PYMNTS

NOVEMBER 10, 2020

challenger bank Tide runs dry of SMB loan funds, while Payer launches an ID verification service for B2B eCommerce platforms. The new product will let eCommerce merchants verify new customers as trustworthy to ease some of the difficulties of making new transactions, the release stated. Today In B2B, U.K.

B2B

PYMNTS

DECEMBER 7, 2020

Adflex has unveiled a new initiative aimed at boosting supply chain merchants’ ability to accept card payments from buyers as eCommerce booms amid the coronavirus crisis. Established trading partners” benefit from an even more streamlined compliance process, with Adflex “authorised to securely store Cards on File (CoF).”.

B2C

PYMNTS

DECEMBER 30, 2020

But this shift is only a fraction of the disruption B2B payments saw in 2020, with the year giving way to a boom in B2B eCommerce and shifts in business models that continue to alter the way businesses send and receive payments. Speed will be key in several workflows of the B2B commerce experience.

B2B

PYMNTS

FEBRUARY 25, 2020

The Palo Alto-based travel tech unicorn TripActions has secured a new, $500 million credit facility to help advance the introduction of its corporate card product, the company announced on Tuesday (Feb. TripActions Liquid is a major time-saver – we’ve been able to reduce travel payment reconciliation time from weeks to minutes each month.”

Reconciliations

PYMNTS

FEBRUARY 6, 2020

Canadian global point-of-sale (POS) and eCommerce firm Lightspeed is teaming up with Silicon Valley payments platform Stripe to advance in-store and online payments for retailers and restaurants in the U.S. and Canada, the companies announced on Thursday (Feb. Last month , Lightspeed announced the launch of Lightspeed Payments for U.S.

Retail

PYMNTS

NOVEMBER 7, 2018

FIS leveraged its Trax corporate payments factory, which provides corporate treasury functions a highly secure platform for consolidating and standardizing their accounts payments workflow, to connect LVMH Group’s partner banks to the SWIFT gpi. Based in Paris, about 65 percent of the multinational company’s payments go across borders.

Treasury

PYMNTS

JUNE 26, 2018

“Offering the best of both brands, the co-branded small business credit card program will combine the buying power, convenience and value small businesses have come to know and love from Amazon, backed by the world-class service, benefits access and security of American Express,” added Amazon Vice President Max Bardon in another statement.

Reconciliations

PYMNTS

OCTOBER 1, 2019

Beyond changing clearing and settlement capabilities, Ramsey told PYMNTS, FIs will have to retool the way they approach operations, bringing real-time processes to all functions, from reconciliation to customer service. In an eCommerce setting, there are inherent benefits that can lead to a safe and satisfying customer experience.

B2B

PYMNTS

DECEMBER 28, 2020

As B2B eCommerce gains traction, the opportunity for consumer-like payment models will continue to grow, too. This not only provides speed and assurance to suppliers in receiving payment, but strengthens security for corporate buyers who don't have to share their credit card details over the phone or email.

B2B

PYMNTS

AUGUST 13, 2019

The site said Jio’s actions would help deliver automation and security to transactions and for modernizing supply chains. Not to be outdone, reports noted eCommerce giant Amazon might be looking to bring advertising to the blockchain. Amazon, Too.

Advertising

PYMNTS

OCTOBER 1, 2020

As reported earlier in this space, dealmaking to date in 2020 has included eCommerce-as-a-Service firm Mirakl securing a $300 million investment, and payments firm Zoop securing a $10.85 million round, among others.

B2B

PYMNTS

NOVEMBER 14, 2017

These are the essential pieces of the puzzle when it comes to eCommerce , writ large across a global stage. In the latest Data Drivers installment, Steve Villegas, vice president of Partner Management at PPRO Group , told PYMNTS’ Karen Webster that “alternative payments are going to drive the future of eCommerce.”

