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.
Finsync Offers Businesses Free Access to Its Financial Platform
Finsync Offers Businesses Free Access to Its Financial Platform
July 27, 2023  |  Faster Payments

Financial network platform Finsync said bankers and businesses can use its network for free. The offering is designed to help businesses scale faster, the company said in a Thursday...

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SEPAexpress and Tink Collaborate on B2B Payment Solutions
SEPAexpress and Tink Collaborate on B2B Payment Solutions
July 27, 2023  |  Partnerships

German-based B2B payment solution provider SEPAexpress has partnered with Tink to provide its clients with enhanced payment solutions. By leveraging Tink’s extensive European coverage for open banking services, SEPAexpress...

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Mastercard: Click to Pay Transactions Surge 70% Over Last Year’s Levels
Mastercard: Click to Pay Transactions Surge 70% Over Last Year’s Levels
July 27, 2023  |  Mastercard

New payment flows and Click to Pay transactions surged for Mastercard in the second quarter of 2023 as consumers and businesses continued to turn to digital channels as their...

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AP Automation Significantly Reduces Friction in the Source-to-Pay Cycle
AP Automation Significantly Reduces Friction in the Source-to-Pay Cycle
July 27, 2023  |  Accounts Payable

Automation can be an engine for efficiency, speed and accuracy in accounts receivable (AR). It can enable companies to reduce their days sales outstanding (DSO)...

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90% of CFOs Want Automation to Fix Payments Errors and Delays
90% of CFOs Want Automation to Fix Payments Errors and Delays
July 26, 2023  |  Commercial Payments

As economic angst keeps grabbing headlines worldwide, it becomes increasingly important for businesses to look at how technology can create manageability. Accounts receivable (AR) automation...

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Constructor Adds Product Discovery Tool to eCommerce Platform
Constructor Adds Product Discovery Tool to eCommerce Platform
July 26, 2023  |  B2B Payments

Constructor has unveiled a new solution to optimize product discovery and search result relevance on its platform for enterprise eCommerce companies. The new Attribute Enrichment combines raw product...

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Generational Shift Forces Construction Industry Digital Transformation
Generational Shift Forces Construction Industry Digital Transformation
July 26, 2023  |  Supply Chain

The historically fragmented industrial economy is getting a modern makeover. And while ecosystem needs are different from geography to geography, a fundamental shift in digital...

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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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