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.

Saxo Bank Breaks Away From Banking Circle

Saxo Bank Breaks Away From Banking Circle
Saxo Bank Breaks Away From Banking Circle
July 10, 2018  |  B2B Payments

Saxo Bank has divested its global B2B payments solution Banking Circle, according to a Monday (July 9) press release. Get the Full Story Complete the...

READ MORE >
UK Faster Payments Glitch Causes Backlog
UK Faster Payments Glitch Causes Backlog
July 09, 2018  |  B2B Payments

A glitch in the infrastructure of the U.K.’s Faster Payments system has caused a backlog of transactions still waiting to clear hours later, according to...

READ MORE >
Santander Bridges SMBs With China
Santander Bridges SMBs With China
July 09, 2018  |  B2B Payments

U.K. bank Santander is hoping to bridge local small businesses to the Chinese market, and is kicking off a series of networking events that bring...

READ MORE >
Fed: Banks Reverse Corporate Lending Slump
Fed: Banks Reverse Corporate Lending Slump
July 09, 2018  |  B2B Payments

In a sign of strength for the U.S. economy, banks are reporting that business loans are on the rise. According to The Wall Street Journal,...

READ MORE >
Amid Economic Vigor, Small Firms Struggle To Find Talent
Amid Economic Vigor, Small Firms Struggle To Find Talent
July 09, 2018  |  B2B Payments

The latest jobs report by the U.S. Department of Labor signaled a healthy employment environment for June as 213,000 positions were added in the month,...

READ MORE >
Before AI Disruption, Procurement Leaders Say It’s Back To Basics
Before AI Disruption, Procurement Leaders Say It’s Back To Basics
July 09, 2018  |  B2B Payments

For a few years now, the procurement department has earned rising attention for its potential to become a strategic component of the enterprise — not...

READ MORE >
Barclays Entices SMB Investments With Cash Back Program
Barclays Entices SMB Investments With Cash Back Program
July 09, 2018  |  B2B Payments

U.K. bank Barclays is encouraging small businesses (SMBs) to invest in new equipment, machinery, vehicles and other assets through a new cash back program, according...

READ MORE >
Mint Expands Payroll Card Footprint Into Africa
Mint Expands Payroll Card Footprint Into Africa
July 09, 2018  |  B2B Payments

Mint Gateway for Electronic Payment Services, a unit of The Mint Corp., is expanding payroll card operations across the African continent, a market that represents...

READ MORE >
In Kenya, Govt’s Late Payments Hit Suppliers
In Kenya, Govt’s Late Payments Hit Suppliers
July 09, 2018  |  B2B Payments

Late payments dominate the news in Kenya, where corruption drains coffers and hurts suppliers.  In other countries, ePayables has gained attention and adoption along the...

READ MORE >