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

Today In Payments: Beijing Offers Lottery For Digital Yuan Pilot; Mitek Acquires ID R&D To Fight Identity Fraud

Today In Payments: Beijing Offers Lottery For Digital Yuan Pilot; Mitek Acquires ID R&D To Fight Identity Fraud
Today In Payments: Beijing Offers Lottery For Digital Yuan Pilot; Mitek Acquires ID R&D To...
June 02, 2021  |  News

In today’s top news, Beijing is holding a $6.2 million lottery to pilot its digital yuan, and Mitek has acquired ID R&D to expand its...

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B2B Payments Today: Amex On Building Better Construction Cash Flows; Prevalent Discusses Supplier Risk Strategy
B2B Payments Today: Amex On Building Better Construction Cash Flows; Prevalent Discusses Supplier Risk Strategy
June 02, 2021  |  B2B Payments

Today in B2B payments, American Express discusses healthier cash flow for the construction sector, and Prevalent delves into reshaping supplier risk management strategy. Plus, Synovus...

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Widening Procurement’s Scope Of Vendor Risk Management
Widening Procurement’s Scope Of Vendor Risk Management
June 02, 2021  |  B2B Payments

The dreaded data breach has organizations prioritizing third-party risk management in the procure-to-pay workflow. But when it comes to managing suppliers — and the potential...

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Payments Take Center Stage Of Bank-FinTech Collaboration
Payments Take Center Stage Of Bank-FinTech Collaboration
June 02, 2021  |  B2B Payments

Payments has taken center stage for bank-FinTech pairings, with Visa’s FinTech Partner Connect finding new reach to streamline the collaborative process. Plus, Deloitte ramps up...

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Amex: Payments Tech Builds Healthier Cash Flows In Booming Construction Market
Amex: Payments Tech Builds Healthier Cash Flows In Booming Construction Market
June 02, 2021  |  B2B Payments

Rising supply and demand throughout the construction industry can be a fickle beast for the builders, contractors, buyers and suppliers operating in the space. Get...

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Komgo Raises $29 Million For Blockchain Trade Finance Platform
Komgo Raises $29 Million For Blockchain Trade Finance Platform
June 01, 2021  |  B2B Payments

Trade finance blockchain company Komgo has closed a funding round with $29 million, a press release said on Tuesday (June 1). Get the Full Story...

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Temenos Brings ‘Virtual COO’ To SMB Bank Clients
Temenos Brings ‘Virtual COO’ To SMB Bank Clients
June 01, 2021  |  B2B Payments

Temenos, the banking technology company, and Canadian Western Bank (CWB) have built out Temenos Virtual COO, an Explainable AI-driven (XAI) offering. Temenos has rolled out the offering...

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B2B Payments Today: What Firms Want From Global Payments Innovation; Truist Eyes Industry-Specific Business Banking
B2B Payments Today: What Firms Want From Global Payments Innovation; Truist Eyes Industry-Specific Business Banking
June 01, 2021  |  B2B Payments

Today in B2B payments, PYMNTS releases new data on corporates’ cross-border payments innovation needs, and Truist discusses an industry-specific approach to business banking. Plus, Funding...

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Synovus Debuts Integrated Receivables Platform
Synovus Debuts Integrated Receivables Platform
June 01, 2021  |  B2B Payments

Synovus debuted its Synovus Accelerate AR platform called to increase access to working capital and decrease exceptions by the way of straight-through processing throughout every...

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