commercial payments

UnionPay and TripLink Unveil Virtual Card for B2B Cross-Border Payments
UnionPay and TripLink Unveil Virtual Card for B2B Cross-Border Payments
October 10, 2023  |  B2B Payments

Global payment network UnionPay has partnered with FinTech company TripLink to introduce the UnionPay Virtual Commercial Card in Singapore. This collaboration aims to address the cross-border payment needs of...

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kennek Raises $12.5 Million for B2B Lending Platform 
kennek Raises $12.5 Million for B2B Lending Platform 
October 10, 2023  |  Investments

London-based FinTech kennek has raised $12.5 million in a seed funding round to grow its operating system for lenders serving the private debt market.  The firm will...

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Altman-Backed Slope’s Bid to Create GPT Business Payments
Altman-Backed Slope’s Bid to Create GPT Business Payments
October 10, 2023  |  artificial intelligence

The business-to-business (B2B) payments economy represents a $125 trillion opportunity for the right innovation to unlock. But those trillions of dollars being shuffled around between businesses...

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Container Shipping Rates Drop 90% Since Early 2022
Container Shipping Rates Drop 90% Since Early 2022
October 09, 2023  |  Shipping

Container shipping rates have reportedly experienced a significant decline due to a decrease in consumer demand for goods, particularly in the ocean freight industry. This...

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Most Retailers Say Real-Time Payments Strengthen B2B Relationships
Most Retailers Say Real-Time Payments Strengthen B2B Relationships
October 09, 2023  |  Faster Payments

Real-time payments are strengthening B2B relationships, with partners on both sides of the transaction reporting that they benefit from the payment method. Eighty-nine percent of...

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OnlineCheckWriter and Plexe Team as Businesses Struggle to Find Capital
OnlineCheckWriter and Plexe Team as Businesses Struggle to Find Capital
October 09, 2023  |  B2B Payments

B2B payment platform OnlineCheckWriter.com has teamed with Plexe to help businesses access working capital. The recently announced partnership lets businesses access Plexe’s line of credit after verifying business information and a...

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Thomson Reuters Launches Platform to Ease eInvoicing Compliance
Thomson Reuters Launches Platform to Ease eInvoicing Compliance
October 09, 2023  |  B2B Payments

Thomson Reuters has unveiled a centralized platform designed to streamline electronic invoicing management for multinational businesses. The new solution, ONESOURCE E-Invoicing, aims to help businesses...

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Late Payments Push 64% of CFOs to Modernize Accounts Receivables
Late Payments Push 64% of CFOs to Modernize Accounts Receivables
October 09, 2023  |  Accounts Receivable

As organizations across industries struggle with delayed payments and disruptions to cash flow, accounts receivable (AR) teams are now seen as navigators amid an economic...

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CFOs Must Address AP and AR as Interest Rates May Rise Again
CFOs Must Address AP and AR as Interest Rates May Rise Again
October 06, 2023  |  B2B Payments

The jobs report has come in, and the Federal Reserve looks set to boost interest rates again. For chief financial officers and finance executives, time...

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