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.

Two Banking Groups Call For Automatic PPP Loan Forgiveness

Two Banking Groups Call For Automatic PPP Loan Forgiveness
Two Banking Groups Call For Automatic PPP Loan Forgiveness
June 03, 2020  |  Loans

The Consumer Bankers Association and Bank Policy Institute, in a co-signed letter, have called on Congress to automatically forgive Paycheck Protection Program (PPP) loans under $150,000....

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UK Reinstates IBM, BT To Prompt Payment Code
UK Reinstates IBM, BT To Prompt Payment Code
June 03, 2020  |  B2B Payments

After bolstering their supply chain payment practices, five companies that were suspended from the Prompt Payment Code (PPC) in the past have been reinstated. Screwfix,...

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Vector Teams With McLeod Software To Speed Up Transportation Billing
Vector Teams With McLeod Software To Speed Up Transportation Billing
June 03, 2020  |  B2B Payments

To speed up fleet and billing functions for truck drivers as well as back-office staffers, mobile capture and workflow technology company Vector has teamed with...

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Payroll Gears Up To Leapfrog Into APIs, Faster Payments
Payroll Gears Up To Leapfrog Into APIs, Faster Payments
June 03, 2020  |  B2B Payments

Centuries-old banks have been operating on decades-old infrastructure, leaving many traditional financial institutions (FIs) to stand idle and offer little in the way of digital-native...

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FinTechs Take The Initiative In Bank Collaboration
FinTechs Take The Initiative In Bank Collaboration
June 03, 2020  |  B2B Payments

Bank-FinTech collaboration continues to proliferate in markets around the world. This week’s look at the latest tie-ups show the U.K. and Europe embracing FinTechs in...

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Real-Time Payments’ Real-Time Achilles Heel
Real-Time Payments’ Real-Time Achilles Heel
June 03, 2020  |  API

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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DBS Bank India Collab Provides Truck Drivers With Instant Payments
DBS Bank India Collab Provides Truck Drivers With Instant Payments
June 02, 2020  |  B2B Payments

DBS Bank India is partnering with Transport Corporation of India Limited (TCIL), which works in supply chains and logistics services, to provide truck drivers with...

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GoCardless Partners With YayPay For Faster Automated B2B Payments
GoCardless Partners With YayPay For Faster Automated B2B Payments
June 02, 2020  |  B2B Payments

GoCardless, a FinTech specializing in recurring payments, has partnered with predictive accounts receivable (AR) automation solution firm YayPay, which will allow the latter to integrate...

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Amazon Seeks To Use Blockchain Tech For Supply Chain Trust
Amazon Seeks To Use Blockchain Tech For Supply Chain Trust
June 02, 2020  |  B2B Payments

Amazon Technologies Inc. is seeking to create supply chain trust with “verifiable tracking of an item through a supply chain using a distributed electronic ledger,”...

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