B2B Payments

B2B Payments
Embedded Payments and Virtual Cards Shift B2B Payment Dynamics to Supplier
July 26, 2024

The rise of business-to-business (B2B) eCommerce platforms is having a big impact on payments as well as buyer-supplier relationships. These online platforms have shifted transactions from paper-based processes and checks to the digital realm, enabling embedded payments to accelerate transactions and facilitate terms for buyers...

B2B Payments
This Week in B2B: Capturing the Digital Innovations Reshaping Workflows
July 25, 2024

In the B2B landscape, the only constant is change — and technology is the change agent. After all, while trust remains foundational in B2B relationships, it is technology that is increasingly accelerating processes and unlocking new, 21st century efficiencies. That’s why the importance of data in...

B2B Payments
TranscendAP Adds Improved Purchase Order Matching to AP Platform
July 25, 2024

TranscendAP has added new artificial intelligence (AI) and machine learning (ML) functionality to its accounts payable (AP) platform for mid-market and large enterprises. The new TranscendAP 8.5 includes customizable dashboard widgets that offer visibility into invoice automation, improved two-way and three-way purchase order (PO) matching,...

B2B Payments
Float and Airwallex Partner on Bill Pay for Canadian Companies
July 25, 2024

Float, which offers a business finance platform for Canadian companies, has chosen Airwallex to power its new bill pay product. The new product enables fast and cost-efficient bill payments for both domestic and overseas transactions and includes bank transfers, EFT, wire and ACH, the companies...

B2B Payments
Unlocking the Critical Role of Treasurers in Corporate Decision-Making
July 25, 2024

The advent of 21st century technologies, combined with contemporary macroeconomic realities, has transformed enterprise operations. And the greatest beneficiary has been the back office, with traditionally administrative functions like finance and treasury taking new prominence. Historically, the role of a company’s treasurer has been seen...

B2B Payments
Bank of America: CashPro App Payment Approvals Volume Up 40%
July 25, 2024

Bank of America said Thursday (July 25) that the volume of corporate payment approvals completed via its mobile app for corporate and commercial banking, CashPro App, is up 40% from last year. The volume topped $500 billion in the first half of 2024 and is...

B2B Payments
Cart.com Launches Standalone Warehouse, Transportation Management Systems
July 24, 2024

Cart.com has made its proprietary warehouse and transportation management systems available as standalone offerings. These modules — Constellation WMS and Constellation TMS — join the company’s distributed order management system, which is called Constellation OMS, as standalone software-as-a-service (SaaS) offerings, Cart.com said in a Wednesday (July 24) press release. The three solutions can...

B2B Payments
Billie Begins Adding B2B BNPL to Stripe Platform in Europe
July 24, 2024

Billie’s B2B buy now, pay later (BNPL) solution has been integrated with Stripe and is now available on that financial infrastructure platform to select customers in Europe. The new solution will be tested by select online shops and marketplaces in Germany, Franceand the Netherlands throughout...

B2B Payments
Visa and Toqio Partner on Commercial Card Solutions
July 23, 2024

Toqio and Visa have partnered to provide Visa commercial cards to businesses that don’t offer financial services. With these solutions, Toqio’s corporate clients will be able to access and issue Visa commercial cards directly from its platform, which connects distributors and merchant providers with financial institutions, the...