Business buying habits are shifting, and while B2B eCommerce may be about speed and convenience when professionals want to purchase office supplies, the procurement process isn’t necessarily about a quick buy. Even as a younger generation attains more buying power in the enterprise, B2B procurement...
It can be a moment of anxiety, worry and mistrust: that moment when a digital payment is sent into what was once called the ether. Will the funds end up in the right bank account? Will fraudsters hitch a ride? Those and other questions can...
Visa and Billtrust today (Nov. 5) announced the launch of the Billtrust Business Payments Network (BPN), an open buyer/supplier payments platform that Billtrust CEO Flint Lane said will do what other B2B payment platforms have struggled to do: put paper checks on the path to...
Chinese conglomerate Tencent is the latest to step into the blockchain trade finance space via its FinTech unit Tencent Financial Technology, according to reports in China Daily on Friday (Nov. 2). Get the Full Story Complete the form to unlock this article and enjoy unlimited...
TreasuryXpress has announced a partnership with Hedgebook, a global provider of Cloud financial risk and derivative management software, to enable underserved mid-market treasury organizations with complex cash and risk management requirements. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
The head of the U.K.’s Financial Reporting Council is reportedly stepping down from the position amid continued scrutiny that the FRC lacks effectiveness to prevent corporate accounting scandals and industry failures. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
NACHA released new statistics late last week on growth of ACH transaction volume in the U.S. According to the firm, B2B transactions were a key driver of ACH transaction growth in the third quarter of the year, leading NACHA Chief Operating Officer Jane Larimer to...
Late payment ripple effects continue in the wake of the Carillion bankruptcy, and an accounting trade group has weighed in with its own proposals about how to address the controversy. Elsewhere, Tesla had a bump up in its receivables, which it says it has cleared up.
China Merchants Bank (CMB) announced that it has become the first bank in the country to issue blockchain electronic invoices. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
