Digital wallet Belo has launched a web platform to help businesses make cross-border transactions. This initiative allows companies from 108 countries to open a free account on Belo, enabling them to make transactions in pesos and cryptocurrencies and send dollars to foreign accounts, Contxto reported Thursday (Aug. 24)....
The manufacturing sector is quickly recognizing the value of real-time payments. Most manufacturers now deem real-time payments vital for business, with 61% holding this view for making payments and 65% for receiving them. PYMNTS’ latest study reveals that small manufacturers are leading the charge away...
Insurance companies are embracing real-time payments when collecting customer premiums or receiving payments from other businesses. Even though 80% of firms use real-time payments, they account for just 16% of transactions, behind automated clearing house (ACH) and wire transfers. The forecast for growth in real-time...
Complications run rampant in B2B payments, with small businesses especially struggling to overcome payment delays, cash management challenges and a host of other issues. While large businesses can deploy tremendous resources and extensive accounts payable (AP) teams to brute-force their way through these obstacles, small-...
August 24, 2023
The manufacturing sector is quickly recognizing the value of real-time payments. Most manufacturers now deem real-time payments vital for business, with 61% holding this view for making payments and 65% for receiving them. PYMNTS’ latest study reveals that small manufacturers are leading the charge away from traditional payment methods and toward real-time payments. Smaller manufacturers […]
August 17, 2023
Insurance companies are embracing real-time payments when collecting customer premiums or receiving payments from other businesses. Even though 80% of firms use real-time payments, they account for just 16% of...
July 01, 2021
Enterprise resource planning (ERP) software remains a staple for many corporations as a digital hub for a variety of workflows, from payments to cash forecasting. As businesses modernize their electronic...
March 23, 2021
Corporates continue to lower their guard against digitization, embracing electronic B2B payments as they press ahead in their modernization efforts. Over the past several months, commercial card adoption in the...
August 25, 2023
Digital wallet Belo has launched a web platform to help businesses make cross-border transactions. This initiative allows companies from 108 countries to open a free account on Belo, enabling them to make transactions in pesos and cryptocurrencies and send dollars to foreign accounts, Contxto reported Thursday (Aug. 24). The introduction of this platform aims to address the challenges […]
April 13, 2020
Payments FinTech WEX is introducing a new corporate payment solutions team as it moves to reorganize its business, the company said in a statement on Monday (April 13). Mark Aquilina...
May 14, 2019
Deutsche Bank announced on Tuesday (May 14) that it is tapping Malaysia‘s instant credit clearing system, DuitNow, to process payments for corporate clients. In a press release, Deutsche Bank said...
January 17, 2019
Square announced Thursday (Jan. 17) the Square Card, a business debit Mastercard aimed at helping businesses manage cash flow. In a press release, the payments company said Square Card users get...
