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.
Unimarket Adds Invoice Automation and Processing Capabilities
Unimarket Adds Invoice Automation and Processing Capabilities
February 07, 2024  |  B2B Payments

Unimarket has launched the “Virtual Mailroom,” a product that automates and simplifies the processing of invoices, whether they are electronic, PDF or paper. The Virtual Mailroom...

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B2B Firms Tap Affordable Credit Card Solutions to Maximize Cash Flow Efficiency
B2B Firms Tap Affordable Credit Card Solutions to Maximize Cash Flow Efficiency
February 07, 2024  |  B2B Payments

Historically, working capital options for small and medium-sized businesses (SMBs) have been somewhat limited, and the current interest rate environment has only exacerbated this limitation....

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Connected Economy’s Evolution Is Hindered by ‘Balkanization’ of Payment Providers, Says Thredd’s McCarthy
Connected Economy’s Evolution Is Hindered by ‘Balkanization’ of Payment Providers, Says Thredd’s McCarthy
February 07, 2024  |  Connected Economy

There’s been no shortage of ideas and attempts by businesses to make payments a part of their strategic roadmap, Jim McCarthy, CEO of Thredd, told PYMNTS’ Karen...

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Gooten Debuts Specialized Order Management Platform
Gooten Debuts Specialized Order Management Platform
February 06, 2024  |  eCommerce

Order management and fulfillment company Gooten debuted a specialized order management platform. “The OrderMesh platform is designed to support retailers, marketplaces, manufacturers and eCommerce brands as...

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Liberis Adds Alloy’s Identity Risk Solutions to Embedded Finance Platform
Liberis Adds Alloy’s Identity Risk Solutions to Embedded Finance Platform
February 06, 2024  |  Partnerships

Liberis, a global embedded finance platform, has joined forces with Alloy, an identity risk management company, to accelerate its international expansion and enhance the merchant...

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Finally Raises $10 Million to Expand Small Business Automation Solutions
Finally Raises $10 Million to Expand Small Business Automation Solutions
February 06, 2024  |  Investments

FinTech startup Finally has raised $10 million in new funding to fuel its growth and expand its suite of solutions for small- to medium-sized businesses...

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BAFS Commercial Platform Aims to Connect Borrowers and Lenders
BAFS Commercial Platform Aims to Connect Borrowers and Lenders
February 06, 2024  |  Loans

BAFS (Business Alliance Financial Services) has debuted a platform to connect commercial lenders with borrowers. The Louisiana company’s Borrower Portal, announced Tuesday (Feb. 6), lets borrowers input...

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Closing the Books on the Global Challenge of X-Border Accounting
Closing the Books on the Global Challenge of X-Border Accounting
February 06, 2024  |  Cross Border Commerce

One of the biggest challenges to account for in cross-border payments is, well, the accounting. It’s a silent but often deadly snarl that can tangle...

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Genpact and ServiceNow Expand Partnership on AI-Powered Source-to-Pay Applications
Genpact and ServiceNow Expand Partnership on AI-Powered Source-to-Pay Applications
February 06, 2024  |  Partnerships

Genpact and ServiceNow have expanded their partnership to deliver Source-to-Pay applications across finance and supply chain operations. This collaboration combines the capabilities of professional services firm Genpact and digital workflow...

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