PYMNTS

OCTOBER 5, 2020

Kevin Phalen , head of global business solutions at Visa , told Karen Webster that the consumerization and the digitization of the B2B space are enabling firms to get the job — moving money — done with efficiencies previously unknown. B2B is poised to make the same leap. But the solutions they deploy, maintained Phalen, must be fast.

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PYMNTS

SEPTEMBER 29, 2020

Separately, research finds B2B payments as the key driver behind surging instant payments volume in the years ahead. In addition to the expanded Accelerate program, Mastercard is also embracing blockchain for B2B use cases. B2B Payments To Drive Instant Payments Adoption. European Union Next To Ease Crypto Adoption.

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B2B Accounts Payable B2C Currencies 129

CFO Dive

JANUARY 19, 2023

Although many companies are pulling back spending amid the murkier economic climate, new CEO Sunil Rajasekar said the B2B payments firm is not.

B2B 130

B2B Economics 130

CFO Dive

JUNE 23, 2023

“B2B organizations have been slow to adapt to the changing demands and expectations of Gen Z,” writes a payments company vice president. “This is a huge mistake, and it can cost them dearly in the long run.”

B2B 130

B2B 130

PYMNTS

NOVEMBER 17, 2020

When it comes to global B2B procurement, nothing is simple. The Track BPS is an evolution from the strategy of owning the underlying rails upon which money moves, according to James Anderson , executive vice president of Global Commercial and B2B Solutions. Driving B2B Payments' Evolution. said Anderson. A World Of Opportunity.

B2B 128

B2B Accounts Payable Accounting Technology 128

CFO Dive

SEPTEMBER 22, 2022

Visa is eyeing certain portions of the B2B market for near-term growth, the company’s chief financial officer said during a conference last week. It’s also building out its network for remittances.

B2B 130

B2B CFO Marketing 130

PYMNTS

AUGUST 3, 2020

When it comes to B2B payments fraud, it’s not a matter of if it happens, but when. While eliminating paper is a much-needed first step to combatting B2B payments fraud, electronic payments aren’t immune to the risk, either. “Everybody needs to be suspicious,” he said.

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B2B Invoicing Accounts Payable Accounting 131

PYMNTS

NOVEMBER 4, 2020

India's Tradologie is looking to make the country a "self-reliant and self-sustaining powerhouse" through a B2B platform that facilitates uninterrupted trade for both local and foreign parties. Working with the enterprise, he said, can help with the addition of layers to soothe friction in the B2B onboarding process.

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PYMNTS

DECEMBER 9, 2020

The takeover signaled an evolution of the company's business model from a traditionally business-to-consumer (B2C) seller, to one that includes business-to-business (B2B) operations. It was also indicative of a growing trend of B2C merchants expanding into the B2B realm in an effort to take advantage of a surging market.

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B2C B2B Accounts Payable Invoicing 118

PYMNTS

DECEMBER 30, 2020

The B2B payments ecosystem experienced a sudden and dramatic acceleration of change upon the onset of the global pandemic, and its impacts reach far beyond the mere digitization of the B2B transaction. The Coexistence Of Rails. Often, that means the cooperation of multiple rails at once.

B2B 119

B2B Accounts Payable Invoicing B2C 119

PYMNTS

NOVEMBER 12, 2020

Salesforce has rolled out its new Revenue Cloud product, which will work to simplify B2B purchasing for customers, according to a press release.

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B2B B2C Reconciliations Sales 126

PYMNTS

DECEMBER 29, 2020

Although it occurred under dire circumstances, 2020 was the year that many organizations finally ditched the paper check in B2B payments — or, at the very least, helped to move the needle toward electronic payments. B2B payments are messier than B2C payments," said Chanda. Empowering Finance Professionals.

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B2B Reconciliations Accounts Payable Invoicing 114

PYMNTS

NOVEMBER 25, 2020

In B2B payments, the path to making transactions as seamless and invisible as possible is often about closing the gap that separates buyer and supplier. While a growing population of B2B FinTech solutions has helped to connect B2B buyers and sellers, more platforms can create more friction on either end of the equation.

