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.

Square Launches On Demand Payroll

Square Launches On Demand Payroll
Square Launches On Demand Payroll
September 15, 2020  |  Digital Payments

Square Inc. on Tuesday (Sept. 15) announced the launch of two new features the company says will make payroll easier for employers and employees alike....

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Why Early Access To Earned Wages Is No Longer Reserved For The Gig Economy
Why Early Access To Earned Wages Is No Longer Reserved For The Gig Economy
September 15, 2020  |  B2B Payments

Just like accounts payable (AP) departments, payroll clerks have been faced with major disruption as a result of the pandemic, particularly when payroll systems remain...

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RTP, Blockchain Make Inroads Within Corporations
RTP, Blockchain Make Inroads Within Corporations
September 15, 2020  |  B2B Payments

As if the coronavirus crisis wasn’t enough of a challenge for organizations still printing, cutting and mailing paper checks, the ongoing slowdowns at the U.S....

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The EU’s Single Digital Market’s Push To Streamline Payments
The EU’s Single Digital Market’s Push To Streamline Payments
September 15, 2020  |  B2B Payments

Although they are vastly different beasts, shifts in the consumer payments ecosystem have significantly impacted the flow of B2B payments. Get the Full Story Complete...

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SutiSoft Debuts Tech For Receipt Production, Management
SutiSoft Debuts Tech For Receipt Production, Management
September 15, 2020  |  B2B Payments

Cloud software firm SutiSoft has rolled out its new SutiProcure 6.2 program, which will work to help procurement teams create receipts and manage the return...

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Emirates NBD Debuts International Payments Hub For Six Countries
Emirates NBD Debuts International Payments Hub For Six Countries
September 14, 2020  |  B2B Payments

Middle Eastern finance group Emirates National Bank Dubai (NBD) has deployed a centralized international payments hub on Tata Consultancy Services‘ TCS BaNCS For Payments, according...

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Citi To Face Regulators’ Rebuke Over Faulty Risk Management
Citi To Face Regulators’ Rebuke Over Faulty Risk Management
September 14, 2020  |  Bank Regulation

Regulators are expected to reprimand Citigroup for its faulty risk management system, which works to detect problematic transactions, risky trades and other such issues, and...

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Nexus Debuts Enhanced Platform For Supplier Payments
Nexus Debuts Enhanced Platform For Supplier Payments
September 14, 2020  |  B2B Payments

To let real estate firms get started with automated payments in an expedient manner, real estate-focused accounts payable (AP) technology provider Nexus has rolled out...

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First Horizon To Roll Out Instant B2B Payments With Interchecks
First Horizon To Roll Out Instant B2B Payments With Interchecks
September 14, 2020  |  B2B Payments

First Horizon National Corp., a Tennessee-based regional financial services firm, plans to roll out ClearPath Fast Payments with the help of Interchecks, a FinTech startup,...

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