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.
Walmart Reportedly Finds 75% of Vendors Prefer Negotiating With Chatbot
Walmart Reportedly Finds 75% of Vendors Prefer Negotiating With Chatbot
April 26, 2023  |  Artificial Intelligence

Add procurement manager to the list of jobs being aided by artificial intelligence (AI) tools. Walmart is using a chatbot developed by Pactum to negotiate...

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Cargobot CEO: Digital Eliminates the Truck Transportation Middleman
Cargobot CEO: Digital Eliminates the Truck Transportation Middleman
April 26, 2023  |  Supply Chain

Today’s modern and increasingly digital landscape is transforming even the most traditional industries. Including historically relationship-based sectors like shipping and logistics that are riddled with...

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GrubMarket Launches Payment Platform for Food Wholesalers and Distributors
GrubMarket Launches Payment Platform for Food Wholesalers and Distributors
April 26, 2023  |  B2B Payments

GrubMarket has launched a payment platform designed for food wholesalers and distributors. The new GrubPay platform enables GrubMarket’s customers to directly accept and manage payments...

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Visa Earnings Shine a Spotlight on the Continuing Transformation of B2B Payments
Visa Earnings Shine a Spotlight on the Continuing Transformation of B2B Payments
April 26, 2023  |  B2B Payments

Trillions of dollars in B2B payments flow across borders, winding their way across currencies, across time zones, and country-by-country rules and regulations. Along the way,...

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Finance Teams Sharpen the Pencil as More Black Swans Appear
Finance Teams Sharpen the Pencil as More Black Swans Appear
April 26, 2023  |  CFO

Ongoing macro challenges and a softening economic landscape have brought operational priorities into stark focus. “I think thematically, we’re seeing an economy in transition,” said...

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UK’s Small Businesses Use Purchase Order Financing to Cover Big Ticket Expenses
UK’s Small Businesses Use Purchase Order Financing to Cover Big Ticket Expenses
April 26, 2023  |  Alternative Credit

Small and medium-sized businesses (SMBs) have not had a moment’s rest in the last few years. After enduring a crippling pandemic, they are now navigating...

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Stripe Adds New Billing, Tax and Revenue Reporting Capabilities
Stripe Adds New Billing, Tax and Revenue Reporting Capabilities
April 25, 2023  |  Accounts Receivable

Stripe has added new capabilities to its revenue and finance automation suite. The firm has made major upgrades to Stripe Billing and Stripe Tax, and...

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TreviPay and Mirakl Develop Centralized Solution for B2B Marketplace Businesses
TreviPay and Mirakl Develop Centralized Solution for B2B Marketplace Businesses
April 25, 2023  |  B2B Payments

TreviPay and Mirakl have partnered to offer a centralized financing, invoicing and payment solution for marketplace businesses. The strategic partnership brings together TreviPay’s global B2B payments and invoicing...

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Greengage Launches eMoney Account Service for UK Small Businesses
Greengage Launches eMoney Account Service for UK Small Businesses
April 25, 2023  |  Digital Banking

Greengage has launched an eMoney account service facilitating payments in British pounds sterling and euros. This new offering from the United Kingdom digital merchant banking...

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