B2B Payments

B2B Payments
Number Of Corporate Accounting Errors Unexpectedly Climbs
September 24, 2018

A research firm has discovered that the number of material accounting mistakes made by U.S. public companies has gone up this year. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

B2B Payments
Biz Card Startup Brex Pursues Unicorn Status
September 24, 2018

Commercial card startup Brex is seeking unicorn status with its next funding round, The Wall Street Journal (WSJ) reported Friday (Sept. 21). Unnamed sources told the publication that DST Global is set to lead the firm’s next funding round, which could push its valuation to $1...

B2B Payments
eCapital: Modernizing The Factoring Tradition For A New Generation Of Fleet
September 24, 2018

Of the hundreds of thousands of freight carriers in the U.S. today, the vast majority are small fleets with only a handful of trucks. These companies have minimal credit histories in an industry notorious for tight cash flows, and that struggle to access traditional bank...

B2B Payments
Switzerland Eases Blockchain Firms’ Access To Bank Accounts
September 21, 2018

Switzerland is reportedly exploring ways to make it easier for blockchain companies to open corporate bank accounts as the government moves to prevent those innovators from leaving the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Nexus Explores Unexpected Challenges Of Faster Supplier Payments
September 21, 2018

Late and delayed supplier payments are often discussed as a problem that can plague any industry. While that may be true, in the real estate sector, suppliers are considered such valuable partners that late payments are avoided at all costs, said Jennifer Coolidge, founder and...

B2B Payments
FBI Sets Sights On Payroll Fraud Scheme
September 21, 2018

Payroll fraud is underway, according to the FBI's "IC3" division, targeting employees in a number of verticals. The key method is phishing. Elsewhere, Europol warns that threats loom for payments fraud as mobile banking gains traction.

B2B Payments
Bank Of America’s Corporate Banking Lead To Depart
September 21, 2018

A top corporate banking executive at Bank of America (BoA) is slated to depart the institution, according to The Wall Street Journal (WSJ) reports Thursday (Sept. 20). The head of BoA’s corporate and investment banking unit, Christian Meissner, is planning to leave, the WSJ reported, citing an...

B2B Payments
KeyFleet Introduces Fleet Financing Solution
September 21, 2018

U.K. fleet management company KeyFleet is rounding out its offering with added financing capabilities. Reports in The Business Desk on Thursday (Sept. 20) said KeyFleet is rolling out KeyFinance, a division of the business dedicated to linking fleet managers using its solution to financing offerings....

B2B Payments
Suplari Customizes AI Analytics For Procurement Teams
September 21, 2018

Artificial intelligence (AI) firm Suplari is targeting the procurement and finance functions in the enterprise with its newest offering. The company announced Thursday (Sept. 20) that its Insights Generator is now live, enabling businesses to use the Suplari Intelligence AI platform to develop custom analytics...