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

Goldman Sachs Backs Alternative SMB Lender Capify

Goldman Sachs Backs Alternative SMB Lender Capify
Goldman Sachs Backs Alternative SMB Lender Capify
January 17, 2019  |  B2B Payments

U.K.- and Australia-based Capify, an alternative finance provider targeting small firms, has landed a $96.6 million investment from Goldman Sachs, the company said on Wednesday...

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API Exchange Debuts In Hong Kong
API Exchange Debuts In Hong Kong
January 17, 2019  |  B2B Payments

More than 200 APIs will be made available from more than a dozen banks in Hong Kong through JETCO, backed by Union Pay. Elsewhere, Ripple's...

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GE Capital Exits Trade Finance With MUFG Acquisition
GE Capital Exits Trade Finance With MUFG Acquisition
January 17, 2019  |  B2B Payments

General Electric‘s divestiture of GE Capital assets continues as MUFG Union Bank announced plans to acquire GE Capital’s Trade Payable Services (TPS) operations. In an...

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Banco Santander Pulls Plug On New CEO
Banco Santander Pulls Plug On New CEO
January 17, 2019  |  B2B Payments

Banco Santander announced this week that plans to hire a new chief executive officer have been cancelled. Get the Full Story Complete the form to...

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India Eyes SMBs In Pursuit Of $5T Economy
India Eyes SMBs In Pursuit Of $5T Economy
January 17, 2019  |  B2B Payments

A government working group in India has said a $5 trillion economy could be a reality for the country by 2025, with small businesses (SMBs)...

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305M+ Healthcare Claims Were Paid Via ACH In 2018
305M+ Healthcare Claims Were Paid Via ACH In 2018
January 17, 2019  |  Healthcare

New data found that more than 306.7 million automated clearing house (ACH) electronic funds transfer (EFT) payments were made from health plans to healthcare providers last...

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How APIs Help Deliver B2B Payments Personalization — At Scale
How APIs Help Deliver B2B Payments Personalization — At Scale
January 17, 2019  |  API

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Blockchain Makes Inroads Into Banking
Blockchain Makes Inroads Into Banking
January 16, 2019  |  B2B Payments

Banks are giving the nod to blockchain to aid in speeding trade finance, especially in Asia, where the government and industry associations have launched efforts. Elsewhere,...

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Banks Lack Faith In Tech Giants’ Trade Finance Ambitions
Banks Lack Faith In Tech Giants’ Trade Finance Ambitions
January 16, 2019  |  B2B Payments

Amid a global market with a massive lack of trade finance accessibility, the International Chamber of Commerce (ICC) recently found that banks are growing more bullish...

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