PYMNTS

JANUARY 8, 2021

Today in B2B payments, ActiveWorx launches its B2B payment optimization tool, while PayJunction debuts an eInvoicing feature. ActiveWorx Introduces B2B Payments Offering on AP Platform. has rolled out B2B payments optimization offerings on its platform. Fides Expands Connectivity for Finance Professionals.

B2B

PYMNTS

JULY 6, 2020

Steady digitization in stale B2B payments and the open banking movement are two closely related and increasingly exuberant expressions of money’s digital makeover. Impacts expected from open banking on the laggard B2B payments space are hard to understate. It’s worth the effort, as the growing number of B2B payments use cases prove.

B2B

Accounting Insight

JANUARY 8, 2024

The rise of invoice fraud will prompt closer collaboration between finance and security teams. To help this collaboration, businesses should take steps such as implementing AI and automation tools to detect any suspicious activities or anomalies within the Accounts Payable (AP) process.

accounts payable

PYMNTS

MARCH 6, 2020

A lull in venture capital funding has only a few B2B FinTechs this week securing new investment rounds. In the meantime, PYMNTS gathered up a shortlist of the B2B FinTechs that were able to secure new funding as backers prepare for their next wave of support. Mailprotector. Chqbook.com.

B2B

PYMNTS

JANUARY 11, 2021

Having invoices financed is one way to combat late B2B payments, but in Europe, one watchdog is raising concerns that new standards for default may see a dramatic rise in soured debts. In this week's B2B Data Digest, PYMNTS rounds up the latest data on late payments, including the stats behind the EBA's new rules.

B2B

PYMNTS

OCTOBER 6, 2020

At least insofar as 2020 has shaped up, and especially where B2B payments have been concerned. Nawaz pointed out that managing supply chains is about ensuring a seamless flow of finances as much as it is about tracking production from raw materials to finished goods. “It Improving the B2B Customer Experience.

B2B

PYMNTS

MARCH 31, 2020

No one payment rail can solve every point of friction in B2B payments. Although the solution was initially designed for migrant workers to move money abroad more easily, the mobile app, which uses a QR code to facilitate global payments, could address global payments friction in a B2B context as well, the companies said.

B2B

PYMNTS

AUGUST 10, 2020

Despite government initiatives to connect small businesses to capital as quickly as possible, the U.S.’s Understanding which financing products are most appropriate for B2B SMBs can be a challenge, however, particularly during high-pressure moments of slumping sales and revenue.

B2B

PYMNTS

MARCH 18, 2020

In a recent conversation with PYMNTS, Bectran Business Development and Implementation Manager Dominic Biegel reflected on the deepening relationship between an organization’s accounts receivable (AR) operations and its clients’ accounts payable processes. 1st Commercial Credit Discusses Payables Finance.

B2B

PYMNTS

OCTOBER 15, 2018

Call it the yin and yang of B2B payments — inseparable and contradictory opposites. Suppliers, of course, want to collect on receivables outstanding, getting cash into accounts for goods and services provided. The whole supply chain needs to finance the effort and the labor, and the materials that go into the process,” he said. “It

Technology

PYMNTS

APRIL 1, 2020

“The answer to this problem has to be more than the federal government offering low interest loans to business owners,” Alignable Co-Founder and CEO Eric Groves said in a statement. The B2B FinTech ecosystem seems to agree. Linked Finance Launches New SMB Loan. Optimum Finance Eyes Accountants for SMB Finance.

B2B

PYMNTS

NOVEMBER 17, 2020

Today in B2B payments, American Express enhances its early B2B payment solution, and payroll provider Paylocity strikes an acquisition deal. Plus, Allied Irish Bank strengthens its receivables finance offering, PwC develops data capture solution and BlackLine modernizes the cloud. 16) press release.

B2B

PYMNTS

DECEMBER 2, 2016

We’re covering two weeks’ worth of B2B venture capital funding, and across the board, India has come out on top. But the largest venture capital funding round went to an accounts payable automation firm in the U.S. But the largest venture capital funding round went to an accounts payable automation firm in the U.S.

B2B

PYMNTS

SEPTEMBER 23, 2020

In Brazil, open banking regulations are in the works, but payments innovation is advancing so quickly that many in the ecosystem cannot afford to wait for the government to catch up. But for non-financial companies to provide a positive finance experience to end-users, making payments seamless is key. A Better Payments Experience.

B2B

PYMNTS

NOVEMBER 28, 2018

The Singapore-based company provides SMBs with its cloud-based platform to manage business operations, including accounting and finance, employee hiring and management, and other back-office processes. “It exists as an online B2B marketplace for [SMBs], powered by Deskera’s leading inventory management technology.”

B2B

PYMNTS

JULY 3, 2019

In the B2B world, the time is now for faster payments. In addition, those firms that embrace real-time payments (RTP) may be setting the stage for other transformative initiatives over the next few years — as 60 percent of companies interested in RTP also intend to pursue B2B payment innovations. In the U.S., Though the U.S.

B2B

PYMNTS

SEPTEMBER 2, 2020

The spreadsheet is the bane of many corporate finance professionals' existence. For accounting and treasury management departments, the spreadsheet's drawbacks can lead to detrimental impacts on corporate bottom lines. There's a happy medium that must be achieved when it comes to data governance.

Finance

PYMNTS

SEPTEMBER 28, 2020

This week's B2B Data Digest looks at the latest figures behind such fraud targeting corporate finance teams. According to the report, as many as 500 people have been identified by the government as having potentially committed fraud. Morgan Chase bank account that he created and maintained for TNC.".

accounts payable

PYMNTS

NOVEMBER 30, 2020

Today in B2B payments, Visa teams up with Razorpay to debut a small business commercial card solution, while Nets is working with Yoba Smart Money to develop small business payment tools. In Australia, the government could be looking at mandatory eInvoicing for companies, according to a report by Accountants Daily.

