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.

Lufthansa Extends ‘Pay As You Fly’ Program To Subsidiaries

Lufthansa Extends ‘Pay As You Fly’ Program To Subsidiaries
Lufthansa Extends ‘Pay As You Fly’ Program To Subsidiaries
March 24, 2021  |  Travel Payments

The Lufthansa Group is broadening its “Pay as you Fly” business travel program in order to make it available for its subsidiaries, Swiss, Austrian and...

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Volofin To Offer Blockchain Invoice Financing System
Volofin To Offer Blockchain Invoice Financing System
March 24, 2021  |  B2B Payments

Singapore-based volofin will offer a blockchain invoice financing system for backers and small to medium-sized businesses (SMBs) in Singapore, India and the United States at...

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Globality, Aquanima Team On AI-Based B2B Procurement
Globality, Aquanima Team On AI-Based B2B Procurement
March 24, 2021  |  Artificial Intelligence

Tech companies Globality and Aquanima, a Banco Santander subsidiary that works in procurement process management, have agreed for Aquanima to use Globality’s Smart Sourcing Platform,...

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Today In B2B: Trullion Talks Corporate Finance Data Silos; Finagraph Loops Into Visa Business Cards
Today In B2B: Trullion Talks Corporate Finance Data Silos; Finagraph Loops Into Visa Business Cards
March 23, 2021  |  B2B Payments

Today in B2B payments, Trullion talks corporate finance data silos, and Visa Business cardholders secure a cash flow management tool. Plus, Revolut expands in the...

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B2B Payments Firm AvidXchange Could Hit $7 Billion Valuation In IPO
B2B Payments Firm AvidXchange Could Hit $7 Billion Valuation In IPO
March 23, 2021  |  IPO

The business-to-business (B2B) payments firm AvidXchange is eyeing an initial public offering (IPO) that could give the North Carolina company a valuation topping $7 billion,...

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Unlocking Data To Usher Corporate Finance Into An Unsiloed Future
Unlocking Data To Usher Corporate Finance Into An Unsiloed Future
March 23, 2021  |  B2B Payments

Unlocking the “single source of truth” for corporate finance leaders is a hot-button topic that is driving FinTech innovation (as well as venture capital interest)...

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Banks Large And Small Turn To FinTech Friends For Modernization
Banks Large And Small Turn To FinTech Friends For Modernization
March 23, 2021  |  B2B Payments

From multinational banks to community financial institutions (FIs), teaming up with external help can be a valuable strategy to strengthening product offerings. Get the Full...

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Suppliers Drive Focus On Taking Virtual Commercial Cards Global
Suppliers Drive Focus On Taking Virtual Commercial Cards Global
March 23, 2021  |  B2B Payments

Corporates continue to lower their guard against digitization, embracing electronic B2B payments as they press ahead in their modernization efforts. Over the past several months,...

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Pacific National Under Audit For Possible Double Payments
Pacific National Under Audit For Possible Double Payments
March 23, 2021  |  B2B Payments

Rail haulage group Pacific National won’t be using its early payments provider C2FO in favor of a specialist audit program by June, according to a...

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