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Pharma Tackles The Puzzle Of Data And B2B Payments

PYMNTS

If one wants to understand the complexities of the pharmaceutical supply chain, just follow the money. Contract negotiations between drug manufacturers, wholesalers, hospitals, pharmacies and their group purchasing organizations (GPOs) are ever-changing, meaning B2B payments are often incorrect, and chargebacks and disputes are common.

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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.

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IBM Targets Pharmaceuticals With Blockchain Supply Chain Tech

PYMNTS

As IBM continues its exploration of how blockchain could disrupt supply chain management, the technology firm has partnered with Hejia to introduce a solution targeting the pharmaceutical space. The solution is already working with one pharmaceutical retailer, a hospital and a bank to facilitate transactions between these parties.

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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.

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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.

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Cloud Technology, B2B Payments, Visa’s YellowPepper Deal Top This Week’s News

PYMNTS

We have deep dives on cloud technology, business-to-business (B2B) payments and Visa’s deal to acquire YellowPepper. Bain Capital Ventures: 2020 Is B2B Payments’ Breakout Year. Western Union Heads To The Cloud To Make B2B Payments Faster. Visa To Acquire YellowPepper To Expand Network Of Networks In LATAM. 3 election.

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FedEx Eyes B2B Growth In Health As Ground Hit With ‘Peak-Like’ Residential Volume

PYMNTS

As retailers shuttered their physical stores during the coronavirus pandemic and eCommerce adoption accelerated, FedEx Corporation ’s commercial business-to-business (B2B) volume fell in the U.S However, the logistics company indicated that it was looking to fuel B2B growth via the healthcare sector.

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