From a lack of supplier acceptance of electronic payments to outdated infrastructure within accounts payable (AP) departments, the B2B payments ecosystem still has much room for improvement on multiple fronts. Moving the needle in the journey away from paper checks isn’t a one-sided battle, either....
When B2B order-to-cash technology provider Billtrust announced the launch of its Business Payments Network (BPN) in late-2018, it was a solution designed to tackle one of the largest hurdles in B2B payments that remains today: managing all of the data and workflows required to achieve...
Commercial payments company WEX has announced a partnership with order-to-cash solution provider Billtrust in an effort to address accounts payable (AP) friction for its clients. In a press release on Tuesday (Nov. 19), Billtrust said WEX is joining its Business Payments Network (BPN). The partnership...
Innovation in the accounts payable (AP) space continues to expand, with FinTechs looking to capture their piece of a growing market driven by businesses’ desire to digitize their operations. AP automation is a popular target of corporates’ digitization strategies today, and according to new data...
August 05, 2019
Paper dominates B2B processes, and manual labor, too. The road to getting suppliers paid is not a straight one. Visa's Taira Hall, vice president of U.S. Partnerships and New Initiatives, tells Karen Webster the BPN platform launched with Billtrust, newly joined by JPMorgan, speeds B2B payments down a tech-driven highway and gives suppliers choice in how they get paid.
July 31, 2019
Visa and Billtrust are announcing a major new user for their Business Payments Network (BPN) as of today (July 31). JPMorgan has announced it will use the service to streamline the delivery of electronic B2B payments for its commercial card clients. Launched jointly last November by Visa and Billtrust, the BPN is an open buyer/supplier […]
