B2B Payments

B2B Payments
Nium and Thredd Launch APAC Virtual Card Partnership
April 24, 2024

Cross-border payments platform Nium and payments processor Thredd have expanded their partnership. As Thredd said in a Wednesday (April 24) news release, this expansion will allow Nium issue virtual cards in the Asia-Pacific (APAC) region. “APAC presents a substantial opportunity for global travel intermediaries that will in turn spur robust...

B2B Payments
Standard Chartered and Visa Partner on Cross-Border B2B Payments
April 23, 2024

Standard Chartered has partnered with Visa to facilitate cross-border B2B payments for the bank’s corporate clients.  The bank has joined the Visa B2B Connect multilateral payment network and has become Visa’s new settlement partner for a set of currencies, the companies said in a press release emailed to PYMNTS....

B2B Payments
Virtual Cards Set to Transform Buyer-Supplier Relationships
April 23, 2024

Management guru Peter Drucker once said that “wherever you see a successful business, somebody made a courageous decision.” That’s the spirit behind the Certainty Project, a study from PYMNTS Intelligence highlighting the implications of decision-making in financial operations.  And according to a recent panel discussion of industry heavyweights...

B2B Payments
Zil US Enables Swedish Businesses to Open US Payment Accounts
April 22, 2024

Zil US said Monday (April 22) that its B2B payment platform facilitates global business growth by allowing Swedish entrepreneurs and freelancers to open U.S. payment accounts remotely. The platform also makes it easier for Swedish businesses to pay U.S. vendors, affiliates, employees and partners, the...

B2B Payments
GoCardless Integrates A2A Payments App With Intuit QuickBooks in US
April 22, 2024

Global bank payment company GoCardless has launched an integration with Intuit QuickBooks in the United States. This regional integration builds on the existing relationship the two companies have in the United Kingdom, GoCardless said in a Monday (April 22) press release. The GoCardless app allows...

B2B Payments
This Week in B2B: Lending Innovations, AI and Digital Payments 
April 19, 2024

The B2B landscape is on the cusp of the next era in payments innovation.  As PYMNTS readers already know, this new and exciting era is being driven by an ongoing digital transformation of historical processes and an electronic streamlining of traditional workflow hiccups.  In order...

B2B Payments
The AP/AR Modernization Mandate: From Self-Assessment to Better B2B Payments
April 19, 2024

Modern technology makes modern business strategies possible. And with the news on Thursday (April 18) that Mastercard is bringing its commercial cards to mobile wallets, gaining a competitive edge by embracing B2B payments innovation is increasingly top of mind for both buyers and suppliers. After...

B2B Payments
Why the World’s Biggest Buyer Relies on Online B2B Marketplaces
April 19, 2024

Digitization is increasingly revolutionizing the B2B landscape with streamlined procurement processes, and even better payments workflows. Don’t believe it? Look no further than the U.S. government, the world’s single largest buyer, which is expanding its $6 billion eCommerce initiative to include more online marketplaces — opening up...

B2B Payments
Ramp Valued at $7.6 Billion Following Series D Round
April 18, 2024

Spend management platform Ramp says it is now a $7.6 billion company. The firm on Thursday (April 18) announced it had reached that valuation as it wound down a $150 million Series D-2 funding round. “This new funding will allow us to triple down on the next wave of innovation...