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.
HyperPay Acquires Sanad Cash to Expand Payment Services in MENA
HyperPay Acquires Sanad Cash to Expand Payment Services in MENA
July 17, 2023  |  Acquisitions

HyperPay, a payments services provider in the Middle East and North Africa (MENA) region, has acquired Saudi spend management FinTech firm Sanad Cash. The strategic move...

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B2B Payment Infrastructure Platform Thunes Secures $72 Million in Funding
B2B Payment Infrastructure Platform Thunes Secures $72 Million in Funding
July 17, 2023  |  Commercial Payments

Thunes has secured $72 million in a Series C round of funding with support from a range of strategic investors. The Singapore-based B2B payment infrastructure...

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Lenders and Vendors Catering to Commercial Spend Look to Lift Business Fortunes
Lenders and Vendors Catering to Commercial Spend Look to Lift Business Fortunes
July 17, 2023  |  Commercial Payments

Today’s future-fit commercial payment capabilities couldn’t have picked their go-to-market timing better. As businesses look to shape and refine their economic forecasts and downstream working...

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Nav Acquires Tillful to Accelerate Data Platform Development
Nav Acquires Tillful to Accelerate Data Platform Development
July 17, 2023  |  Acquisitions

Nav, a financial health platform for small businesses, has announced its acquisition of Tillful. Tillful, a FinTech startup, focuses on modernizing business credit and cash flow...

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100 CFOs Say That Businesses With AR Frictions Must Either Automate or Fall Behind
100 CFOs Say That Businesses With AR Frictions Must Either Automate or Fall Behind
July 17, 2023  |  Accounts Receivable

The accounts receivable (AR) function of a business relies on timely payment for goods and services provided, which can help optimize the cash conversion cycle...

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Technology Streamlines the Road Ahead for Tomorrow’s Commercial Fleet Management
Technology Streamlines the Road Ahead for Tomorrow’s Commercial Fleet Management
July 14, 2023  |  Innovation

The wheels on a truck go ‘round and ‘round – until sometimes they don’t. And when they don’t, when shipments and schedules get disrupted, there...

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Mastercard and Nirvana Travel Team on Digital Payments in Middle East
Mastercard and Nirvana Travel Team on Digital Payments in Middle East
July 14, 2023  |  Travel Payments

Mastercard and travel agency Nirvana Travel and Tourism are partnering to provide a payment solution to customers who book travel services in the United Arab Emirates, Saudi Arabia,...

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Consumers Have Ditched Cash and Paper Checks – Why Haven’t CFOs?
Consumers Have Ditched Cash and Paper Checks – Why Haven’t CFOs?
July 14, 2023  |  Commercial Payments

In today’s hostile macroclimate, every competitive edge counts for businesses looking to navigate ongoing headwinds.  One area that is receiving increasing attention is commercial payments,...

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Efficient Capital Labs Secures $7 Million in Funding Led by QED Investors
Efficient Capital Labs Secures $7 Million in Funding Led by QED Investors
July 13, 2023  |  Startups

Efficient Capital Labs (ECL) has closed a $7 million funding round led by QED Investors. Founded in early 2022, the startup provides business-to-business (B2B) software-as-a-service (SaaS) companies...

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