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.

UK Merchants Cut Costs by Adopting Open Banking Payments

UK Merchants Cut Costs by Adopting Open Banking Payments
UK Merchants Cut Costs by Adopting Open Banking Payments
February 04, 2022  |  B2B Payments

Traditional card-based payment options carry high costs and introduce “an awful lot of friction” into payment processes, often leading to a high rate of online...

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Automating Workflows Takes the ‘Crazy’ Out of Accounts-Payable Processes
Automating Workflows Takes the ‘Crazy’ Out of Accounts-Payable Processes
February 04, 2022  |  Accounts Payable

As companies change how they deploy capital, accounts payable (AP) processes have become more complicated. When they decided it was more efficient to put spending...

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Medentrx Unveils Healthcare Product Marketplace
Medentrx Unveils Healthcare Product Marketplace
February 03, 2022  |  Healthcare

Medentrx Inc. has launched a healthcare product marketplace designed for both medical professionals and consumers, the company announced Thursday (Feb. 3). Get the Full Story...

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Today in B2B: Connected Capital Focuses on European B2B SaaS Startups; Tribal Grabs $60M in Funding to Add Employees
Today in B2B: Connected Capital Focuses on European B2B SaaS Startups; Tribal Grabs $60M in...
February 03, 2022  |  B2B Payments

Today in B2B payments, Connected Capital raises $176 million, while Tribal closes a $60 million funding round. Plus, online portals bring commercial real estate into...

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Visa, Morocco’s CMI Hope to Streamline B2B Transactions
Visa, Morocco’s CMI Hope to Streamline B2B Transactions
February 03, 2022  |  B2B Payments

Visa has joined forces with digital payments manager Interbank Monetary Center (CMI) to launch a channel to help Moroccan businesses streamline B2B transactions. Get the...

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88% of Businesses Selling on Marketplaces Receive Payouts Through Them
88% of Businesses Selling on Marketplaces Receive Payouts Through Them
February 03, 2022  |  B2B Payments

When businesses sell their products on a digital marketplace, most are paid through the marketplace, according to “Marketplaces As Retail’s New Front Door,” a PYMNTS...

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B2B Payments Platform Tribal Snags $60M in Funding
B2B Payments Platform Tribal Snags $60M in Funding
February 03, 2022  |  Investments

Business-to-business (B2B) payments and financing platform Tribal closed a $60 million Series B fundraising round, bringing its total investment to $140 million, according to a...

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Financial Platform Sunrise Adds New Tools for SMBs
Financial Platform Sunrise Adds New Tools for SMBs
February 03, 2022  |  SMBs

Bookkeeping and financial services platform Sunrise by Lendio has added several new functions to its free offerings: Tax Assist; Bank Reconciliation; Personalized Onboarding; and software-based invoicing...

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ACH Network up to 29.1B Payments Valued at $72.6T in 2021
ACH Network up to 29.1B Payments Valued at $72.6T in 2021
February 03, 2022  |  Faster Payments

The modern ACH Network saw “significant growth” in 2021, processing 29.1 billion payments totaling $72.6 trillion, while same-day automated clearing house (ACH) payment volume was...

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