B2B

PYMNTS

OCTOBER 12, 2018

café chain Patisserie Valerie has been arrested after the company revealed “significant, and potentially fraudulent, accounting irregularities,” according to BBC reports on Friday (Oct. On Friday, the company said Chris Marsh, its finance director, was arrested during the night and has been released on bail.

Finance

PYMNTS

SEPTEMBER 7, 2018

Investors this week placed more than $447 million in B2B FinTech startups, with the biggest investment rounds landing at companies that address more than one point of friction. One startup, Colombia’s Portal Finance, also signals investors’ appetites for multitasking B2B FinTech startups.

Finance

PYMNTS

DECEMBER 20, 2016

fintech company MB Transfers, which enables cross-border B2B payments, is going by a new name: ArcaPay. But there are other regulations and economic policies that can give small businesses a leg up on managing payments and finances. The company uses the interbanking system to facilitate cross-border B2B payments for its clients.

B2B

PYMNTS

APRIL 29, 2020

To provide immediate cash flow for small- to medium-sized businesses (SMBs), the American Institute of CPAs (AICPA) is asking for the Federal Reserve to make a short-term accounts receivable (AR) lending facility that is federally backed, according to an announcement.

Finance

PYMNTS

MARCH 19, 2019

Tipalti, a B2B payments company, has upgraded its PayPal services to allow its customers to use PayPal payments with suppliers more easily, the company said in a news release. This new integration takes advantage of the newest PayPal Payouts capabilities.

B2B

PYMNTS

SEPTEMBER 7, 2020

In B2B payments, the commercial card has experienced a dramatic spike in adoption this year as organizations accelerated their digital transformations and, unable to physically enter the office, began to rely on electronic payments to conduct their business. The year 2020 began inconspicuously — but in a few short weeks, everything changed.

B2B

PYMNTS

NOVEMBER 30, 2018

AccuFund, an accounting and ERP solution provider for nonprofits and government entities, this week announced the launch of new features. In a press release , AccuFund said its newest version of its Accounting Suite introduces new automated capabilities as well as enhanced data-management functions. spent on labor, $0.50

Government

PYMNTS

JANUARY 24, 2018

Bitcoin doesn’t necessarily have the blessing of government agencies, but what about blockchain? It seems governments are a bit more open to distributed ledger technology (DLT), though that doesn’t mean blockchain companies get a free pass with regulators. government isn’t the only jurisdiction going hot and cold on blockchain.

Government

PYMNTS

OCTOBER 19, 2020

“Banks can provide alternative, low-cost and less document-intensive forms of financing, like supply chain financing,” Gupta said. To that end, Oracle Financial earlier this month said it is offering a new supply chain finance feature to help banks deliver more flexible financing options. Supply Chain Financing.

Finance

PYMNTS

JULY 17, 2019

The trade finance industry encompasses a range of financial products all with a single goal in mind: Promote global trade and the financial well-being of traders. The Forum plans to introduce similar guidance papers on accounts payables financing, forfaiting and other processes within supply chain finance moving forward.

Finance

PYMNTS

MAY 4, 2020

Two years ago, Singapore launched its SMEs Go Digital campaign, a government effort to enable small businesses to modernize and embrace the cloud that continues today. A New Model For Accounting. “Blockchain technology has been widely adopted in man industries, but accountants are still debating on how to properly account for it.”

accountant

PYMNTS

MARCH 6, 2019

Corporate accounting standards are changing, with the Financial Accounting Standards Board adopting new standards in ways companies report on leases, hedging and other financial activity. A recent report from CFO.com shed light on another factor driving accounting and financial transparency within corporate America.

Finance

PYMNTS

SEPTEMBER 28, 2020

When an organization is bearing an ever-increasing burden of outstanding accounts receivables, there are multiple sources of capital to which it can turn. When it comes to accounts receivable (AR) financing, factoring companies will only look at performing assets. The Predatory Lending Trap. It's a juggling act.".

B2B

PYMNTS

FEBRUARY 17, 2020

This week’s B2B Data Digest uncovers the global cash flow threat of extended supplier payment terms, with the matter reaching from the U.S. Australia Policymakers Eye Supply Chain Finance. Small businesses’ late payment pains know no borders. to Australia and beyond. Closes In On Construction.

Construction

PYMNTS

JUNE 29, 2018

India’s YES BANK is rolling out new financial services for startups across the country through a partnership with Kerala Startup Mission , a government initiative to support entrepreneurs. The bank works with the Credit Guarantee scheme for Stand Up India to provide financing to startups.

Government

PYMNTS

JANUARY 21, 2021

Such rapid business-to-business (B2B) payments give buyers better control over their cash flows and spare vendors from waiting for money to settle. Nacha — which governs the Automated Clearing House (ACH) in the U.S. — Westlake Financial On Safely Speeding Up Auto Financing.

accounting and finance

PYMNTS

NOVEMBER 16, 2018

In a week of multiple nine-figure venture capital funding rounds, B2B FinTech has proved it plans to end the year on a high note. Below, PYMNTS breaks down the more than $912 million raised by B2B FinTech firms this week. For instance, its LaaS platform lets businesses provide invoice or payroll financing to their customers.

Technology

PYMNTS

OCTOBER 28, 2019

The Big Four auditing firms — EY, Deloitte, KPMG and PwC — have recently requested that the Financial Accounting Standards Board (FASB) provide clarity in how corporates should classify their reverse factoring or supply chain financing agreements, adding more fuel to a long-standing debate as to whether such trade financing tools are debt.

B2B