June 11, 2024
Can Virtual Cards Overcome Their ‘Achilles Heel’ of Supplier Acceptance?
Virtual cards promise a revolution in B2B payments, offering efficiency and certainty in transactions, yet their adoption remains stymied by a critical bottleneck: suppliers’ reluctance to accept them. Despite a...
June 10, 2024
Sidetrade Adds AI Agent to Order-to-Cash Applications
Sidetrade has added generative artificial intelligence (GenAI) features to its AI-powered order-to-cash (O2C) applications. The first of these features is an AI agent called “Ask Aimie,” the company said in...
June 10, 2024
Interoperability and Extensibility Will Define New Era for B2B Payments
As the world gets increasingly globalized, the ways that businesses transact become more important. With the Bank for International Settlements’ Committee on Payments and Market Infrastructures emphasizing in its June...
June 10, 2024
CloudPay Offers Workers Instant Payslip Access
Payroll solutions company CloudPay has introduced in-app digital payslip functionality. “Accessed via the employee experience app CloudPay NOW, the new capability allows employees to seamlessly view, manage, and download their...
June 10, 2024
Citi Adds Real-Time Funding to Treasury Offerings
Citi introduced Real-Time Funding (RTF), part of its real-time treasury solutions for corporate customers. “Citi RTF enables the automated movement of funds between cross-border accounts based on predefined rules set...
June 10, 2024
Chief Architecture Officer? CFOs Learn to Design Business Growth
Today’s chief financial officers have evolved from back-office accountants to financial architects. And, given the dynamism of today’s business landscape, the transformation of the finance function couldn’t be happening at...
June 07, 2024
Report: SEO Firm Yext Considering Sale After Attracting Takeover Interest
Search engine optimization (SEO) firm Yext is reportedly considering a sale. The company has hired investment bankers after attracting takeover interest, Reuters reported Friday (June 7), citing unnamed sources. It is...
June 07, 2024
Synapse Bankruptcy Trustee Finds $85 Million ‘Shortfall’ Amid Tangled Web...
Former Federal Deposit Insurance Corp. Chair Jelena McWilliams will present her initial findings as trustee of Synapse’s Chapter 11 bankruptcy case Friday afternoon (June 7). Ahead of the hearing, a...
June 07, 2024
5 Ideas to Transform Cross-Border Commerce With Blockchain Solutions
Cross-border payments innovations are turning global growth frictions into modern fictions. Or, at least, they are working on it. Ripple and Clear Junction announced Wednesday (June 5) that they partnered...
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.