B-to-B payments

A machine learning-driven analysis can aid with risk, financial performance and fraud prevention, according to Anant Kale, founder and CEO of AppZen.

Wire transfers have higher fees and fraud risk than other methods, according to Chen Amit, CEO of Tipalti.

The payments process isn’t about just checking a box or signing a check anymore; it’s about cultivating genuinely beneficial relationships for all involved that build trust and drive growth, writes Ravi Thakur, senior vice president of business acceleration at Coupa.

By adopting faster payments, businesses have more flexibility to make last-minute payments and emergency payrolls, or gain a larger window for early-payment discounts.

With managers able to approve employees spending via an app on their phone, it empowers employees, shows they are a trusted member of the team and gives them confidence that their employer is forward-thinking, investing in the latest technology to give them the tools they need perform, according to Nick Campbell, head of product strategy and innovation at Fraedom.

Business pay has always lagged consumer innovation because of complexity. But new advancements in underlying business technology should change that, according to Rob Eberle, CEO of Bottomline Technologies.

The new environment requires merchants to support a solid point of sale system, along with other business activities, writes CardConnect's Michael Mertz

Signature Bank on Jan. 1 will open its Signet Platform to support real-time settlement for commercial payments. The bank is collaborating with trueDigital Holdings, a New York-based blockchain infrastructure, exchange and settlement technology company.

TransferMate, a cross-border B2B payments provider based in Ireland, has announced plans to buy Devisenwerk, a Swiss foreign exchange firm, to expand its capabilities and geographic reach.

Mainstream payment companies are quickly siding with fintechs to dilute the weight of paper on accounts payable and supply chains. American Express is pushing change by making it less of an ordeal.