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.
Qogita Secures $87 Million to Grow Wholesale Procurement Platform 
Qogita Secures $87 Million to Grow Wholesale Procurement Platform 
December 15, 2023  |  Investments

London-based startup Qogita has reportedly secured 80 million euros ($87.3 million) in a Series B round for its wholesale procurement platform for small- to medium-sized businesses...

READ MORE >
North American Marketplaces Lead in Corporate and Virtual Card Usage
North American Marketplaces Lead in Corporate and Virtual Card Usage
December 15, 2023  |  Spend Management

Despite economic challenges such as persistent inflation and market disruptions, growth corporates, commonly referred to as middle-market firms, in the North American region have demonstrated...

READ MORE >
Real Estate Companies Explore B2B Cryptocurrency Payments
Real Estate Companies Explore B2B Cryptocurrency Payments
December 15, 2023  |  Cryptocurrency

After a turbulent year for the cryptocurrency industry, the waters have calmed down as banks and investors have recovered their interest in it.  Cryptocurrency still...

READ MORE >
Late Payments Inflate Construction Bids by $273 Billion
Late Payments Inflate Construction Bids by $273 Billion
December 15, 2023  |  Money Mobility

Late payments and transaction errors run rampant in the construction industry. The sector’s days sales outstanding (DSO) — a measurement of how long a company...

READ MORE >
JPMorgan Chase on Why Businesses Are ‘Cautiously Optimistic’ Headed Into 2024
JPMorgan Chase on Why Businesses Are ‘Cautiously Optimistic’ Headed Into 2024
December 15, 2023  |  Economy

Asked by Karen Webster to offer up her thoughts on the state of the U.S. economy and how businesses are approaching 2024, Ginger Chambless, head...

READ MORE >
Why Automation Alone Won’t Transform B2B Payments in 2024
Why Automation Alone Won’t Transform B2B Payments in 2024
December 15, 2023  |  B2B Payments

In the world of B2B commerce, staying ahead of the curve is crucial for success. If only there weren’t so many ways and so many...

READ MORE >
PayPal and SAP Partner to Simplify Digital Payments for Businesses
PayPal and SAP Partner to Simplify Digital Payments for Businesses
December 14, 2023  |  Digital Payments

PayPal and SAP have launched an expanded integration to simplify digital payments for SAP customers. The collaboration involves the creation of a digital payments plug-in...

READ MORE >
Ex-Wirecard Finance Chief Charged With Fraud
Ex-Wirecard Finance Chief Charged With Fraud
December 14, 2023  |  Legal

More than three years after its collapse, Wirecard’s former finance chief has been accused of fraud. Burkhard Ley, who spent 11 years as the chief...

READ MORE >
Taurus and Teylor Team to Tokenize Loans to German Small Businesses
Taurus and Teylor Team to Tokenize Loans to German Small Businesses
December 14, 2023  |  Loans

Swiss crypto custody firm Taurus has launched a partnership with lending platform Teylor. The partnership, as reported Thursday (Dec. 14) by Coindesk, allows Teylor’s credit portfolio tokens to...

READ MORE >