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

WEX Opens FI Commercial Payments Services Unit

WEX Opens FI Commercial Payments Services Unit
WEX Opens FI Commercial Payments Services Unit
September 18, 2019  |  B2B Payments

Commercial payments company WEX is adding a new business segment under its Corporate Payments division, created to address the payments needs of financial institution clients,...

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Open Banking Startup Bud Lays Off One-Fifth Of Workforce
Open Banking Startup Bud Lays Off One-Fifth Of Workforce
September 18, 2019  |  B2B Payments

Open banking FinTech startup Bud is reportedly laying off up to one-fifth of its staff just months after announcing a $20 million fundraise, The Telegraph...

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Autonomous Fleet Startup TuSimple Tops Up Funding Round
Autonomous Fleet Startup TuSimple Tops Up Funding Round
September 18, 2019  |  B2B Payments

TuSimple, a U.S.-based startup developing self-driving trucking technology for the fleet and long-haul trucking sector, has announced a top-up of its oversubscribed funding round. Get...

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Top Banks Keep Ahead Of FinTechs’ Competitive Threat
Top Banks Keep Ahead Of FinTechs’ Competitive Threat
September 18, 2019  |  B2B Payments

The delicate balance between bank-FinTech competition and collaboration continues to teeter in the U.S. Get the Full Story Complete the form to unlock this article...

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Wells Fargo’s Stablecoin Pilot Targets X-Border Corporate Transfers
Wells Fargo’s Stablecoin Pilot Targets X-Border Corporate Transfers
September 18, 2019  |  B2B Payments

U.S. financial institution Wells Fargo has announced plans to pilot an internal settlement solution that operates on distributed ledger technology (DLT). Get the Full Story...

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FinTech/API Efforts Gain Ground in Europe
FinTech/API Efforts Gain Ground in Europe
September 18, 2019  |  B2B Payments

Open banking is opening doors for FinTech and FI collaborations, where cross pollination of financial services and products is gathering momentum.  In Europe, new offerings...

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Payroll Moves From Administrative Task To Employee Experience
Payroll Moves From Administrative Task To Employee Experience
September 18, 2019  |  B2B Payments

The fallout over alleged fraud at the hands of payroll software company MyPayrollHR came to a head this week when the Federal Bureau of Investigation...

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Travelex Launches Global B2B Payments Platform
Travelex Launches Global B2B Payments Platform
September 17, 2019  |  B2B Payments

Travelex, part of the United Arab Emirates-based Finablr, is rolling out a FinTech business-to-business (B2B) platform called Travelex Business, IBS Intelligence reported on Tuesday (Sept....

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Speed Finds Opportunity In B2B Payments Beyond Accounts Payable
Speed Finds Opportunity In B2B Payments Beyond Accounts Payable
September 17, 2019  |  B2B Payments

Corporate treasurers show increasing interest in real time and faster payment solutions, the latest research suggests. However, it’s not necessarily the ability to pay suppliers...

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