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.

Oxbury, ClearBank To Help Farmers With B2B Payments

Oxbury, ClearBank To Help Farmers With B2B Payments
Oxbury, ClearBank To Help Farmers With B2B Payments
July 02, 2020  |  B2B Payments

U.K.-based specialty bank Oxbury will use ClearBank’s cloud banking platform to help farms and food producers access U.K. payment schemes and B2B advantages, a press release...

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Fundbox Founder Steps Aside As CEO
Fundbox Founder Steps Aside As CEO
July 02, 2020  |  Personnel

Fundbox Founder Eyal Shinar is moving over from his CEO role to become the B2B credit-and-payments company’s executive chairman. Prashant Fuloria, currently Fundbox’s chief operating...

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Wirecard Saga Reignites Debate Over Auditors’ Role In Combatting Fraud
Wirecard Saga Reignites Debate Over Auditors’ Role In Combatting Fraud
July 02, 2020  |  B2B Payments

As the fallout from Wirecard‘s $2 billion accounting scandal continues, some attention has turned to the Germany-based payment company’s auditor, Ernst & Young (EY). Get...

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Payroll Cards Find Opportunity In Corporates’ Digitization Push
Payroll Cards Find Opportunity In Corporates’ Digitization Push
July 02, 2020  |  B2B Payments

With the pandemic nudging businesses further into the digital payments realm, commercial card innovation is heating up to capitalize on the opportunity for adoption. This...

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US Bank On Improving B2B Payments Via Open Banking
US Bank On Improving B2B Payments Via Open Banking
July 02, 2020  |  API

B2B payments are often complicated by incompatible systems that delay transactions and add additional fees. Embracing open banking can help, but many financial institutions have...

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The Economic – And Ergonomic – Value Of Commercial Card Optimization
The Economic – And Ergonomic – Value Of Commercial Card Optimization
July 02, 2020  |  B2B Payments

Corporates of all sizes and verticals are taking an introspective look at internal operations to pinpoint areas of opportunity for working capital optimization. Often at...

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New Marg ERP Feature To Aid Social Distancing In B2B Payments
New Marg ERP Feature To Aid Social Distancing In B2B Payments
July 02, 2020  |  B2B Payments

A new digital, contactless feature for India-based software developer Marg ERP will hopefully help users maintain social distancing when working with retailers and other people...

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UK Treasury Nixes Idea For New Coronavirus Funding Scheme
UK Treasury Nixes Idea For New Coronavirus Funding Scheme
July 02, 2020  |  B2B Payments

The U.K. Treasury will not be rolling out a proposed emergency coronavirus funding scheme that would have sent billions to providers of supply chain finance,...

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Dawn Foods Debuts B2B Program For Bakeries
Dawn Foods Debuts B2B Program For Bakeries
July 01, 2020  |  B2B Payments

Global bakery manufacturer and ingredients supplier Dawn Foods has introduced a new eCommerce platform for bakeries, according to a press release. Get the Full Story...

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