B2B Payments

Legal spending was once a simple professional-services line item for CFOs. Now it’s an operating problem. Compliance rules, cybersecurity duties, artificial intelligence (AI) governance and a growing patchwork of state ...

Watch more: BILL Webinar | Mary Kay Bowman and Scott Hess The cost of getting paid in B2B commerce is often hiding in plain sight. Finance teams continue to measure payment ...

While community banks have steadily lost market share by almost every conventional metric, they have simultaneously become more systemically important to the parts of the economy that cannot easily be ...

The 21st century business corporation is frequently referred to as a single thing. Its executives speak in the singular: one company, one strategy, one balance sheet. Its annual report gathers ...

The United States does not lack instant payment rails. It lacks a simple, universal front door to them. That is the larger significance of X9.150, a new American national standard for ...

Velocity raised $38 million in a Series A funding round to expand its stablecoin payments and treasury platform designed for global enterprises, according to a Tuesday (July 14) press release. The ...

Few signals across financial services are delivered as clearly and collectively as the ones on what’s become Wall Street’s own “Super Tuesday” for bank earnings. Five of Wall Street’s largest banks ...

CSI acquired Qolo to further its strategy of equipping community banks with commercial banking infrastructure that will help them compete with larger banks. CSI is a provider of end-to-end financial software ...

Small business optimism increased in June, driven by owners’ expectations for better business conditions and sales, the National Federation of Independent Business (NFIB) said in a Tuesday (July 14) press ...

People in Brazil seem to love the Pix instant payment system. The U.S. government is a different story. Last year, the U.S. Trade Representative (USTR) launched a probe into what it called ...

Nothing visibly changed in American payments when the clock struck midnight on Saturday (July 11). Consumers still used cards, bank accounts and cash, and businesses still moved funds through banking ...

As platforms expand the services they offer merchants, financing is emerging as a feature that can be delivered through the same software businesses use every day. The PYMNTS Intelligence report “The ...

U.K.-based remittance provider ACE Money Transfer has launched a cross-border payments partnership with Visa. The collaboration will see the companies promote account funding transactions to support faster and more seamless money ...

Auger raised $50 million in a Series B funding round to accelerate its build of an autonomous operating system for supply chain operations, Auger Founder and CEO Dave Clark said in a Thursday (July 9) post on LinkedIn. The ...

Amazon Business now offers Prime Business customers in Spain some new artificial intelligence-powered features, according to a Monday (July 13) press release translated by Google. The features help purchasing, finance and ...

Stablecoin advocates have argued that blockchain networks can and will solve problems traditional banking never could. Payments would settle in seconds instead of days. Businesses would no longer wait for ...

Small businesses do not need another financial dashboard. They need someone to notice that cash is running low before payroll is due, that a customer is paying later than usual ...

Security controls are designed to stop bad payments, but new data suggested the strongest systems may be the ones customers barely notice. The PYMNTS Intelligence report “When Controls Slow Commerce: The ...

Business clients don’t want to hear that the payment is “in process.” They want to know that the money was moved, the supplier was paid and the bank can prove ...

The race to bring stablecoins into mainstream business finance faces the challenge of whether treasury departments can process them without dismantling the systems that already manage billions of dollars in ...

Digital bank Nubank’s Mexican operation, Nu Mexico, has received authorization to begin operations as a bank and now has 30 calendar days to complete its transformation into a bank, the company said ...

Blockchain finance innovation focused so much on using technology to remove intermediaries that it hasn’t yet had time to ask many different questions. One of the more pressing ones, at ...

Cursor, which has offered coding-focused tools since its founding in 2022, is developing a general-purpose AI agent that would compete with Anthropic’s Cowork and OpenAI’s ChatGPT Work, The Information reported ...

Internet financial platform Circle Internet Group has received approval from the Office of the Comptroller of the Currency (OCC) to establish a national trust bank, the company said in a ...

Stablecoins have drawn attention for how they move money. Custody may prove to be the business that help solidify banks’ positioning in the institutional market. Traditional financial institutions (FIs) already possess ...

OpenAI has begun rolling out a new agent in ChatGPT that is designed for work that is more complex than a typical chat request. The new ChatGPT Work can take action ...

French embedded invoice financing platform Aria has raised $283 million, much of it in debt. The company on Thursday (July 9) announced it had raised $8 million in a Series A extension and ...

Axos Financial subsidiary Axos Nevada Holding plans to acquire Arc Technologies to expand Axos’ artificial intelligence capabilities and enhance its ability to serve small businesses across the United States. The companies ...

Three years after the Federal Reserve launched the FedNow® Service, the instant payment infrastructure serves 1,800 financial institutions, including seven of the 10 largest banks, and reaches over half of ...

Block will pay $45 million to settle allegations from 46 states that the company misled consumers about the safety of its peer-to-peer payments app, Cash App, and failed to provide the fraud protection and ...

The Federal Reserve confirmed this month that digital payments are winning the modernization battle against paper-based ones. For finance teams participating in the ecosystem’s ongoing transformation, however, that’s no longer the ...

Global financial messaging platform Swift says its blockchain-based ledger is ready for use. Seventeen banks are preparing live pilot transactions on the ledger, which supports 24/7 cross-border payments with tokenized deposits, Swift announced Thursday (July ...

Nium has acquired Cypher to further develop Nium as the core infrastructure layer for compliant money movement and value exchange that bridges fiat and digital assets. The acquisition brings together Nium’s ...

For two decades, buying enterprise software meant accepting a vendor’s feature set, paying per seat and hiring specialists to manage the platform. For small businesses, that model often meant paying ...

Federal securities regulators are exploring ways to encourage more companies to go public. To that end, the Securities and Exchange Commission’s Small Business Capital Formation Advisory Committee said it will hold ...

A payments company owned by Trump family cryptocurrency firm World Liberty Financial is up for sale, The Wall Street Journal reported Wednesday (July 8). AI Financial is in discussions to sell ...

Artificial intelligence (AI) agents have arrived, but who is using them across commerce? The software-driven autonomous transaction solutions are adding a new layer to the payments stack, but the marketplace ...

JPMorganChase is focusing on smaller companies as it expands its investment banking operations. The banking giant is launching a small-cap investment banking (SCIB) business, expanding its mid-cap investment banking (MCIB) unit, ...

U.S. Bank has introduced a tool to help small businesses move money faster. Enhanced Payments, announced Wednesday (July 8), is offered through the bank’s mobile app and online banking platform and designed ...

On June 30, an independent company called Open Standard launched a dollar stablecoin, Open USD, and 140 of the biggest names in money signed on. Visa. Mastercard. BlackRock. BNY. Coinbase. ...

The Federal Reserve Board plans to amend its requirements for banks to maintain anti-money laundering (AML) programs to, among other things, require them to focus their AML resources based on ...

Meta has begun rolling out an image generation model available in Meta AI. Muse Image is the first such model developed by Meta Superintelligence Labs, the company said in a Tuesday (July 7) press ...

The old question in B2B logistics was simple: How fast can the shipment get there? The new question is more complicated. And it centers on what the shipment can tell a ...

Payments friction has acquired a price tag. For many finance leaders, delays caused by fraud controls, manual reviews and disconnected payments systems are not confined to mere operational headaches. They now ...

Bank transfers and electronic payments from Saudi Arabia to the United Arab Emirates are in some cases being blocked, while those going through other corridors are operating as usual, Bloomberg ...