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.
Upwork Launches Partnerships to Enhance Workforce Management
Upwork Launches Partnerships to Enhance Workforce Management
December 05, 2023  |  Gig Economy

Upwork has launched a pair of collaborations designed to offer an improved approach to workforce management. The work marketplace announced Tuesday (Dec. 5) that it was beginning...

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Omniful Raises $5.8 Million to Launch eCommerce Platform
Omniful Raises $5.8 Million to Launch eCommerce Platform
December 05, 2023  |  Investments

Omniful, an eCommerce/supply chain startup, has reportedly emerged from stealth with $5.85 million in funding. As TechCrunch reported Tuesday, the startup, based in Saudi Arabia...

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From Bytes to Breakthroughs: Where AI Could Drive Logistics in 2024
From Bytes to Breakthroughs: Where AI Could Drive Logistics in 2024
December 05, 2023  |  Artificial Intelligence

Intersections and inflection points are increasingly defining the industrial economy’s future. Whether they are generational changing of the guards, behavioral-technical cross-points or a combination of...

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Extend and Concur Invoice Collaborate on Virtual-Card-as-a-Service Solution 
Extend and Concur Invoice Collaborate on Virtual-Card-as-a-Service Solution 
December 05, 2023  |  B2B Payments

Extend, a virtual card and spend management platform, has announced its integration with Concur Invoice, providing customers with a virtual-card-as-a-service solution.  The partnership allows seamless vendor...

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Payment Processors’ Data Analytics Key to Attracting Retail Clients
Payment Processors’ Data Analytics Key to Attracting Retail Clients
December 05, 2023  |  SMBs

Most small- to medium-sized businesses (SMBs) across industries use some kind of payment processor. The most common providers are PayPal, Square and Shopify, which are...

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Bankrupt Trucking Company Yellow Auctions Off 75% of Properties
Bankrupt Trucking Company Yellow Auctions Off 75% of Properties
December 05, 2023  |  Shipping

Yellow, which was the third-largest carrier in the U.S. trucking industry at the time of its collapse last summer, held a court-supervised bankruptcy auction to...

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Autonomous Trucking Company TuSimple Begins Winding Down Operations in US
Autonomous Trucking Company TuSimple Begins Winding Down Operations in US
December 05, 2023  |  Shipping

Autonomous trucking company TuSimple is laying off most of its U.S. staff and winding down its operations in the country. The company is reducing its...

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Mondu and Mangopay Partner on B2B Payments Solutions in Europe
Mondu and Mangopay Partner on B2B Payments Solutions in Europe
December 05, 2023  |  B2B Payments

Mondu and Mangopay have partnered to support B2B marketplace businesses across Europe by offering them a modular payments infrastructure that can be tailored to meet...

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TreviPay Debuts All-in-One Payment Solution
TreviPay Debuts All-in-One Payment Solution
December 05, 2023  |  B2B Payments

B2B payments and invoicing network TreviPay has introduced an all-in-one payments solution. The new offering, announced Tuesday (Dec. 5) is part of a series of new features designed to...

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