B2B Payments

B2B Payments
Conferma Pay, Boost Partner to Drive Supplier Payments With Virtual Cards
November 16, 2021

B2B virtual payment platform Conferma Pay and B2B payment gateway Boost Payment Solutions are teaming up to offer commercial card issuers and their corporate clients a virtual card tool that quickly transfers payments into suppliers’ bank accounts, according to a press release emailed to PYMNTS...

B2B Payments
24% of B2B Payments Made by Large Firms Are Made via Check
November 16, 2021

Smaller enterprises often face a familiar dilemma regarding technological investment. They tend to be highly motivated to minimize overhead, boost efficiency and embrace tools that might confer competitive advantages. At the same time, they also may feel they lack the monetary and human capital to take...

B2B Payments
Credit Cards See Growth as Part of Global Business Payments Mix
November 16, 2021

All eyes are on the supply chain snarls — the logistics headaches that may leave shelves bare during the all-important holiday shopping season. In an interview with PYMNTS’ Karen Webster, Dean M. Leavitt, CEO of B2B provider Boost Payment Solutions, said that freight and logistics...

B2B Payments
Latest ezW2 Software Can Pair With Payroll for Easier Tax Filing
November 15, 2021

Halfpricesoft.com developers say the ezPaycheck payroll application and the just released ezW2 2021 software can be used together, allowing for a more user-friendly support for tax payments, according to a Monday (Nov. 15) press release. The ezW2 2021 will have the white paper printing function...

B2B Payments
Builders Targeted for New BNPL Plan to Ease Pain of Pricey Materials Purchases
November 15, 2021

The construction industry has one of the longest days sales outstanding (DSO) — an average of 83 — so it seems a product that would let these professionals pay for the supplies they need without having to foot the entire cost upfront would be a...

B2B Payments
Digital Advertising Industry Sees Recurring Payments Key to Profitable Growth
November 15, 2021

As demand for alternative payment options explodes, businesses of all types are increasingly turning to digital solutions to prioritize and accelerate their migration from checks to automated electronic payments. One industry that’s proving especially keen to embrace automation is digital advertising, due to a shared...

B2B Payments
44% of US Businesses Consider Data Reconciliation as the Most Pressing AR Concern
November 13, 2021

March 2020 triggered a massive slowdown in B2B payment flows from which many businesses have yet to recover. Even today — more than 18 months later —firms are waiting longer to receive payments than they did in 2019. Among the key frictions that tie up...

B2B Payments
Today in B2B: SMBX Offers Bonds, Not Loans to SMBs; Small Businesses Prioritize Automating AR 
November 12, 2021

Today in B2B payments, FinTech SMBX offers bonds rather than bank loans to small- to medium-sized businesses (SMBs). Plus, Veem announces their Partner Connect program for global AP/AR-as-a-Service, and one-third of small businesses are planning to automate their accounts receivable by 2025.  Veem Debuts Partner...

B2B Payments
FinTech Offers Small Business Bonds, Not Bank Loans to Fund Growth
November 12, 2021

Owners of small- to medium-sized businesses (SMBs) looking to raise some money now have the opportunity to issue bonds to their everyday customers and cash in on their “beloveability factor.” The idea is that budding entrepreneurs can quickly source the funding they need to grow...