Industry

1st Commercial Credit Unveils Vendor Pay Express, Offering Suppliers Early Payments and Buyers Interest-Free Credit

PR Newswire

“Vendor Pay Express, Inc., an affiliate of 1st Commercial Credit, LLC, announced the official launch of its digital supplier payment platform, introducing a new approach to B2B transactions. Suppliers receive early payments, improving liquidity and strengthening cash flow, while buyers can maintain their negotiated net terms and access an unsecured line of credit to cover vendor […]

Companies

Thredd Becomes First Issuer-Processor to Offer Real Time Control Over B2B Travel Payments Through the Mastercard Wholesale Program

Thredd

“Thredd, a leading next-generation global issuer processor, today announced it has become the first to offer its travel agency customers real time payment control through new flexible product codes made possible through the Mastercard Wholesale Program (MWP). This new capability enables Thredd’s customers to better respond to supplier needs based on geography, product type and volume, while […]

Tags: Thredd

Industry

The Future of $40 Trillion in Cross-Border B2B Payments

Financial IT

“Every year, around $40 trillion flows through cross-border B2B payments, forming a significant portion of the broader $194 trillion global payments market, yet the majority still moves on outdated rails. This traditional, inefficient banking infrastructure was never designed for what our global economy demands today. At the heart of traditional cross-border payments is a complex […]

Companies

Fortis Purchases B2B Payments Firm Serve First Solutions

GlobeData

“Fortis, a company that specialises in embedded payment technology, has acquired B2B payments firm Serve First Solutions. Serve First Solutions, as detailed on its website, provides an array of payment services, including processing for B2B cards, retail point of sale systems, e-commerce, and mobile payment solutions.”

Tags: Fortis

Companies

Mastercard Accelerates B2B Payment Automation Globally With Acceptance Innovations

Mastercard

“Mastercard is modernizing supplier reconciliation and streamlining virtual card payments with several new enablers. It’s launching widescale global availability of Mastercard Receivables Manager, its automated solution that makes virtual cards more efficient, secure and cost-effective for businesses to accept. To give payment service providers greater flexibility in how they offer B2B payment innovations, Mastercard is […]

Tags: Mastercard

Global

Cobre Becomes the First Platform to Enable Real-Time Interbank B2B Payments in Colombia [Bre-B]

Business Wire

“Cobre processes over 1.5 billion instant enterprise transactions each month in Colombia. With the upcoming release of Bre-B, the country’s new interoperable payment infrastructure, Cobre expects to double that volume. Cobre plans to grant early access to its customers, a group that includes major retailers, fintechs, and logistics providers.”

Tags: South America

Global

Cobre Becomes the First Platform to Enable Real-Time Interbank B2B Payments in Colombia

Business Wire

“Cobre, the leading platform for real-time business payments in Latin America, unveiled that starting in September, it will become the first participant in Colombia’s financial system to enable instant interbank payments exclusively for businesses. As a long-time advocate of financial digitalization in Colombia, Cobre will accelerate the adoption of the new interoperable real-time payment system […]

Tags: Latin America

Companies

Balance and Alibaba.com Partner to Bring Flexible B2B Payments to SMEs Across the United States

Business Wire

“Balance, the AI-powered financial infrastructure platform for B2B commerce, announced today the launch of “Pay Later for Business” on Alibaba.com, an embedded financing solution designed to give U.S. small and medium-sized enterprises greater purchasing power and more control over how and when they pay. With this solution, Alibaba.com’s U.S. business users have the option to […]

Tags: Alibaba Balance

Industry

New Research Into Real World Stablecoin Payments Shows Some Surprising Results

Ledger Insights

“Artemis has produced a report on stablecoin real world payments based on a survey of 31 companies that process mainstream stablecoin payments. The average size of B2B payments on the Ethereum and TRON blockchains were pretty high ($219,000 each) compared to other chains such as Polygon where the average was under $10,000.”

Companies

Blackhawk Network (BHN) Proprietary Research Demonstrates Promotions Using Rewards and Incentives Provide Better ROI than Discounts and Elevates Industry Focus on Measuring Results in B2B Incentives

Business Wire

“Businesses use rewards and incentives for one primary reason: they help deliver business results. With the uncertainty almost every business is dealing with today, customer engagement is at a premium and demonstrating results is more important than ever. New research from Blackhawk Network (BHN), a global leader in branded payments and reward solutions, highlights how businesses can intelligently […]

Global

FAB, Oracle, and Mastercard Redefine B2B Payments in MENA

TechAfrica News

“First Abu Dhabi Bank (FAB), UAE’s global bank is the first bank in the Middle East and North Africa (MENA) to pilot an innovative embedded finance and payments solution developed in partnership with Oracle and Mastercard. This collaboration combines the strengths of the two industry leaders to revolutionize business-to-business (B2B) finance and payments processes for […]

Tags: UAE

Companies

Balance Integrates RTP Rails to Deliver Frictionless B2B ACH Payments and Improve Merchants’ Cash Flow

Business Wire

“Balance, the financial infrastructure platform for B2B commerce, announced the launch of Instant Bank Connection, a new capability powered by Real-Time Payment (RTP) rails that simplifies ACH setup for buyers and speeds up payments to merchants—improving cash flow and reducing processing costs.”

Tags: Balance

Companies

Visa, USSC Money Services Enable Visa Direct for Cross-Border B2B Payments

Asian Banking & Finance

“Visa has partnered with USSC Money Services Inc. (UMSI) to launch Visa Direct in the Philippines. With Visa Direct, UMSI’s business clients can reportedly make faster cross-border outbound payments. Visa Direct facilitates the transfer of funds directly to eligible Visa Direct cards, bank accounts, and wallets in many jurisdictions around the world.”

Tags: Visa

Transcard Transforms B2B Payments with Agentic AI Power

PR Web

“Transcard has enhanced its SMART Exchange vendor network management solution with powerful generative and agentic AI capabilities. Solution benefits for buyers replace call centers for vendor onboarding and enablement, streamlines and automates the supplier KYB process, and eases maintenance of vendor information and payment instructions, ensuring information is up-to-date and safeguarded. It also integrates seamlessly […]

Companies Global

Visa Partners With Major Banks to Launch Vbip in Australia

IT Brief Australia

“Visa has announced a partnership with ANZ, NAB, HSBC, and Westpac to introduce Visa B2B Integrated Payments (VBIP) in Australia, aimed at enhancing and simplifying business-to-business transactions for companies of varying scales. The VBIP solution is integrated within the SAP Business Technology Platform, which helps businesses automate their B2B payments.”

Tags: Australia Visa