Only 38% of businesses are using document and identity authentication tools, leaving most organizations vulnerable to fraud attacks linked to incoming payments. In this month’s “B2B Payments Fraud Tracker®,” Candler Eve, director of enterprise fraud at MidFirst Bank, highlights three key ways to avoid invoice...
Super Dispatch has added a payment feature to its car shipping platform. The new SuperPay feature allows automotive shippers to pay carriers, who will receive the payment in as little as one business day, Super Dispatch said in a Wednesday (Jan. 18) press release. “Automotive...
A spate of funding rounds and partnerships herald a banner year for bringing buy now, pay later (BNPL) to B2B payments. The global momentum is underscored by headlines seen over the past few days. As PYMNTS reported last week, B2B BNPL startup Mondu has added...
Hokodo and Lemonway have partnered to help B2B marketplaces in Europe offer trade credit online. The collaboration on B2B buy now, pay later (BNPL) will bring together Hokodo’s ability to evaluate a business’ buying power in real time and Lemonway’s services for reconciling payments and helping platforms with...
Fraud is both costly and common. In the last two years, 52% of companies with at least $10 billion in revenue experienced some sort of fraud, according to a 2022 survey. For 1 in 5 of these companies, the most expensive fraud attack costs more...
Dock has launched a platform that helps companies offer financial services to customers in Latin America. The new Dock One cloud-based platform enables companies to add new businesses to their operations and expand to countries throughout Latin America through a single application programming interface (API),...
DiMuto and Aleta Planet have partnered to support digital B2B payments and trade finance. The collaboration brings together DiMuto’s global trade solutions platform and Aleta Planet’s B2B cross-border payment solutions to make payments in and out of China more efficient and transparent, the companies said...
Intuit has expanded the availability of its network that accelerates and automates B2B payments. The Intuit QuickBooks Business Network is now available to millions of small- to medium-sized businesses (SMBs) in the United States, the company said in a Tuesday (Jan. 17) press release. “With...
From autonomous vehicles to automated bill-pay software, next-generation solutions are transforming industrial operations. This, as working capital management realities and labor shortages are being consistently aggravated by strong macroeconomic headwinds buffeting businesses across industries. The silent workhorse of the eCommerce industry’s spectacular ascent over the...
