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.

Unit Debuts Turnkey Solution for Businesses to Issue Virtual Cards, Live Bank Accounts
Unit Debuts Turnkey Solution for Businesses to Issue Virtual Cards, Live Bank Accounts
January 20, 2022  |  Digital-First Banking

Unit, a Banking-as-a-Service platform empowering companies to embed financial services into products, announced Thursday (Jan. 20) that it has debuted a new way to issue...

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BNPL for Biz Platform Vartana Grabs $57M Seed Funding
BNPL for Biz Platform Vartana Grabs $57M Seed Funding
January 20, 2022  |  Investments

Managed checkout and buy now, pay later (BNPL) platform Vartana kicked off its quest to dominate the market with $57 million in seed funding, including...

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72% of Firms Say AR Automation Reduced Operating Costs
72% of Firms Say AR Automation Reduced Operating Costs
January 20, 2022  |  B2B Payments

Accounts receivable (AR) teams are leveraging technology to meet the demands of today’s remote economy. Automating routine AR processes can be a critical step in...

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Healthcare, B2B Help ACH Network’s Q4 Payment Volume Grow 6.1%
Healthcare, B2B Help ACH Network’s Q4 Payment Volume Grow 6.1%
January 20, 2022  |  Earnings

ACH Network payment volume grew by 6.1% in 2021’s fourth quarter, a rise maintained by strong gains in the healthcare and B2B sectors, along with...

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Rising Inflation Drives New Demand for Procurement Solutions
Rising Inflation Drives New Demand for Procurement Solutions
January 20, 2022  |  B2B Payments

As inflation continues to rise, companies are seeing cost increases in delivery services, software contracts and other goods and services across the board — and...

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B2B Payments Company Billtrust Tops $1B in Invoices
B2B Payments Company Billtrust Tops $1B in Invoices
January 20, 2022  |  B2B Payments

The B2B accounts receivable automation and integrated-payments company Billtrust says it surpassed $1 billion in supplier invoices delivered to accounts payable (AP) portals in 2021....

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Mastercard Launches Instant B2B Payments
Mastercard Launches Instant B2B Payments
January 20, 2022  |  B2B Payments

Mastercard on Thursday (Jan. 20) unveiled its Mastercard Track Instant Pay, a virtual card solution for instant B2B payments, according to a press release. Get...

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Lean Nets $33M to Expand 3rd-Party Real Time Payments in MENA
Lean Nets $33M to Expand 3rd-Party Real Time Payments in MENA
January 20, 2022  |  Investments

Sequoia Capital India has made its investment debut in the Arab Gulf by leading a $33 million Series A funding round for Lean Technologies, CNBC reported on...

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ElasticRun Set to Raise $300M in SoftBank-Led Round
ElasticRun Set to Raise $300M in SoftBank-Led Round
January 19, 2022  |  International

ElasticRun, a kirana commerce platform helping businesses connect with rural India, is expecting to raise $300 million in a funding round led by SoftBank, according...

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