B2B Payments

B2B Payments
Digital Payments Pave the Way for Drivers Who Haul Asphalt by the Truckload
October 20, 2022

There maybe only one driver, but it takes a lot of people to move an 80,000-pound truck loaded with concrete, scrap metal and other materials from a producer to a construction site — and a lot of information too —  90% of which is being transmitted...

B2B Payments
The Rise of the Digital Workplace — on Wheels
October 19, 2022

As fleet operators aim to gain the many benefits of transitioning to connected vehicles, nearly half of the vehicles in corporate fleets are expected to be connected vehicles by 2025. That’s a substantial gain from today when one-third of companies with fleets report that only...

B2B Payments
Today in B2B Payments: Firms Team to Serve B2B Commerce, Hotels, X-Border Payments
October 19, 2022

Today in B2B payments, Oracle works with J.P. Morgan and FedEx to automate B2B commerce, Paysafe and HotelKey partner to streamline hotels’ transactions, and Visa and Thunes team up on cross-border payments. Plus, MaxAB raises $40 million, while Moneff acquires StormPay. Oracle B2B Commerce to...

B2B Payments
B2B Marketplace MaxAB Raises $40M for MENAP Expansion
October 19, 2022

The Cairo-based B2B eCommerce and distribution business MaxAB on Wednesday (Oct. 19) announced the close of a $40m pre-series B funding round to fuel its expansion across the Middle East, North Africa and Pakistan (MENAP) region. The round included new investors Silver Lake, British International...

B2B Payments
Oracle B2B Commerce to Provide Integrations With JPMorgan, FedEx
October 19, 2022

Cloud applications and infrastructure provider Oracle has announced that J.P. Morgan and FedEx are among the first service providers that will participate in the new Oracle B2B Commerce offering, which includes services that will integrate and automate end-to-end B2B transactions. Oracle B2B Commerce directly connects...

B2B Payments
Paysafe, HotelKey Partner to Streamline Hotels’ Retail, B2B Payments
October 19, 2022

Specialized payments platform Paysafe and cloud-based software solution provider HotelKey have partnered to enable frictionless payments for U.S. hotels across both their retail touchpoints and their back-of-house operations. This collaboration will streamline in-person, card-present and card-not-present transactions across all of a hotel’s retail sales channels,...

B2B Payments
PYMNTS Intelligence: Connected Fleets Are Becoming the New Normal
October 19, 2022

The history of connected vehicles began with GM’s introduction of OnStar® in 1996, and in 2021, the number of connected vehicles in the United States was estimated to be 74 million. Connectivity does much more now than it did nearly three decades ago, with modern...

B2B Payments
VC’s Next Great Opportunity Lies in ‘Great Unbundling’ of B2B Payments
October 19, 2022

“FinTech, as an investment category, has been incredibly exciting because of the size of the industry — and the size of the opportunity,” Alex Niehenke, Partner at Scale Venture Partners, told Karen Webster. Venture capital firms, of course, are a key conduit to offering up...

B2B Payments
Johnson & Johnson Overhauls Pharma’s B2B ‘Ecosystem’ with Embedded Payments
October 19, 2022

It may seem like a lifetime ago, but it was only two years ago when supply chains were at a standstill. And that standstill was a matter of life and death — quite literally. In the race against the insidious pandemic, pharmaceutical firms scrambled to...