How a company spends money — well, that tends to define its strategy. As for how a firm makes money, that all boils down to and supports its business model. And with Google reportedly considering charging people to use its premium generative artificial intelligence (AI)...
It is a testament to the business-to-business (B2B) landscape that firms tend to pivot toward, and not away, from it. After all, you hear a lot more about one-time business-to-consumer (B2C) firms embracing B2B channels than vice-versa. But that doesn’t mean that the B2B landscape, for...
Synovus, a bank with branches in Georgia, Alabama, South Carolina, Florida and Tennessee, has launched a new B2B payment solution that gives its commercial banking clients a choice of several different payment types when initiating accounts payable (AP) payments. The new Accelerate Pay solution is...
Zip has added new enterprise capabilities to its intake and procurement orchestration platform and intake-to-pay suite. This new suite of capabilities called Zip Premier is designed to help businesses manage compliance, strengthen integrations with other tools and scale faster, the company said in a Wednesday...
Spryker expanded its App Composition Platform to include Stripe as a global payment services provider (PSP). With the Stripe integration, enterprises using the platform can expand into new regions and facilitate business with customers around the world, Spryker said in a Wednesday (April 3) press release. “The ability to quickly implement...
How B2B suppliers bill their customers is changing around the world. And with the announcement last week (March 26) that the first e-invoice had been successfully sent across the U.S. Digital Business Networks Alliance Open Exchange Network (DBNAlliance), interest in the benefits of e-invoicing solutions is...
Payments innovations that scale broadly in the B2C space aren’t always as widely adopted in the B2B space due to limited applicability. The principles of consumer payment innovations can offer insights around streamlined user experiences and enhanced convenience, but the B2B space presents its own...
Innovations in embedded finance have captured the attention of decision makers in the logistics and wholesale trade space. As a result, payment facilitators (PayFacs), independent software vendors (ISVs) and marketplaces are all working with these providers to help them integrate embedded finance capabilities, such as...
Home Depot’s acquisition of SRS is the latest evidence that the home improvement giant is laying the foundation — pun intended — for a many-sided, digitally-enabled ecosystem. With B2B services and trade finance tied to it all, the deal might solidify loyalty among professional contractors,...
