PYMNTS

JULY 2, 2020

businesses in the form of B2B payments each year, yet the payments industry faces a host of complications despite this impressive sum. Enter open banking, a phenomenon sweeping the financial space that enables free and seamless data sharing between banks and developers via APIs, allowing B2B payments to be processed faster than ever before.

B2B 109

B2B Government 109

PYMNTS

NOVEMBER 17, 2020

Today in B2B payments, American Express enhances its early B2B payment solution, and payroll provider Paylocity strikes an acquisition deal. American Express Enhances Early Pay To Ease B2B Supply Chain Payments. That aims to boost their risk management and contract governance, transformation and remedial activities.

B2B 57

B2B accounting and finance Technology payroll 57

PYMNTS

OCTOBER 12, 2020

But that problem could be a thing of the past thanks to the launch of the world’s first B2B cybersecurity marketplace that enables buyers to easily search, compare pricing and purchase the right IT solution in one place. With over 5,000 cybersecurity vendors in the U.S.

B2B 83

B2B Healthcare Government Account 83

PYMNTS

APRIL 23, 2019

The idea started in the B2C world, but it wasn’t long before online sellers were asking about its use for B2B — at least, according to Chris Tsai, co-founder and CEO of Resolve , in a new PYMNTS interview. B2B Version. B2B, in some respects, is the stubborn mule of the digital economy. trillion by 2020.

B2B 91

B2B accounting and finance B2C Finance 91

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 80

B2B Spend Management New York accounting and finance 80

PYMNTS

DECEMBER 26, 2019

Late Payments Czar Paul Uppal, the government is facing backlash for failing to clarify why the small business commissioner has departed. 26) said employers’ group the Forum of Private Business is speaking out against what it called a missed opportunity by the government to provide transparency into the matter.

Government 52

Government B2B 52

PYMNTS

MARCH 26, 2020

economy has never seen a clearer picture of the consequences of friction in government procurement practices than it is witnessing right now. COVID-19, the disease caused by the coronavirus , could prove to become a catalyst for digitization in government procurement operations, according to Mark Eigenbauer, president of BidNet.

Government 58

Government Technology Washington B2B 58

PYMNTS

OCTOBER 9, 2020

Malware masquerading as an attachment in an official email from the government or a company executive is another favorite scam right now. Reichel said that since so much B2B interaction is now online, that’s opened the door for criminals to intercept emails and then impersonate legitimate executives and vendors. What B2B Firms Can Do.

B2B 116

B2B Technology Hospitality Healthcare 116

PYMNTS

DECEMBER 28, 2020

In this week's B2B Data Digest, PYMNTS breaks down the numbers behind the latest cases of fraud, including the growing risks of small business loan fraud, a case of expense fraud, and the ever-persistent Business Email Compromise risk intensified by Brexit uncertainty. .

B2B 116

B2B accounts payable AP Processes accounting and finance 116

PYMNTS

DECEMBER 16, 2020

And in B2B payments, firms are revising and automating their transaction methods amid the pandemic. 1.3B : Amount the Illinois state government spent on check disbursements in 2019. 1.3B : Amount the Illinois state government spent on check disbursements in 2019. All this, Today in Data.

B2B 65

B2B Illinois accounts payable Government 65

PYMNTS

OCTOBER 6, 2020

At least insofar as 2020 has shaped up, and especially where B2B payments have been concerned. Improving the B2B Customer Experience. The B2B customer experience, noted several panelists, now includes payments. “April is the cruelest month,” wrote TS Eliot. His calendar was bit off.

B2B 84

B2B Technology accounting and finance B2C 84

PYMNTS

SEPTEMBER 4, 2020

More than $25 million in new funding landed at B2B FinTech startups this week, making it one of the slower VC roundups for the B2B landscape this year. As organizations accelerate their sales digitization efforts, B2B eCommerce has jumped to the top of strategic planning initiatives.

B2B 60

B2B Technology Colorado New York 60

PYMNTS

NOVEMBER 3, 2020

And B2B payments , too. The $20 trillion in corporate payments done through paper checks represents a staggeringly large greenfield opportunity – and there is any number of ways to modernize B2B interactions (and corporate treasury activities in lockstep). The Big Themes – And The Challenges . That’s where the market’s going.

