One year since global retailers canceled garment orders and put off payments, industry players are banding together in an effort to combat B2B payment mishaps and promote fairer practices in the industry. This week’s B2B Data Digest looks at that initiative, plus other late payment...
Corporate travel and expense (T&E) was turned on its head last year, and while industry experts are finally beginning to elevate their expectations for the return of the business trip, T&E is unlikely to return to the way it looked in a pre-pandemic market. Get...
Back offices can’t change overnight, but when the pandemic hit, some organizations no longer had a choice. For some businesses, years of digitization procrastination created even more challenges within a work-from-home environment and volatile market. Often, it was the entities that already had a modernization...
A co-founder of Penta, the German-based virtual bank, is now rolling out Relio, an initiative focused on serving small to midsize businesses (SMBs), according to a report from Crowdfund Insider. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
CloudBlue, which is owned by Ingram Micro, announced its acquisition of Harmony Business Systems in a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
Vizient has completed the purchase of Intalere from its parent company Intermountain Healthcare, which gives Vizient more power in the healthcare supply chain, according to a press release. It will also help Vizient reach more people. Get the Full Story Complete the form to unlock...
Today in B2B payments, Mastercard elevated perks for small business cardholders, while Corserv discusses commercial cards’ impact on industry collaboration and competition. Plus, BlackLine launches an accounts receivable tool, Yooz debuts its accounts payable solution, and Lendica collaborates to finance the legal cannabis market. Get...
Trade finance continues to evolve as a tool designed to meet the cash flow needs of both ends of a B2B transaction. Corporate buyers can ensure invoices are paid without letting go of working capital, while suppliers’ own cash flow is supported through timely invoice...
Commercial card adoption is on the rise as more organizations not only want to digitize their payments but take advantage of growing value-added opportunities that other payment methods like ACH don’t offer. Get the Full Story Complete the form to unlock this article and enjoy...
