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

OCBC Bank Says Fraud Is Pushing Digital Trade Finance

OCBC Bank Says Fraud Is Pushing Digital Trade Finance
OCBC Bank Says Fraud Is Pushing Digital Trade Finance
May 07, 2019  |  B2B Payments

Rampant fraud in the global trade finance space is forcing the industry to go digital, according to Asia’s second-largest lender, OCBC. The Singapore bank’s Managing...

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BBB Sounds Alarm On Online Small Business Lending
BBB Sounds Alarm On Online Small Business Lending
May 07, 2019  |  B2B Payments

The Better Business Bureau (BBB) is issuing a warning to small businesses (SMBs) about a possible lending scam shedding light on the risks of online...

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Wells Fargo Closer To Choosing New CEO, Contacts Bridgewater’s Eileen Murray
Wells Fargo Closer To Choosing New CEO, Contacts Bridgewater’s Eileen Murray
May 06, 2019  |  Personnel

Wells Fargo has contacted Bridgewater Associates Co-CEO Eileen Murray about the bank’s open CEO job, according to reports. Get the Full Story Complete the form...

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Hiring Pains, Revenue Optimism Hit Small Business Week
Hiring Pains, Revenue Optimism Hit Small Business Week
May 06, 2019  |  B2B Payments

In honor of Small Business (SMB) Week, which kicks off in the U.S. on Monday (May 6), banks and financial service providers are releasing troves...

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W Virginia Withholds Payment To Tax Delinquent Vendors
W Virginia Withholds Payment To Tax Delinquent Vendors
May 06, 2019  |  B2B Payments

The West Virginia State Auditor’s office has announced a new tax program aimed at vendors who owe the state money. Get the Full Story Complete...

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EU Regs Hear More Calls For Commercial Card Swipe Fee Caps
EU Regs Hear More Calls For Commercial Card Swipe Fee Caps
May 06, 2019  |  B2B Payments

As European Union (EU) authorities continue to combat interchange fees charged by credit card companies Visa and Mastercard, some are now calling on such regulatory...

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The UK’s Prompt Payment Code Sees Laggards
The UK’s Prompt Payment Code Sees Laggards
May 06, 2019  |  B2B Payments

In the U.K., mandates to get larger firms to pay smaller suppliers and contractors with speed seems to be hitting some speed bumps. In Scotland, a...

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How Contractor Risk Analysis Shifts To Look Ahead
How Contractor Risk Analysis Shifts To Look Ahead
May 06, 2019  |  B2B Payments

On a global scale, supply chain risk for large conglomerates can often be about regulatory compliance, contract negotiations and even addressing threats based on weather...

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