Remove B2C Remove Invoicing Remove Securities
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Why It’s So Hard To Kill The Check In The Booze Business

PYMNTS

The new coronavirus swiftly impacted small- and mid-sized businesses (SMBs) rather harshly, with these entities now struggling to manage remote workers who need to send out paper invoices to suppliers and other business partners attached to checks. Co mpanies like digital invoicing firm Invoiced are responding to SMBs’ COVID-19 struggles.

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Anticipating B2B Payments Evolution With B2C Payments Trends

PYMNTS

According to Viewpost CEO Max Eliscu, B2B payments often follows in the same footsteps as B2C. Paper invoicing and checks are well on their way out in the consumer setting, and more businesses across the spectrum are beginning to follow suit with transactions among their trading partners.

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B2B Payments Speed Up

PYMNTS

In the March 2020 Innovating B2B Retail Payments Playbook: Optimizing Payment Solutions For Business Customers edition, a PYMNTS and MSTS collaboration, we’re reminded that typical B2B invoices take over 14 days to process, and the more people involved the longer it takes. In fact, B2C has been out in front on this one much more.

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Today In B2B: ERPs Broaden B2B Payments Capabilities; Bloomberg Broadens Credit Risk Data Pool

PYMNTS

Today in B2B, Bloomberg broadens its credit risk data pool, and two ERP solutions secure B2B payments integrations. Everlink, FINTAINIUM Team Up To Offer Real-Time B2B, B2C Payments. With APS ClickToPay, companies can have customer invoices paid directly to accounts receivable. Bloomberg To Incorporate Credit Risk Data.

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Investors Cozy Up To Invoice Financing

PYMNTS

According to new data from PitchBook and reports from Reuters on Thursday (April 14), B2B startups are receiving venture capital at impressive rates, with growth in VC investments surpassing that of B2C startups. Invoice financing has achieved new popularity among SMEs as their large corporate buyers stretch out payment terms.

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Leveraging Open Banking To Build The New Trust Ecosystem

PYMNTS

Being able to track the flow of funds and correctly auto-post those funds to an invoice-level based accounts receivable (AR) system, said Diegelman, can be difficult. Obviously, they said, customers as a whole don’t want their data falling into the wrong hands or being used in ways that they didn’t agree to. That is a powerful offering.

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Seller Platforms And Digital Marketplaces Define B2B Payments For 2021

PYMNTS

And, looking into 2021, the virtual card is positioned to tackle some of the biggest points of friction in B2B payments, including solving working capital needs for both buyers and suppliers, and mitigating fraud and other security risks. For some B2C firms, that meant expanding into the B2B market.

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