B2B

  • WEX To Buy Travel Startup eNett, B2B Firm Optal

    January 24, 2020 FinTech payments firm WEX is closing a deal to acquire business-to-business (B2B) travel payments startup eNett and B2B optimization company Optal, WEX announced on Friday (Jan. 24). The $1.7 billion agreement ...
  • How Auto Collision Repair Shops Can Avoid A Cash Flow Wreck

    January 24, 2020 Auto Collision Repair Shops And Cash FlowCash flow management remains a major headache for small companies of all kinds, preventing many firms from making payroll, paying bills or even staying in business. Getting a handle on ...
  • Small Firms Face The Downside Of Economic Growth

    January 24, 2020 Corporate finance professionals are split on the future of the U.S. economy. The Deloitte CFO Signals Survey was released earlier this month, and researchers found nearly all chief financial officers at ...
  • B2B FinTechs Start 2020 Strong With More Than $1B In VC Funding

    January 24, 2020 While businesses have more sources of capital than ever before, from bank loans to initial coin offerings to alternative online investments, experts are urging small to medium-sized businesses (SMBs) to ...
  • This Week In Payments: Davos, China X-Border Commerce And Talk To (And Pay With) The Hand

    January 24, 2020 While there was no shortage of goings on this week, the eyes and ears of the payments, commerce and finance enthusiasts were more likely trained on the goings on in ...
  • Cannabis Co MedMen Forced To Offer Shares To Vendors Amid Cash Crunch

    January 24, 2020 Cannabis Co MedMen Forced To Offer Shares To Vendors Amid Cash CrunchMarijuana retail company MedMen is in the midst of a cash crunch in the industry, and it has been offering its vendors shares in the company in lieu of payment, ...
  • LSQ Introduces FastTrack For Invoice Funding 

    January 23, 2020 LSQ Introduces FastTrack For Invoice FundingIndependent invoice financing company LSQ has launched a new supply chain finance platform called LSQ FastTrack, according to a press release. The offering is meant for companies of all sizes, and ...
  • Chase, United Co-Brand New Business Credit Card

    January 23, 2020 Chase, United Airlines, business credit card, cash-back, bonus miles, business travelChase and United Airlines are teaming up to launch a new United Business Card, offering 100,000 bonus miles for first-time users, the companies announced Thursday (Jan. 23). The card is intended ...
  • MUFG Intros Corporate Real-Time Payments 

    January 23, 2020 The Clearing House ACHMUFG Union Bank is now offering business customers real-time payments on The Clearing House (TCH) RTP network, MUFG announced on Thursday (Jan. 23). The RTP network provides instantaneous payments that allow ...
  • The Risky Business Of SMBs’ Crypto Adoption

    January 23, 2020 Cryptocurrency went from dark-web danger to high-tech investment opportunity seemingly overnight, and, as more consumers seek to use digital currency, more businesses are stepping into the space. The adoption of cryptocurrency ...
  • Banks’ Biggest Real-Time Liquidity Challenges

    January 23, 2020 Banks’ Biggest Real-Time Liquidity ChallengesFaster and real-time payments capabilities continue to proliferate in the global financial services arena, and consumers aren’t the only beneficiaries of the trend. Corporates, too, are beginning to explore opportunities ...
  • Payment Tools Find Middle Ground Between Buyer, Supplier

    January 23, 2020 As more accounts receivable (AR) and accounts payable (AP) solution providers consider the other side of a B2B transaction, businesses increasingly discover that payment methods are an important part of ...
  • Accenture Introduces Blockchain Procurement Solution

    January 22, 2020 Accenture Introduces Blockchain SolutionAccenture has a blockchain solution that just went live, according to a press release. The company said it works with many suppliers all over the world, and as its business grows ...
  • SMB Lender Liberis Raises £32M

