article thumbnail

Supplylogix Secures Pharmaceutical Inventory Management Patent

PYMNTS

The company targets the pharmaceutical industry, and its patent will enable industry players to transfer inventory of medications based on demand, the firm said. “We The pharmaceutical industry is active in the exploration of tech and FinTech to enhance supply chain and other business management processes.

article thumbnail

B2B Pay Pursues Status As Regulated Bank

PYMNTS

B2B payments and international money transfer company B2B Pay has announced plans to become a regulated financial institution, and is looking to investors to fuel its growth. bank Barclays announced support for B2B Pay as part of its Tel Aviv Barclays Accelerator program. In 2016 U.K.

B2B 59
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

India’s Marg ERP Develops B2B ePayment Platform

PYMNTS

India-based Marg ERP — which provides enterprise resource planning, inventory management and accounting technology to businesses — is reportedly developing an electronic B2B payments platform. ” He added that the beta version of the digital B2B payments platform is now live, with plans to launch the solution across the country.

B2B 52
article thumbnail

Barclays Taps B2B Payment Startup For Accelerator

PYMNTS

And among those selected is a B2B payments company, the outlet said on Monday (May 23) following a visit to the launch of the Accelerator program in Tel Aviv. Among them is B2B Pay, which provides free International Bank Account Numbers (IBAN) for companies exporting into Europe.

B2B 56
article thumbnail

Report: Using Digital AP To Build Faster Subcontractor Payments Flows

PYMNTS

Accounts payable (AP) teams are now taking a fresh look at the potential of tools such as virtual cards to ease their transaction frictions. The September CFO Guide To Digitizing B2B Payments explores how corporate buyers are streamlining their B2B transactions with digital payments and supplier onboarding tools.

article thumbnail

The Multibillion-Dollar Problem Of B2B Payments Friction

PYMNTS

B2B payments is at the center of efforts to innovate by FinTechs, banks and others, but corporates’ business-to-business payment processes remain complex, erroneous and a deterrent to growth. The vast majority (91 percent) said they used the Bacs system to make their B2B payments, though half said they used SWIFT more than four times a month.

B2B 47
article thumbnail

BEC Scammers Embrace Coronavirus Opportunity

PYMNTS

Fraud was all over the headlines this past week, with top stories related to Travelex’s ransomware payment , Luckin Coffee’s internal accounting fraud investigation, and new research anticipating an ongoing surge in payments fraud. Though the figure is high, it’s a decrease from 80 percent in 2018, the AFP noted.