Today in B2B payments, OwlTing and Nium debut a B2B cross-border payments initiative, while Versapay and American Express get together to streamline the accounts receivable process. Plus, alliances and relationships are more important than ever amidst supply chain disruptions, and Deluxe and Codat collaborate on...
Blockchain services company OwlTing and digital payments startup Nium have joined forces to power OwlPay, OwlTing’s real-time cross-border payments service. As the companies said in a news release Tuesday (May 10), the new service covers automatic reconciliation, online currency swaps, and cross-border payment services for...
The marketplace’s digital transformation has given rise to new eCommerce ecosystems that highlight the need for payment mechanisms that are secure while matching the real-time imperatives of seamless customer service. New business models born of the digital shift, such as manufacturer-led, direct-to-consumer (D2C) digital storefronts,...
Today in B2B payments, BlueSnap gets a license to help Israeli companies with finances while Australian site Price My Car partners with Nodifi to offer finance solutions. Plus, Mastercard and Enterprise Nation team up on a small business support app and B2B gambling group Aspire...
For B2B technology firms, being able to offer subscription and payment plan flexibility is both a key priority and a challenge. This reality helps explain why billing and subscription management tops the strategic agenda for many technology firms. Nearly 50% of tech firms said they...
Digital banking volumes have risen swiftly in the pandemic’s aftermath, with consumers and businesses increasingly treating online platforms as their primary banking and shopping channels. One recent study found that 54% of consumers were using digital banking tools more often due to the pandemic, and...
Real-time payments usage may be nearing an inflection point. These payments still account for just 2% of corporate payments sent and 1.3% of payments received, but a growing number of corporate treasurers and billing and payment executives recognize the opportunities these payments offer in helping...
BlueSnap, which works in global payments and provides advanced payment and clearing services, now has a license from Israel’s Capital Market, Insurance and Savings Authority to provide financial asset services. BlueSnap helps companies get paid through sales channels like online and mobile sales along with...
Paper-based B2B payment processes are becoming increasingly costly for firms, as the time it takes to finalize them grows lengthier and lengthier, leading accounts receivable (AR) and accounts payable (AP) teams to seek solutions. Moving to emerging payment methods such as instant account-to-account (A2A) transfers...
