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.

Cross-Border Wholesale Marketplace Faire Nets $400M on $12.4B Valuation
Cross-Border Wholesale Marketplace Faire Nets $400M on $12.4B Valuation
November 22, 2021  |  Retail

Online wholesale marketplace Faire has closed a $400 million Series G round, which will allow it to continue working on its marketplace for smaller retailers,...

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46% of Firms Using ACH for More B2B Payments Amid Pandemic
46% of Firms Using ACH for More B2B Payments Amid Pandemic
November 22, 2021  |  B2B Payments

Many chief financial officers (CFOs) have not only helped their organizations weather the storm financially since the pandemic but have also implemented digital innovations that...

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Billing Platform Chargezoom Offers FreshBooks Integration
Billing Platform Chargezoom Offers FreshBooks Integration
November 22, 2021  |  Digital Payments

Chargezoom, a billing and integrated payments service, announced an integration of its own Monday (Nov. 22) with the addition of FreshBooks accounting software to its...

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KeyBank Buys B2B Digital Banking Platform XUP 
KeyBank Buys B2B Digital Banking Platform XUP 
November 22, 2021  |  Partnerships / Acquisitions

Cleveland-based financial service company KeyBank National Association has purchased B2B digital banking-as-a-service (BaaS) platform XUP Payments, according to a Monday (Nov. 22) press release. Financial...

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Automating Accounts Payable Can Turn Data Collection Into Relationship Management
Automating Accounts Payable Can Turn Data Collection Into Relationship Management
November 22, 2021  |  B2B Payments

Automation can make businesses more efficient, reduce errors and minimize costs in many areas. Get the Full Story Complete the form to unlock this article...

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‘Banking is Exciting’ FinWise CEO Says as Stock Surges After IPO
‘Banking is Exciting’ FinWise CEO Says as Stock Surges After IPO
November 22, 2021  |  Digital-First Banking

“Banking is an exciting place to be right now. There’s a lot happening,” Kent Landvatter, CEO/president of FinWise, told PYMNTS CEO Karen Webster in a...

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Adobe Partners With Bolt to Add One-Click Checkout
Adobe Partners With Bolt to Add One-Click Checkout
November 21, 2021  |  B2B Payments

Retailers using Adobe eCommerce software tools will soon be able to add one-click checkout. Adobe has announced it will add this feature thanks to a...

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Private-Equity Firms Are Reported Near Deal to Buy Athenahealth as Demand for HealthTech Rises
Private-Equity Firms Are Reported Near Deal to Buy Athenahealth as Demand for HealthTech Rises
November 21, 2021  |  Acquiring

Two private equity firms are close to a deal to buy Athenahealth, a provider of cloud-based software that helps healthcare providers with patient communications, billing...

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Visa/Amazon Interchange Dispute Shows Balance of Power Shifting to Platforms
Visa/Amazon Interchange Dispute Shows Balance of Power Shifting to Platforms
November 21, 2021  |  Credit Cards

In the battle over interchange fees — this time between Visa and Amazon — it is the platform companies that are gaining the leverage over...

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