B-to-B payments

The bank and payment company are using the technology that underpins digital assets to improve interoperability for international transactions, a major point of friction in trade finance.

The financial institution, which downsized earlier this year, is trying to broaden its scope to retain businesses that don't want to use multiple providers.

Amazon is working with Stripe to expand its Just Walk Out retail stores in Australia and Canada; Safaricom is working with Onafriq to support remittances sent via M-Pesa to Ethiopia; and more.

The blockchain company is targeting non-financial clients and new geographic regions in a series of product rollouts.

The technology, which has its roots in cryptocurrency, could make corporate transactions more flexible.

Ireland's central bank holds loan data for too long, Bank of America enables two-way corporate disbursements in Canada, and more.

It's hard to see FedNow as a revolutionary solution because it's not actually much newer, faster or cheaper in many cases than existing payment services.

Corporations are leaning harder on virtual cards as post-pandemic business travel ramps up amid hybrid work arrangements, according to a new Mastercard survey. Visa separately has extended its collaboration with virtual-card technology provider Conferma Pay.

JPMorgan Chase is expanding beyond acquiring in the Canadian small-business market, where it will have to rely on new technologies to be competitive.

Business-to-business payments have long been stuck in the past, with a heavy emphasis on paper checks. The need for modernization has attracted a flurry of technology developers.