Back in 2019 — a lifetime ago, before the pandemic uprooted everything — PYMNTS published a report titled “The Trade Credit Dilemma,” spotlighting the $3.1 trillion U.S. firms were owed on any given day. Receivables are what’s owed, and what ideally should be spun by...
Nuvo has added business credit reports and business principal credit reports from Equifax to its trade credit management platform for B2B sellers. This addition will streamline customer onboarding, underwriting and credit approval processes for businesses that extend trade credit, the companies said in a Wednesday...
TreviPay added a new self-financing option and enhanced payment application features to its B2B payments and invoicing network. The new features are designed to give sellers more control over their trade credit portfolio while using TreviPay’s platform, the company said in a Tuesday (March 26) press release. “TreviPay’s...
Allianz Trade, a provider of trade credit insurance, has launched a comprehensive payment solution designed for B2B eCommerce. The new “Allianz Trade pay” aims to bring simplicity, security, flexibility and competitiveness to the B2B eCommerce sector, the company said in a Wednesday (March 6) press...
August 10, 2023
Shawn Cunningham, managing vice president and head of Capital One’s trade credit operations, told PYMNTS in a recent interview that it’s time for companies to re-think B2B loyalty. When it comes to loyalty, he said, “most people immediately think of incentive programs. So: points, cash-back discount … that’s what we know as consumers.” But dig […]
April 01, 2020
Streamlining and fostering strategic supplier relationships is key to optimizing procurement and lowering costs. As more organizations embrace eProcurement technology, firms are looking to shrink their vendor bases to promote...
March 03, 2020
It’s not difficult for a supplier to tell when accounts receivable (AR) processes are not optimized. Late payments, invoice disputes and even fraud are all glaring red flags of AR...
January 02, 2020
Trust in B2B eCommerce is critical for both buyer and suppliers, and as more businesses demand to conduct trade online, B2B eCommerce platforms like Alibaba.com are positioning themselves as facilitators of this...
November 20, 2024
TreviPay added automated buyer onboarding to its order-to-cash (O2C) offering. With the new feature, business buyers using TreviPay’s Risk Management Platform can apply for trade credit through a dynamic self-serve application, the company said in a Wednesday (Nov. 20) press release. “Offering frictionless buyer experiences that bolster loyalty is a major component to optimizing the […]
April 25, 2024
Nuvo has added business credit reports and business principal credit reports from Equifax to its trade credit management platform for B2B sellers. This addition will streamline customer onboarding, underwriting and...
March 26, 2024
TreviPay added a new self-financing option and enhanced payment application features to its B2B payments and invoicing network. The new features are designed to give sellers more control over their trade credit portfolio...
March 06, 2024
Allianz Trade, a provider of trade credit insurance, has launched a comprehensive payment solution designed for B2B eCommerce. The new “Allianz Trade pay” aims to bring simplicity, security, flexibility and...