    January 22, 2020 B2B Lender Liberis Raises £32MLiberis, a London-based FinTech that lends to small- to medium-sized businesses (SMBs) for future credit and debit card sales, has raised £32 million (more than $42 million), according to City ...
  • First Bankcard, Provident Bank Team For Commercial Payments

    January 22, 2020 First Bankcard Partners With Provident BankFirst Bankcard, a division of First National Bank of Omaha, has formed a strategic partnership with Provident Bank, First Bankcard announced Wednesday (Jan. 22). Provident Bank, a New Jersey-based financial institution ...
  • RAKBANK Partners With Mastercard For Commercial Card Solutions

    January 22, 2020 RAKBANK, Mastercard Team On Commercial CardsNational bank RAKBANK, headquartered in the emirate of Ras Al-Khaimah in the United Arab Emirates, has teamed up with Mastercard to introduce corporate payment solutions, Zawya reported Wednesday (Jan. 22). The ...
  • Enticing Suppliers, Buyers To Embrace The Commercial Card

    January 22, 2020 Commercial cards remain only a fraction of the B2B payments space, but FinTech firms, banks and other financial service providers continue to develop new solutions aimed at boosting adoption. For companies ...
  • How Diversified Funding Readies India’s Startups For The Future

    January 22, 2020 India’s technology startup community is enjoying its moment in venture capitalists’ spotlight. Analysts at Tracxn recently calculated that tech startups in the country raised a combined $14.5 billion last year, a ...
  • JPMorgan Targets Smaller Companies In Japan

    January 21, 2020 JPMorgan Targets Smaller Companies In JapanJPMorgan Chase is introducing a new initiative in Japan, where it is actively vying for business from mid-sized companies, according to a report in the Financial Post. Japan is the latest ...
  • Startup Expend Intros SME FinTech Marketplace

    January 21, 2020 small business softwareLondon-based expense management startup Expend is introducing a FinTech marketplace to support small to-medium-sized enterprises (SMEs), the company announced on Tuesday (Jan. 21). The new marketplace was launched solely for Expend’s ...
  • B2B Neobank Qonto Gets $115M In Series C Round

    January 21, 2020 B2B Neobank Qonto Gets $115M In Series C RoundQonto, a French startup Neobank that caters to B2B clients, has raised $115 million in a Series C funding round led by DST Global and Tencent, according to a report. ...
  • Newly Funded Flutterwave Becomes WorldPay’s First African Partner

    January 21, 2020 AfricaSilicon Valley and African FinTech startup Flutterwave closed a $35 million fundraising round and announced partnerships with WorldPay and Visa as it plans expansion on the continent, according to reports ...
  • ACI Taps Bancorp, Visa For Real-Time Payments

    January 21, 2020 ACI Worldwide Visa partnerACI Worldwide is working with The Bancorp’s Direct Rapid Funds platform — powered by Visa Direct — for real-time corporate disbursements, The Bancorp announced on Tuesday (Jan. 21).  “The surge in ...
  • The Gig Economy Drives The Next Major Payroll Disruption

    January 21, 2020 gigThe payroll has not seen much disruption since the introduction of direct deposit to accelerate workers’ access to earned wages. But a new generation of workers is now driving monumental ...
  • Accelerating Accounts Receivable Starts With The Invoice

    January 21, 2020 Accelerating AR Starts With The InvoiceLate payments are a threat to any business, but especially for smaller firms, longer days sales outstanding (DSO) timeframes can be a company killer. The risk of late payments has opened ...
  • Bank-FinTech Tie-Ups Continue Despite SMB Skepticism

    January 21, 2020 While Open Banking initiatives and data integrations between banks and FinTech firms have begun to target corporate and small business (SMB) end users, new research out of the U.K. has ...
  • Proposed UK Bill Aims To Crack Down On Late Payments

    January 21, 2020 Proposed UK Bill Cracks Down On Late PaymentsLabor peer Lord Jonathan Mendelsohn, a member of the House of Lords of the British Parliament, has introduced a bill to combat late payments and to help make the small ...
  • Supplier Network Co scoutbee Gets $60M In Series B Round

