B2B Payments

The highly complex payments processes and networks that power $120 trillion in payments flows that move between businesses globally each year. The B2B Payments ecosystem is undergoing a massive digital transformation as corporates move away from paper-based processes and payments methods to digital workflows that more efficiently move money and data between trading partners. These efficiencies give corporates more visibility into their cash position across their supply chain and innovations in accounts payments and receivables are helping buyers and suppliers to align on payments terms and trade credit.
Coast Raises $40 Million to Expand Solutions for Fleet Payments
Coast Raises $40 Million to Expand Solutions for Fleet Payments
July 18, 2024  |  Investments

Coast has raised $40 million in new Series B financing to accelerate adoption of its solutions for fleet payments. The company will use the new...

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Auto Plant Closures, Hurricane Drive Increase in Initial Unemployment Claims
Auto Plant Closures, Hurricane Drive Increase in Initial Unemployment Claims
July 18, 2024  |  Economy

The number of initial claims for unemployment insurance increased by 20,000 during the week ended Saturday (July 13), driven by temporary closures of automobile plants...

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This Week in B2B: Embedded Payments, Digital Tooling, Small-Business Success
This Week in B2B: Embedded Payments, Digital Tooling, Small-Business Success
July 18, 2024  |  B2B Payments

Innovation and competition are constantly reshaping the B2B landscape. The pace of transformation has financial institutions (FIs) and corporations increasingly seeking ways to bring their...

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Visa Sees Embedded Finance as Key to B2B Commerce Evolution
Visa Sees Embedded Finance as Key to B2B Commerce Evolution
July 18, 2024  |  VISA

As businesses of all sizes across a multitude of verticals seek more efficient ways to manage payments and working capital, embedded finance is emerging as...

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Arvo Tech Raises $2.5 Million to Expand Tax Credit Platform
Arvo Tech Raises $2.5 Million to Expand Tax Credit Platform
July 17, 2024  |  Taxes

Arvo Tech has raised $2.5 million in a Series A funding round to deliver its tax strategy solution to more small and medium-sized businesses (SMBs).,...

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Simply Business Expands Workers’ Compensation Offering With Employers Partnership
Simply Business Expands Workers’ Compensation Offering With Employers Partnership
July 17, 2024  |  Insurance

Simply Business has expanded its workers’ compensation insurance offering for small businesses by partnering with workers’ compensation provider Employers. With this expansion of its offering,...

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Cloud Security 101: Treasury Releases Essential Guidelines for FIs
Cloud Security 101: Treasury Releases Essential Guidelines for FIs
July 17, 2024  |  Cloud Banking

Today’s digital landscape has transformed the operational calculus for financial institutions (FIs) and corporations. And with the news Thursday (July 17) that the U.S. Department...

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LexisNexis Unveils AI Platform for Corporate Research
LexisNexis Unveils AI Platform for Corporate Research
July 17, 2024  |  artificial intelligence

LexisNexis Legal & Professional launched its AI-powered research tool, Nexis+ AI, on Wednesday (July 17). The platform aims to transform how companies gather and analyze...

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J.P. Morgan Payments Backs B2B Payments Platform Slope
J.P. Morgan Payments Backs B2B Payments Platform Slope
July 17, 2024  |  Investments

Slope has secured $65 million in strategic equity and debt funding to scale its B2B payments platform for enterprise companies. The funding was provided by J.P....

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