Payments News

On The Web

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‘Buy Now, Pay Later’ is Finding a New Avenue for Growth

“The tumbling valuations of consumer-facing “buy now, pay later” companies in public and private markets suggest investors are losing confidence in the sector. Who can blame them, in a tottering economy? But some investors are still bullish on pay-later — if the customers are other businesses. Business-to-business “buy now, pay later” startups are on the […]
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AFP Survey Finds Major Shift to Electronic B2B Payments | Nacha

“Evidence is mounting that businesses are increasingly moving to ACH payments and away from paper. The latest proof comes from the Association for Financial Professionals (AFP) in its 2022 Payments Cost Benchmarking Survey . The survey found that 73% of organizations are now transitioning their B2B payments from checks to electronic payments. For publicly owned […]

On The Wires

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Marqeta and Citi Commercial Cards Announce New Partnership to Power Global Mobile Wallets Offering

“Marqeta (NASDAQ: MQ), the modern card issuing platform, today announced that Citi Commercial Cards has selected its tokenization-as-a-service capabilities to facilitate the provisioning of cards into mobile wallets. Marqeta’s tokenization functionality will integrate with Citi’s existing systems and enable Citi’s global cardholder base to provision corporate plastic cards as well as virtual cards into mobile […]
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Bill.com and CPA.com Expand Long-standing Partnership by Adding Divvy As the New Exclusive Partner for Expense Management, Corporate Card, and Spend Management

“Bill.com (NYSE: BILL), a leading provider of cloud-based software that simplifies, digitizes, and automates complex back-office financial operations for small and midsize businesses (SMBs), announced today that Divvy, a Bill.com company, has been named CPA.com’s new exclusive partner for expense management, corporate cards*, and spend management.”
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Priority Integrates Mastercard Track™ Business Payment Service to Enhance the Exchange of Payments Data

“Priority Technology Holdings, Inc. (NASDAQ: PRTH) (“Priority”), a leading payments technology company helping customers collect, store, and send money, has announced participation in Mastercard Track™ Business Payment Service to enhance its B2B payment solutions. One of the first open-loop B2B commercial networks, Mastercard Track Business Payment Service automates payments-related data exchange between buyers and suppliers.”
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Billtrust Announces Coupa As a Referral Partner and Business Payments Network (BPN) Provider

“Billtrust (NASDAQ: BTRS), a B2B accounts receivable automation and integrated payments leader, announced today that Coupa Software (NASDAQ: COUP), a leader in business spend management, has joined Billtrust’s Business Payments Network (BPN) as a provider and the Billtrust Partner Program where Coupa can refer businesses to Billtrust’s complete order-to-cash solution. With BPN, Coupa will enable […]
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New Billtrust Cash Application 10.0 First to Offer 100% Electronic Remittance Capture

“Billtrust (NASDAQ: BTRS), a B2B accounts receivable automation and integrated payments leader, announces the newest version of its machine learning-driven Cash Application solution. With digital payments, non-standard remittance information and the proliferation of accounts payable (AP) portals challenging today’s accounts receivable (AR) teams, Cash Application 10.0, leveraging Billtrust’s Business Payments Network (BPN), helps suppliers accelerate […]