We’re just at the beginning of the transformation of B2B payments. Beyond the drive to eliminate paper from various back-end processes, the connected economy will help (and, in the process, be transformed) as transactions between buyers and suppliers become seamless. Tara Seshan, business lead at...
Airbase, the spend management platform for smaller businesses, is partnering with Silicon Valley Bank to allow for business cards to be used in API integration. That, according to a Wednesday (Oct. 6) press release, will automate account and spend approval workflows. SVB business cards have...
IBM is partnering with FinTech startup MonetaGo to tackle trade finance fraud, and it will set its sights first on Southeast Asia, according to a press release. MonetaGo offers a secure financing solution that works to lower the risks that are associated with duplicate financing...
The Finnish eInvoicing solutions provider Basware is expanding its partnership with the payments firm Comdata to create what they call “a powerful procure-to-pay ecosystem.” The two companies announced the expansion in a news release Wednesday (Oct. 6), saying the combination of technical and product integration...
If payments can be aspirational, then B2B transactions could, should and will look like consumer transactions done online. The good news, according to a panel of experts, is that it can be done. The panel convened as part of the monthlong PYMNTS/Visa B2B Payments TV series “What...
Software-as-a-service (SaaS) provider Conexiom, which works in sales order and invoice automation, has received a $130 million growth investment from Warburg Pincus, according to a press release. Conexium works to do away with manual processes, which are prone to errors and cost over $15 trillion...
Canadian food delivery network SkipTheDishes has partnered with Cargo on a marketing plan aimed at improving the company’s B2B relationships across the Great White North, according to a Tuesday (Oct. 5) press release. “Restaurant owners are quite possibly the most passionate small business owners, and...
Today in B2B payments, Grasp and Traxo team up to improve access to “invisible” corporate travel plans, and Koffie Labs expands into Georgia and Pennsylvania. Plus, how collaborative commerce boosts the consumerization of business payments, Crezco nets $4 million in seed funding and Higo brings...
End-to-end financial system Payhawk on Tuesday (Oct. 5) announced it’s now offering 3% cash back on all payments. The company also announced a new integration with Microsoft Dynamics 365 Business Central, streamlining all administrative work around managing company spending. It is also providing Single Sign-On...
