October 16, 2023
Intuit Launches QuickBooks Bill Pay to Automate AP Process
Intuit, the financial technology platform, has announced the launch of QuickBooks Bill Pay, which aims to transform bill pay for businesses while delivering accounts payable (AP) automation. This integration within...
October 16, 2023
Credit Union Ranks Will Shrink in 2024 as M&A Drives...
A decade ago, there were nearly 7,000 credit unions, and that number’s been consolidated to about 4,700. Scott Young, managing VP of Emerging Services at PSCU, told PYMNTS that the...
October 12, 2023
WooCommerce and Veem Partner to Expand Global Commercial Payments
Open-source eCommerce platform WooCommerce has announced a partnership with Veem, a global payments provider, in a Thursday (Oct. 12) press release. This collaboration aims to extend business-to-business (B2B) payment capabilities...
October 12, 2023
AI’s Cost Curve Has Big Tech Losing Money
Artificial intelligence (AI) has captured the imagination of some of the world’s largest companies. It has also captured a sizable portion of their spending — without giving much back. Big...
October 12, 2023
77% of Real Estate Companies Plan to Adopt Real-Time B2B...
Real-time payments are becoming a major player across industries. Large retail, manufacturing and insurance firms recognize the significance of real-time payments for business-to-business (B2B) operations. Notably, 81% of large retailers...
October 11, 2023
Mastercard and Bizom Partner on Supply Chain Financing in India
Mastercard has partnered with Bizom, a retail intelligence platform, to provide a comprehensive digital supply chain financing solution to micro retailers and distributors in India. This collaboration aims to address the challenges...
October 11, 2023
Trust Matters in B2B: How Commercial Relationships Impact Payments Innovation
Businesses that trust each other, grow together. That’s why when it comes to digitizing the commercial payments ecosystem, solving for behavior is just as important as solving for capability —...
October 11, 2023
PYMNTS Intelligence: Why the Time for AR Automation Is Now
With more than 8 in 10 companies still seeing delayed payments rise in 2023, concerns about the global economy remain high. Small business owners’ top reported financial challenges over the...
October 10, 2023
UnionPay and TripLink Unveil Virtual Card for B2B Cross-Border Payments
Global payment network UnionPay has partnered with FinTech company TripLink to introduce the UnionPay Virtual Commercial Card in Singapore. This collaboration aims to address the cross-border payment needs of businesses, particularly in the airlines...
Business cards offer numerous benefits to small businesses over other financing, including easier qualification, significantly higher credit limits, and perks such as cash back, travel and mileage-earning rewards. The latest “B2B and Digital Payments Tracker®” explores why 63% of small business owners using cards as their primary startup funding attribute their success to this method of financing.
Real-time payments already account for at least 15% of B2B payments volume in the insurance, manufacturing and retail industries. PYMNTS Intelligence’s latest study of 500 executives across the retail, insurance, manufacturing and real estate sectors examines how these industries are using real time payments today and their plans for the future. Read more in “The State of Real-Time Payments,” a collaboration with The Clearing House.