B2B Payments

B2B Payments
B2B eCommerce Firm Papmall Debuts Cross-Border Freelance Payments
October 14, 2022

B2B eCommerce platform papmall has upgraded its services to allow businesses to send cross-border payments to freelancers. “Freelancers may become frustrated and leave the current platform if they experience frequent payment abandonment,” the Los Angeles company said in a news release Friday (Oct. 14). “papmall...

B2B Payments
Today in B2B Payments: Firms Gain Funding for Business Banking, Money Movement
October 14, 2022

Today in B2B payments, NorthOne raises $67 million to expand its business banking and financial management platform, while Astra nets $10 million to deliver its faster money movement capabilities to more customers. Plus, Shoplazza and PayerMax partner to provide merchants with collection solutions. NorthOne Raises...

B2B Payments
CFOs Making Customer Retention, Flexibility Top Priority
October 13, 2022

The job of a chief financial officer (CFO) can be as much art as science. That’s true when, for example, macroeconomic conditions take a downturn and the CFO must determine how far a company can accommodate customers who may be having a hard time. “We...

B2B Payments
Astra Nets $10M and Line of Credit for Card to Card Payments Expansion
October 13, 2022

Astra, which works with finance transfer technology, has announced a Series A funding round that netted it $10 million, a press release said. The company offers a “lightweight API integration” letting developers add faster settlement and financial automation to their products. Developers can use the...

B2B Payments
Today in B2B Payments: eCommerce Tools Focus on African Enterprises, Aircraft Parts
October 13, 2022

Today in B2B payments, Dooka offers a B2B marketplace to promote intra-African trade, while Ambry Hill and eComchain launch an eCommerce storefront solution for sellers of aircraft parts. Plus, Blackline adds a credit risk assessment feature, while HSBC and Trade Ledger develop a digital receivables...

B2B Payments
CFOs Adjust to Retail’s New Reality
October 13, 2022

The term “omnichannel” has its fans and detractors, but by any name, hybrid online-physical shopping and payments experiences are the next normal so many wondered about in the depths of the pandemic, bringing the best of both worlds to connected economy consumers. In a discussion...

B2B Payments
HSBC, Trade Ledger Launch Digital Receivables Finance Tool
October 12, 2022

The London-based Lending-as-a-Service FinTech Trade Ledger  Thursday (Oct. 11) announced the launch of HSBC’s new digital finance receivables solution, built with the Trade Ledger platform. In a press release, Trade Ledger said that the technology would allow HSBC to cut the average amount of time...

B2B Payments
Today in B2B Payments: Firms Launch Tools for Restaurants, SMBs
October 12, 2022

Today in B2B payments, Walmart announces upcoming changes to its data monetization platform, Toast helps restaurants with catering and wholesale orders, and Nuvei adds a payments interface for businesses of all sizes. Plus, TripActions raises $300 million, while BNP Paribas agrees to buy Kantox. Walmart...

B2B Payments
Tech, Data Play Larger Role as CFOs Prep for Uncertain Future
October 12, 2022

At any growth-stage company, there’s a lot of change happening. For chief financial officers (CFOs), that means managing day-to-day change while keeping strategic growth as their North Star, Honor Technology CFO Andrew Steinberg told PYMNTS. “I know where we want to be by the end...