B2B Payments

B2B Payments
Small Businss Banking Secures New FinTech Unicorn
May 08, 2020

There may be talk of a venture capital slowdown, but B2B FinTech saw a busy week, with more than $280 million raised. Investors found promise in startups that target financial institutions (FIs) with software to improve their own services, as well as FinTechs that offer...

B2B Payments
Fitness Centers Stretch Their Business Models, Build New Strengths Amid COVID-19 Pandemic
May 08, 2020

Shuttered gyms are seeing memberships and on-site retail sales plummet, prompting many to shift their services online. But an absence of seamless digital payment experiences to complement these virtual offerings can deter customers from even signing up, says Ryon Packer, chief product officer at payment...

B2B Payments
linked2pay’s Customer Connect To Combat Late Invoices With Automation
May 07, 2020

Risk management and payment technology provider linked2pay has debuted a new service, CustomerConnect, that is intended to cut down on late invoice payments, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Greensill To Drop Clients Abusing SCF To Lengthen B2B Terms
May 07, 2020

With “formal notice” provided to its clients that demand lengthier payment cycles, supply chain finance company Greensill said it has provided a last warning to firms that use its offerings to extend small business payment terms further than 30 days. Get the Full Story Complete the...

B2B Payments
New DBS Card Offers Contactless Payments For Logistics Companies
May 07, 2020

The new DBS Logistics Purchasing Card aims to save time and help prevent the spread of coronavirus for logistics companies with a cashless, contactless interface, according to a press release on Thursday (May 7). Get the Full Story Complete the form to unlock this article...

B2B Payments
WEX Tries To Back Out Of Optal, eNett Deal Due To Pandemic
May 07, 2020

After inking a definitive agreement in January to acquire B2B optimization firm Optal and B2B travel payments company eNett, WEX Inc. said in its Q1 results on Thursday (May 7) that the pandemic, and conditions stemming from it, “have had, and continue to have, a...

B2B Payments
Process Mining Goes After The B2B Payments Bottlenecks
May 07, 2020

Data analytics technologies like artificial intelligence and machine learning continue to move swiftly into accounts payable (AP) and accounts receivable (AR) departments. From businesses just beginning their digital transformation journeys, to those more advanced along the path, these tools can be a valuable way to...

B2B Payments
AR-AP Link To Ease Cash Flow, Strengthen Buyer-Supplier Relations
May 07, 2020

As calls grow louder for corporate buyers to maintain responsible supplier payment habits, the opportunity for the buyer-supplier relationship to make or break the success of a company grows, too. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Preserving Check Workflows Can Ease B2B Payments Digitization
May 07, 2020

Although a recent uptick in B2B payments innovation has accelerated corporates’ migration away from the paper check, old habits die hard, and the legacy payment tool remains a mainstay in the accounts payable (AP) department. Get the Full Story Complete the form to unlock this...