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.

Open Banking FinTechs Target SMB Underwriting Pains
Open Banking FinTechs Target SMB Underwriting Pains
February 23, 2021  |  B2B Payments

While traditional banks continue to collaborate with FinTechs and facilitate data integrations to strengthen their product offerings for small- to medium-sized businesses (SMBs), more FinTechs...

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The Two Layers Of B2B Collaborative Commerce
The Two Layers Of B2B Collaborative Commerce
February 23, 2021  |  B2B Payments

The B2B payments community has been discussing the persistence of the paper check — and its supposed inevitable demise — for years. Even amid a...

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MUFG Debuts Green Deposits For Corporate Customers
MUFG Debuts Green Deposits For Corporate Customers
February 22, 2021  |  B2B Payments

MUFG Union Bank N.A. has announced a new green deposits feature to help corporate and commercial clients invest in environmentally sustainable projects, according to a...

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Australian B2B Payments Provider Cirralto Limited To Raise $14.3 Million
Australian B2B Payments Provider Cirralto Limited To Raise $14.3 Million
February 22, 2021  |  B2B Payments

Australian business-to-business (B2B) payments company Cirralto Limited announced on Monday (Feb. 22) that it garnered “firm commitments” to raise A$18 million (approximately $14.3 million), according...

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OnDeck Teams With HomeAdvisor On SMB Financing
OnDeck Teams With HomeAdvisor On SMB Financing
February 22, 2021  |  B2B Payments

OnDeck, an Enova International brand, has collaborated with HomeAdvisor to help businesses and tradespeople on the HomeAdvisor platform to access financing, according to a Monday...

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SMBs Seeking PPP Loans Frustrated By Typos, Glitches
SMBs Seeking PPP Loans Frustrated By Typos, Glitches
February 22, 2021  |  B2B Payments

The U.S. Paycheck Protection Program (PPP), renewed this year after Congress finally enacted a stimulus package, has been hobbled by a range of problems, The...

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Today In B2B: Brex Pursues Bank Charter; Office Depot Bolsters B2B Strategy
Today In B2B: Brex Pursues Bank Charter; Office Depot Bolsters B2B Strategy
February 22, 2021  |  B2B Payments

Today in B2B payments, Office Depot strengthens its B2B eCommerce strategy with an acquisition, while Brex pursues a bank charter. Plus, Walmart Canada goes on...

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Biden Administration Puts New PPP Focus On Smaller, Minority-Owned Firms
Biden Administration Puts New PPP Focus On Smaller, Minority-Owned Firms
February 22, 2021  |  Economy

President Biden plans to rework the U.S. Paycheck Protection Program (PPP) so that smaller companies, those in underserved communities and those owned by minorities gain...

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Vendor Payment Arrangements Reveal Battle Between Businesses
Vendor Payment Arrangements Reveal Battle Between Businesses
February 22, 2021  |  B2B Payments

When it comes to supplier payment terms, there is often a tug-of-war at play. On one side, corporate buyers are looking to lengthen their vendor...

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