B2b Payments/page/4 news and trends

AppDirect Acquires Builtfirst to Expand Marketplace Solutions
Acquisitions // May 09, 2024

AppDirect has acquired Builtfirst, saying this will further its aim to become “the premier destination for marketplace solutions.” The acquisition adds Builtfirst’s self-service marketplace platform technology to AppDirect’s suite of solutions focused on its business-to-business (B2B) commerce platform, the companies said in a Thursday (May 9) press...

AP Automation and Virtual Cards Shine This Week in B2B
B2B Payments // May 09, 2024

The B2B landscape is responsible for around $125 trillion of annual money movement. And those B2B payments are working overtime in the background to power much of the world’s economy. But even two decades and a handful of years into the 21st century, much of that...

American Express Introduces Business Card for Nigerian Users
B2B Payments // May 09, 2024

American Express is rolling out a business credit card in Nigeria, its first such product in the country. The card offers business owners a spending limit of $10,000 and a repayment period of up to 45 days for international transactions, and comes as a result of...

Report: Alphabet in Continuing Talks to Acquire HubSpot
Acquisitions // May 09, 2024

Google parent company Alphabet is reportedly in continuing talks with HubSpot about acquiring that company. The companies have discussed the potential terms of a deal, although the deliberations are ongoing, there is no certainty the two companies will come to an agreement, and another potential buyer could emerge, Bloomberg reported Thursday (May 9),...

Interviews & Exclusives
Digital Payments Help Construction Firms Overcome Manual Misery

May 09, 2024
The construction industry is a critical one, but it has a giant problem: late payments. In a sector where cash flow couldn’t be more important to firms’ survival, slow and delayed payments in the construction space cost businesses $273 billion in 2023 — representing nearly 14% of total construction costs, up from 12% in 2022. Partly to blame is the construction sector’s […]

Virtual Cards Close Middle-Market Cash Flow ‘Unpredictability Gap’

May 07, 2024
Virtual cards are at a tipping point. That’s the sentiment expressed by several finance leaders in the B2B space, as the current environment of stubborn inflation and strict access to...

Technology and Data Pave the Way for Improved B2B Payments

May 06, 2024
Data integrity and technology that provides flexibility are key for businesses in a dynamic market, Boost Payment Solutions CFO Mariana Lamson writes in the new PYMNTS eBook, “The Implications of...

IRS Modernization Efforts Pose Challenges as Enterprises Embrace eFiling  

May 04, 2024
Digital transformation is becoming as inevitable as the reality of paying taxes. And as many companies discovered during the recent tax season, even the IRS is going digital. As Wendy...

Quick Reads
Priority Says Businesses Seek Payments, Banking on Single Platform

May 09, 2024
Priority Technology Holdings is seeing widespread demand for its suite of services that include both software-as-a-service (SaaS) payments and banking. The company recorded strong performance in each of its three business segments, Tom Priore, chairman and CEO of Priority Technology Holdings, said Thursday (May 9) during the company’s quarterly earnings call. “Maintaining the momentum we established […]

AppDirect Acquires Builtfirst to Expand Marketplace Solutions

May 09, 2024
AppDirect has acquired Builtfirst, saying this will further its aim to become “the premier destination for marketplace solutions.” The acquisition adds Builtfirst’s self-service marketplace platform technology to AppDirect’s suite of solutions focused...

American Express Introduces Business Card for Nigerian Users

May 09, 2024
American Express is rolling out a business credit card in Nigeria, its first such product in the country. The card offers business owners a spending limit of $10,000 and a repayment...

Report: Alphabet in Continuing Talks to Acquire HubSpot

May 09, 2024
Google parent company Alphabet is reportedly in continuing talks with HubSpot about acquiring that company. The companies have discussed the potential terms of a deal, although the deliberations are ongoing, there is no certainty the two...