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.
Holiday Shopping’s Logistical Back End Gets AI Boost
Holiday Shopping’s Logistical Back End Gets AI Boost
September 29, 2023  |  Supply Chain

Summer may feel like yesterday, but already, the holiday season is on the horizon. As it gets closer, buyers, suppliers, shippers and carriers all need...

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Sage and Swoop Partner to Help Small Businesses Access Funding
Sage and Swoop Partner to Help Small Businesses Access Funding
September 29, 2023  |  SMBs

Sage, a provider of accounting and financial technology, has partnered with Swoop, a FinTech company specializing in funding solutions, to provide business funding and cost-savings solutions....

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59% of Small Businesses Would Switch to Cheaper Payment Processors
59% of Small Businesses Would Switch to Cheaper Payment Processors
September 29, 2023  |  SMBs

Small to midsized businesses (SMBs) on Main Street, U.S.A., view their payment processors favorably. With 85% of SMBs satisfied with their processor, those seeking to...

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Uber Freight Unveils Product Roadmap With AI-Powered Software
Uber Freight Unveils Product Roadmap With AI-Powered Software
September 28, 2023  |  artificial intelligence

Uber Freight has unveiled its product roadmap, incorporating artificial intelligence-powered software to transform the global movement of goods. This announcement follows Uber Freight’s acquisition of...

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Banks Tap Virtual Cards to Help Businesses Streamline Expense Management
Banks Tap Virtual Cards to Help Businesses Streamline Expense Management
September 28, 2023  |  B2B Payments

Businesses have long relied on debit and credit card transactions, but digitization is ushering a new era of more secure electronic payment options, such as...

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UPS Acquires MNX to Enhance Time-Critical Logistics for Healthcare
UPS Acquires MNX to Enhance Time-Critical Logistics for Healthcare
September 28, 2023  |  Acquisitions

UPS has entered into an agreement to acquire MNX Global Logistics, a global time-critical logistics provider. This move aims to enhance UPS’ precision and capability in offering...

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Apron Raises $14 Million to Expand Business Payments Platform
Apron Raises $14 Million to Expand Business Payments Platform
September 28, 2023  |  SMBs

U.K. FinTech platform Apron is launching new small business products after raising $14 million. The Series A round, announced Thursday (Sept. 28), will help the London-based...

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Report: 40% of CFOs Cut Spending Due to Rate Hikes
Report: 40% of CFOs Cut Spending Due to Rate Hikes
September 28, 2023  |  CFO

A new survey finds a growing number of CFOs trimming spending due to higher interest rates. The survey, issued earlier this week by Duke University’s Fuqua School of...

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Deluxe and Aliaswire Team to Upgrade Bank Bill Payments
Deluxe and Aliaswire Team to Upgrade Bank Bill Payments
September 28, 2023  |  Digital Payments

Payments firm Deluxe has launched a digital bill payment partnership with FinTech Aliaswire. The collaboration, announced Thursday (Sept. 28), adds Aliaswire’s DirectBiller bill payment technology to Deluxe’s network of banks, partners and...

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