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.
EchoPay and Token.io Partner on Account-to-Account Payments for UK Wholesalers
EchoPay and Token.io Partner on Account-to-Account Payments for UK Wholesalers
August 22, 2023  |  Partnerships

EchoPay and Token.io have joined forces to introduce account-to-account (A2A) payments to wholesale merchants in the United Kingdom. This partnership aims to significantly reduce payment costs for wholesalers...

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SWIFT’s Headway on Faster Cross-Border Payments Is Just the Beginning
SWIFT’s Headway on Faster Cross-Border Payments Is Just the Beginning
August 22, 2023  |  Faster Payments

One overarching theme in payments — no matter whether commercial or retail transactions — is that of speed.   Faster payments tend to translate into greater...

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Generative AI Helps Auto-Complete Commercial Transactions
Generative AI Helps Auto-Complete Commercial Transactions
August 22, 2023  |  Artificial Intelligence

The B2B ecosystem is mired in legacy and often interpersonal, relationship-based processes. At the same time, commercial buying and selling has become increasingly complex and...

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Koverly Launches B2B BNPL Platform for International Trade
Koverly Launches B2B BNPL Platform for International Trade
August 22, 2023  |  B2B Payments

Koverly has unveiled its B2B buy now, pay later (BNPL) platform, offering businesses enhanced payment flexibility and reduced foreign exchange (FX) rates. The standout feature of...

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Global B2B Payments Network TreviPay Adds Cross-Currency Feature
Global B2B Payments Network TreviPay Adds Cross-Currency Feature
August 22, 2023  |  B2B Payments

TreviPay has introduced a new feature that enables merchants to process cross-currency transactions for their B2B customers. This development aims to facilitate global business growth and enhance buyer...

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Commercial Card Adoption Poised to Rise as Acceptance Costs Decrease
Commercial Card Adoption Poised to Rise as Acceptance Costs Decrease
August 22, 2023  |  B2B Payments

Commercial card adoption, long sidelined by businesses because of cost concerns, is experiencing a renewed interest in business-to-business (B2B) transactions. The primary drivers of this...

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Working Capital Innovations Give Travel Sector Flexible Financing Tailwinds
Working Capital Innovations Give Travel Sector Flexible Financing Tailwinds
August 22, 2023  |  Travel Payments

Demand for travel has taken flight this summer, with record-breaking numbers of people planning trips. This seasonal surge in sunny escapism is not just limited to leisure...

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The 3 Things Every Successful Payments Method Must Have
The 3 Things Every Successful Payments Method Must Have
August 22, 2023  |  Payment Methods

The view may be better from the edge, but the experience is richer at the center. And for end-users, that is truer than ever when...

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Automation Enhances AP/AR Workflows as CFOs Urged to Embrace Advanced Tech
Automation Enhances AP/AR Workflows as CFOs Urged to Embrace Advanced Tech
August 21, 2023  |  Commercial Payments

Automation and artificial intelligence (AI) have become essential tools in the business-to-business (B2B) landscape, transforming various aspects of financial operations and payment processes. For instance,...

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