B2B Payments

B2B Payments
Fraud? Maybe Not, But Some Questionable Expenses Indeed
December 21, 2018

Watches for $8,000? Hotel rooms for garlic? Certify offers some of the more questionable attempts at expense reimbursements, which also spotlight how firms can track expense reporting more efficiently. Separately, BEC nabs $1 million from a children’s charity.

B2B Payments
Eleven Banks Cleared For Piece Of $1B RBS Fund
December 21, 2018

Eleven banks have been granted access to a £350 million ($443 million USD) program that will allow for them to take business clients away from the Royal Bank of Scotland (RBS). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

B2B Payments
EU Bans Unfair Food Supply Chain Practices
December 20, 2018

The European Commission has introduced new measures to protect farms in the EU food sector against unfair supply chain practices, the body said in an announcement Wednesday (Dec. 19). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Greensill: Holiday Impact On Late Payments Will Be $110B
December 20, 2018

Alternative lender Greensill has released new research on how much vendors and manufacturers of holidays gifts and products will be waiting on in their accounts receivable departments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
OnDeck Diversifies With Equipment Finance Loans
December 20, 2018

OnDeck will be adding a new corporate financing product to its offering next year: equipment finance. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...

B2B Payments
Virtual Cards See Opportunity In Freelancers, Open Banking
December 20, 2018

Growth in the commercial card industry is being driven by more than the push for supplier acceptance in accounts receivable. With innovations introducing virtual card technology and data analytics into the fold, the commercial card space is positioning itself to address some of the emerging...

B2B Payments
gpi Makes SWIFT Cross-Border Gains
December 20, 2018

SWIFT has noted that gpi payments make up more than half of its cross-border traffic. The Fed sees marquee tech names pushing for faster payments, and Square circles a banking license, again.

B2B Payments
Nordea Launches Open Banking Tool For Corporate Clients
December 20, 2018

Nordic financial services firm Nordea is introducing a new solution to provide corporates with a streamlined financial reporting solution powered by Open Banking. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Corcentric On Myth-Busting Electronic B2B Payments Adoption
December 20, 2018

The payments industry has been talking about the digitization of B2B transactions for years, maybe decades, with not much of a nudge of that needle. While a stubborn reluctance among businesses to let go of manual processes in accounts payable and accounts receivable continues to...