B2B

  • Revolution Payments Expands Service To Lower Biz Card Fees

    December 11, 2019 commercial payment cardThe interchange fees associated with commercial card acceptance are the latest target of commercial card optimization company Revolution Payments, which announced a new service designed to further reduce that burden ...
  • WAYV Offers Line Of Credit For Cannabis Firms

    December 11, 2019 WAYV Offers Line Of Credit For Cannabis FirmsCannabis logistics startup WAYV has launched a payment solution for the cannabis supply chain, according to a report. The goal of the initiative is to reduce reliance on actual cash and ...
  • Kroger, Walgreens Pool Resources In Retail Procurement Alliance

    December 11, 2019 Kroger, Walgreens Pool Resources In AllianceKroger and Walgreens are expanding their partnership to create a new group purchasing organization (GPO) called the Retail Procurement Alliance, which will pool resources to cut costs and advance innovation, ...
  • What Treasurers Want From Bank APIs

    December 11, 2019 dataCompanies often use multiple banking portals, causing headaches for corporate treasurers who must manually pull data from all these sources. But giving treasurers application programming interface (API) solutions could be ...
  • SMBs Remain Hot Spot For Open Banking Business Models

    December 11, 2019 Open Banking Continues SMB FocusAs the open banking business model permeates into the B2B financial services market, FinTechs and traditional financial institutions continue to find new use cases for API integrations and connectivity to ...
  • Cannabis Shows Early Signs Of Late Supplier Payments Struggle

    December 11, 2019 The gradual legalization of cannabis in the U.S. and elsewhere has opened up an opportunity not only for new businesses to form, but for those young companies to leapfrog over ...
  • The Architecture Of A Cross-Border B2B Payment

    December 11, 2019 For years, any attention given to solving B2B payments friction was typically focused on the payer. Yet, as innovators have chip away at friction points, they have recognized the value ...
  • Pear Raises $160M To Back Seed-Stage Startups

    December 10, 2019 Pear Raises $160M To Back Seed-Stage StartupsVenture capital firm Pear has announced $160 million in new fundraising to fuel its next wave of investments, with a focus on seed-stage B2B startups. According to reports on Tuesday (Dec. ...
  • Telleroo Integrates B2B Payments Function For SMB Accountants

    December 10, 2019 accounting, corporate accountantsTelleroo, a U.K.-based FinTech specializing in facilitating payments for small business accountancy firms, is partnering with BIN (bank account identification number) sponsor Moorwand to further streamline the payments experience for ...
  • Usio Broadens Footprint In B2B Invoice Payments Market

    December 10, 2019 invoice marked paid laptop screenAccounts payable invoice automation provider Invoice Stream is integrating its technology into payments services provided by Usio. Usio announced the collaboration in a press release Tuesday (Dec. 10), noting that Usio’s PayFac-in-a-Box ...
  • Survey: Cross-Border B2B Payments Growth Raises Fraud Risk

    December 10, 2019 Fraud and data security are quickly climbing to the top of accounts payable (AP) professionals’ list of concerns, according to new data from Levvel Research. Commissioned by AP automation solution provider ...
  • How Order To Cash Eases Cash Flow Woes

    December 10, 2019 online business paymentsPaper — it’s like the nightmare we can’t wake up from. In 2019, 42 percent of B2B invoices were paid by paper check. Add to that image, this one: PYMNTS research ...
  • Tackling The Moving Target Of Cross-Border B2B Payments Friction

    December 10, 2019 Although cross-border B2B payments have progressed into an area of financial services in which both traditional and FinTech players are innovating, moving money across borders between businesses is a feat ...
  • How AR-AP Connectivity Tightens The Buyer-Supplier Relationship

    December 10, 2019 B2BThe convergence of accounts payable (AP) and accounts receivable (AR) continues as banks and FinTechs collaborate on new solutions that pull double-duty, tackling friction for both payers and payees. The latest ...
  • Fifth Third’s Two Cents On Treasury APIs

    December 10, 2019 Financial institutions (FIs) are locked in competition as they seek to serve the $38 trillion global business-to-business (B2B) payments sector, which could use some major changes: B2B payments too often ...
  • MRI Software Adds AP Capabilities For Real Estate Users

    December 9, 2019 Real estate accounts payable (AP) solution provider Nexus is expanding its partnership with MRI Software to integrate supplier payment functionality within MRI’s real estate solutions. In a press release issued Monday ...
  • Questions Over Whether UK’s Starling Bank Will Hit SMB Loan Target

    December 9, 2019 London’s digital bank startup Starling Bank has loaned just 1 percent of the amount it has pledged to give to small and medium-sized businesses (SMB) over the next five years, ...
  • SEC Eyes Trade Finance FinTech For Ponzi Scheme Activity

    December 9, 2019 IIG License Revoked By SEC For Alleged Ponzi Scheme ActivityInternational Investment Group (IIG), which provides loans to small and medium-sized businesses (SMBs), lost its license after the U.S. Securities and Exchange Commission (SEC) revoked it for “a string of ...
  • Funding Round Could Give AvidXchange $2B Valuation

    December 9, 2019 Funding Could Give AvidXchange $2B ValuationAutomated business payments processing firm AvidXchange is launching a new fundraising round that could give the firm a $2 billion valuation, The New York Times reported on Monday (Dec. 9), ...
  • SMBs’ Late Payments Pain Spreads Across Borders

    December 9, 2019 SMBs' Late Payments Pain Spreads Across BordersIn the fight against late B2B payments, the U.K. is perhaps the most vocal – both about its progress and its struggles. Most recently, Paul Uppal, the U.K.’s former small business ...
  • Credit Unions Find Opportunity In Payments Disruption

