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: Veem Debuts Domestic SMB Payment Tool; Citi Digitizes Cross-Border B2B Payment Documents

Today In B2B: Veem Debuts Domestic SMB Payment Tool; Citi Digitizes Cross-Border B2B Payment Documents
Today In B2B: Veem Debuts Domestic SMB Payment Tool; Citi Digitizes Cross-Border B2B Payment Documents
March 09, 2021  |  B2B Payments

Today in B2B payments, WEX secures a partnership with Ford, Citi launches an international B2B payments document digitization solution and Century Business partners on commercial...

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Veem Debuts No-Fee Domestic Payment Product
Veem Debuts No-Fee Domestic Payment Product
March 09, 2021  |  Payment Methods

Veem, which works to provide online payments solutions, has rolled out Veem Local, a no-fee domestic payment product with ACH and check payment options for...

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UK Presses Further Ahead With Open Banking Ambitions
UK Presses Further Ahead With Open Banking Ambitions
March 09, 2021  |  B2B Payments

More countries around the world are following in the U.K.’s open banking footsteps, but now, the U.K. is ready to forge even further ahead with...

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The Merchant Cash Advance Seeks Opportunity In Disruption
The Merchant Cash Advance Seeks Opportunity In Disruption
March 09, 2021  |  B2B Payments

Business model flexibility became a lifeline for businesses of all kinds amid the pandemic. Whether it be manufacturers switching their product lines to create more...

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Collaborations Help B2B Payments Avoid Future Shock
Collaborations Help B2B Payments Avoid Future Shock
March 09, 2021  |  Partnerships / Acquisitions

One of the most effective conduits toward future proofing an organization and creating agile B2B payments is through partnerships. Get the Full Story Complete the...

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Ford Smart Mobility Will Refer Business Fleet Clients To WEX
Ford Smart Mobility Will Refer Business Fleet Clients To WEX
March 09, 2021  |  B2B Payments

WEX has made a deal with Ford Smart Mobility LLC through which the latter firm will be able to refer its business fleet clients to...

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Century Business, Riston Team On B2B Credit Card Processing
Century Business, Riston Team On B2B Credit Card Processing
March 08, 2021  |  B2B Payments

Century Business Solutions has announced a partnership with Riston Financial Service Group, an accounting and bookkeeping firm, to allow for credit card processing in QuickBooks,...

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Citi Rolls Out Digitized Records For International B2B Payments
Citi Rolls Out Digitized Records For International B2B Payments
March 08, 2021  |  B2B Payments

Citi has rolled out a new offering for its institutional customers that accelerates the handling of their international payments by digitizing supporting records. The offering...

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SoftBank-Backed Greensill Capital Seeks UK Insolvency Protection
SoftBank-Backed Greensill Capital Seeks UK Insolvency Protection
March 08, 2021  |  International

London-based Greensill Capital filed for insolvency protection following the takeover of its banking services division by U.K. regulators and the freezing of its funds by...

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