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.
Real-Time Payments Set to Replace Checks, ACH in the Manufacturing Industry
Real-Time Payments Set to Replace Checks, ACH in the Manufacturing Industry
December 14, 2023  |  Real-Time Payments

The manufacturing industry is on the verge of a major transformation in payment practices, PYMNTS Intelligence revealed. The report “Corporate Changes in Payment Practices: Manufacturing...

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MyFinity Partners With Convera to Increase Global Coverage
MyFinity Partners With Convera to Increase Global Coverage
December 13, 2023  |  Cross-border Payments

MiFinity has partnered with Convera to increase the country coverage of its PayAnyBank (PAB) service. The integration of Convera’s B2B cross-border payments capabilities into MiFinity’s PAB service furthers...

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Spend Management Firm Pleo Names New CFO in Push for Profitability
Spend Management Firm Pleo Names New CFO in Push for Profitability
December 13, 2023  |  Personnel

Danish FinTech Pleo is reportedly expanding its executive team with a new chief financial officer. The naming of financial services veteran Soren Westh Lonning as...

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Tabi Connect Integrates Blue Yonder’s Price Discovery Solution
Tabi Connect Integrates Blue Yonder’s Price Discovery Solution
December 13, 2023  |  Partnerships

Tabi Connect partnered with Blue Yonder to make it easier for shippers and carriers to connect. By bringing together Tabi Connect’s rate management system and...

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Procurement Tool Provider Pivot Raises $21.6 Million to Expand in Europe
Procurement Tool Provider Pivot Raises $21.6 Million to Expand in Europe
December 13, 2023  |  Investments

Procurement tool provider Pivot has secured 20 million euros (about $21.6 million) in Series A funding. This funding round comes six months after the firm’s...

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Is B2B Ready for a Real-Time Payments Overhaul?
Is B2B Ready for a Real-Time Payments Overhaul?
December 13, 2023  |  B2B Payments

Real-time payments have the potential, and the promise, to overhaul all corners of commerce. The recent introduction of the FedNow® System is only the latest...

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Melio Adds Real-Time Payments to B2B Platform
Melio Adds Real-Time Payments to B2B Platform
December 13, 2023  |  Real-Time Payments

B2B payments platform Melio added real-time payments to its suite of offerings. The new service lets payors deliver funds instantly to vendors, according to a...

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Use of Working Capital Solutions Set to Rise 26% Among North American Growth Corporates
Use of Working Capital Solutions Set to Rise 26% Among North American Growth Corporates
December 13, 2023  |  VISA

North America ranks second, behind Latin America and the Caribbean (LAC), among the five regions analyzed in the “Growth Corporates Working Capital Index.” In the...

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Expensify Teams With Booking.Com to Streamline Travel Expenses
Expensify Teams With Booking.Com to Streamline Travel Expenses
December 12, 2023  |  Travel Payments

Payments firm Expensify has launched a new integration with Booking.com for Business. The collaboration lets business travelers automatically upload travel receipts from Booking.com for Business directly into Expensify at booking,...

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