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.

EY Joins Forces With GTKonnect For Global Trade Services Expansion

EY Joins Forces With GTKonnect For Global Trade Services Expansion
EY Joins Forces With GTKonnect For Global Trade Services Expansion
June 01, 2020  |  B2B Payments

As part of EY’s international trade management services expansion, over 100 staffers from GTKonnect became a part of EY member firms in India and the...

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Phishing Attacks Continue To Find Fuel In A Global Pandemic
Phishing Attacks Continue To Find Fuel In A Global Pandemic
June 01, 2020  |  B2B Payments

Google issued a stark warning last week about the state of cybersecurity: Phishing attacks are on the rise and continue to take advantage of vulnerabilities...

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Why FinTech Won’t Be Enough To Tackle The Trade Finance Gap
Why FinTech Won’t Be Enough To Tackle The Trade Finance Gap
June 01, 2020  |  B2B Payments

Estimates of a $1.5 trillion trade finance gap were alarming when they surfaced several years ago, but the figure also presented an enticing opportunity for...

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Wells Fargo Announces New Risk Management Hires And Strategy
Wells Fargo Announces New Risk Management Hires And Strategy
June 01, 2020  |  Bank Regulation

Kevin Reen and Bill Juliano, who recently worked for J.P.Morgan Chase and Santander Bank respectively, will now serve as Wells Fargo‘s new corporate risk leaders,...

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Visa’s Kevin Phalen: Moving B2B Payments From Acceleration To Execution
Visa’s Kevin Phalen: Moving B2B Payments From Acceleration To Execution
June 01, 2020  |  VISA

The global pandemic has created public health and economic uncertainty on a scale not seen in a generation. It has also motivated the great digital...

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Nimbla Teams With Wiserfunding To Safeguard Invoices
Nimbla Teams With Wiserfunding To Safeguard Invoices
May 31, 2020  |  B2B Payments

U.K. invoice insurance provider Nimbla is teaming up with the credit risk assessment firm Wiserfunding, according to a report in Crowdfund Insider on Friday (May...

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albo Launches New Business Banking Service albo empresas
albo Launches New Business Banking Service albo empresas
May 31, 2020  |  B2B Payments

Mexican banking FinTech albo is now offering business banking services in addition to the individual services the company has provided previously, according to news site...

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Optimizing Contractor Payments And Productivity For A Flexible Workforce
Optimizing Contractor Payments And Productivity For A Flexible Workforce
May 29, 2020  |  B2B Payments

Late B2B payments continue to plague suppliers large and small throughout the supply chain, but it’s not just companies that are struggling to get paid...

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SMBs Explore Financing Options For Their Digital Transformations
SMBs Explore Financing Options For Their Digital Transformations
May 29, 2020  |  B2B Payments

Access to capital for small- to medium-sized businesses (SMBs) has always been vital, as well as a challenge. Borrowers don’t always have a consistent experience...

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