Driven by changing customer preferences, a growing number of companies are adopting embedded finance solutions in both their business-to-business (B2B) and their consumer-facing payment verticals. In fact, embedded finance is already becoming the next phase in B2B payments, according to the “Embedded Finance Tracker,” a...
When an eCommerce brand is onboarding a third-party supplier or manufacturer before launching a new product, smart contracts powered by blockchain technology and cryptocurrency can help them avert future supply chain disruption due to slow payments or authentication processes. That’s just one way successful multinational...
Today in B2B payments, Mashreq debuts non-banking services initiative for small businesses while Montway Auto Transport debuts a digital platform. Plus, ACH network moves 7.5 billion payments thanks to growth in same-day transactions, Amex debuts Global Pay for increased cross-border payment capabilities and inflation has...
One of the many habits broken by of the pandemic was the monthly ritual of mailing off a rent check every month. Because there wasn’t anyone at the leasing office to receive those checks, scan them and deposit them, renters and property management companies alike...
Today in B2B payments, Unilever sees a rise in B2B eCommerce, and a PYMNTS and Corcentric report shows speedy digitization in the finance and healthcare verticals. Plus, Razer Merchant Services teams with Atome for increased BNPL acceptance, Think Big Solutions adds digital factoring platform and...
Although many already had a robust system in place beforehand, nearly half of the companies in the finance, insurance and healthcare have accelerated the digitization of payment processes and systems during the pandemic. In fact, 48% of the companies in each of those industries fast-tracked...
For truckers, every load is a business trip. Rather than buying airfare or Uber or Lyft rides, though, they are paying for heavy truck repairs, towing, parking, truck washes and unloading fees at warehouse facilities. “All of those things traditionally have been very paper-based and...
The goal of any business is to grow. Within the B2B realm, all suppliers want to serve as many buyers as they can as an increasing amount of commerce moves online. At the same time, these suppliers want assurance they can be paid in a...
Bangladesh-based FinTech Think Big Solutions now offers a digital factoring platform to provide financing solutions for smaller businesses, a news report said Sunday (July 31). TREDX aims to unite small businesses, financial institutions (FIs), corporations and suppliers to create an online marketplace, TREDXonline, for digital...
