“Tassat Group Inc., the leading provider of private blockchain-based business-to-business (B2B) real-time payments and financial services solutions to banks, announced that The Digital Interbank Network completed over $500 million in real-time transactions among three banks using Tassat-controlled accounts on Saturday, October 1. The groundbreaking launch saw over 400 transactions conducted without failure during an 8-hour period, an average of $1.25 million per transaction, using Tassat-controlled accounts at Cogent Bank, Customers Bank (NYSE: CUBI) and Western Alliance Bank (NYSE: WAL). Tassat’s goal is to establish The Network as a viable platform for participating banks’ B2B customers to execute real-time payments between businesses at different banks.”

“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 rise, and it’s clear why. Statista estimates that the global business payments market is $125 trillion, while the global consumer payments market is only $52 trillion. The average ticket size is significantly higher among businesses than consumers, allowing payments companies to command larger fees. Proponents say breaking up business payments over time promises more growth potential, a quicker path to profitability and less risk than catering to retail consumers.”

“Deserve, a fintech company transforming credit cards into software that lives on mobile and in the cloud, announced today it is revolutionizing the commercial credit card category by offering the first of its kind platform that empowers banks and B2B companies to launch corporate credit and charge cards.”

“Billtrust (NASDAQ: BTRS), a B2B accounts receivable automation and integrated payments leader, announced today it has joined with Procede Software , a heavy-duty truck and commercial vehicle dealer management system (DMS) and solutions provider, to help their customers get paid faster, grow revenue and increase profitability.”

“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 wallets.”

“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.”

“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.”

“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 customers to accelerate and automate electronic payments to Billtrust’s network of suppliers, distributors and vendors while scaling virtual credit card adoption.”

“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 revenue recognition of digital payments with faster and more accurate reconciliation of non-standard remittance information.”

“Business spend management platform Coupa has reached an agreement to add AirPlus virtual cards as a payment option within the Coupa Pay payments tool. With the partnership, Coupa Pay users can generate AirPlus virtual cards, which AirPlus relaunched last year , and pay in the platform with the cards. Earlier this month, Coupa also announced a collaboration with HSBC to integrate its virtual card products into Coupa Pay.”

“Paya (NASDAQ: PAYA), a leading integrated payments and commerce solution provider, today announced its partnership with Transcard, a global leader in payment technology solutions for financial institutions, Fintechs, and businesses. Through the integration of Transcard’s technology and banking infrastructure, Paya will substantially expand its B2B commerce solution suite, adding a best-in-class, fully-integrated accounts payable (AP) module and supplier network.”

“Billtrust (NASDAQ: BTRS), a B2B accounts receivable automation and integrated payments leader, surpassed $1 billion in supplier invoices delivered to accounts payable (AP) portals in 2021, its largest single-year total and a 58% increase over 2020. The dramatic rise can be attributed to increased adoption of Billtrust’s Business Payments Network (BPN), which began enabling invoice presentment to accounts payable (AP) portals in addition to its existing payment and remittance acceptance capabilities. In all, Billtrust delivered approximately 400,000 invoices to over 175 different AP portals in 2021.”

“Mastercard today announced the launch of Mastercard TrackTM  Instant Pay , a next-generation virtual card solution that uses machine learning and straight-through processing to enable instant payment of supplier invoices. Integrated with Mastercard Track Business Payment Service , Mastercard’s open-loop B2B network, the new, first-of-its-kind virtual card solution delivers greater choice, efficiency and automation for buyers and suppliers to help streamline and speed business payments.”

“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 commercial solutions to do so globally and a first of its kind in Canada.”

“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 demand for new and safe B2B payment methods continues to grow as more companies adopt remote work policies and continue to fight fraudulent activity on traditional payment rails.”

“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 will enjoy real-time status updates on invoices, access to AP inboxes, payment approvals, and workflows that no longer need duplicate data entries.”

“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 spend management processes, and drive greater productivity and cost savings. Businesses can now digitize their supply chain, such as payments to suppliers and vendors, or internal processes, such as automated reconciliation – all with better rebates and higher levels of security.”

“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 laundering and credit risk checks. This powerful commercial solution can help organizations onboard business customers in hours versus days or weeks with time consuming manual processes.”

“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 equity firms, they said. No final decision has been made and Bottomline could opt to remain independent.”

“Sensibill , the only customer data platform designed specifically for the financial services industry, today announced a new partnership with global cloud accounting software provider FreshBooks . Together, the companies are automating data entry to provide small business owners with better expense management using optical character recognition (OCR) technology.”

“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®.”

“This morning Airbase , one of the North American startups competing in the corporate card and expense software space, announced that it will offer a free tier of its service, and that it will return most of its transaction revenues to customers via a new set of cash-back rates on its pre-funded and charge cards. Airbase users that use pre-funded Airbase cards at their company will receive 2.25% cash back, while those using charge cards will receive 1.75%, the difference due to the capital cost of offering credit.”

“Boost Payment Solutions, Inc., the leader in optimizing the use and acceptance of commercial cards, announced today a strategic global partnership with Mastercard to create tailored and scalable strategies to accelerate and expand the use of commercial card products. The partnership’s initial focus will be seven key markets – the United States, Canada, Mexico, Brazil, Western Europe, United Kingdom and Australia.”

“Corporate charge card start-up Ramp is going after publicly-traded competitor Bill.com with a free invoice management and payments platform, CNBC has learned…Ramp took a year to develop the feature, which involves using an artificial intelligence technique called optical character recognition to extract information from invoices and automatically fill out forms. Feedback from some of the hundreds of clients who have used bill pay in pilot has been positive, Glyman said.”

“Marqeta (NASDAQ: MQ), the global modern card issuing platform, announced today that the company is partnering with 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), to power new innovative commercial card products for Bill.com’s financial institution customers.”

“Quadient (Euronext Paris: QDT), and Flywire Corporation (NASDAQ: FLYW) (Flywire) today announced a new strategic collaboration to automate and digitize business-to-business (B2B) payments globally. As a result of the partnership, Quadient’s cloud-based accounts receivable (AR) management and automation solution, YayPay by Quadient , will extend Flywire’s digital payment solutions to its global B2B clients. As YayPay’s international footprint and customer base has grown, the need to provide seamless cross-border payments has increased.”