In an era when real-time is the standard, many B2B payment cycles still stretch across weeks or even months. But a shift is underway. A new breed of financial infrastructure, embedded payments and AP payments-as-a-service, promises to abstract away the complexity of business transactions and replace it...
In times of uncertainty, firms can’t afford to have payments among the unknown quantities they’re facing down. Yet in B2B, money has always moved slowly, sometimes painfully so. For decades, corporate procurement and supplier payments were governed by entrenched terms, often designed to tilt the...
Watch more: Legacy Compliance Gaps Expose B2B Payments to Escalating Cyber Threats Fraud in the B2B payments space has gone from the occasional operational hiccup to a persistent, adaptive adversary. The reason? With transaction volumes and values dwarfing those in the consumer space, B2B payments...
B2B payment orchestration platform Bluechain and Visa have partnered to enable digital transformation of B2B payments in verticals in the United Kingdom in which card acceptance has historically been limited or nonexistent. The collaboration enables businesses to use Visa cards to pay any supplier, including...
The B2B payments landscape presents a massive opportunity for digital transformation. The global B2B payments market is projected to grow to $213.28 trillion by 2032, according to market studies provider Fortune Business Insights. The move to modernization hinges on flexibility, where payments are streamlined, and...
“Data is the new oil” is a long-overused cliché. But like oil, data can be refined and structured. Like clichés, data can always be applied in relevant contexts. And quality data, which has always helped grease the wheels of commerce, is now helping finance teams...
Payments company Corpay has teamed with Circle to expand global stablecoin usage. The collaboration involves Corpay working with a Circle subsidiary to embed Circle’s USDC stablecoin into Corpay’s cross-border pay-in and pay-out rails, the companies announced in a Thursday (Aug. 7) news release. This will let companies “access blockchain’s 24/7...
In today’s uncertain world, enterprise back offices can feel like they are forecasting through a fog. Traditional forecasting models and predictive analytics are breaking down under the weight of unprecedented variability, whether from tariffs, geopolitical shocks or macro dynamism. The ongoing strain on old data...
Software-as-a-Service (SaaS) platform Wix has debuted a suite of financial services offering for businesses. Wix Checking and Wix Capital, announced Monday (Aug. 4), are designed to help businesses manage cash flow and fund growth. “With Wix Checking and Wix Capital, we’re giving users a complete...