PYMNTS

JANUARY 20, 2021

Most of the examples we know of today are on the B2C side. That’s no surprise, given the pace of innovation in B2C versus B2B payments over the years. Virtually all cloud-based subscription services use some form of embedded finance. There is no separate payment motion involved to utilize the service.

B2C 70

B2C B2B Currencies Invoicing 70

PYMNTS

JANUARY 20, 2020

In the old days, however, those in the payments business would generally split the payment lifecycle into what many people would call the front end and the back end — or payments transaction processing and then clearing, settlement and reconciliation. reconciliation).

Reconciliations 58

Reconciliations B2C Risk Management B2B 58

PYMNTS

MAY 6, 2019

In a P2P situation, a Venmo user can send money to a friend’s account, while a B2C transaction might involve a restaurant pushing payments to disburse wages to waitstaff, placing the funds directly onto employees’ prepaid debit cards or into their bank accounts. B2C push payments can deliver quick funds to consumers.

B2C 44

B2C Reconciliations Invoicing Securities 44

PYMNTS

OCTOBER 2, 2019

As a result, he predicted that the entrenchment of faster payments will be a linear progression that moves from consumer-to-consumer (C2C) to consumer-to-business (C2B), then to business-to-consumer (B2C) to business-to-business (B2B). So, from the beginning, start with the individual consumer. The Low-Hanging Fruit.

B2C 81

B2C B2B Accounts Payable Invoicing 81

PYMNTS

JULY 16, 2020

Force-fitting a B2C-based eCommerce platform for a B2B sales context can mean a lack of payments features corporates need, like the ability to facilitate check transactions and establish custom payment terms. . Payments workflows are a particularly large hurdle in this space. ”

B2B 59

B2B eCommerce B2C Accounts Payable 59

PYMNTS

NOVEMBER 10, 2020

Interest in faster payments is also on the rise for corporates, though their adoption of real-time payments won’t look the same as it does in the B2C world. Real-time payments aren’t just an opportunity for consumers to send and receive money more quickly.

B2B 117

B2B Banking B2C Reconciliations 117

PYMNTS

FEBRUARY 1, 2021

“It is the quality of data that instant payment brings in that is getting them to look at completely rearchitecting their processes,” Sinha said, highlighting the opportunity for finance leaders to automate key functions like reconciliation and AR.

B2B 94

B2B Treasury Accounts Payable Cash Management 94

PYMNTS

DECEMBER 28, 2020

While the B2B payments landscape is taking a page out of the B2C world's book when it comes to adopting new payment models, other paradigms are emerging that are built to tackle the unique pain points of business-to-business transactions not always seen in the consumer world. New Payment Models Emerging.

B2B 81

B2B Invoicing B2C Reconciliations 81

PYMNTS

DECEMBER 31, 2019

Paper-based payment methods such as checks and cash are awkward and cumbersome in either business-to-business (B2B) or business-to-consumer (B2C) transactions. The negative impact that these increasingly outdated methods have on both senders and receivers has mostly been ignored, however.

Accounts Payable 61

Accounts Payable Invoicing B2B B2C 61

PYMNTS

OCTOBER 2, 2019

especially, bill payments are proving to be valued by consumers and B2C transactions, as the gig economy and insurance disbursements are a strong use case for Citi’s clients. That’s not to say instant is not making an impact — and there is a natural progression at work. In the U.S.,

Cash Management 63

Cash Management Reconciliations Treasury B2C 63

PYMNTS

MAY 23, 2016

It’s no secret that B2B, as an industry, has lagged behind B2C by leagues when it comes to going paperless. The emergence of cloud software, flexible technology architecture and payments rails that allow for real-time payments and reconciliation are all tailwinds toward greater wholesale eCommerce. contact-form-7].

B2B 40

B2B B2C Banking Reconciliations 40

PYMNTS

JUNE 29, 2018

In particular, a heavy volume of both B2C payments (consumers paying premiums to insurance companies, as well as insurance companies sending claim payouts to individuals) and B2B payments (insurance companies paying service providers) pave the way to a complex mix of payment rails. “We see really high adoption of virtual cards.”

B2C 40

B2C Healthcare B2B Reconciliations 40

PYMNTS

NOVEMBER 22, 2016

The company offers both B2C and B2B solutions but has recently fixed its eye on the corporate payments space. Those drivers may support the rise in consumer mobile payments, but economic factors in the Asia-Pacific region have also opened doors for B2B mobile payments to gain traction, too. Earlier this month, MC Payment said it raised $3.5

B2B 65

B2B B2C Vendor Management Reconciliations 65

PYMNTS

MAY 27, 2020

One strategic way of accomplishing this, explained Melnikovs, is to marry payment acceptance with eInvoicing, a function that he said often benefits the B2B commerce space even more than B2C. For the corporate buyer, this combination optimizes their own internal processes.

