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Today In B2B: Wells Debuts Virtual Commercial Cards, PayPal Ventures Makes B2B Payments Investment

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Today in B2B payments, Wells Fargo rolls out its virtual card services for B2B payments, while PayPal Ventures makes a B2B payments investment. Each card payment is then assigned a virtual number tied to a commercial card account. Simfoni Joins Vroozi’s Cloud-Based Procure-To-Pay Platform.

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Today In B2B Payments: Visa Unlocks SMB Data, Mastercard Drives Biz Card Adoption Across MEA

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Today in B2B payments: Visa collaborates to open up small business banking data, while Mastercard drives commercial card adoption across the MEA region. Plus, American Express eyes social media shoutouts for small firms, Veem launches a domestic B2B payments tool and Billtrust embraces machine learning. SMB economy. 18) press release.

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Virtualized B2B Payments: Poised To Kill The Paper Check — And The Plastic Card

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For B2B payments , the pandemic may be the final nail in the coffin of the paper check — and the plastic commercial card, too. Illustrating the process, Blair pointed to the hypothetical corporate buyer who uses their procure-to-pay platform to source and buy laptops from an office supply firm.

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Procure-To-Pay Facing More Market Consolidation

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Juvo Technologies wants to extend its presence within the procure-to-pay space and announced an acquisition to help it do so. Reports late last week said the technology firm has acquired Vendorin , a B2B payment technology and enterprise solutions company, to help Juvo build out a procure-to-pay platform.

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One Of The Biggest B2B FinTech Funding Weeks In Months

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It was one of the biggest weeks for B2B FinTech investment in months. based procure-to-pay platform that aims to link companies with a consumer-like eCommerce experience in the procurement department. Accounting. eProcurement. Tradeshift. BuyerQuest. BitPesa secured $2.5 and the U.S.

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Tradeshift Taps Genpact To Broaden AP Automation Offerings

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29), with Tradeshift integrating its B2B network of buyers and suppliers with Genpact’s Cora digital business platform. Tradeshift Chief Commercial Officer Rinus Strydom added: “Genpact is a leader in finance and accounting, with decades of experience running operations for numerous global Fortune 500 companies.

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Yooz Debuts AP Automation Tech To UK Market

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Procure-to-pay software company Yooz plans to expand into the U.K., A press release revealed that the company will make its automated accounts payable (AP) solution available to U.K. Yooz currently integrates into an array of accounting and enterprise resource planning (ERP) platforms.