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.

Google Gives $10 Million to Help Small Businesses Use AI
Google Gives $10 Million to Help Small Businesses Use AI
September 12, 2024  |  artificial intelligence

Google has introduced a pair of initiatives to help small businesses integrate artificial intelligence (AI). The tech giant is providing $10 million in funding to America’s Small...

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Taking Control of Costs: New Tech Makes Business Spend Management Easier
Taking Control of Costs: New Tech Makes Business Spend Management Easier
September 12, 2024  |  B2B Payments

For corporates, the goal, especially in the current inflationary environment, is to squeeze margins higher. There are two levers to pull, ideally working simultaneously: increasing...

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UK’s Smaller Banks Could Benefit From New Capital Rules
UK’s Smaller Banks Could Benefit From New Capital Rules
September 12, 2024  |  Banking

New capital requirements could help Great Britain’s smaller lenders compete in the country’s mortgage market. That’s according to a report published by Reuters on Thursday...

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FinCEN Says Check Fraud Approached $700 Million Over 6 Months
FinCEN Says Check Fraud Approached $700 Million Over 6 Months
September 11, 2024  |  Security & Fraud

Earlier this week, FinCEN reported that mail theft-related check fraud amounted to more than $688 million in a recent six-month period. The bulk of the...

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Visa and KOTRA to Launch B2B Payment Platform in South Korea
Visa and KOTRA to Launch B2B Payment Platform in South Korea
September 11, 2024  |  B2B Payments

Visa and the Korea Trade-Investment Promotion Agency (KOTRA) have partnered to launch a card payment platform for trade settlements in South Korea. The new Global Trade...

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Gusto Opens Waitlist for AI Assistant for Small Business Owners
Gusto Opens Waitlist for AI Assistant for Small Business Owners
September 11, 2024  |  Artificial Intelligence

Gusto will soon add an artificial intelligence-powered assistant called Gus to the human resources (HR), payroll, benefits and compliance platform and products it offers for...

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Fake Shipments, Fast Cash: Trade Finance Fraud on the Rise
Fake Shipments, Fast Cash: Trade Finance Fraud on the Rise
September 11, 2024  |  Shipping

For as long as there have been banks, bad actors have tried to rob them. And as a report from the International Maritime Bureau (IMB),...

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Boost Enables Cross-Border Payments With US-Issued Commercial Cards
Boost Enables Cross-Border Payments With US-Issued Commercial Cards
September 11, 2024  |  B2B Payments

Boost Payment Solutions has introduced a solution that allows enterprise buyers to use their existing U.S.-issued commercial cards to pay suppliers in more than 180 countries....

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Glean Raises $260 Million to Expand Work AI Platform
Glean Raises $260 Million to Expand Work AI Platform
September 10, 2024  |  Investments

Glean has raised $260 million in a Series E funding round to accelerate its artificial intelligence (AI) innovation, customer acquisition and global expansion of its...

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