On The Web

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Domains

How Two New Collaborations Could Speed up the Move Toward Digital B2B Payments

November 6 2018

• in
• B2B
• B2B Payments

“Payments between businesses have long remained ensnarled in paper processes that consumer payments have largely left behind, but lately signs have emerged that technology is at work streamlining business-to-business transactions. On Monday, fleet-fueling and corporate-payments specialist WEX Inc. said it will work with American Express Co. to allow clients to make payments via virtual cards […]

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Companies

NACHA Acquires Business Payments Directory Association

October 1 2018

• in
• B2B
• NACHA

“The B2B Directory will be structured as a network of credentialed service provider “sub-directories,” in which trusted and validated payee information will be stored. Credentialed service providers will allow access to the stored electronic payment information, including ACH payment details and other payment methods. Payers can query the Directory to obtain information of a single […]

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Domains

Banks Struggle With Global Payments That Look Easy for Venmo

November 2 2018

• in
• B2B
• Cross-border payments
• Global Payments

“Payment apps — such as Chinese juggernauts Alipay and WeChat Pay — are making the movement of money look so easy that banks’ biggest customers are losing patience with the global patchwork that’s handled their funds for decades. Such apps have barely started serving multinationals, but their presence is putting pressure on financial firms to […]

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Companies

How Amazon aims to be “Earth’s most customer-centric company” in B2B eCommerce

September 28 2018

• in
• B2B

““B2B is fast becoming the bigger online opportunity” was the provocative claim on the opening slide at Amazon’s packed presentation at the eCommerce Expo in London. Citing projections by Frost and Sullivan that the B2B eCommerce market would be worth more than twice the B2C one by 2020, Head of Amazon Business Marketplace UK Nikhil Amin […]

On The Wires

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Domains

Bottomline Technologies Expands Secure Payments Offerings

October 3 2018

• in
• B2B

“Bottomline Technologies (NASDAQ:EPAY), a leading provider of financial technology that helps make business payments simple, smart and secure, today announced it has expanded its Secure Payments solution to monitor additional payment types.”

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Domains

WEX Partners with Payment Logic for Robotic Process Automation of Car Registration Payments for Fleets

October 10 2018

• in
• B2B

“Payment Logic has developed a Robotic Process Automation (RPA) solution that, when coupled with WEX virtual payments, enables the automation and payment of the car registration renewal process for fleets of vehicles. This solution takes a file of car registrations and, in an automated fashion, inserts a virtual card payment and enters the registration renewal […]

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Companies

Visa Readies B2B Connect for Market

October 22 2018

• in
• B2B
• Visa

“Visa Inc. (NYSE:V) today announced new product details surrounding digital identity in preparation for a first quarter 2019 launch of Visa B2B Connect. This one-of-a-kind distributed ledger-based platform is designed to give financial institutions a simple, fast and secure way to process cross border business-to-business payments globally.”

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Domains

Visa Collaborates with Billtrust to Help Launch Business Payments Network and Redefine Digital B2B Payments

November 5 2018

• in
• B2B

“Visa (NYSE: V) and Billtrust today announced that they are collaborating on Billtrust’s Business Payments Network (BPN), which is designed to streamline the delivery of electronic B2B payments to suppliers. As a unique supplier-driven B2B payments network, BPN provides a transparent registry of suppliers who accept digital payments, giving buyers and financial institutions the necessary […]

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Domains

WEX Inc. Signs Agreement to Acquire Noventis

October 24 2018

• in
• B2B

“WEX Inc. (NYSE: WEX), a leading provider of corporate payments solutions, today announced the signing of an agreement to acquire Noventis, an electronic payments network focused on optimizing payment delivery for bills and invoices to commercial entities.”

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Domains

Mastercard Makes Paying Bills A Breeze With Bill Pay Exchange

October 11 2018

• in
• B2B

“Mastercard Bill Pay Exchange, a new digital solution will make it easier for consumers to view, manage and pay telecom, utility, rent, credit card, mortgage and other personal bills without having to set up accounts with different billers or remember multiple passwords and dates for payments each month. Offered through banks and credit unions, this technology […]