B-to-B payments

So far, mostly larger businesses are embracing digital payments, says Avidxchange's Cameron White.

The concept amplifies spending visibility from the center of the business way out to its edges, creating more transparency.

HSBC has extended its instant cross-border payments network to small and midsize businesses through a digital wallet built for storing and spending foreign currency.

The Amsterdam bank offers to directly credit a small business's invoices early after a vetting process — but before the invoice is paid.

Digital payments can cut costs, errors and other tasks that would be prohibitive on their own, says Kofax's Lindsay Pinkos.

American Express is trying to differentiate itself from other card networks by making loans through its bank and incorporating accounts payable services and lending technology it inherited with its acquisitions of Acompay and Kabbage.

American Express is trying to differentiate itself from other card networks by making loans through its bank and incorporating accounts payable services and lending technology it inherited with its acquisitions of Acompay and Kabbage.

First-quarter transaction volume rose 61% from a year earlier as merchants began using the bank-backed network to accept and make more payments.

First-quarter transaction volume rose 61% from a year earlier as merchants began using the bank-backed network to accept and make more payments.

As businesses accept automation, more innovation is flowing into the market, says Billtrust's Flint Lane.

The Alviere finance platform has entered a partnership with B2B fintech Currencycloud to offer its clients a multicurrency e-wallet for cross-border business payments.

The Los Angeles bank's service, offered in partnership with the fintech Extend, enables card controls and uses tokenized account numbers to improve security.

The bank's blockchain venture with Temasek and DBS, called Partior, creates a wholesale blockchain network.

With greater connectivity and more information being shared about customers and transactions, there will be more potential to generate valuable business intelligence, says Citizens' Matt Richardson.

Accounts payable is one of the most paper-intensive business functions, with lots of room for more environmentally sound processing, Daniel Ball of Medius says.

It is the largest global treasury bank so far to implement Mastercard’s direct debit service.

As more electric-powered commercial vehicles enter the market, fuel card operators like FleetCor must confront a future where gas stations become less relevant.

We’ve seen many companies embrace faster and easier payments systems, says Citizens' Matt Richardson.

While accounts payable systems are adjusting to decentralized work, it's unrealistic to expect a complete migration overnight, says Proactis' Michael Ereli.

The single-use element of virtual cards deters hacking, says Nvoicepay's Kristin Cardinali.