PYMNTS

NOVEMBER 3, 2020

Everlink, FINTAINIUM Team Up To Offer Real-Time B2B, B2C Payments. Everlink Payment Services is teaming with workflow solutions provider FINTAINIUM to offer B2B and B2C payments in real time, leveraging the ISO 20022 global standard, according to a press release. They can also assess ongoing credit quality. 2) announcement.

Credit Risk 88

Credit Risk B2B Accounts Payable B2C 88

PYMNTS

SEPTEMBER 18, 2020

The company noted that the solution can be applied across a broad range of payments use-cases, including B2B and business-to-consumer (B2C) transactions. VSoft wields its existing banking relationships to use traditional rails to move funds, yet without a middleman from one bank to another.

B2C 116

B2C B2B Compliance Banking 116

PYMNTS

MAY 12, 2020

Finacle TradeConnect is available for use with bill collection, letters of credit, open account for trade, C2C transactions for trade, B2C transactions for trade, purchase order financing and invoice financing, the press release notes.

B2C 85

B2C Invoicing Compliance Finance 85

PYMNTS

JUNE 15, 2018

With the B2B eCommerce market towering over B2C’s in terms of transaction value — Forrester Research estimates the U.S. With payments accelerating and globalizing, the B2B eCommerce industry is taking a page out of B2C’s book. market will grow from $889 billion by the end of 2017 to $1.2 trillion valuation in the U.S.

B2C 40

B2C B2B eCommerce Reconciliations 40

PYMNTS

JANUARY 18, 2019

Unlike B2C eCommerce, B2B transactions require heightened visibility within supply chains — the ability to move large sums of money at set times, generation and management of invoices, purchase orders, payment contracts and more. Betting On Blockchain. For Inxeption, one of the most promising innovations to achieve this leap is blockchain.

B2B 78

B2B eCommerce B2C Communication 78

PYMNTS

JULY 10, 2020

And while payments tools indeed must be wary of the complex and ever-changing compliance requirements unique to the cannabis market, there is opportunity, he said, for the marijuana sector to eventually become a powerful influencer over other industries’ adoption of solutions like optimized B2B payment tools.

B2B 84

B2B Compliance B2C Banking 84

PYMNTS

JULY 24, 2018

Dealing with things like settlement, pre-funding and compliance on top of solving for a host of standardization issues – at scale, takes scale.”. But beyond that, she added, the new capacities can support a wide range of payment types that now need to happen cross-border, particularly in the B2C arena.

B2C 89

B2C Banking Securities Accounting 89

PYMNTS

DECEMBER 7, 2020

“This level of payments efficiency has long been available to B2C eCommerce merchants but due to the more complicated nature of business payments, development and adoption in the B2B arena has lagged. With Payment Links Adflex has redressed the balance.”.

B2C 65

B2C Reconciliations B2B Invoicing 65

PYMNTS

JANUARY 14, 2021

For diamond buyers, it is imperative that suppliers can prove the quality of an item and verify that it has been obtained in compliance with international laws and standards related to everything from quality controls to human rights protections. For example, this industry is particularly susceptible to fraud and other supply chain risks.

B2B 81

B2B eCommerce B2C Problem Solving 81

PYMNTS

AUGUST 19, 2020

For instance, they can help with compliance, selecting a bank or payment-service provider, enabling account opens, managing settlement and looking at and mediating FX exposure. But Sinha said the treasurer’s role in designing such processes is rapidly evolving. . The Growing Importance Of B2B Subscriptions .

B2C 80

B2C B2B Retail Treasury 80

PYMNTS

JUNE 13, 2019

It seems an especially low number when considering this stat: Only 3 percent of companies meet customer demands for instant business-to-consumer (B2C) payments. He noted, too, that “if I am in a company that is processing checks, it is unlikely that I also have a faster payment regulatory compliance attorney. The Larger Picture.

B2C 66

B2C Cash Flow Forecasting B2B Accounts Payable 66

PYMNTS

JANUARY 8, 2020

Yet, as Tony Horling, founder and CEO of InTu Mobility , recently told PYMNTS, mPOS technologies designed for business-to-consumer (B2C) payments won’t cut it for multibillion-dollar enterprises that need to accept B2B payments in the field. Benefits For Payers.

