B2B Payments

The highly complex payments processes and networks that power $120 trillion in payments flows that move between businesses globally each year. The B2B Payments ecosystem is undergoing a massive digital transformation as corporates move away from paper-based processes and payments methods to digital workflows that more efficiently move money and data between trading partners. These efficiencies give corporates more visibility into their cash position across their supply chain and innovations in accounts payments and receivables are helping buyers and suppliers to align on payments terms and trade credit.

Today in B2B: PayFacs Boost The B2B Payment Experience; Square Loans Launches Down Under

Today in B2B: PayFacs Boost The B2B Payment Experience; Square Loans Launches Down Under
Today in B2B: PayFacs Boost The B2B Payment Experience; Square Loans Launches Down Under
April 15, 2021  |  B2B Payments

Today in B2B payments, Versapay discusses the value of PayFacs, and Square launches lending down under. Plus, Nuvocargo eyes U.S.-Mexico supply chain finance, WEX announces...

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Botkeeper Works To Cut Costs For Smaller Accounting Firms
Botkeeper Works To Cut Costs For Smaller Accounting Firms
April 15, 2021  |  B2B Payments

Machine learning (ML)-powered bookkeeping solution Botkeeper has rolled out a new pricing model that will break down cost barriers, increase scale and give more access...

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AvidXchange Rolls Out PO Features For Accounting Systems
AvidXchange Rolls Out PO Features For Accounting Systems
April 15, 2021  |  Accounts Payable

Accounts payable (AP) and payment automation company AvidXchange revealed new purchase order (PO) functionality for five accounting systems, including Intuit QuickBooks, Oracle NetSuite, Microsoft Dynamics...

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Spence Labs Collab Helps Banks Serve Legal Cannabis Market
Spence Labs Collab Helps Banks Serve Legal Cannabis Market
April 15, 2021  |  B2B Payments

To provide a digital payment offering to financial institutions (FIs) working with cannabis-related businesses (CRBs), digital payment company Spence Labs has collaborated with cannabis banking...

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Amazon Starts $250 Million Venture Fund Targeting Tech In India
Amazon Starts $250 Million Venture Fund Targeting Tech In India
April 15, 2021  |  Amazon Investments

Amazon’s launch of a $250 million venture fund focused on India is the Big Tech company’s next big step for its investment program targeting the...

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Emerging Technologies, Services Drive Payment Rail Innovation
Emerging Technologies, Services Drive Payment Rail Innovation
April 15, 2021  |  B2B Payments

This week’s round-up of the newest innovations in payment rails for B2B payments shows a key focus on improving upon existing rails — and fueling...

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Digital Platforms Improve Trade, Supply Chain Finance Between US, Mexico
Digital Platforms Improve Trade, Supply Chain Finance Between US, Mexico
April 15, 2021  |  B2B Payments

International trade, and trade finance, has long been dominated by what might be called the paper chase – the documents, the signatures, the invoices that...

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PayFacs Tap Embedded Payments To Improve The B2B Customer Experience
PayFacs Tap Embedded Payments To Improve The B2B Customer Experience
April 15, 2021  |  B2B Payments

Rising expectations among buyers, for both consumers and businesses, are making an impact throughout the entire transaction experience. That includes product sourcing, customer service and,...

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Bolero, Virtusa Partner On Trade Finance
Bolero, Virtusa Partner On Trade Finance
April 14, 2021  |  Partnerships / Acquisitions

Bolero International, which works in cloud-based trade finance digitization, has partnered with Virtusa Corporation in order to help with Bolero’s new white-label trade finance Portal-as-a-Service...

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