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.
Amount Debuts Decisioning Platform to Help Banks Stay Competitive
Amount Debuts Decisioning Platform to Help Banks Stay Competitive
October 20, 2023  |  Banking

Banking technology firm Amount has introduced a new digital origination and decisioning Software-as-a-Service (SaaS) platform. “At Amount, we understand the urgent need for financial institutions...

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Zuora and Sovos Offer Automated eInvoicing Solution for Businesses
Zuora and Sovos Offer Automated eInvoicing Solution for Businesses
October 20, 2023  |  Commercial Payments

Zuora, a monetization suite for modern businesses, has partnered with Sovos, a global compliance technology solutions and services provider, to help global businesses meet eInvoicing...

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Mixed Manufacturing Data Underscores Need for Better AP Practices and Real-Time Payments
Mixed Manufacturing Data Underscores Need for Better AP Practices and Real-Time Payments
October 20, 2023  |  B2B Payments

Manufacturing is about as labor- and material-intensive a sector as might be seen, in any economy. The sheer volume of raw materials, machinery, plant and...

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Conduent Launches FastCap Finance Analytics Working Capital Tool
Conduent Launches FastCap Finance Analytics Working Capital Tool
October 20, 2023  |  B2B Payments

Conduent Inc., a global technology-led business solutions and services company, launched its latest Finance, Accounting, and Procurement (FAP) software solution, FastCap Finance Analytics, the company said Thursday...

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Dealflow Raises $700K to Move From Invoicing to Financial Automation
Dealflow Raises $700K to Move From Invoicing to Financial Automation
October 20, 2023  |  Investments

Danish startup Dealflow hopes to move beyond its invoicing roots after raising $700,000. The company will use the capital to help support a vision of...

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Digital Freight Startup Convoy Closes Down
Digital Freight Startup Convoy Closes Down
October 19, 2023  |  Supply Chain

Digital freight startup Convoy has announced the closure of its business. The Seattle-based trucking startup, which counted Jeff Bezos and Bill Gates among its investors,...

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Galileo Aims to Combat Fraud With Payment Risk Platform
Galileo Aims to Combat Fraud With Payment Risk Platform
October 19, 2023  |  Security & Fraud

Galileo Financial Technologies has unveiled its Payment Risk Platform to help combat fraud. The tool, announced Thursday (Oct. 19), is a “holistic fraud engine” offering real-time payment...

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Citi and Navan Introduce All-in-One Travel Solution for CCB Cardholders
Citi and Navan Introduce All-in-One Travel Solution for CCB Cardholders
October 19, 2023  |  Travel Payments

Citi and Navan have launched a new travel and expense system for Citi Commercial Bank (CCB) cardholders, the companies said Thursday (Oct. 19). This collaboration...

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Virtual Cards Accelerate AP Automation, Leaving Checks Behind
Virtual Cards Accelerate AP Automation, Leaving Checks Behind
October 19, 2023  |  Accounts Payable

Business-to-business (B2B) payments play a crucial role in the modern economy, with experts projecting a staggering $111 trillion in transactions between businesses by 2027. However,...

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