B2B payments used to be defined by paper and processes. However, as the digitization of commercial payments continues, B2B payments are being defined by their workflows and data – both of which are increasingly the target of disruptive innovations capable of automating away rote work...
Virtual cards promise a revolution in B2B payments, offering efficiency and certainty in transactions, yet their adoption remains stymied by a critical bottleneck: suppliers’ reluctance to accept them. Despite a clear economic advantage, the uptake is far from the potential growth projected on the horizon,...
The world of regular payments frequently leads the business-to-business (B2B) payments landscape in leveraging innovation. That’s why, with the news last week (May 15) that Visa is launching a suite of disruptive new products and services built for the entire payments ecosystem, forward-thinking enterprises are already starting to...
The B2B landscape is responsible for around $125 trillion of annual money movement. And those B2B payments are working overtime in the background to power much of the world’s economy. But even two decades and a handful of years into the 21st century, much of that...
May 07, 2024
Virtual cards are at a tipping point. That’s the sentiment expressed by several finance leaders in the B2B space, as the current environment of stubborn inflation and strict access to capital affects the payment needs of every company, especially the middle market. When access to working capital is paramount, virtual cards can provide an element of security […]
April 30, 2024
The financial services industry tends to think at opposite ends of the spectrum when it comes to business customers. Solutions providers, banks and credit card companies tend to pay a lot of...
April 23, 2024
Management guru Peter Drucker once said that “wherever you see a successful business, somebody made a courageous decision.” That’s the spirit behind the Certainty Project, a study from PYMNTS Intelligence highlighting...
February 12, 2018
Can the business model that’s kept the wheels of retail payments and commerce moving for the last six decades turn the whole notion of SMB trade finance on its head?...
May 24, 2022
London FinTech startup Previse closed the first phase of its Series B funding round, with $18 million earmarked to expand its offering of working capital finance solutions for small- and medium-sized businesses (SMBs). The funding round was led by Tencent, with participation from existing investors, including Augmentum Fintech and Reefknot, according to a press release […]
October 18, 2021
Mastercard and British artificial intelligence-powered payments FinTech company Previse have joined forces on the integration of Mastercard Cross-Border Services, according to a Monday (Oct. 18) press release. The collaboration enables funds to...
