Many companies continue to depend on legacy business-to-business (B2B) payments infrastructure that adds untenable costs and frictions to the process. Companies have moved to innovate their accounts payable (AP) and accounts receivable (AR) processes accordingly, but many still face challenges in digitizing operations quickly enough...
Global Software-as-a-Service (SaaS) solutions provider Rillion has rebranded from its original name, Palette Software, amid its United States debut, according to a press release. Rillion has 3,000 customers and 340,000 users across 50 countries, the release stated. The platform captures invoice data, processes invoices, matches...
When the founders of Mickey set out to modernize the commodities industry in 2019, they saw plenty of opportunity for technological transformation. “If you were to want to go buy lumber, you cannot do it online, you can’t do it without a phone, and you...
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...
