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.
B2B Payments Suffer as Nigeria Promotes Cashless Economy
B2B Payments Suffer as Nigeria Promotes Cashless Economy
April 27, 2023  |  B2B Payments

The move to ban cash withdrawals from government accounts in Nigeria in an attempt to digitize its economy has been a “massive hindrance” to the...

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Basware Adds AI to Automatically Handle Exception Invoices
Basware Adds AI to Automatically Handle Exception Invoices
April 27, 2023  |  B2B Payments

Basware is now using artificial intelligence (AI) to address, correct and automate exception invoices. The company’s SmartPDF, which already extracted data from PDF invoices and turned...

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Uber Freight Launches Fleet Card With Spend Management Tools
Uber Freight Launches Fleet Card With Spend Management Tools
April 27, 2023  |  Partnerships

Uber Freight and AtoB have partnered to deliver FinTech tools to carriers. With this partnership, eligible Uber Freight carriers can manage fuel purchases through the...

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How Smart Partnerships Overcome the Buy-Build-Partner Dynamic
How Smart Partnerships Overcome the Buy-Build-Partner Dynamic
April 27, 2023  |  CFO

Succeeding in the face of the unexpected often presupposes a holistic foundation of best-practice controls. For organizations looking to chart a healthy path through today’s ongoing macro...

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Embedded Invoice Financing Bridges Cash Flow Gap for EU Freelancers, SMBs
Embedded Invoice Financing Bridges Cash Flow Gap for EU Freelancers, SMBs
April 27, 2023  |  SMBs

Delayed invoice payments are the bane of businesses everywhere, but for freelancers and small businesses, the sting from these late payments can be especially crippling...

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Companies Tap Their Own Data to Drive Efficiencies With AI
Companies Tap Their Own Data to Drive Efficiencies With AI
April 26, 2023  |  Artificial Intelligence

Today’s data-driven, digital landscape is transforming and optimizing business processes in ways previously unimaginable. Top executives at Alphabet, Microsoft and Bank of America (BoA) and...

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As Fraud Rates Rise, Businesses’ Worst Threat May Be in Their Inboxes
As Fraud Rates Rise, Businesses’ Worst Threat May Be in Their Inboxes
April 26, 2023  |  Fraud Prevention

Despite the increasingly sophisticated weapons fraudsters have on hand to execute their scams, business email compromise (BEC) attacks remain one of their most effective ploys. The...

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Quadient Adds Cash Application Module to AR Automation Solution
Quadient Adds Cash Application Module to AR Automation Solution
April 26, 2023  |  B2B Payments

Quadient has added a cash application module to its accounts receivable (AR) automation solution. The new Advanced Cash Application module eliminates the need for finance teams to manually...

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PaperTrl Adds Virtual Cards to Construction Payments Platform
PaperTrl Adds Virtual Cards to Construction Payments Platform
April 26, 2023  |  B2B Payments

Construction industry platform PaperTrl is offering virtual card payments with U.S. Bank’s help. PaperTrl, which offers an accounts payable (AP) management and automation platform for...

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