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Looping Legal Cannabis Into The World Of Trade Credit

PYMNTS

Payments in the legal cannabis industry is a tricky nut to crack. While the general expectation is that federal legalization is on the horizon, it will take some time for electronic payment rails to open up to legal cannabis businesses, meaning cash is likely to persevere as the dominant transaction method for the short- to medium-term.

Legal 111
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B2B Payments Drive Instant Payments, Crypto Innovation

PYMNTS

Separately, research finds B2B payments as the key driver behind surging instant payments volume in the years ahead. Late last week the EU’s executive branch introduced proposed rules to provide legal guidance and clarity for corporates and investors to adopt cryptocurrencies. B2B Payments To Drive Instant Payments Adoption.

B2B 129
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Strategizing Corporate Legal Departments’ Invoice Payments

PYMNTS

Supply chain financing is a practice that has received a bit of backlash in recent weeks, with critics accusing some large corporates of forcing discounts on small suppliers to speed up payment. ” Aligning Incentives.

Legal 52
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B2B Financing Firm FreightRover Reportedly Impacted By Celadon Fraud Scam

PYMNTS

It hasn’t exactly been the best of times lately for FreightRover , at least not when it comes to legal drama and company leadership. PYMNTS readers might recall that late last year, FreightRover secured $500 million in financing to fuel its factoring operations, with the capital coming from Crayhill Capital Management.

B2B 54
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Open Banking APIs Meet B2B Payments

PYMNTS

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 76
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Accelerating B2B Payments Through AR-AP Convergence

PYMNTS

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 67
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Trade Finance Gets Boost Via Banks, APIs

PYMNTS

Application program interfaces (APIs) are helping to speed Open Banking — and, by extension, bringing trade finance into the digital age. To that end, HSBC said last week that it is deploying an API designed to promote bank collaboration, with a focus on trade finance.

Finance 76