Fintech News

NOVEMBER 20, 2024

A focus on Southeast Asia Founded in 2017 and headquartered in Shanghai, XTransfer is a business-to-business (B2B) cross-border payment specialist. But in B2B payments, the size of that market is much larger, ten times larger than business-to-consumer (B2C).” Moreover, customer acquisition is more difficult in B2B.

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Cross-Border Payments Cross-Border B2B Due Diligence 131

PYMNTS

NOVEMBER 17, 2020

When it comes to global B2B procurement, nothing is simple. Does it do so by old-school wire transfer? The Track BPS is an evolution from the strategy of owning the underlying rails upon which money moves, according to James Anderson , executive vice president of Global Commercial and B2B Solutions. Maybe ACH ?

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B2B Visa Cross-Border ACH 128

PYMNTS

NOVEMBER 17, 2020

Compared to their direct-to-consumer (D2C) counterparts, the heavy-lifting, hardworking B2B businesses of the world have always been chided for being a few clicks behind when it comes to embracing and investing in payments technology. B2B historically has been pretty behind, especially around payments,” Prados said. Social Commerce.

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B2B Automation Cross-Border Wire Transfer 108

PYMNTS

MAY 20, 2020

FinTech software vendor IntegriDATA has announced a new integration between its CashWire system and Workday Financial Management, which the company says will help to speed up B2B payments by allowing the automatic generation of wire transfers.

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Wire Transfer Wire Wires Payment APIs and Integration 58

Paystand

MAY 21, 2024

Online B2B payment platforms have the substantial advantage of offering customers many payment methods. However, two stand out regarding security, convenience, and cost-effectiveness: wire transfer and direct deposit.

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Wire Transfer Direct Deposit Wire Wires 52

PYMNTS

OCTOBER 10, 2018

When it comes to business-to-business (B2B) transactions, paper checks are often the villain, cards an expensive but quick underdog, and ACH and its non-U.S. Rarely does the wire transfer come into play as an exciting, innovative payment rail ready to disrupt cross-border B2B payments.

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Wire Transfer Wire Wires Cross-Border 46

PYMNTS

OCTOBER 1, 2020

The seamless benefits of smart bank transfer can reduce cash management for cannabis firms, for example, contended Muller. Large B2B wholesalers, distributors, cultivators delivery platforms are all transacting in large amounts of cash.”. That’s really where we see ourselves in B2B.”.

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B2B Underserved Wire Transfer Payments 108

Stax

APRIL 10, 2025

An ACH transfer is an electronic movement of funds from one bank account to another via the ACH (automated clearing house) network, while a wire transfer uses a secure network like SWIFT (Society for Worldwide Interbank Financial Telecommunication) or Fedwire (Federal Reserve Wire Network) to initiate the movement of funds.

Small Business 88

Small Business Wire Transfer BNPL ACH 88

PYMNTS

JANUARY 13, 2020

As Travelex works to regain control of its systems, restore operations and mitigate any future fallout from the incident, the cyberattack is yet another reminder that one company’s cyber vulnerabilities can have far-reaching effects throughout the B2B supply chain.

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B2B Wire Transfer FBI Cybersecurity 89

PYMNTS

NOVEMBER 2, 2020

To remove the frictions inherent in B2B transactions, there will be no one rail to rule them all to connect corporates as they transact. The conversation marked the capstone of a month-long series of panels and individual interviews with a range of companies as part of PYMNTS’ deep dive into the state — and future — of B2B.

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B2B Cross-Border Digital Currency Multi-Currency 119

PYMNTS

DECEMBER 1, 2020

Last year saw 68 percent of companies using wire transfers to transact with international business partners, but more firms are now regarding this approach as too friction-heavy. Alibaba On Digitizing Cross-Border B2B Payments. Around The Business Digitization Space. Check out the Playbook to read the full story.

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Cross-Border B2B Cross-Border Payments Wire Transfer 87

Stax

MARCH 14, 2024

During the 2020s, almost all businesses will have been looking at b2b payments processing solutions to meet changing consumer needs. But what about in the business-to-business (B2B) sector? Industry data shows that the B2B payments landscape is rather diverse. Learn More What are B2B Payments? Not sure where to start?

