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Invoice Fraud Strikes Amazon In $19M Scam

PYMNTS

In a case that highlights how anybody — truly, anybody — can be a victim of invoice fraud, federal officials have reportedly charged two brothers in New York State for an alleged $19 million scam targeting Amazon. Fitzhugh warned, "Invoice fraud is not a victimless crime. Canada and the world over. Canada and the world over.

Invoicing 119
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Easing The Online Shift With Integrated Invoicing

PYMNTS

The company has connected its SecurePay payment gateway solution within the accounting platform, allowing for SMBs to generate invoices and receive payment without having to leave QuickBooks. Ensuring businesses can get paid as quickly as possible, and as securely as possible, are two critical components of supporting SMBs amid the pandemic.

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B2B eCommerce Gets Civilized

PYMNTS

The first and oldest writings of human civilization were not poems or prayers: they were invoices. In the February 2020 B2B eCommerce Report , done in collaboration with American Express , we learn how B2B buyers and sellers are using eCommerce to bypass outdated paper-based billing and payment terms. Where’s the Trust?

B2B 73
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Report: Overcoming Cross Border Invoice Complexities

PYMNTS

Old-school business-to-business (B2B) transaction methods like sending and waiting on checks and physical invoices are more difficult to stick with now that many offices are closed and financial teams are working from home. Businesses have gone back to the drawing board to rethink their payments approaches during the COVID-19 pandemic.

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Optimizing B2B eCommerce Payments From The Moment Of Onboarding

PYMNTS

As more seller organizations embrace the B2B eCommerce model, they're quickly coming to realize that for buyers, the B2B payment experience begins right at the moment of onboarding. Credit scoring a new customer provides visibility into the probability that the buyer will actually pay an invoice upon receipt of goods or services.

B2B 105
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Delego Launches Self-Service Invoice Payments Solution

PYMNTS

Payments solution provider Delego is rolling out its invoice presentment and payment solution, PayCenter, a SAP-integrated tool, to digitize and streamline accounts receivable. Delego’s PayCenter offers Delego RapidPay, which supports ACH, card, digital wallet and other payment methods when invoices are presented.

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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.