

PYMNTS

APRIL 7, 2017

Perfios operates in both the B2B and B2C markets and provides financial institutions and FinTechs with solutions to aggregate and analyze financial data for the purpose of streamlining loan decision making. The company provides a B2B eCommerce platform for cannabis retailers to procure product online while ensuring legal compliance.

B2B 43

B2B B2C Startups eCommerce 43

PYMNTS

DECEMBER 6, 2017

Trust and safety is a … bigger issue in the B2B space than the B2C space.”. They are also investing more in compliance and regulatory activities, which has been a barrier to growth in certain areas of B2B,” he stated, adding that in the U.K.,

B2B 73

B2B B2C Startups Banking 73

PYMNTS

MARCH 25, 2016

The phrase “real time” has been applied to just about every facet of B2C and, slowly but surely, B2B as well. In the case of the latter arena, procure-to-pay activities can benefit from better connectivity and information flow across currencies, countries and, of course, suppliers and their SKUs.

B2C 40

B2C B2B Compliance Currencies 40

PYMNTS

OCTOBER 11, 2019

As he told PYMNTS, challenges confront eCommerce firms that seek to understand the broad range of compliance and taxation frameworks that can differ greatly among the countries into which they sell. These sweeping changes, said Asquith, will impact as many as 245,000 firms based in the U.K.

eCommerce 49

eCommerce Invoicing B2C Sales 49

PYMNTS

JANUARY 15, 2018

Separate data from NACHA found that of the 2 million same-day ACH transactions completed in the first 11 days of the service, just 6 percent were B2B payments; the rest were made up of B2C and P2P transactions. And despite these statistics, B2B payments innovators remain confident that progress will be made.

B2B 55

B2B B2C Startups Accounting 55