B2B 56

B2B B2C Technology Accounting 56

Bramasol

MARCH 31, 2023

Although subscription-based offerings initially focused on B2C models tailored to serve consumers, as DSE has moved beyond just subscriptions, many B2B markets also have discovered the value of bundling various offerings into recurring revenue streams. Some of the other real-world benefits of BRIM-enabled DSE offerings are shown below.

SAP 78

SAP Compliance Invoicing B2C 78

Bramasol

AUGUST 11, 2023

Legal and Regulatory Compliance: There are numerous data protection laws and regulations that companies must adhere to, such as the General Data Protection Regulation (GDPR) in Europe and the California Consumer Privacy Act (CCPA) in the United States. Non-compliance can result in hefty fines and legal penalties.

Securities 73

Securities SAP Compliance B2C 73

PYMNTS

APRIL 10, 2020

Institutions such as The Clearing House (TCH) and the Federal Reserve have also created payment networks that have made faster, digital payments a reality for business-to-business (B2B) and business-to-consumer (B2C) payment processes alike. Many insurance disbursement flows are still reliant on paper checks, however, according to Schmitt.

Technology 79

Technology B2C B2B Compliance 79

Bramasol

MARCH 4, 2022

In recent years, XaaS has proliferated into an ever-widening range of B2B and B2C business models across the Digital Solutions Economy. As shown below, these include Customer Engagement, Order Creation & Management, Delivery & Fulfillment, Billing & Invoicing, Payments & Collections, and Revenue Compliance.

SAP 88

SAP B2C Manufacturing Treasury 88

PYMNTS

FEBRUARY 10, 2020

. “The real-time integration of SnapPay with the SAP solution is enhancing our process efficiency, reducing our overall cost of doing business and simplifying payment card industry compliance,” said Daoud Ali, IT executive director of Brewster.

SAP 67

SAP B2B Accounts Payable B2C 67

PYMNTS

APRIL 30, 2020

As the narrative goes, legal cannabis companies, often small- to medium-sized businesses (SMBs), are forced to rely on cash for both B2B and B2C payments.

Banking 78

Banking B2B B2C Compliance 78

PYMNTS

APRIL 26, 2019

The idea started in the B2C world, but it wasn’t long before online sellers were asking about the use of point-of-sale financing for B2B — at least according to Chris Tsai, co-founder and CEO of Resolve, an Affirm spin-off, in an in-depth PYMNTS interview earlier this week. How to Shake up B2B Financing at the Point of Sale.

B2B 70

B2B Compliance B2C Currencies 70

Bramasol

SEPTEMBER 10, 2023

Evolution of AI in Subscription-Based DSE Systems Before the widespread adoption of generative AI, both B2C and B2B markets have been utilizing various AI and machine learning applications to enhance their subscription-based services and products. Netflix, Spotify) to suggest content based on user preferences and viewing/listening habits.

SAP 82

SAP B2C B2B Microsoft Office 82

PYMNTS

OCTOBER 10, 2016

That’s due to the capabilities of risk management, fraud detection and prevention and compliance within data analytics solutions. The statistics came from HM Revenue & Customs, which reported that, for a significant portion of SMEs in the nation, cash is still king — for both B2B and B2C payments.

Investments 74

Investments B2C B2B Banking 74

Bramasol

JANUARY 14, 2022

DSE is already transforming many B2C markets and is rapidly making inroads into B2B scenarios as well. The best approach to optimize BRIM integration for flexibility, compliance and disclosure reporting is to use SAP Revenue Accounting and Reporting (RAR)! Watch the video below to get see how BRIM and RAR work seamlessly together.

SAP 52

SAP B2C Treasury B2B 52

PYMNTS

DECEMBER 1, 2020

Now the question is: How do the financial institutions and the banks provide the same quality of service, which is provided today in B2C, to their B2B customers?” Platform models enable white-label services, he noted, which can also take care of compliance and regulatory hurdles and smooth banks’ transitions to ISO 20022.

Banking 71

Banking B2B B2C Compliance 71

PYMNTS

MARCH 7, 2018

“Globally, many financial institutions face significant financial pressures and challenges, particularly related to regulatory reporting and compliance. B2B finance and payments have a reputation for being slow to innovate and adopt technologies that have long been established in the business-to-consumer (B2C) world.

