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.

Celonis Optimizes AP With Process Mining Engine

Celonis Optimizes AP With Process Mining Engine
Celonis Optimizes AP With Process Mining Engine
April 29, 2020  |  B2B Payments

Celonis, which works in artificial intelligence (AI)-powered process mining, has introduced its new process mining engine, which will help automate accounts payable (AP) functions, according...

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Schneider Accelerates Freight Carrier Payments Via TriumphPay
Schneider Accelerates Freight Carrier Payments Via TriumphPay
April 29, 2020  |  B2B Payments

Schneider, which provides trucking, logistics and intermodal services, now has more options to improve the freight carrier payments process, through partnerships with TriumphPay and Transflo...

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Big Banks Temporarily Shut Out Of SBA’s PPP Loan Portal
Big Banks Temporarily Shut Out Of SBA’s PPP Loan Portal
April 29, 2020  |  Coronavirus

For the first time since a small business loan program was launched, small lenders have been moved to the front of the line. Get the...

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Crypto Businesses Overcome The Challenge Of Getting Banked
Crypto Businesses Overcome The Challenge Of Getting Banked
April 29, 2020  |  B2B Payments

The volatility of cryptocurrencies and their existence in what’s often a grey area of regulatory compliance make businesses operating in this sector an unattractive target...

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How B2B Trust Is Keeping Checks, Paper Invoices Humming Along
How B2B Trust Is Keeping Checks, Paper Invoices Humming Along
April 29, 2020  |  B2B Payments

Businesses shipping age-restricted goods like alcohol to other vendors often bump into quirky state regulations, like rules that make buyers pay immediately upon delivery –...

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FinTechs Expand Open Banking Opportunity For Banks
FinTechs Expand Open Banking Opportunity For Banks
April 29, 2020  |  B2B Payments

New solutions continue to roll out as a result of open banking frameworks around the world and banks’ increasing willingness to collaborate with FinTechs. This...

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Hong Kong Alt-Lender Oriente Raises $50M
Hong Kong Alt-Lender Oriente Raises $50M
April 28, 2020  |  B2B Payments

Hong Kong-based FinTech Oriente has raised $50 million in its ongoing Series B round, according to finews.asia. Get the Full Story Complete the form to...

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Fintainium, CIT Group Pair Up To Optimize B2B Payments Workflows
Fintainium, CIT Group Pair Up To Optimize B2B Payments Workflows
April 28, 2020  |  B2B Payments

CIT Group will add a new level of B2B payment functionality to the software from workflow solutions provider Fintainium, aiming to make accounts payable (AP)...

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Xeeva Enhances Procurement Spend Data Management
Xeeva Enhances Procurement Spend Data Management
April 28, 2020  |  B2B Payments

In an effort to help clients tackle critical challenges and experience quick ROI during the complete procurement process, Xeeva said it has put significant enhancements...

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