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.

Global Rewards Taps into FinTech Galileo’s Platform
Global Rewards Taps into FinTech Galileo’s Platform
February 08, 2022  |  Partnerships

B2B payments firm Global Rewards is working with FinTech Galileo to offer its customers access to Galileo’s cloud-based technology platform and APIs. Get the Full...

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Firms That Automate Accounting Processes Cut Missing Invoices by 60%
Firms That Automate Accounting Processes Cut Missing Invoices by 60%
February 08, 2022  |  B2B Payments

The adoption of accounts payable (AP) and accounts receivable (AR) automation solutions, such as eInvoicing, digital workflows and virtual cards, can yield benefits for businesses...

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Factoring Grows Up as Truckers Pair Modern Financial Products With Faster Payments
Factoring Grows Up as Truckers Pair Modern Financial Products With Faster Payments
February 08, 2022  |  B2B Payments

When BasicBlock CEO and Co-Founder Taylor Monks has a question related to software the company develops for trucking companies, he drives to a truck stop....

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Report: FIs Use Technology to Fix B2B Invoicing, Cash Flow Frictions
Report: FIs Use Technology to Fix B2B Invoicing, Cash Flow Frictions
February 08, 2022  |  B2B Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Blackhawk Expands Partnership With Kroger for More B2B Gift Cards
Blackhawk Expands Partnership With Kroger for More B2B Gift Cards
February 07, 2022  |  Partnerships

Global payments provider Blackhawk Network is expanding its partnership with Kroger to offer prepaid Mastercard and Visa cards in bulk through its Software-as-a-Service (SaaS)-based Velocity...

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Novi Connect Notches $40M to Drive Sustainability
Novi Connect Notches $40M to Drive Sustainability
February 07, 2022  |  Investments

Novi Connect, a business-to-business (B2B) marketplace for sustainable, innovative ingredients and packaging, raised $40 million in a funding round led by Tiger Global. Get the...

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35% of Firms Still Require CEO Approval to Pay an Invoice
35% of Firms Still Require CEO Approval to Pay an Invoice
February 07, 2022  |  B2B Payments

Firms that process more than 20,000 invoices per month differ from other firms in a few ways. They are more likely to say they need...

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UK VC Firm SuperSeed Raises $41M
UK VC Firm SuperSeed Raises $41M
February 07, 2022  |  Investments

U.K. venture capital firm SuperSeed has wrapped the first closing of its new fund at 31 million pounds ($41 million) targeting a final close of...

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BNPL for Business Enables Pricey IT Investments, Helps Retain Customers
BNPL for Business Enables Pricey IT Investments, Helps Retain Customers
February 07, 2022  |  B2B Payments

While working at a tech company, Kush Kella, who is now CEO and co-founder of Vartana, was exposed to the market of hardware and software...

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