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.
Commercial Payments Trades Legacy Processes for Modern Digital Efficiencies
Commercial Payments Trades Legacy Processes for Modern Digital Efficiencies
July 26, 2023  |  Commercial Payments

Today’s macro climate has firms of all shapes and sizes sharpening their go-forward strategies.  And when faced with the question of buy, build or partner,...

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Visa Direct Transactions Soar 20% as P2P and B2B Use Cases Gain Ground
Visa Direct Transactions Soar 20% as P2P and B2B Use Cases Gain Ground
July 25, 2023  |  Earnings

Visa’s fiscal third-quarter results show traction in new payment flows and management pointed toward resilient customer spending. The payment networks’ most recent results show that overall payments...

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Flowspace Launches AI-Powered Tool for Automating Fulfillment Operations
Flowspace Launches AI-Powered Tool for Automating Fulfillment Operations
July 25, 2023  |  B2B Payments

Flowspace has launched a new tool that automates workflows in the management of transportation and freight. The new FlowspaceAI for Freight is powered by artificial intelligence (AI) and machine learning...

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Corpay’s X-Border Business Launches Internal Invoicing Solution
Corpay’s X-Border Business Launches Internal Invoicing Solution
July 25, 2023  |  B2B Payments

Corpay’s cross-border business has launched a tool that automates and streamlines the settlement of internal invoices for corporations that have global subsidiaries. The new Netting Manager enables...

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TrueLayer Introduces Payment Links to Facilitate Omnichannel Purchases
TrueLayer Introduces Payment Links to Facilitate Omnichannel Purchases
July 25, 2023  |  Payment Methods

TrueLayer has introduced payment links to make getting paid easier and more convenient. Payment links are URLs, buttons or QR codes that enable businesses to accept...

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Nacha: Same-Day ACH Payment Values Jump 51%
Nacha: Same-Day ACH Payment Values Jump 51%
July 25, 2023  |  Digital Payments

The head of the ACH Network says same-day ACH payments have grown “significantly” in 2023. In the first six months of the year, the value of those...

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American Express’ New Sync Program Brings Virtual Card On-Demand to U.S. Business Customers
American Express’ New Sync Program Brings Virtual Card On-Demand to U.S. Business Customers
July 25, 2023  |  Commercial Payments

American Express has rolled out its Sync Commercial Partner Program to help improve the workflow between technology organizations that serve businesses in the U.S. and...

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Salesforce Says the Future of B2B Commerce Is Being Powered by AI Decisioning
Salesforce Says the Future of B2B Commerce Is Being Powered by AI Decisioning
July 25, 2023  |  B2B Payments

Customer touchpoints are increasingly coming alive with the help of innovations like artificial intelligence (AI). And it isn’t just consumer-focused. Business-to-business (B2B) and commercial customers...

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Business Travel Platform BizAway Receives $11 Million to Drive Innovation
Business Travel Platform BizAway Receives $11 Million to Drive Innovation
July 24, 2023  |  Investments

Business travel platform BizAway has received 10 million euros (about $11 million) of new medium-term funding to help propel its growth. BizAway will use the new capital...

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