When B2B order-to-cash technology provider Billtrust announced the launch of its Business Payments Network (BPN) in late-2018, it was a solution designed to tackle one of the largest hurdles in B2B payments that remains today: managing all of the data and workflows required to achieve...
Despite government initiatives to connect small businesses to capital as quickly as possible, the U.S.’s Paycheck Protection Program (PPP) was wrought with confusion and inefficiencies. Even as small businesses are able to access capital, it’s often not enough to endure the ongoing market volatility and...
Amid rising market volatility, some large organizations have positioned themselves to support their small suppliers by accelerating payment terms. The grocery industry has been among the most active sectors in supporting cash flow through supply chains, and this week’s B2B Data Digest finds Ireland’s supermarket...
Payments messaging standards are a critical component of interoperability between the increasing number of payment networks around the world. As a method of “speaking the same language,” between various networks and banks, these standards elevate the efficiency of both domestic and cross-border transactions, promote security...
Challenger bank Agora Services wants to address challenges with banking for small businesses with a new solution called Agora SMB, which will help them compete with bigger banks, a press release says. Get the Full Story Complete the form to unlock this article and enjoy...
Google’s transition to SAP Ariba‘s cloud-based services has a completion date set for Aug. 24 after multiple waves that began last October, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Not everyone favors the Federal Reserve Board’s launch of its settlement service designed to eliminate the three-day check clearing and support instant payments in the U.S. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
CHAMPS Group Purchasing is partnering with Procurement Partners, which works in procure-to-pay (P2P) solutions, to provide a new service for suppliers, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The scenario of frazzled buyers negotiating extended payment terms — in many cases having to choose who gets paid and who doesn’t — has made the whole “invoice to check to envelope to swirling vortex of the unknown” thing absurd. Who has the time for...
