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.

How EDI Keeps The Invoice Data Flowing
How EDI Keeps The Invoice Data Flowing
January 13, 2021  |  B2B Payments

Data sharing with business partners, particularly suppliers, has evolved from a beneficial strategy that drives efficiency, to a vital way to keep business operations moving...

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Birmingham Bank Launches From Bira Bank To Serve SMBs
Birmingham Bank Launches From Bira Bank To Serve SMBs
January 12, 2021  |  B2B Payments

Birmingham Bank is launching in the U.K. to help serve small- to medium-sized businesses (SMBs), according to a report from BDaily. Get the Full Story...

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Billtrust To Make NASDAQ Debut, Trading As BTRS
Billtrust To Make NASDAQ Debut, Trading As BTRS
January 12, 2021  |  B2B Payments

Billtrust, which works in accounts receivable automation and integrated B2B payments, has completed a special purpose acquisition company (SPAC) merger with South Mountain Merger Corp.,...

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Starbucks Launches $100 Million Fund To Support SMBs
Starbucks Launches $100 Million Fund To Support SMBs
January 12, 2021  |  Investments

Starbucks announced on Tuesday (Jan. 12) that it is investing $100 million from now through 2025 to support small businesses located in minority neighborhoods. Get...

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B2B Payments Firm Modern Treasury Lands $38 Million
B2B Payments Firm Modern Treasury Lands $38 Million
January 12, 2021  |  B2B Payments

Payment operations software company Modern Treasury raised $38 million through an Altimeter Capital-led Series B funding round,  according to a Tuesday (Jan. 12) announcement. Get the...

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Lightspeed Rolls Out Vendor Network For SMBs
Lightspeed Rolls Out Vendor Network For SMBs
January 12, 2021  |  B2B Payments

Montreal-based omnichannel commerce platform provider Lightspeed has unveiled the “initial availability” of the Lightspeed Supplier Network for merchants in North America. Merchants in the pet,...

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Today In B2B: Small PPP Loans Cause Controversy; Bank Profits Sink
Today In B2B: Small PPP Loans Cause Controversy; Bank Profits Sink
January 12, 2021  |  B2B Payments

Today in B2B payments, some small businesses received less than $99 in Paycheck Protection Program (PPP) loans, and U.S. bank profits are expected to sink....

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Investment Managers Grapple With A Convergence Of Finance And Compliance
Investment Managers Grapple With A Convergence Of Finance And Compliance
January 12, 2021  |  B2B Payments

Juggling financial workflows is often an area of significant friction for any young business, with digital solutions opening up new avenues to optimize and automate....

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Open Banking Matures As FIs Eye Commercialization
Open Banking Matures As FIs Eye Commercialization
January 12, 2021  |  B2B Payments

More jurisdictions around the world are making headway in their open banking plans, and as this week’s roundup reveals, markets’ initiatives are maturing. While Saudi...

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