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.

Vendor Payment Habits Shift In A Pandemic-Fueled Cash Flow Squeeze

Vendor Payment Habits Shift In A Pandemic-Fueled Cash Flow Squeeze
Vendor Payment Habits Shift In A Pandemic-Fueled Cash Flow Squeeze
May 18, 2020  |  B2B Payments

The pandemic continues to drive forward the conversation about B2B supplier payment habits, as some retailers vow to maintain timely payment terms to promote the...

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B2B VC Firm FINTOP Exceeds Goal With $126M
B2B VC Firm FINTOP Exceeds Goal With $126M
May 17, 2020  |  B2B Payments

Venture capital (VC) firm FINTOP Capital closed FINTOP Fund II with $126 million, surpassing the company’s goal of $100 million, FINTOP said in a statement....

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Office Depot Restructuring To Support B2B Solutions, IT Services
Office Depot Restructuring To Support B2B Solutions, IT Services
May 17, 2020  |  B2B Payments

In order to “realign its operational focus to support its business-to-business solutions and IT services business units and improve costs,” Office Depot is planning to...

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Esticom, Foundation Team To Speed Up Construction Project Management
Esticom, Foundation Team To Speed Up Construction Project Management
May 17, 2020  |  B2B Payments

Esticom, a cloud-based estimating software that aims to aid contractors, is partnering with Foundation Software to help construction company management by streamlining the exchange of...

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Drip Solution Will Help SMB Importers Unlock Working Capital
Drip Solution Will Help SMB Importers Unlock Working Capital
May 17, 2020  |  B2B Payments

Trade finance firm Drip Capital has introduced a new solution called GoTrade to help companies receiving shipments of meat, seafood and other such commodities get...

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Atlanta Fed: GDP Could Tumble By 43 Pct In Q2
Atlanta Fed: GDP Could Tumble By 43 Pct In Q2
May 15, 2020  |  Economy

Just when the economy can’t take any more bad news, the Federal Reserve Bank of Atlanta is predicting the national gross domestic product (GDP) is...

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Credit Unions Reserve Their Seat At The Faster Payments Table
Credit Unions Reserve Their Seat At The Faster Payments Table
May 15, 2020  |  B2B Payments

Digital transformation is an imperative component of the ability of credit unions (CUs) to compete in the financial services market. But as institutions that are...

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B2B FinTechs Find Funding To Ease Firms’ Digital Transformations
B2B FinTechs Find Funding To Ease Firms’ Digital Transformations
May 15, 2020  |  B2B Payments

Much of the $117 million raised by B2B FinTechs from venture capitalists this week targets money management services for businesses, including invoice financing, lending and...

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JAGGAER Update Enables B2B Payments Via Virtual Cards
JAGGAER Update Enables B2B Payments Via Virtual Cards
May 15, 2020  |  B2B Payments

Corporate expense management technology provider JAGGAER is expanding its accounts payable capabilities with the addition of support for virtual cards for supplier payments. Get the Full...

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