Payments News

On The Web

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Domains

Beanworks by Quadient Now Offers Free Paperless Invoice to Payment Solution

“Beanworks by Quadient , the accounts payable (AP) automation leader, is now offering a *free AP workflow to businesses still using a slow manual check cutting process.  While Beanworks offers the full touchless accounts payable process, the free AP workflow will provide a myriad of benefits to businesses primarily concerned with digitizing paper-based payments. They […]
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Deals

Software Firm Corcentric to Go Public Via $1.2 Bln SPAC Deal

“Software firm Corcentric on Friday agreed to go public through a merger with a blank-check firm in a deal valuing the combined company at about $1.2 billion. Corcentric, provides payments network software solutions to enterprises middle-market businesses, including cereal maker Kellogg’s (K.N) and clothing retailer Hanes.”
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Domains

Bottomline Working With Deutsche Bank on Potential Sale

“Bottomline Technologies Inc. , which manages payments and invoices for businesses, is exploring a sale, according to people with knowledge of the matter. The Portsmouth, New Hampshire-based company is working with Deutsche Bank AG as it considers options, the people said, asking not to be identified discussing private information. Bottomline has attracted interest from private […]
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On The Wires

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Domains

Mastercard Advances B2B Payments Solution With BMO and Moneris Partnerships

“Today, Mastercard announced new partnerships with BMO and Moneris Solutions Corporation (‘Moneris’), who have joined Mastercard Track™ Business Payment Service . This unique Mastercard solution, available to Canadian business customers in early 2022, is designed to help buyer and supplier partners tackle the systemic challenges of business-to-business (B2B) payments – one of the first open-loop […]
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Domains

Coupa to Offer HSBC Virtual Cards to European Businesses

“Coupa Software (NASDAQ: COUP ), a leader in Business Spend Management, today announced a strategic collaboration with HSBC under its Coupa Pay offering. Commencing with virtual cards, the collaboration will provide European companies with access to a fast, seamless, and secure way to manage payments as part of their comprehensive Business Spend Management strategy. The […]
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Domains

Nium Launches Virtual Card Issuing Solution for the United States Travel Industry

“Nium , a leader in global payments and card issuance for businesses, today launched its virtual card issuing solution in the United States, making it faster and easier for travel-related businesses to pay suppliers. The Nium virtual card solution enables online travel agencies (OTAs), travel management companies, travel tour operators, and corporations to streamline, revamp their […]
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Domains

Equifax Introduces OnboardConnect to Streamline Business Transactions

“Equifax® (NYSE: EFX ) today introduced a new solution designed to help business-to-business transactions occur faster, with a higher degree of certainty and at a lower cost. The new OnboardConnect solution combines differentiated data sources and analytics that ‘Only Equifax’ can provide to enable near real-time business verification, fraud checks, tax identification number checks, anti-money […]
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Domains

Conferma Pay and Boost Payment Solutions Team up to Digitise and Accelerate Supplier Payments With Virtual Cards

“Conferma Pay, the leading B2B virtual payment platform, today announced a strategic collaboration with Boost Payment Solutions, Inc. (Boost), the leader in optimizing the use and acceptance of commercial cards, providing Conferma Pay’s network of issuers and card holders with payment flexibility via Boost’s proprietary straight-through processing (STP) solution, Boost Intercept®.”