The payment trends making waves in the business-to-consumer (B2C) space have not gone unnoticed by B2B firms. B2B companies are likewise taking to digital channels to manage numerous business functions, including establishing buyer or vendor relationships or handling critical payment functions, according to “Optimizing B2B...
In an increasingly digital-first world, business-to-business (B2B) buyers may still want to discuss bigger transactions on the phone, but they want to do many of the more day-to-day tasks themselves online. Seeing this, Caster Specialists provided both options when developing its new online store for...
Today in B2B payments, P97 and Viva Energy collaborate on contactless payments for the Australian trucking industry, while Square launches a loan program for Canadian business owners. Plus, chief financial officers (CFOs) increase their real-time cash flow visibility because of increased fraud threats, and instant...
Companies now recognize that they can unlock numerous benefits by modernizing and digitizing how they disburse funds. For one thing, faster and more dependable payments can increase employee loyalty, and instant payments can even serve as a recruiting tool in a competitive talent acquisition environment,...
Today in B2B payments, Raisin Bank partners with Mondu on a buy now, pay later (BNPL) solution for B2B merchants, while eCommerce sellers need insurance when they sell across borders. Plus, Cashology unveils an accounting platform with open banking firm Nordigren, and companies gain an...
Cash flow management company Cashology has turned to open banking provider Nordigen to launch its accounting and budgeting platform. As Financial IT reported Wednesday (April 27), the integration lets Cashology’s clients link all their bank accounts to the tool and manage their finances from one...
Banking-as-a-Service (BaaS) provider Raisin Bank and B2B payment specialist Mondu have joined forces to offer a buy now, pay later service to B2B merchants. “Purchasing on account is the most popular payment method in the B2B sector,” the Frankfurt, Germany-based Raisin said in a news...
When companies bring their vendors and partners many of the same benefits that consumers enjoy by streamlining payment processes, they can gain significant advantages over their competitors. They can do so by upgrading their B2B payment offerings with embedded finance options, as reported in the...
Today in B2B payments, BigCommerce acquires BundleB2B, while businesses want to be reimbursed quickly and simply for their insurance claims. Plus, Pakistan’s NIFT and M10 team up on B2B payments, and application programming interfaces (APIs) can help with the changing bill pay needs of businesses....
