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.

CADDi Raises $89 Million to Expand Procurement Platform and Cloud Service
CADDi Raises $89 Million to Expand Procurement Platform and Cloud Service
July 05, 2023  |  Supply Chain

CADDi has raised $89 million in Series C funding for its solutions for the manufacturing sector. The company will use the new funding to enhance the...

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IFC and Thai Credit Partner to Help Small Businesses
IFC and Thai Credit Partner to Help Small Businesses
July 05, 2023  |  Partnerships

International Finance Corporation (IFC) and Thai Credit Retail Bank have partnered to help small businesses in Thailand. As a global development institution that is a member of...

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BP Begins Rollout of Digital Payments Solution for Fleets
BP Begins Rollout of Digital Payments Solution for Fleets
July 05, 2023  |  B2B Payments

BP has begun its rollout of a digital payments solution for fleets. The energy company’s new BP In-Truck Connect is being launched in the United Kingdom with Mercedes-Benz...

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Meta Platforms and nsKnox Partner on B2B Payment Security
Meta Platforms and nsKnox Partner on B2B Payment Security
July 05, 2023  |  B2B Payments

Meta Platforms has selected nsKnox to ensure B2B payment security. nsKnox, a provider of global bank account validation and B2B payment security, and its PaymentKnox for Accounts Payable (AP)...

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Vestas Partners With Mangopay to Enhance Payment Solutions for Covento
Vestas Partners With Mangopay to Enhance Payment Solutions for Covento
July 05, 2023  |  Partnerships

Vestas has partnered with Mangopay to further refine the payment solutions for its B2B renewable energy technologies marketplace, Covento. Covento Chief Commercial Officer Casper Algren said the payment experience is an...

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Citi Says AI Will Personalize Treasury and Power Data-Readiness Teams
Citi Says AI Will Personalize Treasury and Power Data-Readiness Teams
July 05, 2023  |  Artificial Intelligence

We are increasingly living in a data-driven economy, and businesses must keep up if they want to stay alive, much less compete. In today’s new...

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Flipkart-Owned Ekart Launches B2B Transportation Solutions Across India
Flipkart-Owned Ekart Launches B2B Transportation Solutions Across India
July 03, 2023  |  Supply Chain

Ekart has launched B2B air and surface transportation solutions for businesses in India. The Flipkart Group-owned supply chain network can now move goods throughout India...

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Bluegrass Supply Chain Deploys Locus Autonomous Mobile Robots
Bluegrass Supply Chain Deploys Locus Autonomous Mobile Robots
July 03, 2023  |  Technology

Bluegrass Supply Chain has partnered with Locus Robotics to deploy advanced automation technology. The third-party/contract logistics provider is now using Locus Robotics’ autonomous mobile robots...

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ABN AMRO Bank Deploys Trade Finance Automation Solution From CBA
ABN AMRO Bank Deploys Trade Finance Automation Solution From CBA
July 03, 2023  |  B2B Payments

ABN AMRO Bank has gone live with a Commercial Banking Applications (CBA) solution for trade finance processes. The Dutch bank is now using the latest...

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