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.

KeyBank Buys B2B Digital Banking Platform XUP 

KeyBank Buys B2B Digital Banking Platform XUP 
KeyBank Buys B2B Digital Banking Platform XUP 
November 22, 2021  |  Partnerships / Acquisitions

Cleveland-based financial service company KeyBank National Association has purchased B2B digital banking-as-a-service (BaaS) platform XUP Payments, according to a Monday (Nov. 22) press release. Financial...

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Automating Accounts Payable Can Turn Data Collection Into Relationship Management
Automating Accounts Payable Can Turn Data Collection Into Relationship Management
November 22, 2021  |  B2B Payments

Automation can make businesses more efficient, reduce errors and minimize costs in many areas. Get the Full Story Complete the form to unlock this article...

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‘Banking is Exciting’ FinWise CEO Says as Stock Surges After IPO
‘Banking is Exciting’ FinWise CEO Says as Stock Surges After IPO
November 22, 2021  |  Digital-First Banking

“Banking is an exciting place to be right now. There’s a lot happening,” Kent Landvatter, CEO/president of FinWise, told PYMNTS CEO Karen Webster in a...

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Adobe Partners With Bolt to Add One-Click Checkout
Adobe Partners With Bolt to Add One-Click Checkout
November 21, 2021  |  B2B Payments

Retailers using Adobe eCommerce software tools will soon be able to add one-click checkout. Adobe has announced it will add this feature thanks to a...

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Private-Equity Firms Are Reported Near Deal to Buy Athenahealth as Demand for HealthTech Rises
Private-Equity Firms Are Reported Near Deal to Buy Athenahealth as Demand for HealthTech Rises
November 21, 2021  |  Acquiring

Two private equity firms are close to a deal to buy Athenahealth, a provider of cloud-based software that helps healthcare providers with patient communications, billing...

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Visa/Amazon Interchange Dispute Shows Balance of Power Shifting to Platforms
Visa/Amazon Interchange Dispute Shows Balance of Power Shifting to Platforms
November 21, 2021  |  Credit Cards

In the battle over interchange fees — this time between Visa and Amazon — it is the platform companies that are gaining the leverage over...

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Chamber of Commerce at War With FTC Over Merger Policy Vote
Chamber of Commerce at War With FTC Over Merger Policy Vote
November 19, 2021  |  Regulation

The U.S. Chamber of Commerce has accused Federal Trade Commission Chairwoman Lina Khan of overstepping her agency’s authority. Get the Full Story Complete the form...

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Missing, Inaccurate Procurement Data Costs B2B Firms $600B a Year
Missing, Inaccurate Procurement Data Costs B2B Firms $600B a Year
November 19, 2021  |  B2B Payments

The widespread shift to remote work is fundamentally changing the procurement process. Historically, businesses have managed B2B payments in centralized offices, where employees could easily...

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Argentina Releases Decree to Tax Crypto Exchanges, Transactions
Argentina Releases Decree to Tax Crypto Exchanges, Transactions
November 19, 2021  |  Taxes

Most cryptocurrency transactions and exchanges will be subject to taxation in Argentina after the government clarified and updated new rules limiting tax exemptions to third-party...

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