B-to-B payments

In 2016, a big-bank consortium said that it would charge the same prices to all institutions, regardless of their size. But now the group has added a large caveat to that pledge.

Bento for Business has added Visa to its purchasing card platform for small and midsize businesses.

International payments provider Currencies Direct is offering a new online platform for batch payments to help clients making multiple payments in different currencies.

Global payments provider Elavon has established a new partnership with Societe Generale for payments acceptance and acquiring services throughout Europe.

As the consumer payments technology market is becoming saturated, B2B payments have captured the attention of the investment community, writes Karla Friede, CEO of Nvoicepay.

FIS’s $43 billion agreement to acquire Worldpay and Fiserv’s $22 billion deal to buy First Data are largely closing the gaps between financial technology and merchant acquiring. But these mergers are only the first of many steps.

The gig economy presents many challenges in its reliance on a freelance workforce. Among those is the task of managing corporate spending for workers that don't use a corporate card or expense platform.

Mainstream firms are joining the push to let cannabis firms use banks; the companies say they can help banks make lending decisions quicker.

Billions of dollars in investments are pouring into digital payments, but the hefty numbers obscure a regulatory and competitive squeeze that could shut banks out of the profits for good.

Paper's costly, and also error prone. Yet most invoices are still paper-based, writes Art Sarno, product marketing manager for Kofax.