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.
Business Leaders Embrace AI Despite Employee Concerns
Business Leaders Embrace AI Despite Employee Concerns
December 18, 2023  |  artificial intelligence

Artificial intelligence (AI) is transforming the workforce, according to a recent survey by conducted by ResumeBuilder, per a PYMNTS report. The survey found that nearly 40%...

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Alternative Data Revolutionized Small Business Lending in 2023
Alternative Data Revolutionized Small Business Lending in 2023
December 18, 2023  |  SMBs

A lot can change in a year, particularly for the small- to medium-sized business (SMB) segment. And while change can be a constant, constant change...

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Treyd Expands Inventory Financing Solution to Ireland 
Treyd Expands Inventory Financing Solution to Ireland 
December 18, 2023  |  B2B Payments

Swedish-based FinTech company Treyd has expanded its “sell first, pay suppliers later” service to Ireland.  “This marks a fantastic opportunity for Irish SMEs [small- to medium-sized enterprises]...

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Alternative Payments Adds Collections Support for B2B Payments
Alternative Payments Adds Collections Support for B2B Payments
December 18, 2023  |  B2B Payments

Alternative Payments has launched a product designed to improve the accounts receivable (AR) collections process for services companies.  The new Collections Assist product joins the company’s B2B...

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Business Bankruptcies Jump as COVID Relief Ends
Business Bankruptcies Jump as COVID Relief Ends
December 18, 2023  |  Economy

The end of pandemic relief and steep interest rates have ramped up corporate bankruptcies. Business bankruptcy rates had been falling in the U.S. for a...

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Faster Payments Become Catalyst for New B2B Business Models
Faster Payments Become Catalyst for New B2B Business Models
December 18, 2023  |  Faster Payments

Can instant payments transform transactions from waiting games to a real-time revolution? “There’s a certain expectation that instant payments means instant gratification,” Shaunt Sarkissian, founder and...

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AI Can Replace ‘Work About Work’ Tasks, Business Survey Says
AI Can Replace ‘Work About Work’ Tasks, Business Survey Says
December 17, 2023  |  artificial intelligence

This year has seen a lot of sweeping predictions about AI’s impact on work. For example, Elon Musk has said that advances in artificial intelligence...

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Young SMBs Can’t Find Enough Business Financing
Young SMBs Can’t Find Enough Business Financing
December 15, 2023  |  SMBs

Working capital is the lifeblood of businesses of all sizes, and to those companies just starting, access to financing can mean the difference between stagnation...

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Qogita Secures $87 Million to Grow Wholesale Procurement Platform 
Qogita Secures $87 Million to Grow Wholesale Procurement Platform 
December 15, 2023  |  Investments

London-based startup Qogita has reportedly secured 80 million euros ($87.3 million) in a Series B round for its wholesale procurement platform for small- to medium-sized businesses...

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