Corporate Payments news and trends

3 Tips for Choosing the Right B2B Payment Method From Industry Execs
B2B Payments // August 19, 2024

Persistence should be rewarded. But when it comes to the long-standing persistence of both buyers and suppliers relying on checks for their B2B payments, there is no reward — only lost opportunity. While checks may be familiar to traditional businesses happy enough with the way...

Bank of America: CashPro App Payment Approvals Volume Up 40%
B2B Payments // July 25, 2024

Bank of America said Thursday (July 25) that the volume of corporate payment approvals completed via its mobile app for corporate and commercial banking, CashPro App, is up 40% from last year. The volume topped $500 billion in the first half of 2024 and is...

i2c and Beyon Money Launch Corporate Card Partnership
Partnerships // July 22, 2024

Digital banking/payments firm i2c has launched a partnership with Beyon Money Business. The collaboration, announced Monday (July 22), will see the firms launch a corporate expense card program for the small to midsize enterprise (SME) sector, targeting businesses in Bahrain before eventually expanding to the Gulf Cooperation Council states. “The...

Dash Solutions Integrates With Visa Direct to Enable Real-Time Payments
B2B Payments // June 11, 2024

Dash Solutions is now leveraging Visa’s digital payment network, Visa Direct, to allow Dash customers to send real-time payments. This integration is part of an expanded strategic collaboration between Dash Solutions, which is a provider of digital payment and engagement program management tools to corporate customers, and...

Interviews & Exclusives
Manufacturers See Real-Time Payments Replacing Checks

August 24, 2023
The manufacturing sector is quickly recognizing the value of real-time payments. Most manufacturers now deem real-time payments vital for business, with 61% holding this view for making payments and 65% for receiving them. PYMNTS’ latest study reveals that small manufacturers are leading the charge away from traditional payment methods and toward real-time payments. Smaller manufacturers […]

Small Insurers Lag in Adopting Real-Time Payments, but Plan a 2024 Catch Up

August 17, 2023
Insurance companies are embracing real-time payments when collecting customer premiums or receiving payments from other businesses. Even though 80% of firms use real-time payments, they account for just 16% of...

Modernized ERPs Deliver Integrated Cash Flow Fix

July 01, 2021
Enterprise resource planning (ERP) software remains a staple for many corporations as a digital hub for a variety of workflows, from payments to cash forecasting. As businesses modernize their electronic...

Suppliers Drive Focus On Taking Virtual Commercial Cards Global

March 23, 2021
Corporates continue to lower their guard against digitization, embracing electronic B2B payments as they press ahead in their modernization efforts. Over the past several months, commercial card adoption in the...

Quick Reads
Corpay Vehicle Payments Business Helps Drive Profit

November 10, 2024
The corporate and vehicle payments business has been very good to Corpay. The business payments firm’s most recent quarterly earnings, reported Thursday (Nov. 7), showed a 6% increase in adjusted profit, driven by growth in those segments. “Business fundamentals were quite good with same store sales and retention improving and sales remaining strong,” CEO Ron Clarke […]

Bank of America: CashPro App Payment Approvals Volume Up 40%

July 25, 2024
Bank of America said Thursday (July 25) that the volume of corporate payment approvals completed via its mobile app for corporate and commercial banking, CashPro App, is up 40% from...

i2c and Beyon Money Launch Corporate Card Partnership

July 22, 2024
Digital banking/payments firm i2c has launched a partnership with Beyon Money Business. The collaboration, announced Monday (July 22), will see the firms launch a corporate expense card program for the small to midsize enterprise (SME)...

Dash Solutions Integrates With Visa Direct to Enable Real-Time Payments

June 11, 2024
Dash Solutions is now leveraging Visa’s digital payment network, Visa Direct, to allow Dash customers to send real-time payments. This integration is part of an expanded strategic collaboration between Dash Solutions, which...