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.
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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Trunk Tools Raises $9 Million for Faster Construction Pay
Trunk Tools Raises $9 Million for Faster Construction Pay
July 13, 2023  |  Investments

Construction-focused FinTech Trunk Tools has raised $9 million to help workers get paid faster. The company’s seed round, announced Thursday (July 13), comes at a time when instant payroll...

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On-Demand Insurance Provider Slice Labs Teams with First Connect on Small Business Coverage
On-Demand Insurance Provider Slice Labs Teams with First Connect on Small Business Coverage
July 12, 2023  |  Insurance

Slice Labs Inc., a provider of on-demand insurance services, announced a partnership with First Connect Insurance Services. Through this new alliance, independent agents from the...

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Silo Technologies Raises $132 Million in New Capital
Silo Technologies Raises $132 Million in New Capital
July 12, 2023  |  Supply Chain

Silo Technologies, a provider of financial technology for distributors and grower shipper businesses in the perishable food supply chain, has raised $132 million in new...

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Ryder System Introduces Retail Mobile Maintenance for Commercial Fleets
Ryder System Introduces Retail Mobile Maintenance for Commercial Fleets
July 12, 2023  |  B2B Payments

Ryder System has introduced a service that offers businesses and fleet owners access to retail mobile maintenance with no long-term contracts. With the new service, Torque by...

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Car IQ and Visa Partner for In-Vehicle Merchant Payments
Car IQ and Visa Partner for In-Vehicle Merchant Payments
July 12, 2023  |  B2B Payments

Car IQ Inc. and Visa Inc. have teamed up for in-car transactions with merchants. The collaboration will bring Car IQ’s wallet, Car IQ Pay, along...

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