As businesses evolve, so too do the ways in which they pay and get paid. After all, cash flow is the lifeblood of any business. Against that backdrop, there exists a broader trend in the FinTech industry where innovative solutions are transforming the traditional landscape...
Embedded payments technology company VoPay has debuted a digital transaction and cash management platform. Dubbed TXB, the platform is designed to help banks and credit unions launch “API-first transaction banking and cash management services,” VoPay said Wednesday (May 29). “In the rapidly evolving landscape of...
Nue has launched a platform that unifies configure, price and quote (CPQ) and billing, and accelerates finance operations across every B2B model. The new Everything Billing product brings together direct sales and product-led growth, subscription- and usage-based pricing, and bundling across software, physical goods and...
What a difference a day can make. The T+1 implementation for capital markets went live in the U.S., Canada and Mexico on Tuesday (May 28), accelerating the settlement cycle for securities from T+2 to T+1. And against that backdrop, financial institutions (FIs) are under increasing pressure...
Ramp and Ascenda have partnered to provide Ramp’s customers with more ways to redeem points earned on U.S. spend. With this collaboration, Ramp’s financial automation platform and corporate card will connect to Ascenda’s global rewards ecosystem, the companies said in a Tuesday (May 28) press...
There’s no shortage of complexities when it comes to the business relationship between buyers and sellers. There are payment methods, terms, timelines and compliance issues, to name just a few. Add economic uncertainty and high interest rates that make money scarce, and you place additional pressure on...
Businesses, particularly global ones, exist and transact across fragmented payment ecosystems. Just ask any organization about their cross-border growth plans and how it’s going from a payments perspective: the absence of standardization and interoperability will become immediately apparent. Against a B2B backdrop of a growing trend...
Life is a matter of choices, and so, too, is business. That’s why, when it comes to B2B payments, accepting (and offering) more options can potentially lead to more business. And with the recent news that American Express (Amex) has teamed with Emburse to embed the former’s virtual card solutions into...
Within today’s digital world, B2B payment mechanisms are increasingly finding themselves at an inflection point. Digitization is frequently a one-way street. Firms that have successfully undertaken a modernization of their B2B payments functions are unlikely to turn back the clock and re-embrace legacy methods like...
