B2B Payments

B2B Payments
TD To Buy Wells Fargo’s Canadian Direct Equipment Finance Business
January 14, 2021

The Toronto-Dominion Bank (TD) and Wells Fargo have unveiled a deal through which TD will buy the Canadian Direct Equipment Finance operation of Wells Fargo, which is “subject to certain closing conditions,” according to a Thursday (Jan. 14) announcement. Get the Full Story Complete the form...

B2B Payments
Today In B2B: Citi Names New TTS Head; Rho Adds AP To Business Banking
January 14, 2021

Today in B2B payments, Citi announces its news Treasury and Trade Solutions (TTS) head, while Rho lands new funding and adds accounts payable to its business banking technology. Plus, Medius collaborates on invoice management, TravelPerk acquires NexTravel, and Sweep lands funding for T&E tools. Get...

B2B Payments
RTP Picks Up Pace With Corporates, While CBDCs Raise Banker Doubts
January 14, 2021

The Clearing House’s real-time payments offering, the RTP® network, continues to gather steam with financial institutions (FIs), FinTechs and their business customers in this week’s Payment Rail Innovation roundup. Plus, new concerns mount in Sweden over the rise of Central Bank Digital Currencies and their...

B2B Payments
The Diamond Industry Polishes Its B2B eCommerce Strategy
January 14, 2021

Like so many industries today, the diamond sector continues to struggle with supply chain digitization. The process of B2B procurement between diamond vendors and jewelry retailers is often stuck on legacy processes like phone calls, emails and paper check payments, creating the same kinds of...

B2B Payments
Finance Teams Surmount The Barriers To Custom Automation
January 14, 2021

When it comes to the ever-persistent build-versus-buy debate, the “buy” decision is becoming a more obvious choice for many firms within their digitization journeys. That’s particularly true for smaller organizations with fewer resources and a lack of internal expertise to develop proprietary apps and other...

B2B Payments
Sweep Raises $1.2 Million For Finance Management Tools
January 13, 2021

Sweep, which works in expense and travel management for small- to medium-sized businesses (SMBs), announced Wednesday (Jan. 13) that it hit its 2020 funding target, with around 1 million euros (about $1.2 million) in investments and grants this year, according to a report from EU-Startups....

B2B Payments
Rho Technologies Raises $15 Million For AP Integration
January 13, 2021

Rho Technologies, the FinTech behind Rho Business Banking, has raised $15 million in a Series A round, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Medius And Pagero Team On Digital Invoice Management
January 13, 2021

Expense management technology provider Medius and international eDocument service company Pagero have collaborated to help companies handle digital invoices. The new collaboration lets their joint customer base get and handle digital invoices in different formats throughout the world, according to a Wednesday (Jan. 13) announcement....

B2B Payments
Business T&E Management Firm TravelPerk Buys NexTravel
January 13, 2021

International travel management company TravelPerk has unveiled its acquisition of California-based NexTravel to help with its continuing growth roadmap in the American market. The deal will encompass the latter company’s infrastructure, client base, inventory, staffers and U.S. market knowledge, according to a Wednesday (Jan. 13)...