B2B Payments

B2B Payments
Nium, Formerly InstaRem, Drops Bank License Pursuit
November 05, 2019

Singapore FinTech startup Nium — formerly branded InstaReM — is dropping its pursuit to compete for a digital wholesale banking license in the city-state, Bloomberg reported on Tuesday (Nov. 5). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Citi: Turning Digital Payments Acceptance Into A Corporate Cash Management Play
November 05, 2019

As merchants go global, the pressure grows for payment capabilities to localize. That is to say, as organizations expand on an international scale and reach new customers, those businesses must allow consumers to pay the way they want for the optimal end-user experience. Get the...

B2B Payments
UK MPs Urge Audit Legislation To Avoid High-Profile Collapses
November 04, 2019

U.K. lawmakers are calling for new legislation that would ensure auditors and accountants are better able to identify and call out issues within their clients’ finances as the government works to avoid more high-profile corporate collapses. Get the Full Story Complete the form to unlock...

B2B Payments
Experian API Enables Faster OCBC Business Account Opening
November 04, 2019

Singapore bank OCBC is accelerating the bank account opening process for startups through a collaboration with Experian. 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...

B2B Payments
How Open Banking Drives Real-Time Payments Traction
November 04, 2019

Competitive forces in the payments and financial services sector have driven two key trends in the U.S.: the acceleration of payments, and the adoption of open banking frameworks. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Commercial Cards, B2B Payments Get A Lift During Earnings Season
November 04, 2019

Earnings results showed continued uptake in commercial card issuance and use, here and abroad, as WEX, Mastercard and Visa reported earnings and strong B2B growth. Separately, Brex and Mastercard said they expanded card perks across the U.S.

B2B Payments
Bank of America Readies Launch Of Multi-Account Cash Forecasting
November 04, 2019

Bank of America is developing a new cash-flow forecasting solution for its corporate customers in conjunction with a FinTech partner. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

B2B Payments
Blank Checks And PO Manipulation Cost Businesses Millions
November 04, 2019

This week, three new cases of accused internal fraud emerged, showcasing the variety of ways employees can steal company cash. Invoice and purchase order manipulation, company credit card abuse and fraudulent use of company checks all surface as cautionary tales for corporates’ internal financial processes....

B2B Payments
RedCloud Launches OCR-Driven Payment Solution
November 04, 2019

RedCloud Technologies has announced the launch of its optical character recognition (OCR) driven digital collections and reconciliation payment solution. 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...