B2B Payments

B2B Payments
TD Bank Debuts Invoicing to Business Simple Checking Accounts
October 12, 2021

TD Bank is expanding its partnership with Autobooks, adding a new invoicing feature, according to a press release. The feature will be part of TD Business Simple Checking and will help microbusinesses and small- to medium-sized businesses (SMBs) process invoices and get paid quicker, the...

B2B Payments
AltPayNet, UnionPay Team up on Cross-Border Payment Solutions
October 12, 2021

AltPayNet and global payment brand UnionPay are collaborating on cross-border payment services for the world’s largest cardholder base, according to a ProNewsReport article on Tuesday (Oct. 12). The UnionPay cross-border B2B payment and service platform “offers comprehensive online payment service for import and export enterprises,...

B2B Payments
Bank First Expands Tie-up With Teslar to Boost Business Lending
October 12, 2021

Teslar Software, which works with portfolio management and automation for community financial institutions, announced in a press release that its tech will continue to be used by Bank First via an extended partnership. Bank First will tap into increased automation transparency, portfolio management tools and...

B2B Payments
43% of US-Based Multinationals Plan to Enable Supplier Payments to Digital Wallets
October 12, 2021

Multinational companies that actively trade with business partners abroad are increasingly taking the initiative to improve outdated legacy cross-border operations, with nearly half reporting that they were in the process of upgrading their capabilities. In fact, 43% of U.S.-based international enterprises said they are planning to enable supplier payments to digital wallets, according to the Payment Orchestration...

B2B Payments
Digital River Teams With Salesforce to Launch B2B Commerce App
October 12, 2021

Digital River, the global eCommerce enabler, has rolled out an integration with Salesforce Commerce Cloud to help users add a new checkout solution with more comprehensive protections, a press release says. The release says the new app will give B2B merchants the ability to work...

B2B Payments
Billtrust Enhances Collections Capabilities With $58M iController Buy
October 12, 2021

Billtrust, the B2B accounts receivable automation and integrated payments company, has said it’s acquired iController, a B2B provider of collection management solutions, for $58 million, according to a press release. The sale was financed with cash on hand. “We are pleased to welcome Peter Janssens...

B2B Payments
Data Key to Supplier-Driven Payment Terms, Working Capital Control
October 12, 2021

In addition to cementing her place as the Queen of Soul, Aretha Franklin was pretty savvy when playing the payments game. Aretha got paid at least some of her performance fees in cash, upfront and in her handbag … or she didn’t step up to...

B2B Payments
B2B Payments Are No Longer ‘Business as Usual’
October 12, 2021

In order to adapt to changing economic forces, the B2B payments industry must first address two key obstacles: modernization and digitization. This, according to Norm Marraccini, SVP group executive of commercial and retail payments at FIS, who said in an interview that every business, regardless...

B2B Payments
Markaaz, Mastercard Team on Payments, Security for SMBs
October 11, 2021

Markaaz, which connects small- to medium-sized businesses (SMBs) with suppliers, is working with Mastercard to bring the credit card company’s products and services, particularly for payments and security, to SMBs, according to a press release. SMBs will be able to save “critical time and money...