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.

Cornerstone and Traxo Join Forces on Corporate Travel Management
Cornerstone and Traxo Join Forces on Corporate Travel Management
August 11, 2023  |  Commercial Payments

Cornerstone Information Systems and Traxo have joined forces to modernize corporate travel management. Cornerstone, a global leader in managing travel and expense operations, has made a strategic investment...

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Business Travel Looks to Take Flight With Cloud Benefits
Business Travel Looks to Take Flight With Cloud Benefits
August 11, 2023  |  B2B Payments

It has been a failure to launch for business travel coming out of the pandemic. The year 2019 is still the one to beat from...

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MercadoLibre Announces CFO Transition Amid ‘New Phase of Growth’
MercadoLibre Announces CFO Transition Amid ‘New Phase of Growth’
August 11, 2023  |  Personnel

MercadoLibre has appointed a senior vice president, Martín de los Santos, as its new chief financial officer (CFO). He succeeds Pedro Arnt, who left to pursue new opportunities...

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Visa Says CFOs See Digital Payments Solutions Through Working Capital Lens
Visa Says CFOs See Digital Payments Solutions Through Working Capital Lens
August 11, 2023  |  Commercial Payments

Back in the darkest days of the pandemic, Visa struck a partnership with Conferma Pay to integrate the payment network’s virtual cards into the latter’s...

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Business Travel Costs Expected to Keep Climbing
Business Travel Costs Expected to Keep Climbing
August 10, 2023  |  Travel Payments

Global business travel and events costs are expected to keep climbing through the remainder of 2023 and into 2024. However, lingering economic uncertainty and a...

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Visa Expands Conferma Pay Partnership to Boost B2B Payments
Visa Expands Conferma Pay Partnership to Boost B2B Payments
August 10, 2023  |  B2B Payments

Visa has expanded its partnership with Conferma Pay to enhance its B2B payment offerings. The new collaboration, announced Thursday (Aug. 10), is centered around Visa Commercial Pay, the...

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Suppliers Recast the Definition of B2B Loyalty
Suppliers Recast the Definition of B2B Loyalty
August 10, 2023  |  B2B Payments

Shawn Cunningham, managing vice president and head of Capital One’s trade credit operations, told PYMNTS in a recent interview that it’s time for companies to...

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Virtusa and Thought Machine Launch Customer Onboarding Platform
Virtusa and Thought Machine Launch Customer Onboarding Platform
August 09, 2023  |  Partnerships

Virtusa and Thought Machine have teamed up to launch a platform that helps financial institutions onboard small- to medium-sized businesses (SMBs). The new SME Customer Onboarding Platform is designed to...

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Ordway and Exact Payments Partner to Streamline Billing and Payments
Ordway and Exact Payments Partner to Streamline Billing and Payments
August 09, 2023  |  Partnerships

Ordway, a billing and revenue automation platform for scaling Software-as-a-Service (SaaS) companies, has partnered with embedded payments provider Exact Payments. The collaboration aims to deliver an all-in-one billing...

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