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.

NuORDER, Black Diamond Team On B2B eCommerce Platform

NuORDER, Black Diamond Team On B2B eCommerce Platform
NuORDER, Black Diamond Team On B2B eCommerce Platform
March 21, 2021  |  B2B Payments

B2B wholesale eCommerce platform provider NuORDER will provide its digital buying platform for Black Diamond Equipment beginning this year, according to a press release. Get...

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Lawmakers Back Act To Protect FIs Working With Pro-Pot Businesses
Lawmakers Back Act To Protect FIs Working With Pro-Pot Businesses
March 21, 2021  |  B2B Payments

A Colorado Congressman, with the official backing of more than 100 colleagues from both major political parties, has reintroduced the SAFE Banking Act in Congress...

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SMBs Could Help Italy Grow GDP Via Digital Innovation
SMBs Could Help Italy Grow GDP Via Digital Innovation
March 21, 2021  |  B2B Payments

Italy, which ranked fourth-to-last for digital competitiveness in Europe in 2019, could have a chance to better its standing because of the pandemic, Reuters reported....

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Deutsche Bank, TIS Partner On Corporate Fraud Prevention
Deutsche Bank, TIS Partner On Corporate Fraud Prevention
March 21, 2021  |  B2B Payments

Deutsche Bank and Treasury Intelligence Solutions (TIS) will be entering a strategic partnership in order to work on multi-bank issues, including fraud, according to a...

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Today In B2B: More Trouble For Trade Finance; Higo Lands Funds For ‘Venmo For B2B Payments’
Today In B2B: More Trouble For Trade Finance; Higo Lands Funds For ‘Venmo For B2B...
March 19, 2021  |  B2B Payments

Today in B2B payments, more trouble for the trade finance space is brewing, plus Higo secures funding for its “Venmo for B2B payments” technology. Plus,...

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Nacha’s WEB Debit Account Validation Rule Takes Effect
Nacha’s WEB Debit Account Validation Rule Takes Effect
March 19, 2021  |  Regulation

The nonprofit Nacha, which enables Automated Clearing House (ACH) payments, announced that the WEB Debit Account Validation Rule took effect on Friday (March 19), according to...

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New Study: Firms Wait 18 Percent Longer To Get Paid Without AR Automation
New Study: Firms Wait 18 Percent Longer To Get Paid Without AR Automation
March 19, 2021  |  B2B Payments

At a time when rapid digitization is the order of the day, many businesses are still relying on manual accounts receivable (AR) processes that decelerate...

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Young B2B FinTechs Secure Their First VC Rounds
Young B2B FinTechs Secure Their First VC Rounds
March 19, 2021  |  B2B Payments

A French payroll FinTech secured the lead with a nine-figure investment round, but this week’s B2B venture capital roundup is dominated by younger B2B FinTechs...

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Ending The Digital Tug-Of-War That Keeps Trade Finance In The Dark Ages
Ending The Digital Tug-Of-War That Keeps Trade Finance In The Dark Ages
March 19, 2021  |  B2B Payments

The barriers that once prevented corporates from expanding on a global scale have largely come down in recent years, and cross-border trade is now not...

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