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.

Autobooks Enables SMB Payments Via Accounting Portal

Autobooks Enables SMB Payments Via Accounting Portal
Autobooks Enables SMB Payments Via Accounting Portal
May 04, 2020  |  B2B Payments

To help small- to medium-sized businesses (SMBs) receive payment online, SMB payment and accounting platform Autobooks unveiled the rollout of a new initiative, according to...

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Greensill Faces Swath Of Supply Chain Finance Defaults
Greensill Faces Swath Of Supply Chain Finance Defaults
May 04, 2020  |  B2B Payments

SoftBank-backed supply chain finance firm Greensill Capital has experienced a bevy of customers default in well-known accounting scandals and corporate meltdowns, the Financial Times (FT)...

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Most Of SBA PPP Loan Program’s Second Round Funding Already Spoken For
Most Of SBA PPP Loan Program’s Second Round Funding Already Spoken For
May 04, 2020  |  Loans

As small businesses try to beat the odds to get a piece of the latest round of first-come, first-served Paycheck Protection Program (PPP) money, $175...

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Supplier Payment Rallying Cries Grow Louder
Supplier Payment Rallying Cries Grow Louder
May 04, 2020  |  B2B Payments

As the data around the economic toll of the coronavirus pandemic rolls in, rallying cries from around the world are growing louder to support small...

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Bringing The eCommerce Business Model To SMB Accounting
Bringing The eCommerce Business Model To SMB Accounting
May 04, 2020  |  B2B Payments

Two years ago, Singapore launched its SMEs Go Digital campaign, a government effort to enable small businesses to modernize and embrace the cloud that continues...

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Buyers And Suppliers Tackle The Invoice-To-Pay Digitization Journey
Buyers And Suppliers Tackle The Invoice-To-Pay Digitization Journey
May 04, 2020  |  B2B Payments

Office closures and remote working mandates have created an uncomfortable wakeup call for accounts payable (AP) and accounts receivable (AR) departments that continue to rely...

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RBS Shutters Bó To Focus On SMB Challenger Bank Mettle
RBS Shutters Bó To Focus On SMB Challenger Bank Mettle
May 03, 2020  |  B2B Payments

Bó, the digital bank developed by U.K. High Street lender Royal Bank of Scotland (RBS), is being closed down by the British state-backed lender NatWest,...

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Corporate Ransomware Payments Up In Remote Working Environment
Corporate Ransomware Payments Up In Remote Working Environment
May 03, 2020  |  B2B Payments

Corporate ransomware payment amounts rose sharply in the first quarter of this year, with a wave of coronavirus-related attacks and other peripherally-related cases because of...

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GreenBox POS Enables Same Day ACH Deposits To Business Accounts
GreenBox POS Enables Same Day ACH Deposits To Business Accounts
May 03, 2020  |  B2B Payments

Payment solutions company GreenBox POS has announced a new Same Day ACH program to help businesses manage point of sale (POS) to business payments faster than...

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