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.
Instacart Partners With Sharebite to Target Corporate Food Spend
Instacart Partners With Sharebite to Target Corporate Food Spend
December 12, 2023  |  Delivery

Instacart is targeting employers’ office snack budgets, as aggregators compete for businesses’ food spending. On Tuesday (Dec. 12), meal benefits platform Sharebite announced a partnership...

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ConnexPay Adds Canadian Dollars to Virtual Card Offering
ConnexPay Adds Canadian Dollars to Virtual Card Offering
December 12, 2023  |  Payment Methods

Payments platform ConnexPay has added acquiring in Canadian dollars to its virtual card issuing offering. The expansion lets ConnexPay customers process payments in Canadian dollars (CAD), according...

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Checkr Adds Payments and Onboarding Capabilities to HR Platform
Checkr Adds Payments and Onboarding Capabilities to HR Platform
December 12, 2023  |  Payroll

Checkr added payments and onboarding capabilities to its human resources (HR) platform. With the addition of the new Checkr Pay and Checkr Onboard to its...

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Main Street Small Businesses Sour on Near-Term Prospects and Credit Access
Main Street Small Businesses Sour on Near-Term Prospects and Credit Access
December 12, 2023  |  SMBs

Main Street small business owners anticipate limited wiggle room to boost prices, and they’re prepared to tap credit to help grapple with operating costs. As...

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Lightnet Teams With TransferMate to Streamline B2B Global Payments
Lightnet Teams With TransferMate to Streamline B2B Global Payments
December 12, 2023  |  Partnerships

Singapore-based payment solutions provider Lightnet partnered with B2B global payments infrastructure-as-a-service provider TransferMate. Lightnet will integrate TransferMate’s global payments network within its platform, enabling Lightnet...

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Blue Yonder Adds Generative AI Capability to Supply Chain Solutions
Blue Yonder Adds Generative AI Capability to Supply Chain Solutions
December 12, 2023  |  Supply Chain

Blue Yonder has added generative artificial intelligence (AI) capability to its range of supply chain solutions. The new Blue Yonder Orchestrator helps companies make sense...

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Tax Reporting Season Updates and Digital IDs Present Challenges for Businesses
Tax Reporting Season Updates and Digital IDs Present Challenges for Businesses
December 12, 2023  |  Taxes

Wendy Walker, solution principal at Sovos, said changes to IRS reporting that help identify firms may catch some businesses unaware.  As Walker illustrated in a...

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Swift Completes Successful Test of Global Trade Interoperability Solution
Swift Completes Successful Test of Global Trade Interoperability Solution
December 11, 2023  |  Cross Border Commerce

Swift has successfully tested a global trade interoperability solution in collaboration with BNY Mellon, Deutsche Bank and four electronic bills of lading (eBL) platforms. This solution has the...

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Payroll Firms Partner to Launch Payrocks to Offer Local Expertise
Payroll Firms Partner to Launch Payrocks to Offer Local Expertise
December 11, 2023  |  Payroll

Seven European payroll firms have launched a partnership aimed at sharing their expertise. Dubbed “Payrocks,” the group was launched to “deliver high-quality HR services through...

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