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.
Modern Treasury Launches Newly Expanded Reconciliation Engine
Modern Treasury Launches Newly Expanded Reconciliation Engine
April 17, 2023  |  B2B Payments

Modern Treasury has expanded its Reconciliation Engine designed for businesses with high-volume, complex funds flows. The newly enhanced offering automates and simplifies cash reconciliation for...

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Liberty Bank Launches Digital Bank for Small Business
Liberty Bank Launches Digital Bank for Small Business
April 17, 2023  |  Digital Banking

Liberty Bank has launched a digital bank designed for small business owners. The new Owners Bank is initially available in Rhode Island, Massachusetts, Connecticut and Pennsylvania and will...

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Open Banking Is Changing the Payments Game, and Enterprises Must Keep Up
Open Banking Is Changing the Payments Game, and Enterprises Must Keep Up
April 17, 2023  |  Digital Banking

Until fairly recently, consumers’ financial data has primarily been something to be hoarded and siloed. Rather than closing off this data, a new generation of solutions...

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Contractors May Move to Modernize as Manufacturing Boom Spurs Construction Demand
Contractors May Move to Modernize as Manufacturing Boom Spurs Construction Demand
April 14, 2023  |  B2B Payments

Government incentives are spurring nationwide industry investment as manufacturers race to find space to fulfill demand.  As first reported last week (April 8) by the Wall Street...

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Modern Treasury CEO: Companies Have a New Appreciation for Treasury Services Post SVB Collapse
Modern Treasury CEO: Companies Have a New Appreciation for Treasury Services Post SVB Collapse
April 14, 2023  |  Risk Management

Macroeconomic dislocations have highlighted the need for organizations to future-proof their businesses against uncertainty. Times of turmoil generally provide firms with a key opportunity to...

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Coupa and Goldman Partner on B2B Payments
Coupa and Goldman Partner on B2B Payments
April 13, 2023  |  B2B Payments

Coupa and Goldman Sachs Transaction Banking (TxB) have partnered to streamline B2B payments. With Coupa’s business spend management platform and Goldman Sachs TxB’s cloud-based banking...

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Emburse and Omnia Debut Travel and Expense Management Tools
Emburse and Omnia Debut Travel and Expense Management Tools
April 13, 2023  |  B2B Payments

Emburse has joined with Omnia Partners to offer public sector travel and expense management solutions. This collaboration will make Emburse’s travel and expense management solutions...

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Ascend and Stormloop Partner to Help Workday Users Optimize Processes
Ascend and Stormloop Partner to Help Workday Users Optimize Processes
April 13, 2023  |  B2B Payments

Ascend AP Automation and Stormloop Technologies have partnered to help Workday Financial Management users. The collaboration will bring together Ascend AP Automation’s accounts payable automation...

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Only 1% of Real Estate Firms Use Real-Time Payments – Why?
Only 1% of Real Estate Firms Use Real-Time Payments – Why?
April 13, 2023  |  Real-Time Payments

The real estate industry heavily relies on legacy payment methods for their business-to-business (B2B) transactions, but that is beginning to change. PYMNTS’ latest research reveals...

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