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.

Scanco, CoreChain Team on B2B Automation
Scanco, CoreChain Team on B2B Automation
October 05, 2021  |  B2B Payments

Scanco Software, which works in warehouse, manufacturing and supply chain management solutions for Sage, has partnered with digital B2B payments network CoreChain Technologies to streamline...

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Comprehensive Spend Management Eliminates Chaos, Improves Performance
Comprehensive Spend Management Eliminates Chaos, Improves Performance
October 05, 2021  |  Spend Management

Over the past 10 to 15 years, there’s been a shift in spend management — the administration of approvals, payments and all the accounting and...

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Visa: Consumerization of Business Payments Starts With Collaborative Commerce
Visa: Consumerization of Business Payments Starts With Collaborative Commerce
October 05, 2021  |  B2B Payments

Within B2B payments – marked by paper checks, PDF invoices and an ongoing scourge of late payments – there’s no lack of imagination in mulling...

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Mexico’s B2B Cash-Flow Manager Higo Nets $23M
Mexico’s B2B Cash-Flow Manager Higo Nets $23M
October 04, 2021  |  B2B Payments

Higo, a Mexican B2B company, has raised $23 million in a Series A round, CB Insights reported. The company plans to use the capital to...

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Koffie Labs Expands Trucking Innovation to Georgia, Pennsylvania
Koffie Labs Expands Trucking Innovation to Georgia, Pennsylvania
October 04, 2021  |  B2B Payments

InsurTech Koffie Labs, which works in innovating the trucking and transportation markets, has expanded to Georgia and Pennsylvania and has announced two new distribution partners...

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Grasp, Traxo Partner to Find ‘Invisible’ Business Travel Bookings
Grasp, Traxo Partner to Find ‘Invisible’ Business Travel Bookings
October 04, 2021  |  B2B Payments

Two major players in the corporate travel data industry are joining forces. Grasp Technologies, which provides data management, consolidation, payment integration and data visualization, has...

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76% of Healthcare Firms Willing to Innovate Accounts Receivable for Cost Savings 
76% of Healthcare Firms Willing to Innovate Accounts Receivable for Cost Savings 
October 04, 2021  |  Healthcare

When hospitals and clinics seek payment for services rendered, their interactions with claims processors and insurance companies generally include exchanging information, following up on payment...

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UK Open Bank Platform Crezco Raises $4M
UK Open Bank Platform Crezco Raises $4M
October 04, 2021  |  B2B Payments

The London-based FinTech Crezco announced Monday (Oct. 4) it had raised 3 million pounds (or $4 million) in seed funding. Get the Full Story Complete...

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Today in B2B: Beacon’s $50M Funding Bounty; Payroll Compliance More Important Than Ever 
Today in B2B: Beacon’s $50M Funding Bounty; Payroll Compliance More Important Than Ever 
October 04, 2021  |  B2B Payments

Today in B2B payments, Beacon adds $50 million for product development and expansion, and Rabbet‘s CEO discusses how to solve the $100 billion construction industry...

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