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.

Sage to Buy Retail Management Platform Brightpearl for $300M
Sage to Buy Retail Management Platform Brightpearl for $300M
December 20, 2021  |  Acquisitions

The Sage Group, an accounting, financial, human resources (HR) and payroll technology platform for smaller businesses, has purchased cloud-native retail management system Brightpearl, per a...

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Cashplus Bank Teams with Equifax to Launch UK Business Creditbuilder
Cashplus Bank Teams with Equifax to Launch UK Business Creditbuilder
December 20, 2021  |  SMBs

U.K. FinTech for businesses Cashplus Bank is rolling out a Business Creditbuilder tool in partnership with Equifax to help small- to medium-sized businesses (SMBs) increase...

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Oracle Snags Cerner for $28.3B  
Oracle Snags Cerner for $28.3B  
December 20, 2021  |  Acquisitions

Business software behemoth Oracle Corp. on Monday (Dec. 20) announced it’s buying electronic medical records company Cerner Corp. for $28.3 billion, part of Oracle co-founder...

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54% of CFOs Consider Liquidity and Cash Management a Top Challenge 
54% of CFOs Consider Liquidity and Cash Management a Top Challenge 
December 20, 2021  |  B2B Payments

These are trying times for chief financial officers (CFOs) and other finance professionals. The unpredictable economic impacts unleashed by the pandemic have greatly complicated the...

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JPMorgan to Power Payments for Siemens Using Private Blockchain
JPMorgan to Power Payments for Siemens Using Private Blockchain
December 20, 2021  |  B2B Payments

J.P. Morgan Chase is working with Siemens to create a blockchain system for the latter company’s payments. Get the Full Story Complete the form to...

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Gupshup Unveils WhatsApp-Based eCommerce Tool
Gupshup Unveils WhatsApp-Based eCommerce Tool
December 20, 2021  |  eCommerce

The business-to-consumer messaging company Gupshup has launched a commerce solution that lets businesses create digital storefronts on WhatsApp. Get the Full Story Complete the form...

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Integrated Payments Helps Meet Rapidly Evolving Needs of Businesses
Integrated Payments Helps Meet Rapidly Evolving Needs of Businesses
December 20, 2021  |  B2B Payments

Business-to-business (B2B) transactions are notorious for various pain points and paper-laden processes that, from invoices to paper checks, result in late, and even lost, payments....

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From Armani to Zegna, B2B Marketplaces Transform High-Touch World of Luxury Wholesale
From Armani to Zegna, B2B Marketplaces Transform High-Touch World of Luxury Wholesale
December 20, 2021  |  B2B Payments

Digital wholesale management platform JOOR has added another outfit to its wardrobe. Already serving business-to-business (B2B) buyers and sellers in the luxury spaces, it’s now...

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OFX Buys Canadian FX Firm Firma for $70M
OFX Buys Canadian FX Firm Firma for $70M
December 19, 2021  |  Partnerships / Acquisitions

International money service provider OFX Group Limited has announced an agreement to acquire Firma, a global foreign exchange service, a press release says. Get the...

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