B2B Payments

B2B Payments
Widening Procurement’s Scope Of Vendor Risk Management
June 02, 2021

The dreaded data breach has organizations prioritizing third-party risk management in the procure-to-pay workflow. But when it comes to managing suppliers — and the potential threats they may present to the enterprise — the risks reach far beyond IT-related problems. Get the Full Story Complete...

B2B Payments
Payments Take Center Stage Of Bank-FinTech Collaboration
June 02, 2021

Payments has taken center stage for bank-FinTech pairings, with Visa’s FinTech Partner Connect finding new reach to streamline the collaborative process. Plus, Deloitte ramps up its own efforts to modernize payments for financial institutions, and Horizon Bank proves it’s not just the largest of financial...

B2B Payments
Amex: Payments Tech Builds Healthier Cash Flows In Booming Construction Market
June 02, 2021

Rising supply and demand throughout the construction industry can be a fickle beast for the builders, contractors, buyers and suppliers operating in the space. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

B2B Payments
Komgo Raises $29 Million For Blockchain Trade Finance Platform
June 01, 2021

Trade finance blockchain company Komgo has closed a funding round with $29 million, a press release said on Tuesday (June 1). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

B2B Payments
Temenos Brings ‘Virtual COO’ To SMB Bank Clients
June 01, 2021

Temenos, the banking technology company, and Canadian Western Bank (CWB) have built out Temenos Virtual COO, an Explainable AI-driven (XAI) offering. Temenos has rolled out the offering throughout the world, according to a Tuesday (June 1) announcement. Get the Full Story Complete the form to unlock this...

B2B Payments
B2B Payments Today: What Firms Want From Global Payments Innovation; Truist Eyes Industry-Specific Business Banking
June 01, 2021

Today in B2B payments, PYMNTS releases new data on corporates’ cross-border payments innovation needs, and Truist discusses an industry-specific approach to business banking. Plus, Funding Circle collaborates with Atom on small business lending, Credit Suisse addresses the ongoing Greensill fallout and iBanFirst secures new investment....

B2B Payments
Synovus Debuts Integrated Receivables Platform
June 01, 2021

Synovus debuted its Synovus Accelerate AR platform called to increase access to working capital and decrease exceptions by the way of straight-through processing throughout every payment channel. The solution is offered with payments and business technology company Deluxe, according to a Tuesday (June 1) announcement....

B2B Payments
Should Banks Reimburse Businesses For Fraud?
June 01, 2021

Consumer fraud is an ugly beast, but often, individuals can sleep soundly knowing that instances of fraud are often covered by their banks. Corporates, however, don’t enjoy the same consumer protections, and there is no guarantee that a business will be reimbursed in cases of...

B2B Payments
Building The Business-Bank Relationship With An Industry-Centric Approach
June 01, 2021

For decades, the competitive edge of community and regional banks is that these financial institutions (FIs) operate in the same neighborhoods as their clients. For business customers, that’s an important component of choosing a financial service provider that can not only provide the necessary products,...