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An Order-To-Cash Overhaul Is Coming For B2B Payments

PYMNTS

PYMNTS December 2020 Global B2B Payments Playbook done in collaboration with Worldpay makes a simple, somewhat baffling observation: “Many B2B payments are [still] being made over the same rails that firms have leveraged for decades, utilizing familiar payment tools and being supported by the same pre- and post-payment systems.”.

B2B 71
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HSBC On The Next Phase Of Treasury APIs

PYMNTS

Singapore-based bank DBS is offering an API-powered payment service that lets companies scan QR codes on invoices to then immediately pay suppliers via the city-state’s near-real-time payments rail. This month’s Deep Dive examines top fraud attempts leveraged against business APIs and strategies for defending against them.

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SOLV Adds MonetaGo Factoring To B2B eCommerce Platform

PYMNTS

India-based B2B eCommerce platform SOLV is integrating invoice financing capabilities through a new partnership with MonetaGo. The integration also leverages MonetaGo’s anti-fraud capabilities to address the risk of double supplier invoices for buyers.

B2B 52
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Shopify Now Lets Merchants Hire Virtual Employee ‘Kit’ For Free

PYMNTS

Kit, the fully-automated virtual assistant, communicates with Shopify merchants via text message or Facebook Messenger to create and run single- or multi-product ads, including videos, on Facebook and Instagram. Kit does all the virtual assistant work — writes the messaging, pulls the images, submits the copy.