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.

Melio Teams With Amazon Business to Streamline Invoicing
Melio Teams With Amazon Business to Streamline Invoicing
September 10, 2024  |  Partnerships

Small business-focused B2B payments platform Melio integrated with Amazon Business. By combining with the Amazon Business Reconciliation API, the companies can synchronize Amazon Business invoices...

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22% of US Small Businesses Struggle to Pay Bills Due to Cash Flow
22% of US Small Businesses Struggle to Pay Bills Due to Cash Flow
September 10, 2024  |  SMBs

Small- to medium-sized businesses (SMBs) often find themselves in a constant struggle to manage cash flow, focusing more on survival than growth. Many SMBs use...

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Building B2B Ecosystems Helps Firms Grow Without Cannibalizing Core Offerings
Building B2B Ecosystems Helps Firms Grow Without Cannibalizing Core Offerings
September 09, 2024  |  B2B Payments

In today’s uncertain operating environment, every dollar counts. With ample whitespace in the B2B market, companies are increasingly discovering that they can use their consumer-facing...

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Finally Raises $200 Million to Bolster Small Business Finance Suite
Finally Raises $200 Million to Bolster Small Business Finance Suite
September 09, 2024  |  Investments

Finance and human resources suite finally has raised $200 million in new funding. The financing, a $50 million Series B from PeakSpan Capital and $150 million credit...

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Cantaloupe Expands Self-Service Commerce Capabilities With SB Software Acquisition
Cantaloupe Expands Self-Service Commerce Capabilities With SB Software Acquisition
September 09, 2024  |  Acquisitions

Cantaloupe, a global provider of self-service commerce technology, expanded its capabilities and market reach by acquiring SB Software, a provider of vending and coffee management...

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Mangomint Raises $35 Million and Debuts Spa-Salon Automation Tool
Mangomint Raises $35 Million and Debuts Spa-Salon Automation Tool
September 08, 2024  |  Connected Economy

 Salon/spa software provider Mangomint has raised $35 million in a Series B funding round. The company announced the new financing Friday (Sept. 6), along with...

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Making Sense of Why Some Firms Stay Stapled to Paper Processes
Making Sense of Why Some Firms Stay Stapled to Paper Processes
September 06, 2024  |  B2B Payments

Few people want to cut checks, lick stamps or sign invoices. Every single business day, however, these same outdated activities are done countless times by...

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This Week in B2B: Partnerships, Payments and Process Improvements
This Week in B2B: Partnerships, Payments and Process Improvements
September 05, 2024  |  B2B Payments

The future of B2B payments lies in automation, not administration. Given the B2B sector’s legacy of complex workflows, intricate data requirements and entrenched manual processes,...

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Paystand Expands Its B2B Payments Service to Canada
Paystand Expands Its B2B Payments Service to Canada
September 05, 2024  |  B2B Payments

Paystand says it is expanding its zero-fee B2B payments network to Canada. “While Paystand first introduced limited service in Canada in 2018, Canadian payers will...

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