PYMNTS

NOVEMBER 10, 2020

challenger bank Tide runs dry of SMB loan funds, while Payer launches an ID verification service for B2B eCommerce platforms. The new product will let eCommerce merchants verify new customers as trustworthy to ease some of the difficulties of making new transactions, the release stated. Today In B2B, U.K.

B2B 75

B2B Banking Reconciliations Planning 75

PYMNTS

OCTOBER 23, 2018

Further, small businesses can obtain heightened visibility into transaction data for reconciliation, accounting and spend management purposes. Amazon Business is also offering Prime users access to extended Pay By Invoice terms, with the ability to extend payment terms to 45 or 60 days when paying an Amazon Business invoice.

Invoicing 76

Invoicing Reconciliations Accounting eCommerce 76

PYMNTS

DECEMBER 28, 2020

As B2B eCommerce gains traction, the opportunity for consumer-like payment models will continue to grow, too. Yet the current trade credit landscape comes with significant challenges, especially for the supplier, with Floate pointing to the requirement for vendors to take on the financial risk until after an invoice is actually paid.

B2B 81

B2B Invoicing B2C Reconciliations 81

PYMNTS

MAY 25, 2018

He continued, “When it comes to payment, almost every B2B customer expects to get an invoice that implies some type of credit terms. Announced earlier this month, the tool is first targeting the manufacturing, transportation, retail and eCommerce sectors – and, more broadly, B2B eCommerce.

B2B 40

B2B eCommerce Accounts Payable B2C 40

PYMNTS

JUNE 10, 2020

The new partnership will combine “global open banking initiatives, Samsung SDS’ Nexledger Universal platform and Credorax’s industry expertise” in order to provide automatic payment reconciliation, remittances and invoices for B2B payments. The effect will be to eliminate the need for manual tasks for those functions.

Banking 53

Banking Reconciliations B2B Invoicing 53

PYMNTS

OCTOBER 1, 2020

As reported earlier in this space, dealmaking to date in 2020 has included eCommerce-as-a-Service firm Mirakl securing a $300 million investment, and payments firm Zoop securing a $10.85 The benefits of automating this process include reduced overhead, a streamlined payment reconciliation process and a shortened payment cycle for the payee.

B2B 56

B2B Invoicing Practice Management Reconciliations 56

PYMNTS

DECEMBER 30, 2020

Against that backdrop, he said, virtual cards are of value because they give buyers the associated benefits of paying by card, such as extending days payable outstanding, enhanced automated data reconciliation, and any commercial card rebate they get from their issuer.

B2B 105

B2B Reconciliations Sales Invoicing 105

PYMNTS

DECEMBER 2, 2020

The pandemic has triggered a massive surge in eCommerce businesses looking to expand internationally. eCommerce firms with global ambitions often choose to enlist third-party help to facilitate the cross-border payments that can fuel their growth. Small Businesses Venture Into The Global eCommerce Space.

B2B 69

B2B eCommerce Reconciliations Invoicing 69

PYMNTS

JULY 25, 2017

In a press release Recurly said the integration, which automatically synchronizes billing and invoice data from Recurly with Xero, streamlines financial operations and provides customers with a more complete view of recurring revenue and transactions.

Reconciliations 40

Reconciliations Profit and Loss Invoicing eCommerce 40

PYMNTS

MAY 27, 2020

percent of SMBs expect to rely “much more” on eCommerce after the pandemic, noting that “organizations must go digital and explore various revenue approaches to outlast the pandemic.” PYMNTS’ latest COVID-19 Business Recovery Report , a collaboration with American Express, found that 31.6

B2B 71

B2B B2C Reconciliations eCommerce 71

PYMNTS

AUGUST 13, 2020

Clients can quickly sign up for CarrierHQ online and can connect the OnRoad card with CarrierHQ’s factoring service, which provides funds to the card on the day of invoice submission. Firms can also view the current payment status on invoices, as bills are marked “Paid” once payments are made. Al Masraf Rolls Out Corporate Credit Card.

B2B 56

B2B Invoicing Reconciliations Technology 56

PYMNTS

SEPTEMBER 7, 2018

The largest funding round of the week lands at one Indian firm, which will use the funds to focus on growing its suite of services from a B2B eCommerce platform to a source of financing and logistics for its business clients. India’s B2B eCommerce portal Udaan took the top investment spot with $225 million in Series C venture capital.

B2B 43

B2B Invoicing eCommerce Reconciliations 43

PYMNTS

DECEMBER 30, 2016

The globalization of B2B transactions is therefore a trend that will only continue to increase as eCommerce technology advances.”. trillion by 2020, and eCommerce in India will grow 67 percent into a $38 billion market — a tenfold growth since 2009. Third, B2B payments in developing markets will outpace mature markets.”.

B2B 50

B2B Reconciliations eCommerce Banking 50

PYMNTS

JULY 8, 2016

With $3 million in new venture capital, Australia-based Airwallex is helping businesses pay and issue cross-border invoices in the currency of their choice. Quickli enables businesses to handle the “last mile” of logistics and delivery, especially as the B2B eCommerce industry balloons in the country.

B2B 40

B2B Startups Foreign Exchange Invoicing 40

PYMNTS

MAY 8, 2017

Flywire streamlines payments for those global citizens and, just as importantly, the receipt and reconciliation of those payments for the businesses to whom they are sending money. If they conduct business online, that’s another one, and probably another POS vendor on top of that.

Healthcare 50

Healthcare Education Reconciliations Invoicing 50

PYMNTS

JUNE 28, 2019

The $1 million in Seed funding for India-based Recko will help the firm grow its payments reconciliation solution for companies in the banking, lending, insurance, eCommerce and telecom industries. KoinWorks said it will use the investment to expand its team, drive new partnerships and invest in its underlying technology.

Valuation 43

Valuation Reconciliations B2B Startups 43

PYMNTS

DECEMBER 4, 2020

Corporates, banks and financial institutions (FIs) have decentralized systems over time, putting up data siloes and “between [enterprise resource planning], source to pay and the final execution of the invoice payment, add[ing] layers of manual inputting for AP professionals.”. Enterprises have been onto this for a while.

B2B 57

B2B Invoicing Reconciliations Forecasting 57