B2B Payments

B2B Payments
At Stanley Black & Decker, Finance Automation Replaces Finance Jobs
October 03, 2022

Declining profits at iconic tool maker Stanley Black & Decker recently led to cost-cutting layoffs, with reports the firm is laying off 1,000 finance employees amid larger cuts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Today in B2B Payments: 3 Companies Roll out New Products
October 03, 2022

Today in B2B payments, the African Export-Import Bank (Afreximbank) launches a payment service, Nipendo expands access to automated invoicing and WEX adds a digital wallet for B2B payments. Plus, PYMNTS research finds an opportunity for financial institutions to supply capital, cash flow assistance and payment...

B2B Payments
Afreximbank Launches AfPAY Trade Payment Service in Africa
October 02, 2022

The African Export-Import Bank, or Afreximbank, announced Thursday (Sept. 29) the broad launch of a payment service called AfPAY with the stated goal of facilitating easier transactions among African financial institutions. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
Nipendo Expands Access to Its Automated Invoicing Feature
October 02, 2022

Nipendo, a provider of systems to automate payment processes, announced Saturday (Oct. 1) that it is making its Invoice All module available to suppliers that use the company’s Supplier Portal. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
WEX Launches Digital Wallet for B2B Payments
October 02, 2022

Commerce platform WEX on Thursday announced the wide availability of Flume, a digital wallet that will allow instant account-to-account transfers for customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Today in B2B Payments: 2 Firms Launch New Services
September 30, 2022

Today in B2B payments, LPL debuts industry-specific bookkeeping services for its affiliated financial advisors, while Capchase integrates with Xero to make it easier for small and medium-sized businesses (SMBs) in the United Kingdom to access capital. Plus, Amazon Business reports that most companies’ procurement budgets...

B2B Payments
Amazon Study Shows Focus on Business Purchasing Practices Has Risen With Inflation
September 29, 2022

Amazon Business’ “2022 State of Business Procurement Report” shows that companies are on board with digital procurement and gives suppliers reason to breathe easy. According to the report, most businesses aren’t planning procurement budget cuts. Get the Full Story Complete the form to unlock this article...

B2B Payments
LPL Launches Dedicated Bookkeeping Service for Financial Advisors
September 29, 2022

Retail financial advisory firm and independent broker-dealer LPL Financial is now offering a dedicated bookkeeping service to its affiliated financial advisors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
Capchase, Xero Streamline UK Small Businesses’ Access to Capital
September 29, 2022

Non-dilutive capital startup Capchase is now integrated with global small- to medium-sized business (SMB) accounting software platform Xero, enabling SMB customers in the United Kingdom to more easily access capital. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...