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.

Data Quality: The Unsung Hero of AI-Powered B2B Procurement

Data Quality: The Unsung Hero of AI-Powered B2B Procurement
Data Quality: The Unsung Hero of AI-Powered B2B Procurement
December 09, 2024  |  artificial intelligence

An efficient business-to-business (B2B) procurement process can separate the wheat from the chaff. Procurement has the potential to become a strategic lever for value creation...

READ MORE >
Reinventing Payments: Breaking Down Banking Infrastructure to Build a Composable Future
Reinventing Payments: Breaking Down Banking Infrastructure to Build a Composable Future
December 09, 2024  |  Banking

Banks rely on core tech to handle the basics: transactions, deposits, loans and more. But the kicker is that most of these systems were built...

READ MORE >
Conference Board Reports Biggest Improvement in Employment Trends Since 2022
Conference Board Reports Biggest Improvement in Employment Trends Since 2022
December 09, 2024  |  Economy

The Conference Board Employment Trends Index (ETI) saw its largest two-month increase in two years in October and November. Get the Full Story Complete the form...

READ MORE >
Banks Eye Stablecoins to Accelerate Cross-Border Innovation
Banks Eye Stablecoins to Accelerate Cross-Border Innovation
December 09, 2024  |  Cross-border Payments

Few bottlenecks across the payments landscape have been more intractable than that of cross-border payments. Get the Full Story Complete the form to unlock this...

READ MORE >
30% of Small Businesses Have Filed Beneficial Ownership Information Reports
30% of Small Businesses Have Filed Beneficial Ownership Information Reports
December 09, 2024  |  SMBs

As of Dec. 1, one month before the Jan. 1 deadline, about 30% of small businesses reported beneficial ownership information to the Financial Crimes Enforcement...

READ MORE >
72% of Trucking Companies Expect Digital Payment Systems
72% of Trucking Companies Expect Digital Payment Systems
December 09, 2024  |  Shipping

The trucking industry is crucial to the national economy, transporting more than 72% of freight by weight. Outdated payment methods, however, hinder efficiency, prompting the...

READ MORE >
Swift: 1 Million ISO 20022-Formatted Messages Being Sent Daily
Swift: 1 Million ISO 20022-Formatted Messages Being Sent Daily
December 06, 2024  |  Payment Methods

With one year to go before the deadline to move to ISO 20022 for cross-border payments and reporting plus (CBPR+), more than 1 million ISO 20022-formatted...

READ MORE >
The 5 Biggest Impacts of AI Across B2B Payment Workflows
The 5 Biggest Impacts of AI Across B2B Payment Workflows
December 06, 2024  |  B2B Payments

It’s no exaggeration to say that artificial intelligence (AI) is fundamentally reshaping the business landscape. But while consumer-focused applications continue to grab headlines, a quieter,...

READ MORE >
Dojo and American Express Partner to Streamline Payments in UK
Dojo and American Express Partner to Streamline Payments in UK
December 06, 2024  |  Credit Cards

Payments technology provider Dojo reportedly has signed a new agreement with American Express that will help Dojo’s small business customers in the United Kingdom accept...

READ MORE >