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B2B Process B2C Credit Cards 88

PYMNTS

OCTOBER 22, 2018

Visa has announced new product details in anticipation of the first quarter 2019 launch of its new cross-border B2B payments solution B2B Connect. B2B Connect will facilitate payments for financial institutions for a variety of industry verticals, including supply chain, trade, institutional banking and more.”. “B2B

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B2B Cross-Border Wire Transfer Facilitators 76

PYMNTS

JUNE 13, 2019

Visa and Mastercard each made headlines in the payments infrastructure and cross-border realms, eyeing digital payments and B2B payments. As reported earlier in the week, Visa launched B2B Connect , a network focused on enabling financial institutions (FIs) to help their clients make B2B payments across borders.

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B2B Distributed Ledger Technology (DLT) Cross-Border Cross-Border Payments 75

The Fintech Times

JANUARY 13, 2025

However, despite these benefits, only a small percentage of supplier payments are made via virtual cards, according to survey participants, with wire transfers remaining the dominant method. One example of a solution like this is Taulias Virtual Cards.

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Visa Due Diligence Wire Transfer Direct Deposit 59

PYMNTS

NOVEMBER 13, 2020

The cross-border B2B payments space experienced a small drop in growth during the first half of 2020 due to the COVID-19 pandemic’s effects, but it is expected to continue expanding despite this hiccup. Many firms still process cross-border transactions through wire transfers. Exacerbating Old Challenges .

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Cross-Border Wire Transfer B2B Wire 64

PYMNTS

NOVEMBER 27, 2020

The B2B payments world is changing fast due to both the increased adoption of digital payment methods over the past several years and the economic upheaval brought on by the COVID-19 pandemic. Approximately $25 trillion in payments flows between American businesses annually, and B2B payments total $120 trillion globally.

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API B2B Transactions Instant Payments 95

PYMNTS

OCTOBER 8, 2020

To that end, in Europe, Czech firm Nulisec has debuted an online B2B marketplace focused on European retailers — geared toward improving sales and procurement processes. Payments happen outside the marketplace and are done between supplier and buyers via wire transfers. “We

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B2B Point-of-Sale (POS) Wire Transfer B2C 78

Fintech Finance

MAY 10, 2024

Zil US , a leading B2B payment platform, enables Austrian entrepreneurs and freelancers to easily pay US vendors and others worldwide. Businesses can make fast and cost-effective transfers through ACH, mailed checks, and wire transfers.

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Facilitators Transactions Wire Transfer Cross-Border 105

Paystand

OCTOBER 28, 2024

Table of Contents The current state of B2B payments Pros of accepting credit cards for B2B transactions Cons of Accepting Credit Cards for B2B Transactions What are 5 disadvantages of a credit card? High Fees: Credit card processing fees (around 3%) can impact profit, especially on large B2B transactions.

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Credit Cards B2B Wire Transfer Wire 52

Clearly Payments

OCTOBER 31, 2024

Europe’s Dominance : In Europe, 36% of all online transactions are completed via bank transfer systems like SEPA and iDEAL. Trust Factor : Bank transfers offer high security with lower transaction fees, making them popular for large transactions in the B2B sector, accounting for 40% of B2B payments in the EU.

Online and Mobile Banking 98

Online and Mobile Banking RTP BNPL Debit Card 98

PYMNTS

OCTOBER 24, 2016

But late last week, Visa announced that it will be rolling out Visa B2B Connect, a platform for banks to make payments and settle funds across borders using Chain Core, the blockchain infrastructure developed by Chain. But Ludwin tells PYMNTS that those doubts may really not be as big as they seem. “Will there be a change?

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Blockchain B2B Real Time Payments Payer 77

PYMNTS

NOVEMBER 2, 2016

Avinode announced its solution to that point of friction this week with the launch of PayNode, a payment service provider designed for the aviation industry with a particular focus on private B2B charters. Henriksson pointed to the high value of these transactions that makes the payments part of the B2B charter space even more challenging.

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B2B Wire Transfer Payments Wire 66

Clearly Payments

JANUARY 14, 2025

ACH & Bank Transfers Some businesses, especially those in B2B (business-to-business) sectors, rely on bank transfers like ACH payments or wire transfers. About 30% of the surveyed businesses said they regularly accept payments through direct bank transfer.

Online and Mobile Banking 105

Online and Mobile Banking Processors Payments Debit Card 105

PYMNTS

FEBRUARY 2, 2021

The B2B commerce arena is moving online at record speed as more business buyers seek to procure products and services the way they do in their personal lives. But, he said, the company’s B2C platform was not equipped to handle the unique needs of B2B commerce. A Growing Demand. A Hybrid Approach.

