The ability to expand internationally is commonly viewed as a sign of a company’s strength. Doing business compliantly and profitably across borders takes a lot of resources — particularly if organizations are using locally-based point solutions to handle their cross-border transactions, which can result in...
TreviPay has partnered with Mastercard to add a Universal Acceptance solution to its B2B payments and invoicing network. This solution aims to expand supplier access to TreviPay’s payments and invoicing technology, allowing them to offer net terms or trade credit financing, as well as SKU-level...
Digital payment platform Balance has unveiled a suite of products that span the B2B transaction lifecycle, from order placement to payment settlement. These artificial intelligence (AI)-powered tools encompass net terms assessment and financing, payment cost optimization and accounts receivable (AR) automation, the company said in...
The thing about traditional B2B payment methods is that they tend to be rather … traditional. That includes paper checks, which remain tied to 40% of commercial transactions, but also includes other B2B payment processes often characterized by delays and complexities, like wire transfers, ACH payments,...
Customers using Capital on Tap’s business credit card and spend management platform can now top up their credit balance with their own funds. By doing so with the company’s new Preloading feature, these small and medium-sized businesses (SMBs) can extend their spending capabilities and earn...
Singapore-based FinTech ipaymy has launched an automated invoicing platform for small- to medium-sized businesses (SMBs) in Singapore, Hong Kong SAR, Malaysia and Australia. The new Fetch platform is designed to help SMBs get paid faster at a time when 50% of the invoices issued by SMBs across Asia...
Despite the entrenchment of automated clearing house transfers as the preferred payment method for real estate companies and the advancement of real-time payments observed in recent years, many of the B2B payments in this industry still occur via checks or cash. Nearly 21% of all...
Change can happen slowly, and then suddenly all at once. And the B2B payments space is increasingly moving away from the incremental drip of change toward the full-on sprint of modernization. That’s because B2B payments are no longer the staid and traditional sector money movement...
Ensuring vendor satisfaction is crucial for businesses as it directly impacts the overall success and efficiency of operations. Satisfied vendors are more likely to maintain positive relationships with customers, deliver quality goods or services consistently, and collaborate effectively. This, in turn, fosters a stronger and...
