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companies that actively trade with business partners abroad are increasingly taking the initiative to improve outdated legacy cross-border operations, with nearly half reporting that they were in the process of upgrading their capabilities.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...
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...
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...
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...
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...
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...
Today in B2B payments, research shows 15 percent of B2B receivables arrive late, and ClearBank expands its offerings for financial institutions and FinTechs that operate in multiple currencies. Plus, Archa rolls out a smart business credit card and spend management platform, and Esker rolls out...
Standard Chartered has teamed up with working capital FinTech Demica on a new online portal to streamline access to the bank’s supplier finance program, according to a company announcement Monday (Oct. 11). The collaboration will start with a fully digitized end-to-end Supplier Enrollment portal, which...
Sometimes the check really is in the mail, yet it still doesn’t arrive at its destination on time. Other times, online bill payments may not remain fully digital, as current protocols often drop or convert these electronic payments into paper check format due to frictions...
