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.
Businesses Want Cheaper Payments and Faster Receivables, Says Bank of America
Businesses Want Cheaper Payments and Faster Receivables, Says Bank of America
November 01, 2023  |  Digital Payments

The only constant is change, and the only necessity is adapting to it. This adage is particularly true within the global digital payment collection and...

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CFOs Write New Playbook on Prepping for Leaner Economic Times
CFOs Write New Playbook on Prepping for Leaner Economic Times
November 01, 2023  |  CFO

The role of today’s chief financial officer (CFO) is continually evolving in step with economic realities and technological advancements. And those two areas have undergone...

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J.P. Morgan: Embedded Finance Visions Should Start With the ‘Why’
J.P. Morgan: Embedded Finance Visions Should Start With the ‘Why’
November 01, 2023  |  Payment Methods

“If you’re looking toward an embedded finance solution,” Brady Warner, head of embedded finance solutions at J.P. Morgan Commercial Banking, told Karen Webster, “you need...

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75% of AP Teams Reported Processing More Invoices Last Quarter
75% of AP Teams Reported Processing More Invoices Last Quarter
October 31, 2023  |  Accounts Payable

Accounts payable (AP) staff have been working extra hours as they use legacy and manual procedures to handle a growing number of invoices. Seventy-five percent...

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TPA Stream Introduces Consolidated Invoicing Solution for Third-Party Administrators
TPA Stream Introduces Consolidated Invoicing Solution for Third-Party Administrators
October 31, 2023  |  Commercial Payments

TPA Stream, an insurance technology software company, has introduced a consolidated invoicing product for third-party administrators (TPAs). This solution allows administrators to generate a single...

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Most Midmarket Companies in Latin America and Caribbean Use Working Capital Solutions
Most Midmarket Companies in Latin America and Caribbean Use Working Capital Solutions
October 31, 2023  |  SMBs

It is becoming more expensive and complex for companies to operate globally, and firms need better access to money to keep their businesses afloat.  Inflation...

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Nearly Half of FIs Tap Deep Learning Systems to Fight Fraud
Nearly Half of FIs Tap Deep Learning Systems to Fight Fraud
October 31, 2023  |  Fraud Prevention

Artificial intelligence (AI) has become increasingly prevalent across various industries, offering a wide range of capabilities. In the payments industry, AI has proven to be...

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Wheels Up Creates SMB Private Jet Membership in Bid for Recurring Revenue
Wheels Up Creates SMB Private Jet Membership in Bid for Recurring Revenue
October 31, 2023  |  Subscriptions

As more businesses take on a monthly subscription model to offer their services, even private jets are getting the membership treatment, with Wheels Up bringing...

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Olive Technologies and Procurify Collaborate to Enhance Procurement Processes
Olive Technologies and Procurify Collaborate to Enhance Procurement Processes
October 31, 2023  |  Partnerships

Olive Technologies, a provider of artificial intelligence (AI)-driven decision-making solutions, partnered with Procurify, a provider of cloud-based procure-to-pay software. The collaboration aims to simplify and...

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