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B2B Invoicing Reconciliations Accounting 116

PYMNTS

DECEMBER 9, 2020

The conversation came against a backdrop where, at a high level, B2B payments account for $120 trillion globally on an annual basis. The conversation came against a backdrop where, at a high level, B2B payments account for $120 trillion globally on an annual basis. B2B Use Cases Are Mushrooming. What 2021 Will Bring.

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B2B Reconciliations Accounting Invoicing 134

PYMNTS

NOVEMBER 23, 2020

23) that they have entered a strategic partnership to launch Visa Commercial Pay, billed as a suite of B2B payment solutions for enterprises making the shift to digital transactions, and, specifically, virtual cards — and away from paper-based manual processes. She said 89 percent of B2B buyers are making more online purchases than last year.

B2B 115

B2B Reconciliations Finance eCommerce 115

PYMNTS

JULY 3, 2020

There are a multitude of benefits that open banking brings to B2B payments. The following Deep Dive explores open banking initiatives around the world, how APIs can harness open banking to facilitate B2B payments and how APIs can reduce the prevalence of outdated and insecure data-sharing methods. Both the U.K.

B2B 111

B2B Banking Invoicing Reconciliations 111

PYMNTS

JANUARY 19, 2021

With B2B eCommerce proliferating, the market is rapidly evolving to make way for new business and payment models in response to customer demand. We're in the golden age of B2B eCommerce," he told PYMNTS in a recent interview. Along with the adoption of B2B eCommerce came the proliferation of different kinds of buying models. "A

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B2B Marketing eCommerce B2C 110

PYMNTS

NOVEMBER 17, 2020

Compared to their direct-to-consumer (D2C) counterparts, the heavy-lifting, hardworking B2B businesses of the world have always been chided for being a few clicks behind when it comes to embracing and investing in payments technology. B2B historically has been pretty behind, especially around payments,” Prados said. Social Commerce.

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B2B Invoicing eCommerce Securities 108

PYMNTS

DECEMBER 24, 2020

For years — decades, even — B2B payment leaders and innovators had been talking about the digitization of corporate payments within accounts receivable (AR) and accounts payable (AP) departments. The coronavirus crisis has accelerated B2B payments digitization to new heights. More Work To Be Done.

B2B 113

B2B Accounts Payable CFO Reconciliations 113

PYMNTS

SEPTEMBER 14, 2020

"The Amazon experience" is now a worn-out catchphrase in the world of B2B eCommerce. But B2B eCommerce is not the same beast as B2C. The core difference between B2B and B2C is that in B2B, the individual researching and buying has a job to do,” King said. It's also accelerated the digitization of B2B sales.

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B2B B2C Manufacturing eCommerce 107

PYMNTS

NOVEMBER 19, 2020

While optimizing B2B payments is often about combating friction at the moment of transaction, the truth is, the B2B payment experience often happens way before any money is ever actually moved. There are many ways that onboarding a new B2B customer can be a headache for suppliers that sell goods and services online.

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B2B eCommerce B2C Prioritization 105

PYMNTS

AUGUST 11, 2020

From a lack of supplier acceptance of electronic payments to outdated infrastructure within accounts payable (AP) departments, the B2B payments ecosystem still has much room for improvement on multiple fronts. Moving the needle in the journey away from paper checks isn’t a one-sided battle, either. An Ecosystem Approach.

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B2B Accounts Payable Reconciliations Healthcare 110

PYMNTS

NOVEMBER 3, 2020

Changing course isn’t an easy thing for businesses to do, particularly when it's a big change like shifting focus from providing services direct to consumer (D2C) to taking on a B2B model. As Netspend continues to build out its B2B business, the company is seeing similar partnership opportunities springing up across multiple verticals.

B2B 112

B2B Vendor Management Healthcare Education 112

CFO Dive

MAY 19, 2023

The B2B market is facing a new generation of decision makers who are accustomed to speedy digital customer experiences, Bob Purcell writes.

B2B 264

B2B Marketing 264

PYMNTS

NOVEMBER 2, 2020

To remove the frictions inherent in B2B transactions, there will be no one rail to rule them all to connect corporates as they transact. The conversation marked the capstone of a month-long series of panels and individual interviews with a range of companies as part of PYMNTS’ deep dive into the state — and future — of B2B.

