B2B Payments

B2B Payments
New Report: Advertising Firms Embracing Digital B2B Payments
October 29, 2021

Just as consumers grasped the appeal of contactless payments and other pandemic-era innovations, so too has the advertising industry — an unsettled sector in need of solutions. According to the Sept./Oct. Payments in B2B Advertising Report, produced in collaboration with American Express, “business-to-consumer (B2C) companies...

B2B Payments
Going Digital is ‘Harder than Checks’ But Essential for CFOs
October 29, 2021

There’s an old saying that “change is hard” because people are reluctant to explore new ways of doing things — especially when it involves years- and decades-long practices. Yet, change is inevitable, and refusing to move with the times, particularly in business, can be too...

B2B Payments
38% of AP Professionals Want to Innovate to Reduce Payment Errors
October 28, 2021

Businesses all too often receive paper invoices in the mail, and directing staff to manually review and type up the details on these documents can be a major time sink that also creates opportunities for human error to muddle the data. Accounts payable (AP) departments...

B2B Payments
Untangling the ‘Sticky Web’ of B2B Payments Starts With the Value Proposition
October 28, 2021

The consumer payments ecosystem is thriving with the rapid adoption of everything from QR codes and contactless cards to digital wallets and cryptocurrencies. As a result, money flows freely, and people benefit from having greater convenience and flexibility in the many ways to pay. The...

B2B Payments
Experts Say Supply Chain Challenges Spur New Digital Payments Innovations
October 28, 2021

First the bad news: It will take years for supply chains to return to normal. But the good news: A panel of experts in transportation, logistics and finance told PYMNTS in an interview that this challenge is also an invitation for continued innovation in any...

B2B Payments
Proxtera Expands to Reach Digitizing SMBs
October 28, 2021

B2B marketplace network Proxtera is expanding its reach as more small- to medium-sized businesses (SMBs) are beginning to digitize, including adding to its network in Asia and Africa next year, The Business Times reported Wednesday (Oct. 27). The report says that work will include providing...

B2B Payments
Just 30% of SMBs Have Taken Steps to Automate AP Processes
October 27, 2021

As more businesses make the shift to fully digital transaction processes, new PYMNTS data suggests concerns about the move to real-time payments are making that transfer more difficult, especially for small- to medium-sized businesses (SMBs), as the cost of making such upgrades is affordable only...

B2B Payments
Deal Syndication Platform HUBX Raises Additional Funds
October 27, 2021

HUBX, the deal syndication platform for banks and brokerage firms, now has new backing from ACF Investors’ Delta Fund and Mandalore Partners, in addition to existing investors Barclays and Basinghall Partners, according to a press release on Wednesday (Oct. 27). “Banks are embracing end-to-end execution...

B2B Payments
Basware Gives Oracle ERP Users Easy Access to eInvoicing  
October 27, 2021

Finnish eInvoicing provider Basware says it has created a “recipe” that lets users of the Oracle Fusion Cloud ERP connect easily to the Basware platform.  The company announced the product Wednesday (Oct. 27), saying its eInvoice Recipe offers a standard out-of-the-box interface that lets Oracle...