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.
Why Automation Alone Won’t Transform B2B Payments in 2024
Why Automation Alone Won’t Transform B2B Payments in 2024
December 15, 2023  |  B2B Payments

In the world of B2B commerce, staying ahead of the curve is crucial for success. If only there weren’t so many ways and so many...

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PayPal and SAP Partner to Simplify Digital Payments for Businesses
PayPal and SAP Partner to Simplify Digital Payments for Businesses
December 14, 2023  |  Digital Payments

PayPal and SAP have launched an expanded integration to simplify digital payments for SAP customers. The collaboration involves the creation of a digital payments plug-in...

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Ex-Wirecard Finance Chief Charged With Fraud
Ex-Wirecard Finance Chief Charged With Fraud
December 14, 2023  |  Legal

More than three years after its collapse, Wirecard’s former finance chief has been accused of fraud. Burkhard Ley, who spent 11 years as the chief...

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Taurus and Teylor Team to Tokenize Loans to German Small Businesses
Taurus and Teylor Team to Tokenize Loans to German Small Businesses
December 14, 2023  |  Loans

Swiss crypto custody firm Taurus has launched a partnership with lending platform Teylor. The partnership, as reported Thursday (Dec. 14) by Coindesk, allows Teylor’s credit portfolio tokens to...

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Lolli Raises $8 Million to Grow Bitcoin Rewards Program
Lolli Raises $8 Million to Grow Bitcoin Rewards Program
December 14, 2023  |  Investments

Lolli has raised $8 million to expand its bitcoin/cashback rewards program. Co-founder and CEO Alex Adelman told TechCrunch Thursday (Dec. 14) that the new financing —...

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Kapital Raises $165 Million to Expand Banking Platform
Kapital Raises $165 Million to Expand Banking Platform
December 14, 2023  |  Investments

Banking and technology platform Kapital has raised $165 million in new capital. The Mexico City-based company announced the funding — a $40 million Series B equity financing round and...

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Real-Time Payments Set to Replace Checks, ACH in the Manufacturing Industry
Real-Time Payments Set to Replace Checks, ACH in the Manufacturing Industry
December 14, 2023  |  Real-Time Payments

The manufacturing industry is on the verge of a major transformation in payment practices, PYMNTS Intelligence revealed. The report “Corporate Changes in Payment Practices: Manufacturing...

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MyFinity Partners With Convera to Increase Global Coverage
MyFinity Partners With Convera to Increase Global Coverage
December 13, 2023  |  Cross-border Payments

MiFinity has partnered with Convera to increase the country coverage of its PayAnyBank (PAB) service. The integration of Convera’s B2B cross-border payments capabilities into MiFinity’s PAB service furthers...

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Spend Management Firm Pleo Names New CFO in Push for Profitability
Spend Management Firm Pleo Names New CFO in Push for Profitability
December 13, 2023  |  Personnel

Danish FinTech Pleo is reportedly expanding its executive team with a new chief financial officer. The naming of financial services veteran Soren Westh Lonning as...

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