B2B 71

B2B B2C Reconciliations eCommerce 71

PYMNTS

DECEMBER 30, 2020

That's especially true, he told PYMNTS , when it comes to capturing data from purchase orders and invoices to accelerate document processing and reconciliation. For some B2C firms, that meant expanding into the B2B market. The year 2020 opened up significant opportunities for businesses of all types to flex their business models.

B2B 119

B2B Accounts Payable Invoicing B2C 119

PYMNTS

JULY 25, 2019

Such solutions can facilitate the transmission of crucial payment data, and several players in the space have recently looked to enable smoother reconciliation processes via such services. Some financial players in countries with fledgling real-time rails have sought to speed business trade via proprietary faster payment systems.

B2C 64

B2C Invoicing B2B Reconciliations 64

PYMNTS

MAY 12, 2017

The tune of B2B eCommerce over the last few years has been filled with references of providing business buyers with a B2C-like, Amazon-like experience. The trend sounds eerily familiar to those seen within B2C eCommerce too. We’re seeing consumerization out there,” the executive added.

B2B 42

B2B eCommerce B2C Reconciliations 42

PYMNTS

JULY 24, 2017

Doing so helps create visibility and allows customers to track payments, to understand if a payment fails in real-time and to perform reconciliations. One size rarely fits all, either in fashion or in finance, and Fiserv found that to be true in its early forays into B2C disbursement products.

B2C 40

B2C Reconciliations Banking Risk Management 40

PYMNTS

JUNE 18, 2019

to fully embrace real-time payments for both B2B and B2C activity,” Bottomline Technologies Vice President of Product Management and Strategic Solutions Jessica Cheney told PYMNTS in a recent interview , pointing to the previous rollout of Same-Day ACH and an acceleration of FinTech innovation in the country. .”

B2C 47

B2C Reconciliations Banking B2B 47

PYMNTS

AUGUST 15, 2018

.” Scott said this should be a top focus for service providers today, as FinTech firms and FIs have the power to liaison with vendors, automate onboarding and promote vendor acceptance of ePayment rails, while supporting the reconciliation and data management needs of both sides.

B2B 40

B2B Accounts Payable B2C Reconciliations 40

PYMNTS

SEPTEMBER 4, 2018

As instant payment schemes continue to roll out across the world, this not only impacts B2C companies, but also has a knock-on effect on the full value chain of globally connected corporates,” said Deutsche Bank Head of Cash Products, Global Transaction Banking Shahrokh Moinian in a statement announcing the report.

Treasury 44

Treasury Foreign Exchange B2B Accounts Payable 44

PYMNTS

SEPTEMBER 12, 2019

Throw omnichannel B2B offerings into the mix – online and brick-and-mortar – and things get even more complicated when it comes to invoicing, reconciliation and even knowing where and when funds will hit accounts amid day-to-day commerce. trillion is the net amount U.S. firms are owed in accounts receivable on any given day.

B2B 45

B2B Accounts Payable Invoicing B2C 45

PYMNTS

MAY 25, 2018

Rising demand for seamless, interconnected B2B processes — including customer history, contract negotiations, pricing, payment terms, payments, credit and reconciliation — pressed MSTS to develop its Credit-as-a-Service (CaaS) solution. “Think about how easy and frictionless that is, and then contrast that to the B2B world.”

B2B 40

B2B eCommerce Accounts Payable B2C 40

PYMNTS

AUGUST 10, 2016

“Anything to do with any sort of financial information is definitely going to be disrupted,” the executive added, whether it be B2B, B2C or C2C. That, he said, is a process particularly applicable to the possibilities of the blockchain.

SAP 49

SAP B2B B2C Reconciliations 49

PYMNTS

JANUARY 31, 2018

B2B payments has a reputation for being slower than B2C transactions to innovate, but that’s not without reason. Corporate payments are often high-value (and thus, higher stakes) and come with greater requirements in terms of the transmission of data along with the movement of funds from one entity to another.

B2B 43

B2B Education Forecasting B2C 43

PYMNTS

AUGUST 7, 2018

Paid invoices are automatically marked in the Xero platform for easier reconciliation, the companies explained. That partnership similarly sees GoCardless integrating its direct debit capabilities into the Invoiced platform to facilitate debit transfers for both B2C and B2C invoices issued via Invoiced. reports noted.

B2C 40

B2C Invoicing B2B Reconciliations 40

PYMNTS

JUNE 9, 2017

Though that’s critical for a number of reasons – cash management and predictability, accounting and reconciliation, and reducing data-entry errors – combatting fraud may stand to gain the most from more sophisticated accounting data management practices.

Accounting 43

Accounting Technology Accounts Payable Invoicing 43