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B2B B2C Wire Transfer Adjustments 68

PYMNTS

NOVEMBER 5, 2018

According to the firm, B2B transactions were a key driver of ACH transaction growth in the third quarter of the year, leading NACHA Chief Operating Officer Jane Larimer to describe the ACH Network as “thriving.”. ACH may be the most popular ePayments rail option for B2B transactions in the U.S. today, but it’s not the only one.

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Small Business Same Day ACH Wire Transfer NACHA 68

Nanonets

SEPTEMBER 28, 2023

​When it comes to b2b payments, there are a lot of different options and methods out there. That's why we've put together this comprehensive guide to making b2b payments. We'll cover everything from the different types of b2b payment methods to how to choose the right one for your business.

B2B 52

B2B Wire Transfer ACH Wire 52

Nanonets

SEPTEMBER 28, 2023

​When it comes to b2b payments, there are a lot of different options and methods out there. That's why we've put together this comprehensive guide to making b2b payments. We'll cover everything from the different types of b2b payment methods to how to choose the right one for your business.

B2B 52

B2B Wire Transfer ACH Wire 52

PYMNTS

OCTOBER 8, 2018

B2B payments innovators and Warren Buffet have something in common: They are both obsessed with rails. Making B2B Payments Rails Hot. Today, a host of innovators are making B2B payments rails sexy again too. Last Thursday in New York, we had that debate, live, as part of the closed-door B2B Payments Summit hosted by PYMNTS.

B2B 76

B2B Same Day ACH Payments ACH 76

PYMNTS

FEBRUARY 21, 2020

In a market ecosystem where Instagram influencers are a new norm in advertising, and where corporate sponsorships are diversifying throughout the digital ether, businesses’ vast network of strategic B2B partnerships is getting even bigger, and more complex. From Discovery To Payment. Slashing The AP Ambiguity.

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B2B Process Automation Payments 65

PYMNTS

JANUARY 8, 2021

Among other topics extensively reported, PYMNTS' latest Global B2B Payments Playbook , done in collaboration with Worldpay B2B Payments , zeroes in on international B2B payments friction, and how digital invoicing and payments are making it easier for B2B funds to cross borders. B2B, Consumer Payments Experiences Merging.

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Cross-Border B2B Automation Cross-Border Payments 61

PYMNTS

AUGUST 12, 2020

When it comes to B2B payments, plenty of pain points also mean plenty of opportunity for solution providers, although no single payment technology could possible combat every B2B payment challenge today. based B2B payment solution provider that expanded into North America this year with its prepaid commercial card tools.

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B2B Push-to-Card Direct Deposit Payments 67

PYMNTS

NOVEMBER 26, 2020

Business-to-business (B2B) payment practices are undergoing some of the most notable shifts as corporate buyers and sellers seek new transaction methods and tools to help them pay and be paid quickly. Companies are making significant changes during the COVID-19 pandemic as they work to move past its disruptions and restore smooth operations.

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B2B Wire Transfer Payments Automation 67

PYMNTS

SEPTEMBER 1, 2017

Cloud accounting company Acuity is teaming up with corporate payments firm Veem (formerly known as Align Commerce) to streamline cross-border B2B payments. 31) and said Veem will now link its B2B clients to Acuity’s accounting services, while Acuity will integrate Veem’s international wire transfer solutions directly in its platform.

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Wire Wires B2B Wire Transfer 43

Trade Credit & Liquidity Management

APRIL 16, 2025

From a Press Release Dated April 15, 2025, New York, NY Instacart Business has partnered with Balance, a B2B financial infrastructure provider, to launch an embedded invoicing and pay-by-invoice solution directly within the Instacart platform.

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B2B Wire Transfer Risk Assessment Credit Cards 52

PYMNTS

OCTOBER 25, 2016

According to The Wall Street Journal , the company recently rolled out a new technology aimed at taking on a new market by offering international B2B payments. According to WSJ , Visa B2B Connect is the product of a recent partnership between Visa and a tech startup, which Visa itself is an investor in, called Chain Inc.

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Cross-Border Payments Cross-Border Bitcoin Wire Transfer 80

PYMNTS

JULY 5, 2020

Bank of New York (BNY) Mellon has announced a new partnership with risk and payments solution provider Early Warning Services , aiming to boost digital B2B payments services for clients. The service is also payment-agnostic, able to verify accounts for payments including wire transfers, automated clearing houses (ACH) and real-time payments.

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Faster Payments Payment APIs and Integration Wire Transfer Real Time Payments 96