B2B

Business-to-business is a situation where one business makes a commercial transaction with another. This typically occurs when: A business is sourcing materials for their production process for output .Example- Providing raw material to the other company that will produce output.

(source: en.wikipedia.org)

Shipping Companies Pay Record-High Fees Amid Panama Canal’s Reduced Capacity
Shipping Companies Pay Record-High Fees Amid Panama Canal’s Reduced Capacity
November 22, 2023  |  Shipping

Shipping companies are reportedly paying record-high fees for expedited passage through the Panama Canal. So far this year, these companies have paid a total of...

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Nearly 9 in 10 Manufacturers See Real-Time Payments a 2024 Priority
Nearly 9 in 10 Manufacturers See Real-Time Payments a 2024 Priority
November 22, 2023  |  Faster Payments

Real-time B2B payments are transforming industries in which the number of payment transactions is very high — such as the manufacturing sector. According to a...

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Phare Health Raises $3.1 Million to Expand Financial Operating System
Phare Health Raises $3.1 Million to Expand Financial Operating System
November 22, 2023  |  Investments

Phare Health raised 2.5 million pounds (about $3.1 million) in a seed round to expand its artificial intelligence-native financial operating system for healthcare organizations. The...

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55% of Trucking Companies Emphasize AP Innovation as a Crucial Goal
55% of Trucking Companies Emphasize AP Innovation as a Crucial Goal
November 22, 2023  |  Money Mobility

The trucking industry represents a vital component of the national economy, transporting more than 72% of the nation’s freight by weight. Sustaining this extensive transportation...

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How the Cloud Streamlines Cross-Border B2B Payments
How the Cloud Streamlines Cross-Border B2B Payments
November 22, 2023  |  B2B Payments

Cloud-based innovations are at the forefront of leveling the playing field for international commercial transactions. That’s why PYMNTS sat down with Paul Chang, Head of Payment...

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Walmart Adds Parcel Stations for Faster Home Delivery
Walmart Adds Parcel Stations for Faster Home Delivery
November 21, 2023  |  Retail

Walmart is beginning to add parcel stations to its stores that serve as delivery hubs. The retailer plans to have over 40 parcel stations in...

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Triver Nets $25 Million Debt Facility for Working Capital Solutions 
Triver Nets $25 Million Debt Facility for Working Capital Solutions 
November 21, 2023  |  SMBs

Triver, a working capital provider for small- to medium-sized businesses (SMBs) in the United Kingdom, has secured an additional 20 million pounds (about $25 million)...

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Payhawk Adds Procure-to-Pay Solution to Global Spend Management Platform
Payhawk Adds Procure-to-Pay Solution to Global Spend Management Platform
November 21, 2023  |  B2B Payments

Payhawk, a global spend management platform, launched a solution that enables businesses to automate their procure-to-pay process. The company’s new Purchase Orders system aims to...

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Mastercard and Taulia Partner to Launch Virtual Cards
Mastercard and Taulia Partner to Launch Virtual Cards
November 21, 2023  |  Partnerships

Taulia, a provider of working capital management solutions, has partnered with Mastercard to launch Taulia Virtual Cards. The new solution aims to simplify B2B payments...

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