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.

Visa: Forging A ‘Network Of Networks’ To Modernize B2B Payments

Visa: Forging A ‘Network Of Networks’ To Modernize B2B Payments
Visa: Forging A ‘Network Of Networks’ To Modernize B2B Payments
August 11, 2020  |  B2B Payments

From a lack of supplier acceptance of electronic payments to outdated infrastructure within accounts payable (AP) departments, the B2B payments ecosystem still has much room...

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Uber CEO Calls On States To Require Gig Worker Benefits
Uber CEO Calls On States To Require Gig Worker Benefits
August 10, 2020  |  Gig Economy

Uber CEO Dara Khosrowshahi took to the pages of The New York Times on Monday (Aug. 10) to call upon gig companies, such as ridesharing...

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Billtrust Adds ACH, Wire Support To Business Payments Network
Billtrust Adds ACH, Wire Support To Business Payments Network
August 10, 2020  |  B2B Payments

When B2B order-to-cash technology provider Billtrust announced the launch of its Business Payments Network (BPN) in late-2018, it was a solution designed to tackle one...

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Connecting B2B SMBs To Financing When Traditional Lenders Pull Back
Connecting B2B SMBs To Financing When Traditional Lenders Pull Back
August 10, 2020  |  B2B Payments

Despite government initiatives to connect small businesses to capital as quickly as possible, the U.S.’s Paycheck Protection Program (PPP) was wrought with confusion and inefficiencies....

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Ireland’s Grocery Industry Doubles Down On Accelerated Vendor Payments
Ireland’s Grocery Industry Doubles Down On Accelerated Vendor Payments
August 10, 2020  |  B2B Payments

Amid rising market volatility, some large organizations have positioned themselves to support their small suppliers by accelerating payment terms. The grocery industry has been among...

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Messaging Standards Bring Clarity To A Fragmented Payments Ecosystem
Messaging Standards Bring Clarity To A Fragmented Payments Ecosystem
August 10, 2020  |  B2B Payments

Payments messaging standards are a critical component of interoperability between the increasing number of payment networks around the world. As a method of “speaking the...

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Agora Services Debuts New Tools For SMB Banking
Agora Services Debuts New Tools For SMB Banking
August 10, 2020  |  B2B Payments

Challenger bank Agora Services wants to address challenges with banking for small businesses with a new solution called Agora SMB, which will help them compete...

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Google Almost Done With Transition To SAP Ariba Network
Google Almost Done With Transition To SAP Ariba Network
August 10, 2020  |  B2B Payments

Google’s transition to SAP Ariba‘s cloud-based services has a completion date set for Aug. 24 after multiple waves that began last October, according to a...

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CHAMPS Group Purchasing Works With Procurement Partners On Smoother P2P Services
CHAMPS Group Purchasing Works With Procurement Partners On Smoother P2P Services
August 09, 2020  |  B2B Payments

CHAMPS Group Purchasing is partnering with Procurement Partners, which works in procure-to-pay (P2P) solutions, to provide a new service for suppliers, a press release says....

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