When it comes to business-to-business (B2B) payments, every transaction is an adventure. That’s because B2B payments aren’t your straightforward stroll in the park. Unlike consumer payments, B2B transactions are characterized by their complexity. Large transaction values, detailed invoicing, and approval processes create a multilayered environment....
Building better B2B relationships increasingly starts with better payments data. And with the news Tuesday (July 2) that FleetUp and RoadFlex have integrated their solutions to automate fleet expense management and fuel management, from data collection to reporting, leveraging B2B payment data for insights into spending patterns and...
FleetUp and RoadFlex have integrated their solutions to automate fleet expense management and fuel management, from data collection to reporting. Together, their fleet management solutions help fleet owners and administrators streamline their operations, the companies said in a Tuesday (July 2) press release. “By integrating...
Mashreq has launched a new application programming interface (API)-enabled instant payment solution for its corporate and institutional clients in the United Arab Emirates (UAE). This new offering is integrated with the Central Bank of the UAE’s (CBUAE) Aani or Instant Payments Platform (IPP), facilitating low-value...
B2B payments power trillions of dollars in annual payments flows. Much of those flows are handled via checks and other traditional processes that are riddled with pain points, redundancies and sunk time and costs. All these factors can lead to longer DSO (days sales outstanding),...
Innovation is coming to the B2B space, providing businesses with streamlined and efficient payment solutions. Increasingly, these innovative B2B payment solutions are having a positive impact across both sides of the transaction. Take, for example, the evolution of B2B card issuing. “We are really at...
The State Bank of India reportedly launched a web-based invoice financing solution for microbusinesses and small- to medium-sized businesses (SMBs). The new MSME Sahaj solution allows the bank’s customers to access financing against their sales invoices in less than 15 minutes, from application to disbursement,...
Accounts payable automation and procurement solutions provider Basware announced an integration with Amazon Business. The collaboration is designed to streamline purchasing and procurement for customers, Basware said in a news release Monday (July 1). A new Amazon Business Integrated Search feature lets buyers search for...
Dubai-based FinTech Comfi reportedly secured a $5 million debt facility to expand its B2B payment platform and support its launch of an embedded buy now, pay later (BNPL) solution. The funding will also facilitate $40 million in B2B transactions across the United Arab Emirates and...
