Today in B2B payments, Office Depot strengthens its B2B eCommerce strategy with an acquisition, while Brex pursues a bank charter. Plus, Walmart Canada goes on the defensive over supplier fees, humm launches buy now, pay later for small businesses, and BCB Group rolls out a...
When it comes to supplier payment terms, there is often a tug-of-war at play. On one side, corporate buyers are looking to lengthen their vendor payment timeframes as long as possible to be able to hold onto capital longer. On the other end are the...
As the B2B payments landscape continues to make headway on the digitization front, not all industries are able to benefit from the modernization push. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Many business models have evolved and adapted during the pandemic, and virtual fashion buying platform Joor is one of them. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
BCB Group, which works in global digital finance, has rolled out a new program to help get corporate treasury departments to embrace digital assets, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
The CEO of Walmart Canada and another top executive are publicly defending the chain’s new assessment on suppliers of a 1.25 percent fee on all goods, and an additional 5 percent fee on eCommerce sales, Canada’s Financial Post reported. Get the Full Story Complete the...
The ODP Corporation, the corporate parent of Office Depot and OfficeMax, has acquired BuyerQuest Holdings, which operates in the procure-to-pay space, the companies announced in a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
Today in B2B payments, Deutsche Bank launches a B2B payments platform in Thailand, and RowanPay introduces a blockchain B2B payments network. Plus, Beeline collaborates on hiring managers’ spend management, OneSource Virtual debuts early wage access via payroll card and corporate confidence goes on the upswing....
Though it was not the most lucrative week for B2B FinTech funding, the latest investment rounds came from a variety of markets, including Saudi Arabia and Sweden. Newly backed technologies include solutions for the accounts payable (AP) and accounts receivable (AR) side of B2B transactions,...