B2B 52

B2B B2C Finance Management Consulting 52

PYMNTS

MAY 14, 2018

billion in B2C sales last year, includes a complex ecosystem of cultivators, logistics providers, lawyers, accountants, contractors and more — meaning an entire supply chain of B2B service providers is impacted when a legal marijuana company cannot get banked. The legal marijuana industry in North America, which handled an estimated $9.7

Banking 52

Banking Compliance B2C B2B 52

PYMNTS

MAY 15, 2019

As he told Webster, “when you combine Earthport and Visa, we now stand in front of virtually 100 percent of the globe in terms of a reach equation,” with what he termed “bank-grade-type compliance and risk management in the operating structure provided by Visa’s network.”. Single Point Of Connection. That’s B2B Connect,” he said.

Treasury 74

Treasury B2C Financial Systems Banking 74

PYMNTS

APRIL 22, 2019

Schoch said the payment associations’ members are being encouraged to focus on that pre-payment initiation process to ensure that those initiating payments are actually authorized to do so, and that adequate compliance and customer checks occur to proactively address the risk of fraud and non-compliance.

B2B 63

B2B Compliance B2C Investments 63

PYMNTS

MARCH 19, 2019

That’s especially true for corporate and B2C transactions, he said. Ferrabee noted that ISO 20022 helps satisfy compliance mandates tied to anti-money laundering (AML) and know your customer (KYC), and carries the same data as seen on checks (account info, banks and dates) that has been a mainstay of B2B.

B2C 86

B2C Budgeting B2B Compliance 86

Bramasol

NOVEMBER 27, 2021

DSE is already transforming many B2C markets and is also rapidly making inroads into B2B scenarios as well. The ability to "drill-down and drill-through" these deeper data elements is critical not only to understanding customer behavior but also for accounting compliance requirements.

SAP 57

SAP B2C Compliance Data Analysis 57

PYMNTS

MARCH 1, 2019

Replicating that flexible capability, at scale, is easier said than done, as regulation and compliance mandates may be tough to navigate. Ersek said Western Union sees opportunity in the global P2P and B2C arenas, as use cases emerge that can leverage the Western Union platform to accelerate access to funds.

Sales 56

Sales B2C Currencies Leverage 56

PYMNTS

NOVEMBER 3, 2017

California’s AppZen deploys AI and machine learning to automate back-office functions, with a focus on expense report auditing, fraud detection and employee spend compliance. India’s Bigbasket targets business-to-consumer (B2C) grocery eCommerce. said it will use the money to enhance its engineering teams. B2B eCommerce.

B2B 75

B2B Manufacturing B2C Startups 75

PYMNTS

MAY 5, 2016

Meanwhile, in a B2C transaction, “the consumer can simply pull up their credit card to pay for goods and services.”. If there is a geographic base that’s doing its part to get B2B payments up to speed with B2C, it’s the U.S., It’s exactly the same problem,” observes Galarza, “in the U.S., Australia … the U.K.,

B2C 43

B2C B2B Accounts Payable Invoicing 43

PYMNTS

APRIL 19, 2016

In a press release , linked2pay noted that this payments gateway is geared toward both B2B and B2C merchants and can be used across ACH and credit card transactions. Chargent has been live since 2009.

B2C 41

B2C B2B Compliance Leverage 41

PYMNTS

OCTOBER 6, 2020

J&J’s Nawaz stated that the new digital reality has forced companies (including his own) to focus on being responsive and agile to make supply chains resilient even while ticking off the mandatory compliance and governance aspects tied to supply chain management.

B2B 84

B2B Treasury Communication Accounts Payable 84

PYMNTS

JUNE 26, 2017

With global cross-border B2C sales estimated to be valued at roughly $424 billion by 2021 , some merchants are realizing the potential at stake and are stepping up their efforts to improve their global payments capabilities. A Compass for Merchants Navigating the PaaS Space.

B2C 60

B2C Manufacturing Compliance Securities 60

PYMNTS

DECEMBER 6, 2017

Trust and safety is a … bigger issue in the B2B space than the B2C space.”. They are also investing more in compliance and regulatory activities, which has been a barrier to growth in certain areas of B2B,” he stated, adding that in the U.K.,

B2B 73

B2B B2C Startups Banking 73

PYMNTS

MAY 23, 2017

The group said the analysis looks at the opportunities that distributed ledger technology holds for payment service providers in terms of lowering operating costs, modernizing the international payments value chain and maintaining compliance with key regulatory requirements in markets around the world.

Currencies 40

Currencies Banking B2C Compliance 40