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.

BAMS, First Data JV On The Rocks

BAMS, First Data JV On The Rocks
BAMS, First Data JV On The Rocks
May 09, 2019  |  Payments As A Service

Bank of America Merchant Services (BAMS) is considering bringing its payment processing completely in-house, potentially scrapping a joint venture with First Data Corp., the payments...

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Should Auditors Be Responsible For Catching Corporate Fraud?
Should Auditors Be Responsible For Catching Corporate Fraud?
May 09, 2019  |  B2B Payments

Tensions are running high in the U.K. corporate auditing arena. Amid calls to break up the so-called Big Four auditors – PricewaterhouseCoopers, Deloitte, EY and...

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Intuit, ADP Strengthen Cross-Platform Integration
Intuit, ADP Strengthen Cross-Platform Integration
May 09, 2019  |  B2B Payments

Human capital management solution provider ADP is deepening its integration with Intuit’s small business accounting platform, QuickBooks, to streamline data connectivity between the two platforms....

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JPMorgan Taps Bora To Aid B2B Virtual Card Adoption
JPMorgan Taps Bora To Aid B2B Virtual Card Adoption
May 09, 2019  |  B2B Payments

JPMorgan is collaborating with Bora Payment Systems in an initiative that will support the adoption of virtual cards in the B2B payments landscape. Get the...

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Banking/FinTech Collaboration Grows In China
Banking/FinTech Collaboration Grows In China
May 09, 2019  |  B2B Payments

In China, digital financial services gain ground among collaborative efforts between tech-savvy upstarts and traditional players. Elsewhere, Monetary Authority of Singapore is eyeing digital-only banking...

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SMB Lending Tries On Asset Tokenization For Size
SMB Lending Tries On Asset Tokenization For Size
May 09, 2019  |  B2B Payments

So far, one of the largest use cases for tokenization has emerged as the Initial Coin Offering (ICO) — a lucrative, if not controversial, fundraising...

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B2B Financing Firm FreightRover Reportedly Impacted By Celadon Fraud Scam
B2B Financing Firm FreightRover Reportedly Impacted By Celadon Fraud Scam
May 08, 2019  |  Legal & Regulation

It hasn’t exactly been the best of times lately for FreightRover, at least not when it comes to legal drama and company leadership. The Indianapolis-based...

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FTC Wants Tighter Small Biz Lending Scrutiny
FTC Wants Tighter Small Biz Lending Scrutiny
May 08, 2019  |  B2B Payments

The U.S. Federal Trade Commission (FTC) is eyeing tighter scrutiny of small business lending practices as Commissioner Rohit Chopra calls on the regulator to combat...

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