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.

JPMorgan to Power Payments for Siemens Using Private Blockchain

JPMorgan to Power Payments for Siemens Using Private Blockchain
JPMorgan to Power Payments for Siemens Using Private Blockchain
December 20, 2021  |  B2B Payments

J.P. Morgan Chase is working with Siemens to create a blockchain system for the latter company’s payments. Get the Full Story Complete the form to...

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Gupshup Unveils WhatsApp-Based eCommerce Tool
Gupshup Unveils WhatsApp-Based eCommerce Tool
December 20, 2021  |  eCommerce

The business-to-consumer messaging company Gupshup has launched a commerce solution that lets businesses create digital storefronts on WhatsApp. Get the Full Story Complete the form...

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Integrated Payments Helps Meet Rapidly Evolving Needs of Businesses
Integrated Payments Helps Meet Rapidly Evolving Needs of Businesses
December 20, 2021  |  B2B Payments

Business-to-business (B2B) transactions are notorious for various pain points and paper-laden processes that, from invoices to paper checks, result in late, and even lost, payments....

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From Armani to Zegna, B2B Marketplaces Transform High-Touch World of Luxury Wholesale
From Armani to Zegna, B2B Marketplaces Transform High-Touch World of Luxury Wholesale
December 20, 2021  |  B2B Payments

Digital wholesale management platform JOOR has added another outfit to its wardrobe. Already serving business-to-business (B2B) buyers and sellers in the luxury spaces, it’s now...

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OFX Buys Canadian FX Firm Firma for $70M
OFX Buys Canadian FX Firm Firma for $70M
December 19, 2021  |  Partnerships / Acquisitions

International money service provider OFX Group Limited has announced an agreement to acquire Firma, a global foreign exchange service, a press release says. Get the...

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Pantera Tools to Launch Invoicing, Payments Processing
Pantera Tools to Launch Invoicing, Payments Processing
December 19, 2021  |  B2B Payments

Pantera Tools is rolling out its direct invoicing feature, which allows users to consolidate their business systems, according to a Saturday (Dec. 18) press release....

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Phone-as-a-Service Startup Everphone Rolls Out in US With Miami Headquarters
Phone-as-a-Service Startup Everphone Rolls Out in US With Miami Headquarters
December 17, 2021  |  Mobile

Berlin’s phone-as-a-service (PaaS) startup Everphone is readying for its launch in the U.S. with headquarters in Miami, Florida, one of the country’s fastest-growing technology hubs,...

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Tiger Global Invests $11m in Pakistani Digital Bookkeeper CreditBook
Tiger Global Invests $11m in Pakistani Digital Bookkeeper CreditBook
December 17, 2021  |  Investments

Tiger Global Management LLC has jumped into the booming Pakistan startup market with an investment in small business-focused digital bookkeeping platform CreditBook, Bloomberg reported Friday...

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75% of Financial Institutions Plan to Expand Support for Cryptocurrencies Over the Next 12 Months
75% of Financial Institutions Plan to Expand Support for Cryptocurrencies Over the Next 12 Months
December 17, 2021  |  Cryptocurrency

Financial institutions (FIs) are preparing for an anticipated surge in the usage of cryptocurrency, and competition among FIs angling to underpin businesses’ cryptocurrency payments is...

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