B2B Payments

B2B Payments
B2B Resale Platform LePrix Focuses on Wholesale, Expands to Europe
August 18, 2022

Aiming to make it easier for merchants to tap into what it says is one of the fastest growing sectors in retail, LePrix has expanded its B2B marketplace for pre-owned luxury goods into Europe and has converted its consumer-facing website (leprix.com) to a wholesale platform. ...

B2B Payments
TSYS, Extend Partner to Help Banks Offer Virtual Cards to Businesses
August 18, 2022

Saying some businesses want to modernize payments but don’t want to leave their trusted bank, TSYS has partnered with Extend to enable banks to offer virtual cards with spend management solutions to their business customers. The partnership brings together Extend’s issuer-agnostic virtual card and spend...

B2B Payments
Embedded Solutions Tackle SMBs’ Trade Finance Challenges
August 18, 2022

Small and medium-sized businesses (SMBs) looking for access to trade finance often find themselves frustrated at every turn. As the Organisation for Economic Cooperation and Development notes, they’re often locked out of traditional products, and banks have been slow to roll out their own solutions...

B2B Payments
Finding the Hidden Value Props in B2B Marketplaces
August 17, 2022

Financial professionals from the head of the Fed on down can’t myopically focus on one goal. In the case of chief financial officers (CFOs) evaluating B2B eCommerce platforms, there’s a dual mandate, according to Boris Lokschin, CEO of the B2B digital commerce platform Spryker. From...

B2B Payments
Online Marketplace Flippa Adds Tool to Help Buyers Evaluate Businesses 
August 17, 2022

Saying it’s democratizing access to business intelligence for both buyers and sellers, Flippa has added a new business intelligence tool to its global online marketplace for buying and selling online businesses and digital assets. The new tool, Flippa Market Insights, provides a decade’s worth of...

B2B Payments
Lowe’s Sees Lift From Contractor Loyalty Programs
August 17, 2022

Drill into the second-quarter earnings call at Lowe’s, and you’ll find a detail critical for any brick-and-mortar business looking to win in a digital-first world: a rewards program with a name that appears to have lived up to its carefully vetted-by-focus-group promises. The contractors who...

B2B Payments
Today in B2B Payments: Hello Alice Launches Small Business Credit Card; The Sage Group Signs...
August 17, 2022

Today in B2B payments, Hello Alice has launched a small business credit card to help increase the availability of credit, while payroll, HR and accounting tech firm The Sage Group has signed a deal to acquire accounting FinTech Lockstep. Hello Alice Launches Best-in-Class Small Business...

B2B Payments
Why Are Travel Industry Vendor Payments So Complicated?
August 17, 2022

The travel industry was one of the biggest pandemic losers. Now that the world has largely reopened, business is booming again. Business travel is a big part of it. In the second quarter, business travel accounted for roughly two-thirds of Hilton Worldwide’s revenue mix and...

B2B Payments
Logistics API Provider HyperTrack Raises $25M, Launches Tool for Last-Mile Delivery
August 17, 2022

Saying today’s last-mile delivery environment demands new solutions, HyperTrack, an application programming interface (API) platform for logistics tech builders, has raised $25 million in Series A funding and launched its latest tool for developers. The new funding will help the company grow and expand its...