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.
OnlineCheckWriter.com Expands Cloud Banking Service to Oman
OnlineCheckWriter.com Expands Cloud Banking Service to Oman
December 29, 2023  |  B2B Payments

B2B payment platform OnlineCheckWriter.com has expanded its cloud banking service to provide entrepreneurs and freelancers in Oman with the ability to open a U.S. account...

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One-Third of US Healthcare Companies Fill Cash Flow Gaps With Bank Overdrafts
One-Third of US Healthcare Companies Fill Cash Flow Gaps With Bank Overdrafts
December 29, 2023  |  Healthcare

A corporate bank account overdraft happens when a business’ bank account has a negative balance, leading to the account holder incurring a debt. It may...

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Mid-Sized Firms Lag Enterprise Peers in Automating Payments and Receivables
Mid-Sized Firms Lag Enterprise Peers in Automating Payments and Receivables
December 29, 2023  |  Accounts Payable

More than 90% of mid-sized firms — those annually generating $3.5 million to $15 million in revenue — that plan to further automate their accounts...

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Main Street Merchants Find Their 2024 Footing Online
Main Street Merchants Find Their 2024 Footing Online
December 29, 2023  |  Omnicommerce

2023 hasn’t been an easy environment for small and midsized businesses (SMBs). Business bankruptcy rates jumped 30% between September 2022 and September 2023, as macro factors...

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21 Payments Execs Reflect on 2023’s Strategic Shifts
21 Payments Execs Reflect on 2023’s Strategic Shifts
December 29, 2023  |  Opinion

Amid economic turmoil, technological leaps and evolving consumer behavior, the payments and digital commerce landscape experienced unprecedented transformations that rippled across sectors in 2023. These...

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How AI Is Optimizing Trucking Operations
How AI Is Optimizing Trucking Operations
December 29, 2023  |  artificial intelligence

A lot can change in a year, and artificial intelligence (AI) is the perfect example. “Artificial intelligence has been in the market for a lot...

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Free Instant Payments a Key Perk for Business Retention
Free Instant Payments a Key Perk for Business Retention
December 28, 2023  |  Faster Payments

In a fast-paced business environment, the demand for flexibility in financial transactions is paramount, and non-recurring ad hoc payments account for nearly two-thirds of the...

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Medius Launches AP Automation Partnership With UK VARs
Medius Launches AP Automation Partnership With UK VARs
December 28, 2023  |  B2B Payments

Accounts payable (AP) automation provider Medius has launched partnerships with several British value-added resellers (VARs). The collaborations, announced last week, involve partners that are experts in enterprise resource planning...

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Business Credit Card Use Hits Year High as SMBs Manage Cash Flow
Business Credit Card Use Hits Year High as SMBs Manage Cash Flow
December 28, 2023  |  SMBs

Managing cash flow is an essential aspect of running a small- to medium-sized business, and business credit cards can be a valuable tool. In October,...

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