Today in B2B payments, B2B payments need to modernize and offer more choices in the digital age, while Microsoft acquires process mining company Minit. Plus, Mastercard names Goldman Sachs alum Chad Wallace as executive vice president of B2B solutions, and PYMNTS research shows invoice reconciliation...
MarketFinance saw its business reach profitability in 2021, with a revenue increase of 133%, the U.K. business lender announced in a Thursday (March 31) press release. The company hopes to build on this growth by developing lending application programming interfaces (APIs) and is “investing significantly...
Financial institutions (FIs) and their corporate clients share an interest in improving business-to-business (B2B) transactions by removing friction from payments and cash management processes. Even so, there are also some shortfalls. For example, FIs say two areas that stand out as being the most problematic...
It’s what you don’t know that can hurt you. The old saying holds true in payments, and especially in B2B payments. To that end, PYMNTS’ study “The Treasurer’s Guide to AR Optimization,” done in collaboration with CheckAlt, found that 33% of chief financial officers (CFOs)...
Wholesalers are racing to capture the attention and business of new clients with the industry set to expand — growth that could lead to new opportunities for distributors, especially as many look to move forward from the negative economic impacts of the global health crisis....
The last two years changed the way that businesses and their vendors interact and pay, and the digital transformation that the pandemic forced upon the commerce world has also altered consumers’ expectations of how they want to pay for goods and services. Financial institutions (FIs)...
Today in B2B payments, digital payments help expedite the speed of cargo movement and Paystand debuts its first business expense card with cryptocurrency rewards. Plus, YoKart launches a B2B platform and slow payments are a top challenge for one in four travel and tourism companies....
Paystand has launched what it calls the “first business expense card with native crypto rewards,” the California B2B payments company said Wednesday (March 30). According to a news release, the DeFi Corporate Card offers instant provisioning of virtual and physical cards, advanced spend controls, real-time...
Expo Bazaar, a subsidiary of India Expo Mart, is set to launch in U.S. following a debut Wednesday (March 30) at the IHGF Delhi Fair, India Education Diary reported. According to a company press release, the B2B marketplace offers curated merchandise to independent retailers, “for...
