B2B Payments

B2B Payments
PYMNTS Intelligence: Confronting the Challenge of B2B Payments Fraud
November 04, 2022

Fraud is a concern on the minds of many corporate decision-makers at present, and with good reason: Nearly half of the organizations worldwide experienced some form of fraud within the last 24 months, including 52% of those with annual revenues over $10 billion. Of the...

B2B Payments
PYMNTS Intelligence: Improving the College Payments Experience
November 04, 2022

Innovation is needed to improve the college payments experience.  Given the range of problems riddling the current payments infrastructure at many colleges, it is clear that innovation is needed. This is especially true because students are increasingly expecting convenient, technology-driven experiences. These range from paying...

B2B Payments
Williams Sonoma Adds Kitchen Items to B2B Program
November 03, 2022

Home retailer Williams Sonoma has added a new commercial grade kitchen offering to its B2B program. This new offering is a curation of more than 2,000 existing products that have passed the company’s in-house Contract and Commercial Grade testing protocols, which simulate the rigors of...

B2B Payments
One-Third of Cybercrime Losses Stem From Compromised Business Email
November 03, 2022

When criminals impersonate company executives or business partners to deceive employees into diverting funds their way, that’s business email compromise (BEC). It is also the costliest form of cybercrime, to the tune of $2.4 billion in 2021 and accounting for fully one-third of all the...

B2B Payments
Supply Chain Platform project44 Raises $80M and Delays Potential IPO
November 03, 2022

Supply chain visibility platform project44 has raised $80 million in a funding round and said it would use the new capital to work toward several key initiatives without needing to raise additional capital.  The initiatives aided by the new capital include measuring and mitigating supply...

B2B Payments
Can Reputational Costs From B2B Payments Fraud Eclipse Financial Losses?
November 03, 2022

An interview with Pablo Molina, former chief information officer and vice president of IT at Georgetown University and current chief information security officer at Drexel University  — B2B payments fraud is a major problem affecting businesses of all kinds — including institutions of higher education,...

B2B Payments
Legacy Payments Cost Schools More Than Money
November 03, 2022

PYMNTS interviewed Adam McDonald, president at TouchNet, on how the company is helping colleges and universities simplify and modernize their payments infrastructure — At a time when businesses everywhere are adapting to meet customers’ increasing expectations for digital payment methods and technology-driven interactions, institutions of...

B2B Payments
RoadSync and Fullbay Partner on Embedded Payments for Repair Shops
November 02, 2022

Digital financial platform RoadSync and heavy-duty repair solution Fullbay have partnered to make it easier for repair shops in the trucking industry to accept and manage fuel cards and fleet checks. The partnership adds a fully embedded fleet payments experience to Fullbay’s heavy-duty repair shop...

B2B Payments
Rising Interest Rates Spark Supplier Interest in Commercial Card Acceptance
November 02, 2022

The payments pull and tug between buyers and suppliers has long favored those doing the buying, but that’s changing as technology takes friction and cost out of B2B transactions. Speaking with PYMNTS Karen Webster for the “Executive Insight Series — The Next Three Years,” Boost...