B2B 82

B2B accounting and finance accounts payable Government 82

PYMNTS

NOVEMBER 3, 2020

In this week's roundup of payment rail innovation, PYMNTS finds B2B payments use cases serve as an important driver of adoption, with FinTechs and financial service providers embracing payment rails old and new to enable real-time B2B payments and foreign exchange. B2B Drives ACH Volume Up. and abroad.

B2B 56

B2B B2C accounts payable Healthcare 56

Withum

APRIL 27, 2023

Our client championed modern B2B e-commerce, marketing and operational best practices for national and international business operations. From undergoing various new strategic directives, the company had also procured Oracle’s SuiteCommerce instance as its B2B e-commerce portal to accompany the initial ERP and SC rollout.

E-commerce 52

E-commerce NetSuite Integration NetSuite Manufacturing 52

PYMNTS

AUGUST 30, 2020

The company's B2B sales have surged in recent months, now taking up 50 percent of the company's profits. Touchland said in the release that it expects its B2B channel to encompass about 75 percent of its business next year. The KUB was designed by Touchland founder Andrea Lisbona.

B2B 64

B2B Healthcare Government Sales 64

PYMNTS

JANUARY 20, 2021

Today in B2B payments, European banks pull back spending, while WEX collaborates with MYOB. The banks' continued reticence on lending reflects the uncertainty still present in the economy due to COVID-19, including various government lockdowns and spikes in case counts. RepSpark, PGA To Partner On B2B eCommerce For Virtual Shows.

B2B 64

B2B Government Finance Technology 64

PYMNTS

NOVEMBER 9, 2020

This week's B2B Data Digest looks at the latest stats in the fight against late payments, and finds several instances in which the COVID-19 crisis has exacerbated the late payments problem. According to reports, these B2B payment delays are exacerbating the challenge of businesses to recover amid the pandemic.

B2B 70

B2B Ohio accounts payable Construction 70

PYMNTS

MARCH 17, 2020

A dramatic decline in B2B transactions globally has leaders considering how to move forward, according to data from Tradeshift announced in a press release. Lanng said larger businesses had seen the importance of helping the supply chain stay afloat, and governments had begun implementing solutions to funnel cash into the languishing economy.

B2B 60

B2B Maine Government 60

PYMNTS

FEBRUARY 3, 2020

The accused allegedly tapped a network of 49 shell firms for the business to business (B2B) scam that defrauded the government. When it comes to B2B payment scams , it’s not only outsiders but entities’ own internal personnel that is often the cause of fraudulent activity.

B2B 52

B2B New York Tax Government 52

PYMNTS

OCTOBER 3, 2018

The country is the latest nation to help push B2B payments into the digital age. Spanish authorities recently launched an online platform that government contractors can use to submit electronic invoices. The regulatory push to move B2G — and B2B — invoicing to digital from analog is not confined to Europe, of course.

B2B 58

B2B Government Maine 58

PYMNTS

APRIL 17, 2020

Panic buying lasting weeks into the COVID-19 emergency strained inventories, left shelves bare and, at the macro level, has led to serious talk in the corridors of corporate and government power about reordering global B2B supply chains to avoid future systemic collapses. SMBs Outmaneuvering the Coronavirus.

B2B 57

B2B Transportation Manufacturing Government 57

PYMNTS

JANUARY 18, 2019

The complexities and demands of B2B eCommerce can be significantly greater than those of the consumer digital shopping realm. While that characteristic can be an argument for why it is imperative that B2B commerce goes digital, it’s also one of the biggest reasons why the industry is struggling to make progress.

B2B 78

B2B B2C Technology Sales 78

PYMNTS

SEPTEMBER 26, 2018

Visa is expanding the testing of its B2B payments technology, B2B Connect , into Thailand, according to reports. The Nation reported that B2B Connect is now being piloted by Thailand’s largest bank Kasikornbank. ” Visa began testing the B2B payments solution earlier this year with UnionBank in the Philippines.

B2B 65

B2B Technology Spend Management Government 65

PYMNTS

MARCH 18, 2020

Goldman Sachs recently announced that it will offer its Global Payments capabilities on the SAP Ariba Network, a solution designed to enable faster, more affordable cross-border B2B payments. By breaking down friction that separates buyers and suppliers, the businesses noted they can accelerate the invoice-to-cash cycle.

