heck use by businesses to pay other businesses is on the decline in the UK given the recent, and somewhat surprising, use of Direct Debit for B2B payments. It’s seen as a safe and cost effective way to make a payment and improve cash flow.Learn...
A banking and finance survey from the Forum of Private Business (FPB) found that 23% of members saw late payments increase over the past 12 months, compared to just 3% who indicated that matters were improving. In addition, the average length of the delayed payment...
Former CEO of SWIFT, Lázaro Campos, has joined Payoneer, an online payments company that focuses on the way technology companies and SMEs send and receive cross-border payments. “We are thrilled to be able to add an industry leader as credentialed as Lazaro to our Advisory Board,”...
In the Philippines in July, the Government Service Insurance System (GSIS) will introduce an Electronic Billing and Collection System (eBCS). The web-based application will enable GSIS to send its billing statements for premium and loan amortization to government agencies electronically, and accept payments online. The...
eInvoice - 1, USPS - 0. The efficient distribution of eInvoicing solutions to SMBs just got a whole lot easier thanks to a VersaPay/Heartland deal to target small and midsize companies that still generate paper-based invoicing and stick them in the mail.
One startup that has emerged from the Affordable Care Act is Oscar, a venture-backed health insurance company that launched on the New York State Health Plan Marketplace. This is New York State’s first new commercial health insurer in 15 years. The company is working to...
As the reimbursement market for Medicare and Medicaid grows more complicated, providers turn to outside sources for help. Stingray by Healthcare Payment Specialists, reinvents the reimbursement recovery market for healthcare and automates the process.
One of the things that got us thinking that B2B innovation was the “next big thing” in payments, is the amount of investment and energy being funneled into solving the problems with businesses paying each other. So, we thought it would be fun to track...
More companies with less than 100 employees are less concerned than they were a year ago about their cash-flow issues, while more are using social media to drive future growth, according to the American Express OPEN Small Business Monitor. The average amount small-business owners hope...
