PYMNTS-MonitorEdge-May-2024

commercial payments

Cards Making Gains With Commercial Payments, But Greenfield Opportunity Still is Massive
Cards Making Gains With Commercial Payments, But Greenfield Opportunity Still is Massive
November 22, 2024  |  B2B Payments

The death of the paper check may be a ways off — certainly that’s the case with B2B transactions. In interviews with PYMNTS, executives have...

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Main Street Lending Program Borrowers Challenged by High Interest Rates
Main Street Lending Program Borrowers Challenged by High Interest Rates
November 22, 2024  |  Loans

The Federal Reserve’s pandemic-era Main Street Lending Program reportedly had $1.23 billion in interest and principal payments in default as of Oct. 31. The program...

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Ingo Payments CEO Takes Aim at ‘FBO Account and Move On’ Mentality in Payments
Ingo Payments CEO Takes Aim at ‘FBO Account and Move On’ Mentality in Payments
November 22, 2024  |  B2B Payments

For the longest time, moving money for business or consumer purposes was a manual, analog affair. In some quarters, it still is. But for the...

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Adyen to Support Global Expansion of Spendesk’s Spend Management Platform
Adyen to Support Global Expansion of Spendesk’s Spend Management Platform
November 21, 2024  |  Partnerships

Spendesk aims to strengthen its offer in core markets and support the global growth of its spend management platform for medium-sized businesses with the help...

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Mastercard and Fundbot Team to Speed B2B Payment Flows
Mastercard and Fundbot Team to Speed B2B Payment Flows
November 21, 2024  |  B2B Payments

Mastercard has joined forces with Fundbot, a United Arab Emirates (UAE)-based supply chain financing FinTech. The collaboration, announced in a news release Thursday (Nov. 21),...

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Intuit Adds Generative AI-Powered Financial Assistant to QuickBooks
Intuit Adds Generative AI-Powered Financial Assistant to QuickBooks
November 21, 2024  |  artificial intelligence

Intuit has added a generative artificial intelligence (AI)-powered financial assistant to QuickBooks. The new Intuit Assist for QuickBooks is designed to help small and medium-sized...

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This Week in B2B: Simplicity, Automation and Blockchain (Yes, Blockchain)
This Week in B2B: Simplicity, Automation and Blockchain (Yes, Blockchain)
November 21, 2024  |  News

The contemporary B2B landscape is being reshaped by a seismic shift toward automation and simplification. Companies are ditching clunky, manual processes in favor of sleek,...

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Mastercard and J.P. Morgan Partner on Blockchain-Based B2B Payments
Mastercard and J.P. Morgan Partner on Blockchain-Based B2B Payments
November 21, 2024  |  Blockchain

Complexity is frequently the default setting for business-to-business (B2B) payments, particularly cross-border ones. But the industry is moving toward greater simplicity and automation with the...

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Boost: Simplicity in B2B Payments Means Making Innovation Work for Suppliers
Boost: Simplicity in B2B Payments Means Making Innovation Work for Suppliers
November 21, 2024  |  B2B Payments

True digital transformation in B2B payments requires more than just new technology. It demands an understanding of both sides of the transaction and the ability...

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