B2B Payments

B2B Payments
This Week in B2B: Smokestack Upgrades, CFO Intelligence, SMB Innovation
October 31, 2024

The B2B innovation landscape has never been more exciting than right now. Ongoing technological advances are driving a paradigm shift, allowing B2B firms to streamline and digitize nearly every element of their operations — particularly the workflows and processes surrounding B2B payments. As businesses seek...

B2B Payments
Fiserv and Clover Serve Up New Tools for Small Businesses
October 31, 2024

Fiserv has introduced a new suite of tools for small businesses. The offering, rolled out via the payments and financial services technology solutions company’s Clover point-of-sale and business management service, was designed with restaurants, retailers and service-based businesses in mind, per a Thursday (Oct. 31) press release....

B2B Payments
New Insight: Virtual Cards Gain Favor With CFOs as Healthcare Costs Increase
October 31, 2024

Healthcare is among the largest industries in the world, and with the territory come pain points and inefficiencies as small- to medium-sized companies seek to tap working capital and streamline their payments processes. Across the globe, the sector accounts for an average 10% of a...

B2B Payments
Taulia Helps Establish Supply Chain Financing Program for Aramco Suppliers
October 30, 2024

Three organizations teamed up to provide financing for suppliers of energy and chemical company Aramco by establishing what they said is one of the world’s largest supply chain financing programs. Aramco, Taulia and the Saudi Industrial Development Fund (SIDF) announced their signing of agreements to...

B2B Payments
ABBYY Rolls Out AI Center to Boost Business Automation
October 30, 2024

ABBYY is introducing new capabilities for artificial intelligence to help companies bolster automation. The offerings include Phoenix, a “multi-modal approach to zero-shot learning leveraging small language models” designed for document tasks, a Secure Large Language Model (LLM) Gateway, and “enterprise-ready tools and applications that enable...

B2B Payments
Expense Management Is Undergoing a Revolution, but Legacy Systems Hold Firms Back
October 30, 2024

Every dollar of working capital matters to today’s businesses. That makes tracking and managing expenses important, as evidenced by “Grubgate,” where tech giant Meta fired more than 20 employees for abusing the company’s meal expense system. Yet effectively tracking and managing employee business travel and...

B2B Payments
Crater Launches AR/AP Solutions for Financial Institutions and B2B Platforms
October 29, 2024

Crater launched artificial intelligence-powered accounts receivable (AR) and accounts payable (AP) solutions for banks, credit unions and B2B platforms. With these solutions, customers can offer white-labeled, embedded AR/AP products like invoicing and bill payments, customized to their brand identity and supported by an AI-powered copilot...

B2B Payments
Helcim Debuts Recurring Payments Tool to Combat Manual Billing
October 29, 2024

Payments solutions provider Helcim debuted a tool to help businesses automate their payment collections. Recurring Payments allows businesses to create tailored billing schedules for clients, collecting payments automatically as they’re due and removing the need to worry about manual billing practices, according to a Tuesday...

B2B Payments
How B2B Firms Can Capitalize on the $7 Billion Embedded Finance Opportunity
October 29, 2024

There’s a multitrillion-dollar opportunity that’s rewriting the B2B playbook, and it starts with two words: embedded finance. The consumer payments buzzword is steadily making headway into the B2B space, and it is beginning to drive real change for buyers and suppliers across sectors by integrating...