B2B

Business-to-business is a situation where one business makes a commercial transaction with another. This typically occurs when: A business is sourcing materials for their production process for output .Example- Providing raw material to the other company that will produce output.

Source: en.wikipedia.org

BNY Mellon Partners With Early Warning Services For Faster Payment Times

BNY Mellon Partners With Early Warning Services For Faster Payment Times
BNY Mellon Partners With Early Warning Services For Faster Payment Times
July 06, 2020  |  B2B Payments

Bank of New York (BNY) Mellon has announced a new partnership with risk and payments solution provider Early Warning Services, aiming to boost digital B2B...

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Federal Workers Allowed To Purchase Supplies From Online Retailers
Federal Workers Allowed To Purchase Supplies From Online Retailers
July 06, 2020  |  B2B Payments

Federal workers, through partnerships with several online retailers, will now be able to purchase equipment like desks or office supplies through an eCommerce network for...

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Regional Banks Guide Corporates To Future-Proof Accounts Payable
Regional Banks Guide Corporates To Future-Proof Accounts Payable
July 03, 2020  |  B2B Payments

Accounts payable (AP) teams and other financial functions of the enterprise were some of the hardest hit by the disruption caused by the global pandemic....

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B2B FinTechs Show Signs Of Mid-Year Venture Capital Lull
B2B FinTechs Show Signs Of Mid-Year Venture Capital Lull
July 03, 2020  |  B2B Payments

Commercial payments technology firm WEX landed a $400 million investment this week, but when it comes to venture capital, investors set their sights on B2B...

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Chinese Banks Vie For SMBs With New Virtual Bank Applications
Chinese Banks Vie For SMBs With New Virtual Bank Applications
July 02, 2020  |  B2B Payments

New Chinese lender Ping An OneConnect, along with HSBC, are both working to help ease small- to medium-sized businesses (SMBs) into new virtual, more efficient...

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Audit Standards On Hot Seat In Wake Of Wirecard Scandal
Audit Standards On Hot Seat In Wake Of Wirecard Scandal
July 02, 2020  |  Security & Fraud

The former chair of the London Stock Exchange is calling for a thorough overhaul of audit standards in the wake of the $2.1 billion Wirecard...

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Corporate Debt Rises As China Tries To Heal From Pandemic
Corporate Debt Rises As China Tries To Heal From Pandemic
July 02, 2020  |  B2B Payments

Chinese policymakers have been trying to multi-task between fighting pandemic-related economic damage and fueling a new debt bubble from recent spending, according to Bloomberg. Get...

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Oxbury, ClearBank To Help Farmers With B2B Payments
Oxbury, ClearBank To Help Farmers With B2B Payments
July 02, 2020  |  B2B Payments

U.K.-based specialty bank Oxbury will use ClearBank’s cloud banking platform to help farms and food producers access U.K. payment schemes and B2B advantages, a press release...

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Wirecard Saga Reignites Debate Over Auditors’ Role In Combatting Fraud
Wirecard Saga Reignites Debate Over Auditors’ Role In Combatting Fraud
July 02, 2020  |  B2B Payments

As the fallout from Wirecard‘s $2 billion accounting scandal continues, some attention has turned to the Germany-based payment company’s auditor, Ernst & Young (EY). Get...

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