When the pandemic arrived in early 2020, a preponderance of B2B payments was still being made by paper checks, along with all the messy precursors to those checks, from Excel spreadsheets to outdated accounts payable (AP) systems to – no disrespect – the U.S. Postal...
The small business FinTech arena continues to blossom as more developers explore ways to address a market historically underserved by traditional financial institutions (FIs). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
There may be talk of a venture capital slowdown, but B2B FinTech saw a busy week, with more than $280 million raised. Investors found promise in startups that target financial institutions (FIs) with software to improve their own services, as well as FinTechs that offer...
Shuttered gyms are seeing memberships and on-site retail sales plummet, prompting many to shift their services online. But an absence of seamless digital payment experiences to complement these virtual offerings can deter customers from even signing up, says Ryon Packer, chief product officer at payment...
Risk management and payment technology provider linked2pay has debuted a new service, CustomerConnect, that is intended to cut down on late invoice payments, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
With “formal notice” provided to its clients that demand lengthier payment cycles, supply chain finance company Greensill said it has provided a last warning to firms that use its offerings to extend small business payment terms further than 30 days. Get the Full Story Complete the...
The new DBS Logistics Purchasing Card aims to save time and help prevent the spread of coronavirus for logistics companies with a cashless, contactless interface, according to a press release on Thursday (May 7). Get the Full Story Complete the form to unlock this article...
After inking a definitive agreement in January to acquire B2B optimization firm Optal and B2B travel payments company eNett, WEX Inc. said in its Q1 results on Thursday (May 7) that the pandemic, and conditions stemming from it, “have had, and continue to have, a...
Data analytics technologies like artificial intelligence and machine learning continue to move swiftly into accounts payable (AP) and accounts receivable (AR) departments. From businesses just beginning their digital transformation journeys, to those more advanced along the path, these tools can be a valuable way to...
