Today in B2B payments, TurnKey Lender and VoPay collaborate to digitize lending, while TreviPay and Compaynet partner on trade credit. Plus, cryptocurrency treasury management platform Coinshift raises $15 million in a Series A funding round, and fashion supply chain platform Fashinza grabs $100 million in...
Smaller companies tend to see their digitization efforts as an avenue to eliminate manual processes and cut costs, according to “Business Payments Digitization,” a PYMNTS and Corcentric collaboration based on a survey of chief financial officers (CFOs) from firms that generate between $400 million and...
B2B payment and credit management company TreviPay has teamed up with payment processor Compaynet to power its B2B trade credit product. “Furthering its mission to simplify e-commerce payments, Compaynet can now enable their clients to offer instant, embedded B2B credit terms to business customers,” TreviPay...
When you’re repairing a home, speed is essential. Whether the homeowner is a consumer or an institution, they want the repairs done quickly. For a company orchestrating the repairs, that means getting the work identified, estimated and signed off on and then getting a contractor...
In the B2B realm, wire payments remain a mainstay, and perhaps the less said about checks, the better. In an age of hyper-competition between firms, especially in the gig economy where platforms promise speed and transparency when interacting with individuals, contractors and small- to medium-sized...
Today in B2B payments, EnKash is looking to cash in on the $500 billion spend management market in India, while buy now, pay later (BNPL) gets suppliers paid faster and helps bridge the funding gap. Plus, APIs allow businesses to make B2B payments innovations more...
As financial institutions (FIs) and eCommerce businesses see the need to optimize payment capabilities with accurate and efficient processes, there’s a solution that will help them do so quickly: application programming interfaces (APIs). APIs are computing interfaces that build integration and efficient communication between the...
When it comes to digitizing business payments in the way that we’ve observed the digital transformation of retail — well, everyone talks about it. Getting there, and rendering payments invisible, is another thing entirely. Chad Wallace, two months into his new role as executive vice...
Today in B2B payments, AP automation is making a big difference in the construction industry, while Sage acquires Futrli to help SMBs and accountants manage their finances. Plus, the increasing reliance on the cloud puts more focus on digital identities, and Nigerian FinTech Tingo merges...
