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.

Home Depot Continues B2B Push as Consumer Spending Pulls Back
Home Depot Continues B2B Push as Consumer Spending Pulls Back
May 14, 2024  |  Earnings

Is your refrigerator running? Rather than going to catch it, as the old prank phone call goes, Home Depot told investors during its first-quarter 2024...

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APAC Middle-Market Leaders Embrace External Financing for Growth
APAC Middle-Market Leaders Embrace External Financing for Growth
May 14, 2024  |  Loans

We are in the midst of a working capital revolution — one that is increasingly driven by innovation and made more necessary by the macroeconomic backdrop, particularly for those middle-market firms...

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Access Group to Acquire AP Automation Provider Lightyear
Access Group to Acquire AP Automation Provider Lightyear
May 13, 2024  |  Acquisitions

Business management software provider the Access Group agreed to acquire accounts payable (AP) automation provider Lightyear. Subject to regulatory reviews, the acquisition will extend the Access Group’s enterprise resource planning...

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Expensify Adds Unlimited Virtual Cards to Spend Management Platform
Expensify Adds Unlimited Virtual Cards to Spend Management Platform
May 13, 2024  |  B2B Payments

Expensify has added unlimited virtual cards to its spend management platform. With the new Expensify Visa Commercial Card, businesses can manage all their expenses across...

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Corporate Bankruptcies Hit Highest Level in Since April 2023 Amid High Interest Rates
Corporate Bankruptcies Hit Highest Level in Since April 2023 Amid High Interest Rates
May 12, 2024  |  Economy

U.S. corporate bankruptcies reached their highest level in a year in April. That’s according to a Sunday (May 12) report by Seeking Alpha, citing data...

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Instant B2B Payments Reshape Buyer-Supplier Dynamics
Instant B2B Payments Reshape Buyer-Supplier Dynamics
May 10, 2024  |  B2B Payments

The B2B payments landscape is uniquely large, and largely unique. Responsible for around $125 trillion in annual volume, the B2B payments marketplace is defined by...

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IBM Launches Service to Help Enterprises Add GenAI Copilots
IBM Launches Service to Help Enterprises Add GenAI Copilots
May 10, 2024  |  artificial intelligence

IBM has introduced a new service that will help enterprises integrate generative artificial intelligence (AI) copilots into their organizations. Offered by IBM Consulting, the new IBM Copilot Runway will assist...

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Wells Fargo Launches Business Credit Card With Cash Rewards
Wells Fargo Launches Business Credit Card With Cash Rewards
May 10, 2024  |  B2B Payments

Wells Fargo has launched a business credit card designed to provide easy-to-understand cash rewards. The new Signify Business Cash Worldwide Elite Mastercard offers unlimited 2% cash rewards on...

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PhotonPay and Discover Partner on Commercial Card for Cross-Border Businesses
PhotonPay and Discover Partner on Commercial Card for Cross-Border Businesses
May 10, 2024  |  B2B Payments

Hong Kong-based global payment platform PhotonPay and Discover Global Network have partnered to launch a new commercial card designed for cross-border businesses. With this collaboration,...

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