B-to-B payments

Boston-based Flywire has made another move to diversify beyond its original cross-border tuition payments niche by acquiring Pace Invoice, a multi-currency invoicing platform enabling clients to more easily link outgoing cross-border invoices with incoming receivables.

FastPay says it will provide digital businesses with a new platform for receiving payments from advertisers and agencies, and also for paying vendors in a timely manner.

American Express has made several attempts to escape its image as a card for the elite, with efforts such as the Bluebird prepaid card and the OptBlue pricing program for small merchants. Its latest move is focused on rewards for small-business owners.

'Gig' companies often run into a snag when trying to integrate payments for a complex network of contractors, freelancers and other small clients, a challenge Jeff Shea hopes open development techniques can conquer.

Procure to pay is an old way to automate the relationship between obtaining supplies and accounting, old enough that it's rarely automated.

Business-to-business payments technology company Comdata has unveiled a new tool to streamline the process for entering suppliers’ virtual credit card details into their systems.

With over five years of experience in handling real-time business-to-business payments, Transpay has learned that there's more to faster payments than just moving funds. The system has to accommodate a cleaner, rapid process for resolving any issues that arise along the way.

The company's original markets are India and China, but it plans to reach 10 major markets for B-to-B cross-border payments in the next year.

FleetCor Technologies, with broad operations in fleet cards and payroll solutions, has announced plans to purchase Cambridge Global Payments, which specializes in cross-border business-to-business payments, for $675 million.

The B-to-B payments market is ripe for digital innovation. Here are some of the most recent moves to bring B-to-B payments up to speed.