Commercial Payments

Commercial Payments
73% of Firms Say AP Automation Improves Cash Flow
February 06, 2024

Businesses are expecting a significant increase in both payments made and invoices delivered over the next three years. In fact, on average, firms — regardless of size or industry — anticipate a 50% increase in payments made and a 46% increase in invoices delivered.  The...

Commercial Payments
Flexibility Helps Evolve B2B Relationships as Firms Tap Digital Innovations
November 02, 2023

In challenging times, commercial firms need to get creative about the way they do business. Luckily for business-to-business (B2B) players large and small, creativity often springs from flexibility — and digital innovations like buy now, pay later (BNPL) solutions, real-time payments, and the use of...

Commercial Payments
UK Financial Regulator Grants Mangopay E-Money Banking License
November 01, 2023

Luxembourg-based FinTech Mangopay has been granted an electronic money institution (EMI) license by the U.K. Financial Conduct Authority (FCA), the company announced in a Wednesday (Nov. 1) blog post. This license allows the business-to-business (B2B) payment infrastructure provider, which supports over 2,500 platforms and marketplaces worldwide, to...

Commercial Payments
TPA Stream Introduces Consolidated Invoicing Solution for Third-Party Administrators
October 31, 2023

TPA Stream, an insurance technology software company, has introduced a consolidated invoicing product for third-party administrators (TPAs). This solution allows administrators to generate a single invoice for all the services they provide, including CDH/COBRA administration, transit, cafeteria plans, medical premiums and retirement benefits fees, TPA...

Commercial Payments
Fiserv and Melio Partner to Help Banks Serve Small Businesses
October 23, 2023

Fiserv, a global provider of payments and financial services technology solutions, has partnered with Melio, a B2B payments platform, to help financial institutions streamline accounts payable and receivable for small businesses. This collaboration has launched a comprehensive solution called CashFlow Central, available from Fiserv, that is designed...

Commercial Payments
Zuora and Sovos Offer Automated eInvoicing Solution for Businesses
October 20, 2023

Zuora, a monetization suite for modern businesses, has partnered with Sovos, a global compliance technology solutions and services provider, to help global businesses meet eInvoicing mandates. The partnership, announced Thursday (Oct. 19), aims to assist companies in complying with fast-approaching e-invoicing standards, which vary by...

Commercial Payments
Square Launches 10 New Generative AI Features to Assist Businesses
October 18, 2023

Square has announced the launch of 10 new generative AI features that aim to assist businesses of all sizes, the company announced Wednesday (Oct. 18). These tools are integrated into Square’s business software and provide sellers with the ability to automate operations, streamline workflows and...

Commercial Payments
RoadSync Introduces Logistics Platform With Real-Time Payments Option
October 16, 2023

RoadSync, a FinTech for the supply chain, has launched RoadSync Pay, a platform designed to modernize logistics payments for brokers and carriers. With RoadSync Pay, brokers can schedule and automate payments to their carriers and factoring companies, according to a company press release Monday (Oct....

Commercial Payments
Intuit Launches QuickBooks Bill Pay to Automate AP Process
October 16, 2023

Intuit, the financial technology platform, has announced the launch of QuickBooks Bill Pay, which aims to transform bill pay for businesses while delivering accounts payable (AP) automation. This integration within the QuickBooks platform allows businesses to seamlessly track and pay bills, eliminating the need for...