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.

Dawatech Gets Investments for Expanding Health B2B Services

Dawatech Gets Investments for Expanding Health B2B Services
Dawatech Gets Investments for Expanding Health B2B Services
December 22, 2021  |  Investments

Dawatech, a healthtech company from Jordan, has gotten a seven-digit investment round from multiple companies, according to a Tuesday (Dec. 21) press release. Get the...

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US Multinational Businesses Wait 53% Longer to Receive Cross-Border Payments Than Domestic Payments
US Multinational Businesses Wait 53% Longer to Receive Cross-Border Payments Than Domestic Payments
December 22, 2021  |  B2B Payments

Global eCommerce activity has surged over the past year, presenting prime growth opportunities for enterprises. These opportunities come with several challenges, however. Enterprises must meet cross-border...

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Forget the ‘Final Mile’, Digitization Brings Efficiencies to Supply Chain’s ‘First Mile’
Forget the ‘Final Mile’, Digitization Brings Efficiencies to Supply Chain’s ‘First Mile’
December 22, 2021  |  B2B Payments

Supply chain has certainly been in the forefront lately. One part of that chain is what Factor calls the “first mile” — the processes that...

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Consumerized Digital Business Payments Enrich the Customer Experience
Consumerized Digital Business Payments Enrich the Customer Experience
December 22, 2021  |  B2B Payments

As digitization makes business-to-business (B2B) payments more like retail payments, buyer and seller experiences improve. For one thing, digitization brings operational efficiency. The capabilities and...

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Enterprise Buyers Find Suppliers, New Credit Options in B2B Chemicals Marketplace
Enterprise Buyers Find Suppliers, New Credit Options in B2B Chemicals Marketplace
December 22, 2021  |  B2B Payments

For a glimpse into the potential that digital transformation holds for B2B commerce, you might not find a better example than the world of buying...

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Wex Adds 2 Execs in Global Digital Push
Wex Adds 2 Execs in Global Digital Push
December 21, 2021  |  Personnel

WEX, a FinTech service provider, announced in a press release that it has added two new executives to its leadership team: Chief Digital Officer Karen...

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SEPA Cyber Technologies Becomes Certified Visa Ready Partner
SEPA Cyber Technologies Becomes Certified Visa Ready Partner
December 21, 2021  |  Digital Payments

IT solutions provider SEPA Cyber Technologies has joined the Visa Ready for Fintech Enablement program, according to a Tuesday (Dec. 21) press release. As part...

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Survey: 69% of Canadian Firms Using Virtual Cards See DSO Drop as Real-Time Looms
Survey: 69% of Canadian Firms Using Virtual Cards See DSO Drop as Real-Time Looms
December 21, 2021  |  Digital Payments

Time to realized revenue (TTRR) is a valuable metric, giving insights into the payment dynamics and the issues created when outstanding invoices age too long,...

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62% of Firms Realize DSO Improvement From AR Automation
62% of Firms Realize DSO Improvement From AR Automation
December 21, 2021  |  B2B Payments

Manual accounts receivable (AR) processes create several significant pain points for businesses. The pandemic is amplifying these problems as firms struggle to reconcile their invoices and...

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