PYMNTS

OCTOBER 23, 2017

TransCard CEO Greg Bloh knows that paper checks are a sticky challenge in B2B payments. It presents major opportunities in the B2B payments space, the executive of the corporate payments company added. That doesn’t mean B2B payers and payees should be complacent in sticking with the paper check, though.

B2B 45

B2B Payee ACH Payer 45

PYMNTS

SEPTEMBER 12, 2019

The paper check continues to be a prominent — and, in many cases, dominant — payment method in B2B transactions. PYMNTS research released last October in the “ Bringing Corporate Payments Out of the Dark Ages ” webinar revealed 64 percent of B2B payments are made with checks, despite consumer payments’ acceleration toward electronic tools.

AFP 51

AFP Checks ISO 20022 Cross-Border 51

PYMNTS

JUNE 13, 2019

Popular use cases that have emerged in recent years include blockchain’s potential to securely transmit remittance data along with payments in cross-border B2B transactions, enable companies to use smart contracts to enforce business agreements in B2B trade and mitigate the risk of fraud in supply chain transactions.

Blockchain 73

Blockchain Distributed Ledger Technology (DLT) Participant Use Case 73

PYMNTS

MARCH 3, 2020

In a B2B relationship , establishing a new customer comes with a trove of complexities, from underwriting the client for credit, to establishing payment terms, to mitigating fraud risk. A Trusted Relationship. The Outsourcing Decision.

Accounts 74

Accounts Underwriting Reconciliation Credit Limit 74

PYMNTS

AUGUST 7, 2018

Formerly known as the Remittance Coalition, the Federal Reserve Bank of Minneapolis’ Business Payments Coalition is relying on corporate collaboration to promote the adoption of electronic B2B payments. The concept of a B2B payments directory isn’t new. However, in its “ Strategies for Improving the U.S.

B2B 40

B2B Federal Reserve Payee Payer 40

PYMNTS

OCTOBER 1, 2019

Payments company Discover has entered a new partnership with source-to-pay solution provider JAGGAER to power B2B payments on the JAGGAER ONE procurement platform. The vendors, meanwhile, can have access to more detailed remittance data. In a press release issued Tuesday (Oct. billion, including debt.

Commercial Card 51

Commercial Card Remittance Data Payments Reconciliation 51

PYMNTS

OCTOBER 2, 2019

As payments giants like Visa and Mastercard shift the innovation spotlight onto B2B transactions, developers of new accounts payable solutions are ushering in a growing trend: designing payment tools not just for the payer, but for the B2B supplier as well. Vroozi Pay Eyes Vendor Relations. Boost Payment Solutions Expands Globally.

Commercial Card 52

Commercial Card Innovation Payer B2B 52

PYMNTS

MARCH 28, 2017

Adoption of virtual cards in B2B payments is gradually increasing as companies take to the greater security and convenience of the tool. Today (March 28), B2B payments and invoicing platform Viewpost announced a partnership with Visa to allow businesses using the portal to pay suppliers with virtual cards. It’s a win-win.

Push-to-Card 51

Push-to-Card B2B Payments Commercial Card 51

PYMNTS

NOVEMBER 13, 2019

The strategic collaboration aims to improve cash flow and automate the exchange of remittance data while improving operational efficiency for both buyers and suppliers. Morgan commercial card clients and their suppliers can now benefit from automated payment processing and remittance posting,” said J.P. It will serve J.P.

Automation 43

Automation Commercial Card Enrollments FinTech 43

PYMNTS

NOVEMBER 13, 2019

The strategic collaboration aims to improve cash flow and automate the exchange of remittance data while improving operational efficiency for both buyers and suppliers. Morgan commercial card clients and their suppliers can now benefit from automated payment processing and remittance posting,” said J.P. It will serve J.P.

Automation 43

Automation Commercial Card Enrollments FinTech 43

PYMNTS

DECEMBER 5, 2019

The creation of credit card infrastructure 60 years ago initially had the consumer in mind, but recent history has shown that investments in card technology are capturing a greater share of the B2B payments market. Tackling Supplier Misconceptions.

Faster Payments 53

Faster Payments Commercial Card ACH Payments 53

PYMNTS

MARCH 16, 2016

“It is quite clear from the initial engagements that we have had that we need to do a much better job of marketing and getting the narrative out,” said the NY Fed’s executive vice president and head of the wholesale product office, Richard P.

ISO 20022 40

ISO 20022 ISOs Message Standards Cross-Border 40

PYMNTS

NOVEMBER 5, 2018

5) announced the launch of the Billtrust Business Payments Network (BPN), an open buyer/supplier payments platform that Billtrust CEO Flint Lane said will do what other B2B payment platforms have struggled to do: put paper checks on the path to extinction by streamlining and digitizing payments between businesses — and doing it at scale.

B2B 78

B2B Checks Push-to-Card Payments 78

PYMNTS

JULY 1, 2019

According to the new Smarter Payments Tracker , cross-border business-to-business (B2B) payments generated approximately $125 billion in revenue last year, a figure that continues to grow as the economy becomes more global. At the same time, [we will be] able to learn from our participation and accelerate our other blockchain projects.”.

Cross-Border Payments 84

Cross-Border Payments Cross-Border Blockchain SWIFT 84