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May 22, 2019
On the web
American Express Revolutionizes B2B Payments: The Check Will Never Be In The Mail Again
Forbes
“The multi-year partnership that will fully embed American Express payment capabilities into the Ariba Network was one of the biggest announcements at the recent SAP Ariba Live event. During the keynote, E-Bai Koo, executive vice president, global commercial services at American Express, outlined the benefits of the virtual card payment solution for buyers and sellers that rely on the Ariba Network to purchase goods and services with their American Express cards.”
April 3, 2019
March 11, 2019
On the web
Lloyds, NatWest and Barclays Team up for Business Banking Hubs
FinTech Futures
“The first hub for SMEs will open its doors in Perry Barr, Birmingham today (11 March). The pilot will also see five other shared hubs open across the UK in the coming weeks. No specifics on that. The hubs will be branded “Business Banking Hub” and they have been designed to enable business customers from the three banks to conduct transactions through a shared facility.”
November 6, 2018
On the web
How Two New Collaborations Could Speed up the Move Toward Digital B2B Payments
Digital Transactions News
“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 with both one-time and multiple-time use capability. At the same time, Visa Inc. announced it is teaming with billing-services provider Billtrust to develop a network that can enable electronic payments to corporate suppliers.”
September 14, 2018
On the wires
UPDATING VIDEO Mastercard Introduces Mastercard Track™ to Make the Business of Doing Business Easier
“Developed with Microsoft, Mastercard Track offers you a unified way to track B2B payments and bolster third-party compliance—across the procure-to-pay process.”
September 5, 2018
On the wires
Yardi Bill Pay Simplifies Vendor Payments with Fifth Third Virtual Credit Cards
“Property managers can simplify their vendor payment process with Yardi® Bill Pay, an element of Yardi® Payment Processing that now enables secure transactions with Mastercard®-branded virtual credit cards issued by Fifth Third Bank.”
August 24, 2018
On the web
Deutsche Bank buys stake in Modo to expand payments biz to non-bank platforms
Finextra
“Founded in 2010, Dallas-based Modo works to reduce friction in the payments industry through technology that creates interoperability between systems, without needing changes to those systems. Deutsche Bank says that Modo’s technology will help it expand its existing digital B2B and B2C payments business. In particular, it will help extend payments into non-bank payment platforms such as Alipay, Paypal, M-Pesa and WeChat, beyond traditional banking channels into mobile wallets and P2P networks.”
August 21, 2018
On the wires
Tipalti Accelerates Steep Growth Trajectory, Surpassing $5 Billion in Annual Transactions and 3 Million Suppliers on Payables Platform
“Tipalti, the leading global payables automation platform, today announced that it has surpassed $5 billion in annual transactions, with over 3 million suppliers onboarded on the platform. These milestones came as Tipalti more than doubled new business bookings in Q2 2018 versus Q2 2017 and became licensed as a Money Transmitter in every state in which it’s required.”
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