    January 20, 2020 suppliersSupplier discovery platform scoutbee has raised $60 million in a series B funding round led by Atomico, with Lakestar, Next47, HV Holtzbrinck Ventures, 42CAP and Toba Capital all participating, according ...
  • DBS Introduces QR Code Product For B2B Payments 

    January 20, 2020 DBS Introduces QR Code Product For B2B PaymentsSingapore-based financial services company DBS has launched an industry-first, QR code-based solution for B2B payments and collections, the company announced on Monday (Jan. 20). The product was created based on information ...
  • FLEETCOR: FTC Allegations ‘Without Merit’

    January 20, 2020 link back to initial news on PYMNTS about FTC lawsuitThe Federal Trade Commission (FTC) has filed a suit against Georgia fuel card firm FLEETCOR, alleging that it bilked customers out of millions of dollars in hidden fees, a charge ...
  • Oscar Health’s Tech-First Focus For Accelerating B2B Healthcare Payments

    January 20, 2020 Oscar Health On B2B Healthcare PaymentsHealth insurance companies can take weeks — or months — to reimburse physicians, leaving some so frustrated that they refuse to accept insurance plans at all. And that’s pressuring insurers ...
  • How Crowdfunding Aims To Fill SMBs’ Community Banking Gaps

    January 20, 2020 piggy bankCommunity banks are often the familiar faces of the financial services world, and when small businesses seek capital, their neighborhood financial institution can be a promising place to start. While they ...
  • Considering The Surcharge Path To Commercial Card Adoption

    January 20, 2020 The Surcharge Path To Commercial Card AdoptionThough adoption is on the rise, commercial cards still hold only a fraction of the corporate payments market — and an even smaller share of transaction volumes in accounts payable ...
  • Late Payments Cause Cash Flow Pain From UK To India

    January 20, 2020 Among other strategies, the U.K. has enlisted a name-and-shame approach to late-paying corporates. Yet analysts agree that the late B2B payments problem continues to worsen. According to recent reports by U.K. ...
  • India’s Online B2B Marketplace Beldara To Expand Globally

    January 19, 2020 India, B2B, online marketplace, global expansion, buyers, suppliers, auction,Mumbai, India-based online business-to-business (B2B) marketplace Beldara is planning a global expansion to link more international suppliers with overseas buyers, reports said on Thursday (Jan. 16). The two-year-old startup connects more ...
  • Cannabis Startup Eaze Struggles To Pay Vendors

    January 19, 2020 Once calling itself the “Uber of pot,” Silicon Valley cannabis startup Eaze is struggling to pay vendors as it searches for a new round of funding, reports said on Thursday ...
  • New Orleans Hack Causes Vendor Payment Delays

    January 19, 2020 new orleans, ransomattack, cyberattack, city hall, vendor payments, B2BThe computer system at New Orleans City Hall is still on the fritz following a cyberattack on Dec. 13 that has stalled vendor payments. It will cost more than $7.2 ...
  • Supply Chain Payments Lead Week’s B2B VC Roundup

    January 17, 2020 With Tradeshift securing a nine-figured fundraise, the supply chain payments company was the undoubted leader of this week’s B2B venture capital fundraise. But the company wasn’t the only B2B FinTech ...
  • Where Faster Payments Fits Between B2B Buyers And Suppliers

    January 17, 2020 Accounts payable (AP) automation technology has hit the ground running, with solutions designed to accelerate invoice processing, optimize payment strategies and promote digital adoption. Yet, with AP solution providers enticed ...
  • Deep Dive: How Securing Customer Onboarding Can Curb Negative Option Billing Subscription Creep

    January 17, 2020 The subscription eCommerce market is a favorite among consumers and businesses, growing more than 100 percent annually for the past five years. Subscription’s promises of recurring revenue streams for companies ...