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.
Why the World’s Biggest Buyer Relies on Online B2B Marketplaces
Why the World’s Biggest Buyer Relies on Online B2B Marketplaces
April 19, 2024  |  B2B Payments

Digitization is increasingly revolutionizing the B2B landscape with streamlined procurement processes, and even better payments workflows. Don’t believe it? Look no further than the U.S....

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Congress Advances Earned Wage Access Bill as Popularity Grows
Congress Advances Earned Wage Access Bill as Popularity Grows
April 18, 2024  |  Personal Finance

When is a loan not a loan? That is, in one sense, the question at the heart of proposed new federal legislation around earned wage access (EWA)...

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Ramp Valued at $7.6 Billion Following Series D Round
Ramp Valued at $7.6 Billion Following Series D Round
April 18, 2024  |  B2B Payments

Spend management platform Ramp says it is now a $7.6 billion company. The firm on Thursday (April 18) announced it had reached that valuation as it wound down...

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AffiniPay Expands Payment Processing Solutions to Puerto Rico
AffiniPay Expands Payment Processing Solutions to Puerto Rico
April 18, 2024  |  Payment Methods

AffiniPay has expanded the availability of its payment processing solutions for attorneys and accounting professionals to Puerto Rico. These solutions, LawPay and CPACharge, are already used by more than...

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Google’s Restructuring Shows AI’s Impact on Finance Function
Google’s Restructuring Shows AI’s Impact on Finance Function
April 18, 2024  |  artificial intelligence

Amid a changing business landscape, digital innovation is reshaping the growth calculus for organizations. And with the news Wednesday (April 17) that Google CFO Ruth Porat is...

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WorldFirst Launches Cross-Border Payment Solution for B2B Trade
WorldFirst Launches Cross-Border Payment Solution for B2B Trade
April 18, 2024  |  B2B Payments

Digital payments platform WorldFirst has debuted a solution to help small businesses speed cross-border payments. WorldTrade, announced Thursday (April 18), is aimed at small and medium-sized enterprises (SMEs) that...

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Mastercard Brings Commercial Cards to Digital Wallets
Mastercard Brings Commercial Cards to Digital Wallets
April 18, 2024  |  Mastercard

Continuing the industry’s migration of business payments and expense management to digital platforms, Mastercard announced today (April 18) that it is bringing its commercial cards to mobile...

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High Costs Hobble Small Businesses’ Adoption of Instant Payments
High Costs Hobble Small Businesses’ Adoption of Instant Payments
April 18, 2024  |  Money Mobility

Nonrecurring or ad hoc payments remain a significant part of the monthly revenues of small to mid-sized businesses (SMBs). One way that SMBs streamline the...

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GenAI Bridges Small Business Lending Gap
GenAI Bridges Small Business Lending Gap
April 18, 2024  |  artificial intelligence

An unavoidable truth in business is that it frequently takes money to make money.  And in today’s world, where small and medium-sized businesses (SMBs) often...

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