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.

Simplicity Defines Success For Cross Border B2B Marketplaces
Simplicity Defines Success For Cross Border B2B Marketplaces
March 16, 2021  |  B2B Payments

As the digital-first economy continues to integrate into the lives of consumers, some geographical differences are starting to show. AsiaPac continues to drive mobile payments...

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upSWOT Raises $4.3 Million Toward SMB Banking Help
upSWOT Raises $4.3 Million Toward SMB Banking Help
March 15, 2021  |  Banking

FinTech platform upSWOT, which works to help financial institutions service small- to medium-sized businesses (SMBs), has come off a seed round with $4.3 million, a...

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Novo Rolls Out Invoicing, Budgeting With SMB Banking Offering
Novo Rolls Out Invoicing, Budgeting With SMB Banking Offering
March 15, 2021  |  B2B Payments

Small business banking platform Novo has introduced new capabilities to help small firms throughout the U.S. better monitor and control their funds, according to a...

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Batumbu Approved For Digital Financing License
Batumbu Approved For Digital Financing License
March 15, 2021  |  B2B Payments

Batumbu, the Indonesian subsidiary of Southeast Asia-based small business financing platform Validus, has now been approved as a licensed digital financing platform, according to a...

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DBS Conducts Trade Transaction On Trusple Blockchain System
DBS Conducts Trade Transaction On Trusple Blockchain System
March 15, 2021  |  B2B Payments

DBS closed a trade financing transaction valued in excess of $40,000 on AntChain’s Trusple international trade and financial services system. The deal was closed for...

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Banks’ Outlook Improves As Economy Bests Worst-Case Forecasts
Banks’ Outlook Improves As Economy Bests Worst-Case Forecasts
March 15, 2021  |  Banking

Banks set aside billions of dollars to cover expected losses due to the economic collapse triggered by the pandemic. But the worst-case scenarios did not...

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Today In B2B: Plaid Pairs With Codat On SMB Loans; Vietcombank Digitizes Corporate Banking
Today In B2B: Plaid Pairs With Codat On SMB Loans; Vietcombank Digitizes Corporate Banking
March 15, 2021  |  B2B Payments

Today in B2B payments, Plaid announces a collaboration to strengthen its presence in the small business lending market, while Jeal launches a B2B eCommerce site...

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Why The Entertainment Industry Called ‘Cut’ On Manual Payroll
Why The Entertainment Industry Called ‘Cut’ On Manual Payroll
March 15, 2021  |  B2B Payments

With film sets and other entertainment projects forced to yell “cut” amid pandemic lockdowns, many players across the industry were given a moment to pause...

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Payroll Diversion, Supply Chain Crime Raise B2B Payment Fraud Alerts
Payroll Diversion, Supply Chain Crime Raise B2B Payment Fraud Alerts
March 15, 2021  |  B2B Payments

Criminals are creative, and when it comes to corporate payments, there are a plethora of ways scammers can infiltrate a transaction workflow to steal not...

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