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Today In B2B: NeweggBusiness Adds Payment Terms; Deutsche Expands Cash Management Business

PYMNTS

Today In B2B payments, NeweggBusiness integrates business financing and payment terms via Behalf, while Deutsche Bank expands its cash management offering into Australia. Plus, GE shutters its staff audit program, and Park Place Payments partners up for small business B2B payments. 11) press release. 11) press release.

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CoCoNet Partners With Raifeissen On B2B Payment, Cash Management

PYMNTS

Raiffeisen , the third-largest Swiss banking group, has joined up with software provider CoCoNet to launch a payment and cash management service for companies, a statement says.

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HSBC Hong Kong Announces New API For Instant B2B Payments

PYMNTS

The new process also does away with manual paperwork and uses more efficient cash flow management to create a “seamless” process, according to the press release. Yvonne Yiu , head of global liquidity and cash management with HSBC, said the simplicity makes a difference for the customer.

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Small Biz Cash Management Struggles Across The Globe

PYMNTS

But B2B payment habits continue to stifle suppliers’ growth plans across the globe, found the latest Working Capital Outlook Survey released by C2FO this month. there is evidence that B2B payment practices are improving. In the U.S., Just 14 percent of U.S. But the U.S. experience is not universal: In the U.K.,

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Visa’s Phalen: Better Collaboration Will Push B2B Payments Into The Digital Age

PYMNTS

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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How ‘Smart Bank Transfers’ Can Help Streamline B2B Payments

PYMNTS

The seamless benefits of smart bank transfer can reduce cash management for cannabis firms, for example, contended Muller. The largest of enterprise cannabis businesses are still transacting in many cases in cash,” he told PYMNTS. Checks and cash aren’t going to work in this day and age.

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Google, Intuit Pair Up For SMB Cash Management

PYMNTS

Google and Intuit are pairing up to help Australian small businesses (SMBs) get a better grip on cash management. This means accountants can spend up to 50 percent more time managing SMBs’ books, resulting in higher costs for the small business customer, Intuit Australia noted. Reports Wednesday (Sept.