B2B 67

B2B accounts payable Real Estate accounting and finance 67

PYMNTS

FEBRUARY 27, 2020

In an effort to boost revenue after disappointing Q4 earnings, Office Depot is turning its attention to business-to-business (B2B) and eCommerce, according to reports. Office Depot is changing tactics in 2020, leveraging its strength in catering to businesses, schools, healthcare organizations and government agencies.

B2B 60

B2B Healthcare Retail Sales 60

PYMNTS

MAY 8, 2020

When the pandemic arrived in early 2020, a preponderance of B2B payments was still being made by paper checks, along with all the messy precursors to those checks, from Excel spreadsheets to outdated accounts payable (AP) systems to – no disrespect – the U.S. Postal Service. tools to develop their solutions,” the latest Tracker states.

B2B 53

B2B accounts payable Government Account 53

Accounting Insight

JANUARY 8, 2024

In 2024, the Prompt Payment Code will get tougher to address the payment power dynamic between small and large businesses By Sarah-Jayne Martin Director, ICA Global AR Practice at Quadient Accounts Receivable In 2023, the government’s review of the Prompt Payment Code was a positive move towards addressing the power balance of late payments.

accounts payable 105

accounts payable B2C Technology accounting and finance 105

PYMNTS

JUNE 13, 2019

That’s particularly true in the B2B eCommerce space, as the online shopping habits of consumers spill into their professional lives when making purchases for a company, and as B2B eCommerce solution providers vow to offer an “Amazon-like” experience fit for the corporate world. and India in 2017.

B2B 55

B2B Legal Retail Government 55

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 52

B2B Finance accounting and finance Construction 52

PYMNTS

JANUARY 16, 2020

In an interview with the publication, FNB Business Spokesperson Kenneth Matlhole said that corporates and government entities will be particularly impacted by the change, considering the heavy reliance on checks for many of these players, including schools, agriculture firms, motor industry businesses and others.

B2B 52

B2B Agriculture Government 52

PYMNTS

JANUARY 11, 2021

Today in B2B payments, the SBA releases guidance for the next round of PPP loans, while xSuite secures Peppol invoice certification. Plus, TripActions announces ERP integrations, FortisPay acquires Swype and Goldiam launches a B2B eCommerce platform in the U.S. Goldiam International Debuts B2B Website for US Retail Jewelry.

B2B 55

B2B E-commerce NetSuite Technology 55

PYMNTS

FEBRUARY 21, 2020

B2C trends are bleeding into the B2B space and forcing corporate sellers to become digitally savvy — and fast. Forty-four percent of 200 millennials surveyed last year stated they were wholly responsible for making purchasing decisions at the B2B companies at which they worked, and an additional 33 percent played some role in this process.

B2B 61

B2B B2C Sales Government 61

PYMNTS

SEPTEMBER 10, 2019

The B2B payments discussion often centers around innovators’ efforts to kill the check. There is no straight line to killing the check, but in the path to B2B payments innovation, a plethora of possibilities emerges. B2B Payments’ Innovation Agenda. According to Phalen, that includes speed, transparency and global scale.

B2B 59

B2B accounts payable Technology Accounts Payable Automation 59

PYMNTS

OCTOBER 17, 2018

Sberbank , Russia’s largest bank, is collaborating on a faster B2B payments solution with the financial services unit of Russian search engine Yandex. The B2B payments platform is designed to accelerate payments between legal entities.

B2B 57

B2B Legal Government Account 57

PYMNTS

JULY 22, 2019

Last month, the city of Riviera Beach, Florida, was crippled by a ransomware attack that led to it paying a hefty sum to recover government systems. Ransomware attacks are on the rise within local and state governments, he added, leading to revived debate about how to handle such a scenario. . What’s the alternative?” .

Government 58

Government Florida Indiana Hospitality 58

PYMNTS

DECEMBER 23, 2019

But Scott Wolfe, CEO of Levelset (formerly known as Zlien), told PYMNTS that market fragmentation is holding up B2B cash flows, even as larger contractors or lenders want to disburse payments down the supply chain. Small businesses are the fabric of the construction industry,” he said. They’re also in the thick of these payment pains.

Construction 52

Construction B2B Technology Start-ups 52