Vendor Payments news and trends

HSBC Launches Document-Free Trade Finance Tool TradePay
Accounts Receivable // September 19, 2023

Banking giant HSBC debuted a trade finance offer to help clients pay suppliers. The tool, dubbed TradePay, is an industry-first, document-free trade finance solution that lets clients instantly draw down trade loans, according to a Tuesday (Sept. 19) news release provided to PYMNTS. In doing...

Push to Debit Brings ‘Emotional Relief’ of Faster Payments to Property Management Sector
Faster Payments // September 05, 2023

Property management always has a flurry of activity in the background. Landlords employ and contract with a variety of vendors and suppliers to keep things running smoothly, the grounds maintained, the sinks and toilets unclogged. Tenant turnover — where one renter leaves and another moves...

Melio Debuts Tool to Help Small Businesses ‘Pay Over Time’
SMBs // August 01, 2023

B2B payments platform Melio has debuted a tool to help small businesses access capital. The company’s Pay Over Time product lets small- to medium-sized businesses (SMBs) pay vendors and business bills in monthly installments, while their suppliers are still paid on time and in full, according to a Tuesday...

Zip Adds Virtual Cards to Intake-to-Procure Platform
B2B Payments // June 29, 2023

Zip has added virtual cards to its intake-to-procure platform. The new Zip Vendor Cards enable businesses to speed up their vendor payments and strengthen their control and visibility into spend, the company said in a Thursday (June 29) press release. “Zip Vendor Cards, in combination...

Interviews & Exclusives
Push to Debit Brings ‘Emotional Relief’ of Faster Payments to Property Management Sector

September 05, 2023
Property management always has a flurry of activity in the background. Landlords employ and contract with a variety of vendors and suppliers to keep things running smoothly, the grounds maintained, the sinks and toilets unclogged. Tenant turnover — where one renter leaves and another moves in — demands that rooms be repainted, scuff marks erased […]

Transportation Companies’ New Year Wish Is for Accounts Payable Automation

December 27, 2022
A sweeping accounts payable revolution is set to take place over the next three years. That’s according to research in this month’s PYMNTS report, “AP Automation: Transportation Companies Innovate to...

JPMorgan Sees ‘Cash Flow Magic’ Inside Automated Payments

May 13, 2022
Business packed a decade of learning into two years, and for chief financial officers and treasurers, that knowledge can be distilled thusly: Automated payments are better, whether it’s business-to-consumer (B2C)...

How All-in-One Platforms Can Lower the Cost of SMB Payments

April 13, 2022
Through the past several decades, conceptually, B2B payments have been rather simple: Buyers received paper invoices, and suppliers got paper checks. Buyers want to hold on to cash as long...

Quick Reads
Melio Adds Real-Time Payments to B2B Platform

December 13, 2023
B2B payments platform Melio added real-time payments to its suite of offerings. The new service lets payors deliver funds instantly to vendors, according to a Wednesday (Dec. 13) press release emailed to PYMNTS. It also lets businesses hold onto funds for as long as possible, and not have to pay days in advance of an […]

HSBC Launches Document-Free Trade Finance Tool TradePay

September 19, 2023
Banking giant HSBC debuted a trade finance offer to help clients pay suppliers. The tool, dubbed TradePay, is an industry-first, document-free trade finance solution that lets clients instantly draw down...

Melio Debuts Tool to Help Small Businesses ‘Pay Over Time’

August 01, 2023
B2B payments platform Melio has debuted a tool to help small businesses access capital. The company’s Pay Over Time product lets small- to medium-sized businesses (SMBs) pay vendors and business bills in monthly installments,...

Zip Adds Virtual Cards to Intake-to-Procure Platform

June 29, 2023
Zip has added virtual cards to its intake-to-procure platform. The new Zip Vendor Cards enable businesses to speed up their vendor payments and strengthen their control and visibility into spend,...