Remove Communication Remove Compliance Remove eCommerce Remove Invoicing
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Blockchain Tries To Jolt B2B eCommerce Into The Digital Age

PYMNTS

The complexities and demands of B2B eCommerce can be significantly greater than those of the consumer digital shopping realm. Overall, B2B eCommerce is stuck in the past, said Inxeption CEO and Co-founder Farzad Dibachi. ” The reliance of B2B eCommerce on EDI technology demonstrates the importance of digital data in the sector.

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Banking-As-A-Service, B2B eCommerce Lead Busy Week For B2B FinTech Funding

PYMNTS

Backers placed the spotlight on everything from B2B eCommerce, to supply chain optimization, to Banking-as-a-Service, but human resources and payroll landed in the top spot in this week's VC roundup. The company supports the full purchasing cycle with invoice integration and compliance auditing capabilities.

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How Fashion eCommerce Payments Can Be Designed For Cross-Border Appeal

PYMNTS

The international eCommerce market grew to $412 billion by the end of 2019 — a 4 percent improvement over the previous year. Buyers used local payment methods for 77 percent of worldwide eCommerce in 2019, and that figure is projected to reach 82 percent by 2024. Cards can be critical to serving the U.K.

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Pandemic’s Pressure Points Highlight B2B Payments Vertical Needs

PYMNTS

In the immediate impact of the pandemic, he said, the company lost about 90 percent of its transaction volumes in about a week — but a rebound has taken place as more vehicles are out on the road making eCommerce and food deliveries. Those paper communications, Sharma said, span invoices, proof of delivery documents and approval forms.

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Cannabis Shows Early Signs Of Late Supplier Payments Struggle

PYMNTS

Many legal cannabis businesses continue to rely on cash, paper and offline methods of communication to conduct operations without access to traditional financial services. Orders are placed and shipped, and a paper invoice is generated, with retailers using legacy payment strategies to settle those bills. “Sometimes they forget.

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As Medical Billing Goes Digital, New Benefits — And Challenges — Arise

PYMNTS

The keys to such billing communication? In short, medical billing can take lessons from eCommerce and digital financial services providers to reach consumers in ways to which they are accustomed. Another challenge is ensuring HIPAA compliance to protect the privacy of patients and avoid legal and reputational troubles.

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What ‘Patchwork’ eCommerce Taxes Mean For Black Friday – And Beyond

PYMNTS

There are 12,000 jurisdictions, Peterson told PYMNTS – and that’s the easy part of grappling with tax compliance. You can bet, however, that they take the time to read through communications from tax authorities indicating that they are being audited or that they owe back taxes. The hard part? Then the scrambling begins.