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.

WEX Tries To Back Out Of Optal, eNett Deal Due To Pandemic

WEX Tries To Back Out Of Optal, eNett Deal Due To Pandemic
WEX Tries To Back Out Of Optal, eNett Deal Due To Pandemic
May 07, 2020  |  B2B Payments

After inking a definitive agreement in January to acquire B2B optimization firm Optal and B2B travel payments company eNett, WEX Inc. said in its Q1...

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Process Mining Goes After The B2B Payments Bottlenecks
Process Mining Goes After The B2B Payments Bottlenecks
May 07, 2020  |  B2B Payments

Data analytics technologies like artificial intelligence and machine learning continue to move swiftly into accounts payable (AP) and accounts receivable (AR) departments. From businesses just...

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AR-AP Link To Ease Cash Flow, Strengthen Buyer-Supplier Relations
AR-AP Link To Ease Cash Flow, Strengthen Buyer-Supplier Relations
May 07, 2020  |  B2B Payments

As calls grow louder for corporate buyers to maintain responsible supplier payment habits, the opportunity for the buyer-supplier relationship to make or break the success...

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Preserving Check Workflows Can Ease B2B Payments Digitization
Preserving Check Workflows Can Ease B2B Payments Digitization
May 07, 2020  |  B2B Payments

Although a recent uptick in B2B payments innovation has accelerated corporates’ migration away from the paper check, old habits die hard, and the legacy payment...

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Fitness Centers Forced To Stretch Their Business Models
Fitness Centers Forced To Stretch Their Business Models
May 07, 2020  |  B2B Payments

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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Square Merchants Shift Online As POS Volumes Sink
Square Merchants Shift Online As POS Volumes Sink
May 07, 2020  |  Earnings

Square reported earnings Wednesday (May 6) for the first quarter that showed slowing gross payment volumes, impacted by the pandemic and the shuttering of merchant...

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Sage Updates Will Boost SMB Accounting Visibility
Sage Updates Will Boost SMB Accounting Visibility
May 06, 2020  |  B2B Payments

Cloud business management firm Sage has announced new updates to its small business cloud accounting solution to help customers gain more insight into their accounting,...

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Treasury Prime Notches $9M In Funding To Link FinTechs With Banks
Treasury Prime Notches $9M In Funding To Link FinTechs With Banks
May 06, 2020  |  B2B Payments

To link banks with FinTech clients, application programming interface (API) platform Treasury Prime has notched $9 million in a Series A funding round, according to...

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Tipalti Teams With FloQast To Help Manage Month-End Close
Tipalti Teams With FloQast To Help Manage Month-End Close
May 06, 2020  |  B2B Payments

To keep modernizing finance processes for mid-sized firms and startups, payables automation platform Tipalti unveiled three new strategic partnerships. The partners include financial close management...

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