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.

The Bank-FinTech Tie-Up Evolves

The Bank-FinTech Tie-Up Evolves
The Bank-FinTech Tie-Up Evolves
August 06, 2020  |  B2B Payments

As bank-FinTech collaborations evolve, more traditional financial institutions (FIs) are not only implementing services and technologies developed by FinTech partners, but they’re also lending their...

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For SMBs, The Pressure’s On To Embrace Payroll Flexibility
For SMBs, The Pressure’s On To Embrace Payroll Flexibility
August 06, 2020  |  B2B Payments

In a pre-pandemic world, the workforce was in dramatic flux. From the rise of the gig economy and lower barriers to becoming an independent contractor...

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Coke’s Bottlers To Test Ethereum For Supply Chain Management
Coke’s Bottlers To Test Ethereum For Supply Chain Management
August 06, 2020  |  B2B Payments

The IT firm Coke One North America Services (CONA), owned by the major Coca-Cola bottling companies, will try out the Baseline Protocol, a public Ethereum...

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Contis Applies For RBS Bailout Fund, Looking To Develop SMBs
Contis Applies For RBS Bailout Fund, Looking To Develop SMBs
August 06, 2020  |  B2B Payments

Payments provider Contis has applied for the Royal Bank of Scotland (RBS) and Banking Competition Remedies (BCR) Alternative Remedies Package, two grants totaling £35 million...

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Helium 10 Offers Amazon Sellers Digital Wallet, Credit Approval With Alta
Helium 10 Offers Amazon Sellers Digital Wallet, Credit Approval With Alta
August 05, 2020  |  B2B Payments

Helium 10 has launched its new Alta program, which will let Amazon sellers access “robust digital wallet, rapid approval credit lines, daily advances on Amazon...

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Deem’s New Software Aims To Boost Corporate Travel Booking Services
Deem’s New Software Aims To Boost Corporate Travel Booking Services
August 05, 2020  |  B2B Payments

Deem, which works in mobile and cloud technology, has launched corporate travel booking software Deem Rise, according to a press release. Get the Full Story...

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The Corporate Card Goes Contactless
The Corporate Card Goes Contactless
August 05, 2020  |  B2B Payments

As B2B FinTechs explore the value of the commercial card, they’re integrating card payment capabilities across more scenarios, from vendor payments to employee expense management....

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Maintaining Control When Employee Spend Looks More Like Procurement
Maintaining Control When Employee Spend Looks More Like Procurement
August 05, 2020  |  B2B Payments

The expense report has come a long way since the days of paper spreadsheets and stapled receipts. In the last decade, automation technology has closed...

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Western Union CFO On Q2 And The New-To-WU Consumers’ Big Digital Shift
Western Union CFO On Q2 And The New-To-WU Consumers’ Big Digital Shift
August 05, 2020  |  Earnings

Western Union (WU) reported Tuesday (Aug. 4) that while second-quarter revenues fell for much of its business, WesternUnion.com’s average monthly active customers shot up 45...

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