B2B payments specialist Adflex is expanding its partnership with Mastercard by offering Click to Pay to its merchants, according to a company press release Wednesday (May 18). The company’s merchant customers can now use its platform to simplify eCommerce transactions, encourage faster payments, improve supplier-buyer...
Data can help B2B payments more fully enter the digital age. Jennifer Petty, managing director, treasury product at Bank of America, told PYMNTS in an interview that coming out of the pandemic, getting rid of paper checks has become an increasingly important goal for commercial...
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...
