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.

Less Than Half of Businesses Make Payments Via Credit Card

Less Than Half of Businesses Make Payments Via Credit Card
Less Than Half of Businesses Make Payments Via Credit Card
December 14, 2021  |  B2B Payments

Payments are seemingly the biggest barrier keeping many business-to-consumer (B2C) merchants from crossing into the business-to-business (B2B) market. Many retailers lack the necessary infrastructure to accommodate...

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Mexican Trucking FinTech Nets $4.5M for Expansion
Mexican Trucking FinTech Nets $4.5M for Expansion
December 13, 2021  |  Investments

Solvento, a Mexican FinTech, has raised $4.5 million in an investment round, according to a press release. Get the Full Story Complete the form to...

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Payroll Service Kronos Offline After Ransomware Attack
Payroll Service Kronos Offline After Ransomware Attack
December 13, 2021  |  Cybersecurity

The Log4Shell vulnerability has affected workforce management and human resources (HR) cloud provider Kronos, the company warned users in a blog post last updated Monday...

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Currency Exchange Marketplaces Accelerate Supplier Payments for Emerging Markets SMBs
Currency Exchange Marketplaces Accelerate Supplier Payments for Emerging Markets SMBs
December 13, 2021  |  B2B Payments

Trade has become more global than ever, but paying suppliers abroad remains a challenge for businesses looking to make payments in less familiar currencies belonging...

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Google-Backed Factor Raises $6M in Seed Funding
Google-Backed Factor Raises $6M in Seed Funding
December 13, 2021  |  Investments

Supply chain payments and order management platform Factor has raised $6 million in seed funding with the help of Google’s Gradient Ventures fund. Get the...

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Pecunpay Becomes First Spanish Issuer of UnionPay Cards
Pecunpay Becomes First Spanish Issuer of UnionPay Cards
December 13, 2021  |  B2B Payments

Spanish FinTech Pecunpay and global payments company UnionPay have signed a strategic partnership to make Pecunpay the first Spanish issuer of UnionPay cards, according to...

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Business Banking Platforms Set Sights on Delivering the ‘Uber Experience’ for Corporate Customers
Business Banking Platforms Set Sights on Delivering the ‘Uber Experience’ for Corporate Customers
December 13, 2021  |  B2B Payments

Business banking platforms don’t have to be complicated and disjointed. And big banks, FinTechs and neobanks alike are all showing users that there are alternatives...

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Equifax Unveils B2B Transaction Tool OnboardConnect
Equifax Unveils B2B Transaction Tool OnboardConnect
December 13, 2021  |  B2B Payments

Equifax has launched a tool designed to allow faster, more secure and cheaper business-to-business transactions. Get the Full Story Complete the form to unlock this...

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59% of CFOs Say Payments Digitization Is Key to a Healthy Balance Sheet 
59% of CFOs Say Payments Digitization Is Key to a Healthy Balance Sheet 
December 13, 2021  |  B2B Payments

Chief financial officers (CFOs) are investing in payments digitization because they believe it is integral to building and keeping healthy balance sheets. For different CFOs,...

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