Payment gateways might be thought of as the workhorses of fund flows, whether it’s for B2B or consumer-facing transactions. It’s the technology that gets payment data moving. But with the emergence of new technologies — particularly APIs and payments automation — gateways can be used...
Digital transformation is a one-way street and a two-way journey — particularly within B2B. Embracing innovation is a one-way exercise in that businesses that realize the benefits of leaving paper-based and manual processes behind rarely pull a U-turn and pick those error-prone and friction-filled solutions...
Boost Payment Solutions has introduced a solution that allows enterprise buyers to use their existing U.S.-issued commercial cards to pay suppliers in more than 180 countries. The new Boost 100XB also enables financial institutions and program managers who issue commercial cards on U.S.-based BINs to expand the...
The rise of business-to-business (B2B) eCommerce platforms is having a big impact on payments as well as buyer-supplier relationships. These online platforms have shifted transactions from paper-based processes and checks to the digital realm, enabling embedded payments to accelerate transactions and facilitate terms for buyers...
November 18, 2024
Cross-border trade is a huge business, totaling roughly $190 trillion in 2023. Sourcing goods and services globally and establishing supply chains that transcend borders have become part of the corporate DNA. However, navigating the complexities of cross-border payments remains a challenge as businesses grapple with fluctuating exchange rates, lack of transparency and high costs tied […]
July 26, 2024
The rise of business-to-business (B2B) eCommerce platforms is having a big impact on payments as well as buyer-supplier relationships. These online platforms have shifted transactions from paper-based processes and checks...
June 06, 2024
Moving analogue and manual processes to automated, digital ones represents the future of B2B payments. That’s because, against a backdrop marked by rapid technological advancement, B2B payment systems are undergoing their...
April 18, 2024
Continuing the industry’s migration of business payments and expense management to digital platforms, Mastercard announced today (April 18) that it is bringing its commercial cards to mobile wallets. The move comes in...
September 11, 2024
Boost Payment Solutions has introduced a solution that allows enterprise buyers to use their existing U.S.-issued commercial cards to pay suppliers in more than 180 countries. The new Boost 100XB also enables financial institutions and program managers who issue commercial cards on U.S.-based BINs to expand the reach of those programs into cross-border payments, the company said […]
June 11, 2024
Forwardly has added a “pay by credit card” option to its business-to-business (B2B) payments platform. With this feature, small and medium-sized businesses (SMBs) can both accept card payments for outstanding...
May 28, 2024
Sunrate and Voxel partnered to make it easier for Voxel and its clients to scale and expand in the Asia-Pacific region. With this collaboration, Sunrate’s virtual card issuing engine will...
May 16, 2024
California-based Avidbank has tapped CorServ to help launch a new credit card program for the bank’s commercial customers. Avidbank transitioned from its previous program to CorServ’s Account Issuer program, the companies said in...