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B2B Currencies Healthcare Cash Management 119

PYMNTS

JULY 2, 2020

businesses in the form of B2B payments each year, yet the payments industry faces a host of complications despite this impressive sum. Enter open banking, a phenomenon sweeping the financial space that enables free and seamless data sharing between banks and developers via APIs, allowing B2B payments to be processed faster than ever before.

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B2B Banking Securities Invoicing 109

PYMNTS

JANUARY 7, 2021

There are a lot of moving parts in B2B payments that are keeping corporate finance executives busy as they work to modernize and optimize their operations. In 2020, many of the biggest pain points in B2B payments were revealed, particularly when transactions move across border. But it's an end-to-end workflow.".

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B2B Accounts Payable Treasury Corporate Finance 97

PYMNTS

NOVEMBER 27, 2020

As B2B eCommerce accelerates its technological innovation, and as adoption grows, it continues to look toward the world of B2C to implement optimized end-user experiences – for both the buyer and the seller. Extending trade credit directly at the point of sale is a major opportunity for B2B sellers to similarly drive up sales.

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B2B eCommerce B2C Finance 104

PYMNTS

NOVEMBER 18, 2020

New Jersey-based invoice-to-cash platform Billtrust has upgraded the machine learning (ML) capabilities of its business-to-business (B2B) cash application software, the company announced Wednesday (Nov. The goal is to quickly convert payments to cash.

B2B 102

B2B Accounts Payable Invoicing CFO 102

PYMNTS

DECEMBER 21, 2020

JCB , a Japanese card provider, is developing a blockchain B2B payment offering specifically for netting trades between two parties. Even though Japan’s B2B payments space accounts for $10 trillion in yearly volume, cash transactions are still in the lead as is the case in a number of markets.

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B2B Banking Numbers Investments 98

PYMNTS

NOVEMBER 10, 2020

As Scaffidi recently told Karen Webster, uncovering the B2B value of real-time payments is about understanding the broader culture shift that instant payments technology has introduced to the financial services landscape. Uncovering The B2B Use Cases. If you think about a market like the U.K.,

B2B 117

B2B Banking B2C Reconciliations 117

PYMNTS

DECEMBER 15, 2020

Frictions like these are pushing more businesses to rethink their legacy approaches to business-to-business (B2B) payments and adopting various digital options for sending money. Buyers, too, are eager for change and need to adopt accounts payable (AP) methods that are easily managed by employees working from home. About The Report.

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Healthcare B2B Invoicing Accounts Payable 107

PYMNTS

DECEMBER 15, 2020

15) said it has wrapped up its previously announced deal to buy eNett, which is a B2B payment solution provider, and Optal, a firm that focuses on optimizing B2B transactions. said on Tuesday (Dec. WEX paid an overall roughly $577.5 million in consideration from cash on hand, according to an announcement.

B2B 101

B2B Healthcare Leadership 101

PYMNTS

JUNE 26, 2020

Small business lending emerged as a common theme in this week’s B2B venture capital roundup, and it’s no surprise, considering the role small and medium-sized businesses (SMBs) play in supporting their local economies. The firm notched $78.7

B2B 115

B2B Startups Finance Accounts Payable 115

PYMNTS

OCTOBER 1, 2020

Large B2B wholesalers, distributors, cultivators delivery platforms are all transacting in large amounts of cash.”. That’s really where we see ourselves in B2B.”. The seamless benefits of smart bank transfer can reduce cash management for cannabis firms, for example, contended Muller.

B2B 108

B2B Banking Nonprofit Cash Management 108

PYMNTS

NOVEMBER 27, 2020

Businesses are generally more familiar with the ins and outs of their B2B transaction processes and can therefore comprehend and anticipate some of the stumbling blocks that keep their payments in limbo for weeks at a time. percent during Q3 2020.

B2B 106

B2B Leverage Accounting Banking 106

PYMNTS

OCTOBER 9, 2020

Reichel said that since so much B2B interaction is now online, that’s opened the door for criminals to intercept emails and then impersonate legitimate executives and vendors. What B2B Firms Can Do. They then dupe back offices with requests to transfer funds to a new account.

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B2B Healthcare Securities Technology 116