B2B Payments

B2B Payments
Mastercard, Meta Team on SMB Digitization Webinar
December 01, 2021

Mastercard will be working with Meta to help digitize more small- to medium-sized businesses (SMBs) in the Middle East and Africa (MEA) through a training webinar, according to a press release. The webinar will feature insights from industry experts and a masterclass on how to...

B2B Payments
B2B Expenditure Expected to Make up 80% of Virtual Card Market by 2025
December 01, 2021

The increasing demand for touchless payment options that was accelerated by the pandemic is seeping into the corporate world as well, where a host of new contactless everyday spending options are hitting the market. Virtual cards in particular are emerging as a popular and easily deployable...

B2B Payments
FinTechs Tout Stablecoin As Faster, Fee-Free Business Payment Alternative
December 01, 2021

A few weeks ago, 72 employees of Figure went into an exchange and offered their stock up for sale. Two institutional buyers then came into the exchange and bid on the stock. When those bids and orders crossed, those orders were settled in real time....

B2B Payments
JOOR Adding 3D, AR Through Vntana Partnership
November 30, 2021

Wholesale marketplace JOOR is integrating 3D and augmented reality (AR) technology into its platform through its collaboration with eCommerce technology firm Vntana, according to a Fashion United report on Tuesday (Nov. 30). The partnership means JOOR customers and retail partners can view visual assets in...

B2B Payments
60% of Consumers and Microbusinesses See Instant Payments as Critical to Payor Loyalty 
November 30, 2021

Small and medium-sized businesses (SMBs) receive more than one-third of their sales through ad hoc payments — infrequent, one-time transactions — PYMNTS research has found. In these transactions, more than 30% of the payments are made late and often more than a month past due. SMBs traditionally...

B2B Payments
EKA Solutions Launches SMB Financial Services Subsidiary
November 29, 2021

Cloud-based freight management platform EKA Solutions Inc. on Monday (Nov. 29) debuted a wholly owned subsidiary focused on providing working capital financial services to small and medium-sized business (SMB) carriers, brokers and shippers starting in January, according to a Yahoo Finance report. “Given the rapidly...

B2B Payments
67% of B2B Buyers Have Switched to Vendors With ‘More Consumer-Like’ Experiences
November 29, 2021

B2B buyers are bringing some of the habits they’ve picked up as consumers into their work life too, particularly when it comes to shopping and purchasing items online. Just as they now turn to digital channels first and foremost to make convenient routine purchases as...

B2B Payments
Kanverse Unveils Insurance Form Automation Tool
November 29, 2021

Automation platform Kanverse has rolled out an artificial intelligence (AI)-powered document processing product for enterprise. The San Jose company announced the launch Monday (Nov. 29) in a news release, saying the tool “intelligently automates” the insurance forms submission process (for ACCORD and supplemental forms) with...

B2B Payments
Saudi British Bank Unveils Trade Finance Tool
November 29, 2021

Saudi British Bank (SABB) has unveiled a Shariah-complaint supply chain finance tool, billed as the first of its kind in Saudi Arabia. As Arab News reported, the launch aligns with the Saudi Vision 2030 program to increase small to medium-sized enterprise financing. Supply chain finance,...