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

AltFin Community Advises HMRC Against Insolvency Tax Recovery Plans

AltFin Community Advises HMRC Against Insolvency Tax Recovery Plans
AltFin Community Advises HMRC Against Insolvency Tax Recovery Plans
May 07, 2019  |  B2B Payments

The U.K. government is considering reinstating its so-called “crown preference” policy in an effort to prioritize the collection of tax payments from insolvent small businesses....

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Kraft Heinz Uncovers Employee Procurement Misconduct
Kraft Heinz Uncovers Employee Procurement Misconduct
May 07, 2019  |  B2B Payments

U.S. food giant Kraft Heinz continues to address issues related to claims of procurement misconduct after the Securities and Exchange Commission (SEC) subpoenaed the company....

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Ripple News: Boosts X-Border Partnership Tally
Ripple News: Boosts X-Border Partnership Tally
May 07, 2019  |  B2B Payments

Ripple has added to its cross-border payments roster with a recent linkup with Ria Money, while also readying a refresh of its xCurrent, geared toward...

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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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