Businesses should focus on growth, not payments. However, that’s not to say that payments aren’t one of the most integral elements in business growth. “Consumers have definitely embraced digital payments, but many businesses still rely on mailed invoices and paper checks,” Trina Dutta, vice president...
Innovation begets innovation — and companies that neglect that fact can often end up stagnating. Consider, for example, the fact that in today’s digital economy, payments are no longer just a means of settling invoices — they’re emerging as strategic tools for generating revenue. Digital...
Santander Consumer Finance (SCF) plans to expand its presence in the U.K. leasing sector after acquiring full-service fleet management company CLM Fleet Management. CLM has 40 years of experience managing fleet vehicles for corporate customers, while Grupo Santander has been working to position Santander as...
Innovation is no good to the businesses that fail to embrace it. But as advanced technologies to streamline payments and financial data management reshape competition in commercial payments, the transformation of business-to-business (B2B) payments is taking center stage this month as PYMNTS, together with industry...
As businesses grow, so do the volume and complexity of their B2B payments. This comes amid news Wednesday (Oct. 9) that FreedomPay has launched a partnership with financial infrastructure platform Stripe designed to aggregate and integrate various software and payment solutions, pushing digital system integrations into the spotlight....
The complexities enabling money movement can make life challenging for CFOs and treasurers. If they sit at the helm of marketplace businesses, well, that’s when things get interesting, and where technological sophistication butts heads with the need for simplified use and reporting. While marketplaces and...
Emerging payment networks and models are rewriting the rules of commercial transactions. And it’s time for chief financial officers and treasurers to cash in. Whether it’s through an in-store experience, eCommerce or virtual invoice billing, the payment stage is critical to business operations. Dean M....
There’s a reason why the well-worn phrase “Like money in the bank” is shorthand for security and peace of mind. For B2B suppliers especially, money in the bank — in its most literal sense — is among the most critical components of security. Cash in...
By now we know the usual suspects for payments and back-office automation. There’s the paper check, and all its costs and fraud potential. There’s the paper invoice. And there’s the repetitive, manual work, not to mention the Excel spreadsheets. But there’s life beyond the usual...
