Suppliers news and trends

Walmart to Add Free Basic Package to Data Monetization Platform
Walmart // October 12, 2022

About a year after launching Walmart Luminate, a data monetization platform for merchants and suppliers, Walmart has announced that it will make additions to the subscription-based product suite and that it expects to launch a free basic package for suppliers in 2023. One data set...

Today in B2B Payments: Partnerships Ease Marketplace Payments, Logistics
B2B Payments // October 06, 2022

Today in B2B payments, Balance and Mirakl partner to enable seamless payments on B2B marketplaces, Procurant and Uber Freight Team to streamline logistics for suppliers of fresh produce, and Tempo France and Orokii open a remittance corridor. Plus, Jiko raises $40 million to “transform the...

Ebury Debuts Program To Ease Chinese Supplier Relations
B2B Payments // May 10, 2021

Ebury’s new Parallel Forward program will help to ease trade with Chinese suppliers, a company blog post said Monday (May 10). The program will work to help Western businesses establish long-term supply chain relationships in China and will help the company’s dedication toward lubricating global...

Walmart Expands ‘Early Payment Program’ To Focus On Supplier Diversity
Financial Inclusion // April 28, 2021

Walmart said on Wednesday (April 28) that it is launching “an expanded early payment program” with an eye toward “supporting the long-term growth and success of diverse and minority-owned businesses.” In a press release, the company said that the “new option launches with the goal...

Interviews & Exclusives
Thomas CEO: How A 122-Year-Old Company Sees B2B Payments Evolution

February 03, 2020
As is so often the case with technological disruption, the digital evolution of supply chains remains slow and steady. That’s not to say, however, that the impact of that transition is subtle. At the onset of Industry 4.0, the way manufacturers, industrial suppliers and corporate buyers connect and conduct business is not what it used […]

Are Virtual Cards The Future Of B2B Travel Payments?

January 09, 2020
When Sabre and Visa announced a new partnership in April to pair Visa virtual commercial cards with the Sabre Virtual Payments gateway, the goals were fairly big: create a virtual B2B...

Trade Credit: When ‘Status Quo’ Means It’s Time For A Change

December 06, 2019
For Eyal Shinar, CEO of Fundbox, understanding the burden that cash-flow bottlenecks and delayed invoice payments have on B2B companies came through personal experience. His mother, who owned a small...

Visa On Launch Of Infinite Business For High-Spending SMBs

October 23, 2019
Visa is rolling out a new card product suite focused on small businesses (SMBs) — more specifically, high-spending SMBs. David Simon, Visa’s senior vice president and global head of small...

Quick Reads
Walmart to Add Free Basic Package to Data Monetization Platform

October 12, 2022
About a year after launching Walmart Luminate, a data monetization platform for merchants and suppliers, Walmart has announced that it will make additions to the subscription-based product suite and that it expects to launch a free basic package for suppliers in 2023. One data set that the company has added to its roadmap for the […]

Walmart Expands ‘Early Payment Program’ To Focus On Supplier Diversity

April 28, 2021
Walmart said on Wednesday (April 28) that it is launching “an expanded early payment program” with an eye toward “supporting the long-term growth and success of diverse and minority-owned businesses.”...

Nike, Other Major Brands Report Millions In Bad Debt As Retailers Struggle To Pay Suppliers

July 15, 2020
The impact of COVID-19 on retailers is obvious as companies report plummeting sales, but the pandemic has also delivered a blow to the middlemen, which include makers of apparel and...

EU Countries Gain Ability To Exclude ‘High-Risk’ 5G Suppliers

January 23, 2020
New guidelines from the European Union (EU) allow for countries to restrict or exclude “high-risk” 5G providers from important parts of their telecom networks, according to Reuters. The news means...