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.

Amazon Card Payment Launches Amex SMB Card, New Prime Features For Biz

Amazon Card Payment Launches Amex SMB Card, New Prime Features For Biz
Amazon Card Payment Launches Amex SMB Card, New Prime Features For Biz
October 23, 2018  |  B2B Payments

Amazon Business is bolstering its services for small businesses through a new co-branded commercial card with American Express as well as enhanced Prime features for...

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Bank Of America Automates FX Conversion For Smaller FIs
Bank Of America Automates FX Conversion For Smaller FIs
October 23, 2018  |  B2B Payments

Bank of America Merrill Lynch (BofA Merrill) is introducing a new solution for other financial institutions (FIs) in the interbank payment system to automate foreign exchange...

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How Canada’s Post Strike Could Boost Electronic B2B Payments
How Canada’s Post Strike Could Boost Electronic B2B Payments
October 23, 2018  |  B2B Payments

Canada’s mail and parcel operations under Canada Post have been hit by a worker’s strike amid ongoing contract tensions with the Canadian Union of Postal...

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FSB: No Govt Contracts For Big UK Firms That Pay Late
FSB: No Govt Contracts For Big UK Firms That Pay Late
October 23, 2018  |  B2B Payments

In the U.K., a group representing small businesses said larger firms that are late payers should not get government business. Separately, Sears' bankruptcy filing dominates headlines...

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Fleet Drivers Brace For Brexit Complexities
Fleet Drivers Brace For Brexit Complexities
October 23, 2018  |  B2B Payments

A no-deal Brexit scenario would bury fleet companies in “red tape and paperwork,” according to the Freight Transport Association’s Head of European Policy Pauline Bastidon....

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Aktis Platform Boosts Banks’ Corporate Governance Transparency
Aktis Platform Boosts Banks’ Corporate Governance Transparency
October 23, 2018  |  B2B Payments

Data intelligence firm Aktis is rolling out a cloud-based platform for banks to benchmark and analyze their market positions compared to industry peers. Get the...

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National Bank Of Canada Blockchain Pilot Eyes Trade Finance Contracts
National Bank Of Canada Blockchain Pilot Eyes Trade Finance Contracts
October 23, 2018  |  B2B Payments

The National Bank of Canada, the country’s sixth-largest bank, is collaborating with business consulting and IT company CGI to launch a blockchain-powered trade finance solution....

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Treasurers Begin Exploring New Open Banking Opportunities (And Risks)
Treasurers Begin Exploring New Open Banking Opportunities (And Risks)
October 23, 2018  |  B2B Payments

Open Banking regulations have gotten FinTech innovators’ brains churning over how to take advantage of the troves of data that traditional banks have typically kept...

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