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.

Businesses Seek Fast, Integrated Payments, Accounts and Cards

Businesses Seek Fast, Integrated Payments, Accounts and Cards
Businesses Seek Fast, Integrated Payments, Accounts and Cards
March 09, 2022  |  B2B Payments

Businesses needing payments, accounts and cards typically go to a traditional bank, stand in line, get three different application forms, fill those out and then...

READ MORE >
State Governments Move to ACH as Checks No Longer Cut It for Consumers and Businesses
State Governments Move to ACH as Checks No Longer Cut It for Consumers and Businesses
March 09, 2022  |  Faster Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

READ MORE >
For Smoother Cash Flow and Easier Month End Closes, Payment APIs Might Be the Trick
For Smoother Cash Flow and Easier Month End Closes, Payment APIs Might Be the Trick
March 09, 2022  |  API

The push toward payments digitization traces its roots to the 1970s, beginning with the Automated Clearing House — the first real attempt to create a...

READ MORE >
GovTech Online B2B Marketplace CoProcure Nets $22M
GovTech Online B2B Marketplace CoProcure Nets $22M
March 08, 2022  |  Investments

Online market CoProcure, which works for vendors and buyers of government technology, has raised $22 million in a Series A round, according to a Monday...

READ MORE >
Today in B2B: Tech Firms’ Payment Operations Need Boost; Gig Workers Rely on FinTechs for Faster Payouts
Today in B2B: Tech Firms’ Payment Operations Need Boost; Gig Workers Rely on FinTechs for...
March 08, 2022  |  B2B Payments

Today in B2B payments, Thirdfort raises $20 million for its ID verification platform, and Swiftly raises $100 million in Series B fundraising round. Plus, Hopscotch...

READ MORE >
Payments Infrastructure Firm PPRO Buys Alpha Fintech
Payments Infrastructure Firm PPRO Buys Alpha Fintech
March 08, 2022  |  Acquisitions

Digital payments infrastructure firm PPRO acquired payments technology platform Alpha Fintech for undisclosed terms, according to a Tuesday (March 8) press release. Get the Full...

READ MORE >
75% of Technology Firms View Their Payments Operations as ‘Somewhat Effective’ at Best
75% of Technology Firms View Their Payments Operations as ‘Somewhat Effective’ at Best
March 08, 2022  |  B2B Payments

Competition and market demand are creating opportunities for technology firms, but they are also making back-office payment frictions worse. Get the Full Story Complete the...

READ MORE >
ID Verification FinTech Thirdfort Raises $20M
ID Verification FinTech Thirdfort Raises $20M
March 08, 2022  |  Investments

ID verification firm Thirdfort announced this week it has raised $20 million thanks a recent investment from Breega and Element Ventures. Get the Full Story...

READ MORE >
Gig Economy Businesses Turn to FinTechs to Enable Instant Payments
Gig Economy Businesses Turn to FinTechs to Enable Instant Payments
March 08, 2022  |  Gig Economy

The next generation of small business owners, freelancers and gig workers have grown up using platforms like Venmo and other instant payments, giving them some...

READ MORE >