For corporates, the goal, especially in the current inflationary environment, is to squeeze margins higher. There are two levers to pull, ideally working simultaneously: increasing sales momentum, and being judicious on costs. On that latter endeavor — spend management — companies and platforms are using...
Visa and the Korea Trade-Investment Promotion Agency (KOTRA) have partnered to launch a card payment platform for trade settlements in South Korea. The new Global Trade Payment Platform (GTPP) is scheduled to go live by the end of October, Visa said in a Wednesday (Sept. 11) press...
Boost Payment Solutions has introduced a solution that allows enterprise buyers to use their existing U.S.-issued commercial cards to pay suppliers in more than 180 countries. The new Boost 100XB also enables financial institutions and program managers who issue commercial cards on U.S.-based BINs to expand the...
In today’s uncertain operating environment, every dollar counts. With ample whitespace in the B2B market, companies are increasingly discovering that they can use their consumer-facing assets and expertise to serve business clients, unlocking new growth without undermining their core business. While some may assume that...
Few people want to cut checks, lick stamps or sign invoices. Every single business day, however, these same outdated activities are done countless times by many of the world’s finance and accounting professionals. Despite the rise of digital transformation in finance and business operations, companies...
The future of B2B payments lies in automation, not administration. Given the B2B sector’s legacy of complex workflows, intricate data requirements and entrenched manual processes, the opportunities for innovation are immense. While modernizing something as entrenched into business workflows as a decades-old accounts payable or...
Paystand says it is expanding its zero-fee B2B payments network to Canada. “While Paystand first introduced limited service in Canada in 2018, Canadian payers will now be able to access all the benefits of the Paystand Platform and the Zero-Fee B2B Payment network,” the company...
Jaggaer and Bottomline have partnered to provide companies with more payment options for B2B transactions. Bottomline’s Paymode business payment network and its Premium ACH offering, virtual card and other payment modalities will be integrated into Jaggaer’s B2B payment solution, Jaggaer Pay, the companies said in...
Innovations wouldn’t be deemed as such if they didn’t change things in a transformative way. And the world of B2B payments — characterized by complex workflows, intricate data requirements and entrenched manual processes — is finding this out in real time, as businesses across various...
