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.

New Mexico Lawsuit Sparks Marijuana Business Tax Debate

New Mexico Lawsuit Sparks Marijuana Business Tax Debate
New Mexico Lawsuit Sparks Marijuana Business Tax Debate
January 29, 2019  |  B2B Payments

Paying business taxes is a key source of friction for many legal marijuana companies in the nation, particularly for companies that operate on a cash-only...

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Businesses Fail To Manage Risk Despite Preparing For ‘Major Crisis’
Businesses Fail To Manage Risk Despite Preparing For ‘Major Crisis’
January 28, 2019  |  B2B Payments

Corporates aren’t prepared to tackle the headwinds of market risks, according to two separate reports released last week. Get the Full Story Complete the form...

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Finxact Raises $30M For Banking SaaS
Finxact Raises $30M For Banking SaaS
January 28, 2019  |  B2B Payments

Finxact announced that it has raised $30 million in equity financing, with participation from new and existing investors. Get the Full Story Complete the form...

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Tradeshift Eyes Brexit In Plummet Of B2B Payments Volume
Tradeshift Eyes Brexit In Plummet Of B2B Payments Volume
January 28, 2019  |  B2B Payments

Cross-border corporate payments and supply chain management company Tradeshift says Brexit is to blame for a plummeting of business-to-business transactions, reports said late last week....

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Payments Innovation, Gig Economy Drive Procurement Digitization
Payments Innovation, Gig Economy Drive Procurement Digitization
January 28, 2019  |  B2B Payments

In the past, procurement teams have had to fight to prove their operations are more than a cost center for their businesses. Digitization and automation...

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Accounting’s Evolution Leads Xero To Petition For Oxford Definition Change
Accounting’s Evolution Leads Xero To Petition For Oxford Definition Change
January 28, 2019  |  B2B Payments

Xero has started an online petition to convince The Oxford English Dictionary to change its “archaic” definition of the word “accountant.” Get the Full Story...

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Mixing AWS, Azure Creates Cloud Spend Challenge For Corporates
Mixing AWS, Azure Creates Cloud Spend Challenge For Corporates
January 28, 2019  |  B2B Payments

Corporates are quickly embracing the cloud and Software-as-a-Service (SaaS), leading to fierce competition between some of the largest enterprise cloud service providers on the market...

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WEX Completes Noventis Takeover
WEX Completes Noventis Takeover
January 25, 2019  |  B2B Payments

Commercial payments technology firm WEX has completed its takeover of corporate bill payments company Noventis, a press release announced Thursday (Jan. 24). Get the Full...

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