B2B Payments

B2B Payments
B2B Payments Firm Modern Treasury Lands $38 Million
January 12, 2021

Payment operations software company Modern Treasury raised $38 million through an Altimeter Capital-led Series B funding round,  according to a Tuesday (Jan. 12) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Lightspeed Rolls Out Vendor Network For SMBs
January 12, 2021

Montreal-based omnichannel commerce platform provider Lightspeed has unveiled the “initial availability” of the Lightspeed Supplier Network for merchants in North America. Merchants in the pet, jewelry, outdoor sport and bike sectors will be able to access the network at first, according to a Tuesday (Jan....

B2B Payments
Today In B2B: Small PPP Loans Cause Controversy; Bank Profits Sink
January 12, 2021

Today in B2B payments, some small businesses received less than $99 in Paycheck Protection Program (PPP) loans, and U.S. bank profits are expected to sink. Plus, Pilot Company collaborates on fleet factoring, Revolution Payments launches Level III commercial card processing and Porter Capital launches new...

B2B Payments
Investment Managers Grapple With A Convergence Of Finance And Compliance
January 12, 2021

Juggling financial workflows is often an area of significant friction for any young business, with digital solutions opening up new avenues to optimize and automate. For investment managers, however, managing finances isn’t merely a headache: it’s filled with complexities that are made even more complicated...

B2B Payments
Open Banking Matures As FIs Eye Commercialization
January 12, 2021

More jurisdictions around the world are making headway in their open banking plans, and as this week’s roundup reveals, markets’ initiatives are maturing. While Saudi Arabia is gearing up to debut its open banking framework, other markets – including Taiwan, Australia and the U.K. –...

B2B Payments
Virtual Cards Drive Consumerization Of B2B Payments
January 12, 2021

Historically, corporate travel and expense (T&E) management has been viewed as an entirely separate function from other B2B payment workflows. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
About 300 SMBs Received Less Than $99 In PPP
January 11, 2021

While the Paycheck Protection Program (PPP) was supposed to be a lifeline for struggling small- to medium-sized businesses (SMBs) during the pandemic, some SMBs that received loans less than $99 didn’t find much relief, The New York Times (NYT) reported. Get the Full Story Complete...

B2B Payments
Revolution Unveils Level 3 Processing For Salesforce Users
January 11, 2021

Revolution Payments has unveiled a Level III credit card processing offering for those who use Salesforce, according to a Monday (Jan. 11) announcement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Porter Capital Offers New Funding Tools To PPP Recipients
January 11, 2021

Porter Capital, which works with accounts receivable (AR) financing and asset-based lending solutions, will provide more funding for businesses in need of extra money from their current Paycheck Protection Program (PPP) funds, according to a press release. Get the Full Story Complete the form to...