    December 9, 2019 Credit unions are underdogs in a financial services space still dominated by major traditional banks, particularly when it comes to small business (SMB) lending and payments. However, credit unions have ...
  • Payments’ Role In Innovating Appointment-Based Businesses

    December 9, 2019 appointment based businessAlthough the health, beauty and wellness services industries tend to get lumped together, a closer look at the demands across these segments reveals there is no such thing as a ...
  • UK Lender B-North Looks For £1.75M In Funding

    December 8, 2019 venture capital crowdfundingUK-based business lender B-North is looking to raise £1,750,000 ($2.3 million) through an equity crowdfunding campaign on Crowdcube, offering 10.94 percent in equity at a £14,247,942 ($18.7 million) pre-money valuation. “B-North ...
  • MessageXchange Launches PEPPOL-Certified eInvoicing In Australia, New Zealand

    December 8, 2019 MessageXchange australiaMessageXchange has announced that it is the first PEPPOL-certified eInvoicing Access Point service provider in Australia and New Zealand. Earlier this year, Australia and New Zealand announced that they were both ...
  • RBC Says Amazon’s B2B Unit Will Be Worth $31B By 2023

    December 6, 2019 RBC Says Amazon’s B2B Unit Will Be Worth $31B By 2023Royal Bank of Canada (RBC) Capital said there’s an overlooked part of Amazon’s ecosphere of services that’s being casually overlooked but will be extremely profitable for the company in the ...
  • Australian B2B FinTech Tyro Is Bright Spot In IPO Debut

    December 6, 2019 Australian FinTech Tyro Bright Spot In IPO DebutAustralian B2B FinTech Tyro Payments recently listed on the Australian Securities Exchange (ASX) and saw its share price increase 29 percent above its IPO price on the first day, according ...
  • On-Demand Payroll Leads B2B FinTech Funding

    December 6, 2019 On-Demand Payroll Leads B2B FinTech FundingThis week saw B2B FinTechs targeting a range of pain points for business customers around the world, as investors put nearly $462 million in combined funding into the space. From ...
  • Trade Credit: When ‘Status Quo’ Means It’s Time For A Change

    December 6, 2019 For Eyal Shinar, CEO of Fundbox, understanding the burden that cash-flow bottlenecks and delayed invoice payments have on B2B companies came through personal experience. His mother, who owned a small staffing ...
  • Xero Highlights South Africa’s Late Payments Surge

    December 6, 2019 New analysis from small business (SMB) accounting platform Xero is calling attention to the late B2B payments epidemic in South Africa. Gadget reported on Thursday (Dec. 5) that late payments to ...
  • Chase, Workiz Add Same-Day Payouts For In-Field Workers

    December 5, 2019 Chase, Workiz Add Same-Day PayoutsIn-house payments processing solution provider Workiz is targeting the field worker arena with its newest solution, WorkizPay. The tool, announced via press release on Thursday (Dec. 5), allows field service professionals ...
  • CULedger Debuts Credit Union Payments Exchange

    December 5, 2019 Credit union service organization CULedger has debuted its financial exchange for credit unions using R3’s Corda blockchain technology, the firms said in a press release Thursday (Dec. 5). Dubbed CUPay, the ...
  • AvidXchange Targets Banks’ B2B Payments Friction With AvidPay

    December 5, 2019 Commercial payments technology company AvidXchange is connecting banking clients to its AvidPay B2B payments network through a new integration. The company announced on Thursday (Dec. 5) in a press release ...
  • Accounts Payable’s Opportunity To Become A Profit Center

    December 5, 2019 There’s much discussion about the friction associated with traditional, manual, paper-based accounts payable (AP) processes, as well as about technology’s opportunity to address pain points. The opportunity to help AP professionals ...
  • Finding Salve For Business Payments Pain — From Expense To AP

    December 5, 2019 Understanding businesses’ biggest payment pain points requires a wide line of sight. After all, money exits a company through more than one avenue, whether it be via the accounts payable ...
  • How Commercial Cards Can Deliver On The Promise Of Faster Supplier Payments

    December 5, 2019 How Virtual Cards Can Deliver Faster PaymentsThe creation of the credit card infrastructure 60+ years ago initially had only the consumer in mind, but recent history has shown that investments in card technology have helped the card-based ecosystem ...
  • India’s Marg ERP Develops B2B ePayment Platform

    December 4, 2019 India-based Marg ERP — which provides enterprise resource planning, inventory management and accounting technology to businesses — is reportedly developing an electronic B2B payments platform. Reports in The Hindu on ...
  • Finexio Lands $2.5M For Accounts Payable Tech

    December 4, 2019 Finexio Lands $2.5M For Accounts Payable TechAccounts payable FinTech Finexio has announced $2.5 million in new funding from new and existing investors. In a press release, the company said a range of backers participated in the funding ...
  • MUFG Links With Recruit For Possible B2B Digital Currency

    December 4, 2019 MUFG BankJapan’s MUFG Bank has confirmed a joint venture with human resources company Recruit Holdings, according to CoinDesk reports Wednesday (Dec. 4), with separate reports noting that the collaboration aims to ...
  • Invoiced Integrates Payment Processing Via Chase

    December 4, 2019 Invoiced Integrates Payment Processing Via ChaseAccounts receivable (AR) automation firm Invoiced is integrating payment processing functionality through a collaboration with Chase and WePay. In a press release on Wednesday (Dec. 4), Invoiced announced the launch of ...
  • Finserv Providers Embrace New Rails For Faster B2B Payments

    December 4, 2019 Finserv Providers Embrace New Rails For B2BRecent analysis from Juniper Research found that blockchain-powered cross-border B2B payments are expected to reach a $4.4 trillion valuation by the end of 2024, and $191 billion by the end ...