Reconciliations

PYMNTS

FEBRUARY 18, 2020

This creates new security challenges as firms must learn to centrally manage their fraud protection methods while also gauging threats across many different channels. Banks that earn consumers’ trust by securing their mobile data and transactions will likely see plenty of growth, as 40 percent of U.S. consumers now use mobile banking.

Foreign Exchange

PYMNTS

SEPTEMBER 20, 2018

However, keeping track of data in a way that enables secure storage, efficient access and analysis, compliance with regulations and — ultimately — its profitable use is quite another topic. Similarly, data without efficient organization and solid security is nothing but numbers that have not reached their full economic potential.

Retail

PYMNTS

SEPTEMBER 7, 2018

The largest funding round of the week lands at one Indian firm, which will use the funds to focus on growing its suite of services from a B2B eCommerce platform to a source of financing and logistics for its business clients. The company said this week that it secured $1.75 The investment follows a $1.5 million venture capital raise.

B2B

PYMNTS

JUNE 29, 2016

T oday (June 29), MasterCard announced the integration of its Simplify Commerce solution with Microsoft Dynamics AX, their cloud-based ERP solution, in order to bring secure online payments to 13 markets around the globe. It also is designed to simplify PCI compliance relief, and proving reconciliation back immediately.

Reconciliations

Trade Credit & Liquidity Management

MAY 14, 2025

Paystand then takes over, automating the AR process through seamless fund reconciliation, resulting in a fully automated order-to-cash cycle with no manual intervention. Ecosystem Integration: The integration allows direct connectivity between ERP, eCommerce, and accounting systems, eliminating manual data entry and streamlining operations.

B2B

PYMNTS

JULY 8, 2016

The Asia-Pacific region undoubtedly led the way, with India securing the largest investment of the week (alternative SME lending) and other deals reaching Australia and China in the logistics, cross-border payments and SaaS segments. Check out our breakdown of all the deals below. ” Alternative Lending.

B2B

PYMNTS

JANUARY 31, 2018

The movement of information is filled with friction in B2B transactions today, with deals across borders and between third- and fourth-parties, creating a muddle of data that can delay supplier payments and disrupt the reconciliation process. Purchase orders can be sent digitally,” he said, as an example.

B2B

PYMNTS

JUNE 28, 2019

It wasn’t the only corporate T&E firm that secured new funding, though, nor was it the only B2B FinTech that raised venture capital. The $1 million in Seed funding for India-based Recko will help the firm grow its payments reconciliation solution for companies in the banking, lending, insurance, eCommerce and telecom industries.

Valuation

PYMNTS

MARCH 25, 2019

Once closed, the conjoined firm will offer enterprise banking, payments, capital markets and global eCommerce services to financial institutions and businesses around the world. And speaking of well-known companies, this week saw another big eCommerce/payments announcement, with the news that Google Pay is coming to eBay.

eCommerce

PYMNTS

JUNE 24, 2016

Though these payments can be processed much the same way as any eCommerce solution, the use of various membership models that associations may have can sometimes be a challenge. We believe our solution can actually save our associations a lot of time, because all the payments and the reconciliation more or less just happens automatically.

Nonprofit

PYMNTS

JULY 2, 2018

“Offering the best of both brands, the co-branded small business credit card program will combine the buying power, convenience and value small businesses have come to know and love from Amazon, backed by the world-class service, benefits access and security of American Express,” added Amazon Vice President Max Bardon in another statement.

Foreign Exchange

PYMNTS

DECEMBER 16, 2019

And eCommerce volumes will soar, with countries such as China, Japan and the U.S. Governments and others that distribute funds will have a digital means to do so, securely and compliantly, with the knowledge that funds will reliably reach those for whom they are intended. percent over the next five years.

Banking

PYMNTS

JANUARY 1, 2020

And eCommerce volumes will soar, with countries such as China, Japan and the U.S. Governments and others that distribute funds will have a digital means to do so, securely and compliantly, with the knowledge that funds will reliably reach those for whom they are intended. percent over the next five years.

Banking