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.

UK Banks Call On Britain To Fully Back SMB Loans

UK Banks Call On Britain To Fully Back SMB Loans
UK Banks Call On Britain To Fully Back SMB Loans
April 15, 2020  |  Loans

The U.K. is under pressure to get coronavirus-related loans out faster, and some banking officials want the government to consider making them 100 percent state-guaranteed,...

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OpenPayd Loops Into SEPA For Corporate Payments
OpenPayd Loops Into SEPA For Corporate Payments
April 15, 2020  |  B2B Payments

With direct access to the SEPA (Single Euro Payments Area) payment program, OpenPayd has bolstered its payments functions, according to reports. Get the Full Story...

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Judge Lets Bank Of America Favor SMB Clients With PPP Loans
Judge Lets Bank Of America Favor SMB Clients With PPP Loans
April 15, 2020  |  B2B Payments

A federal judge has ruled that Bank of America (BoA) can prioritize its own customers in distributing loans for the $349 billion Paycheck Protection Program...

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Tradeshift Partners With Chain IQ To Optimize Indirect Spend
Tradeshift Partners With Chain IQ To Optimize Indirect Spend
April 15, 2020  |  B2B Payments

In an effort to provide procurement services innovation, supply chain payment and marketplace company Tradeshift has teamed with global service company Chain IQ, according to...

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Accenture, Verizon Effort Seeks To Connect Jobless Workers, Hiring Companies
Accenture, Verizon Effort Seeks To Connect Jobless Workers, Hiring Companies
April 15, 2020  |  Coronavirus

The number of layoffs in the U.S. has skyrocketed as the COVID-19 crisis ravages the economy. At the same time, other companies, such as online...

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SMBs Find Cash Flow Support In Cards
SMBs Find Cash Flow Support In Cards
April 15, 2020  |  B2B Payments

While small- to medium-sized businesses (SMBs) continue to hustle to secure portions of various federal coronavirus relief funding, the commercial card industry is finding itself...

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How China Fuels Alternatives To Correspondent Banking
How China Fuels Alternatives To Correspondent Banking
April 15, 2020  |  B2B Payments

China is a notoriously challenging jurisdiction for foreign payment service providers to operate as the nation prioritizes local industry leaders. Gradually, however, and with a...

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What COVID-19 Means For Logistics, Now And In The Future
What COVID-19 Means For Logistics, Now And In The Future
April 15, 2020  |  B2B Payments

COVID-19 has interrupted global supply chains, leaving companies scrambling for alternate ways to keep operations running smoothly. However, businesses can learn lessons from this impact...

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DBS Hong Kong Digitizes Two-Day SMB Account Opening
DBS Hong Kong Digitizes Two-Day SMB Account Opening
April 14, 2020  |  B2B Payments

DBS Hong Kong, a subsidiary of DBS Bank headquartered in Singapore, is transitioning to a new contact-free way for small- to medium-sized businesses (SMBs) to...

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