B2B Payments

The highly complex payments processes and networks that power $120 trillion in payments flows that move between businesses globally each year. The B2B Payments ecosystem is undergoing a massive digital transformation as corporates move away from paper-based processes and payments methods to digital workflows that more efficiently move money and data between trading partners. These efficiencies give corporates more visibility into their cash position across their supply chain and innovations in accounts payments and receivables are helping buyers and suppliers to align on payments terms and trade credit.
Big Innovations Powering Small Business Growth Dominate This Week in B2B
Big Innovations Powering Small Business Growth Dominate This Week in B2B
May 02, 2024  |  B2B Payments

It is National Small Business Week in the U.S., and the spotlight is on business-to-business (B2B) innovation.  That’s why PYMNTS spent Monday (April 29) unpacking how small businesses...

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Chase’s New SMB Offerings Point to Appeal of Ad Hoc Real-Time B2B Payments
Chase’s New SMB Offerings Point to Appeal of Ad Hoc Real-Time B2B Payments
May 02, 2024  |  Real-Time Payments

In B2B interactions, faster payments — especially ad hoc payments — may prove to be a competitive advantage. PYMNTS Intelligence found that non-recurring payments represent roughly a quarter of...

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Pleo Secures $43 Million Facility to Expand Credit Offering
Pleo Secures $43 Million Facility to Expand Credit Offering
May 02, 2024  |  Investments

Pleo has secured a 40-million-euro (about $43 million) debt financing facility from HSBC Innovation Banking UK. With this facility, the Danish FinTech will expand its credit offering, Pleo...

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Tuza Raises $5 Million for Business Card Payments Comparison Site
Tuza Raises $5 Million for Business Card Payments Comparison Site
May 02, 2024  |  Investments

London-based Tuza secured 4 million pounds (about $5 million) in seed funding for its platform that brings price comparison to card payments in the United Kingdom. The...

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Amazon Launches Grants, Education Hub for Small Business Owners
Amazon Launches Grants, Education Hub for Small Business Owners
May 02, 2024  |  SMBs

Amazon’s B2B procurement store is rolling out new resources designed to help smaller entrepreneurs. It’s all part of Amazon Business’ third annual Small Business Month, the retail...

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Banyan to Add Item-Level Data Capabilities to WEX Virtual Payments
Banyan to Add Item-Level Data Capabilities to WEX Virtual Payments
May 02, 2024  |  Data

Banyan has announced a new partnership with WEX. “As a B2B FinTech whose purpose is to simplify the business of running a business, WEX helps...

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Chase Debuts Tools for Small Business Payment Pain Points
Chase Debuts Tools for Small Business Payment Pain Points
May 02, 2024  |  SMBs

Chase introduced a series of payments-oriented tools aimed at small- to medium-sized businesses (SMBs). The new tools include offerings to help SMB owners electronically create and send invoices and gain...

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Checkout.com and Mastercard Offer Virtual Cards for Travel Agents
Checkout.com and Mastercard Offer Virtual Cards for Travel Agents
May 02, 2024  |  B2B Payments

Checkout.com has teamed with Mastercard to offer virtual cards to online travel agents.  “As part of the Mastercard Wholesale Program, which reduces costs for travel businesses through virtual card...

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Competing With Giants: How Small Businesses Can Optimize Their eCommerce Efforts
Competing With Giants: How Small Businesses Can Optimize Their eCommerce Efforts
May 02, 2024  |  eCommerce

This National Small Business Week, merchants are increasingly moving beyond Main Street — and into eCommerce. And with the news that the post-pandemic growth for...

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