As businesses consider digital payments innovation, one of the key impediments they face is a lack of in-house knowledge about the technologies they’re looking to adopt. Twenty-eight percent of businesses reported that they have a difficult time obtaining and retaining the key staff they need...
Today in B2B payments, partners offer more reliable payments than discounts in the B2B sector while Dallas Venture Capital closes $80 million fund for tech startups. Plus, Emiza raises $4.8M for supply chain services, corporate customers present more money management frictions than typical consumers and...
Deep thinkers in the payments sector and their tech counterparts have worked tirelessly to perfect consumer experience, while B2B payments got less attention. Then, like someone who hit “snooze” and bolted awake running behind, B2B is now innovating like mad. Next-generation B2B payments are embracing...
International credit bureau CRIF will be working with Penny, an invoice financing provider, to let more U.K. businesses get instant invoice payments, a press release said Thursday (May 26). This will help small- to midsize enterprises based in that country, the release said, with the...
Blockchain-enabled B2B payments firm Paystand is rolling out automatic billing and payment features for NetSuite AR to accelerate time to cash, eliminate transaction fees, and simplify billing. The new features drive advanced functions for accepting minimum deposits for quotes and also provide an automatic conversion...
Today in B2B payments, Pemo launches an all-in-one spend management platform, while Westpac and 10x launch a transaction banking platform. Plus, JABU gets $15 million for Namibia B2B eCommerce and new Fundbox Flex Visa helps SMBs manage their spending and access working capital. 10x, Westpac...
Faced with mounting economic pressure, small-to-midsized businesses (SMBs) are showing more and more interest in getting paid more predictably, according to the “Money Mobility Tracker,” a PYMNTS and Ingo Money collaboration. Get the report: Money Mobility Tracker While SMBs often offer discounts and incentives to...
Financial institutions (FIs) are pressed to address a number of key business-to-business (B2B) payment frictions, and many are currently working on or planning to work on digital solutions to these challenges. Money management, invoices and payments, data management and providing supplier portals are top concerns...
Paying the bill used to be something you did at the end of a journey, or an interaction, or when an agreement had been struck — a fixed moment in time where funds changed hands. Now payments are an experience, or are woven so tightly...
