B2B Payments

B2B Payments
Mastercard’s Menendez: Solving Freight’s Big Payment Frictions
June 06, 2018

Mary found the perfect deck furniture while shopping online. The process couldn’t have been easier: All it took was a quick search and a simple checkout to solve her summer entertaining problems. That is, until Mary saw in her order confirmation that she could expect...

B2B Payments
Supply Chain ‘Bullying’ Tied to UK’s SMB Late Payments Deluge?
June 05, 2018

Late payments are decimating SMBs cash flow in the UK. Federation of Small Businesses chair Mike Cherry issued a call to change the power large firms hold over smaller suppliers, with an eye on ending large firms’ ‘bullying’ processes. Research shows that for SMBs, the payment...

B2B Payments
Citi’s Treasury Unit Embraces UK Open Banking
June 05, 2018

Citi is the first corporate bank to enroll in the U.K.’s Open Banking Directory in an effort to enhance payment and collection services for business clients, the FI said Monday (June 4). Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
Sage: Changing B2B Payments Behavior
June 05, 2018

In its latest research, business intelligence firm RFI found that most millennials in the U.K. actually trust PayPal more than they do traditional banks – at least, when it comes to managing their data. In the U.S., survey respondents agreed that new financial services from...

B2B Payments
The Changing Face Of Trust For Treasurer-Bank Relationships
June 05, 2018

Trust is key for any transaction, particularly when it comes to dealings between a customer and a financial institution. A mix of factors – from bank scandals to industry competition – appear to be shifting consumers’ trust levels with banks. A survey released by RFI...

B2B Payments
WEX To Issue Shell’s Commercial Fleet Cards
June 05, 2018

Fuel conglomerate Shell has chosen commercial payments company WEX to issue its suite of commercial fleet cards in the U.S. and Canada, the companies announced Monday (June 4). Equilon Enterprises LLC (DBA Shell Oil Products U.S. and Shell Canada Products) will have WEX issue its...

B2B Payments
Microsoft To Bolster Small Businesses With First Bank of Nigeria
June 05, 2018

Microsoft is partnering with First Bank of Nigeria to provide support for small businesses in the country, reported in Nigerian outlet The Guardian on Monday (June 4). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

B2B Payments
China Efforts To Reign In Corporate Debt To Hurt Economic Growth, Says Fitch
June 05, 2018

Global ratings agency Fitch warns that China’s efforts to reduce corporate debt levels will likely have a negative impact on the nation’s economy, according to South China Morning Post reports Monday (June 4). Get the Full Story Complete the form to unlock this article and...

B2B Payments
Egencia: Cost Savings A Key Focus For SMB Travel Policy In 2018 And Beyond
June 04, 2018

Egencia finds in a study that SMBs are eyeing travel costs to boost bottom lines, with 85 percent stating it is a key focus for the next year. That comes against a backdrop where a significant number of business travelers have “booking freedom.”