Latest news with #B2BPayments
Yahoo
29-06-2025
- Business
- Yahoo
SAP Taulia (SAP) Partners with PayMate to Enhance B2B Payment Solutions
SAP SE (NYSE:SAP) is one of the 12 stocks that will make you rich in 10 years. On June 23, SAP Taulia, a subsidiary of SAP SE, announced a partnership with PayMate, a business-to-business (B2B) payment solutions provider. According to the agreement, PayMate's payment infrastructure has been made available to SAP Taulia's customers. drserg/ The integration will allow users to access a broader range of payment options, including bank transfers and virtual card payments. For instance, suppliers can now receive virtual card payments directly into their bank accounts without requiring manual intervention. The partnership also enables businesses to leverage their existing credit lines to optimize working capital, streamline supplier payments, and enhance overall financial efficiency. SAP Taulia stated that businesses will benefit from the improved platform, which will provide greater control and visibility in their financial operations. Additionally, the new platform streamlines payment processes and enhances payment security. Danielle Weinblatt, Chief Product Officer at SAP Taulia, stated that the partnership provides customers with 'future-forward ways to manage supplier payments' and strengthens their ability to offer flexible and efficient solutions across geographies. She emphasized unlocking liquidity trapped in supply chains. SAP SE (NYSE:SAP) is a German enterprise software company. It develops and sells cloud-based and on-premise solutions that help businesses manage operations like finance, supply chain, HR, and customer experience. Its core products include SAP S/4HANA (ERP), SuccessFactors (HR), Ariba (procurement), Concur (travel and expense), and SAP Analytics Cloud. While we acknowledge the potential of SAP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. Sign in to access your portfolio
Zawya
24-06-2025
- Business
- Zawya
XTransfer Wins Best Payments and Collections Solution at The Asset Triple A Awards 2025
HONG KONG SAR - Media OutReach Newswire - 24 June 2025 - XTransfer, the World's Leading & China's No.1 B2B Cross-Border Trade Payment Platform, is proud to announce that, together with Deutsche Bank, it has been awarded the "Best Payments and Collections Solution – Hong Kong" at The Asset Triple A Awards 2025. The "Best Payments and Collections Solution – Hong Kong" award acknowledges XTransfer's remarkable accomplishments in advancing payment and collection solutions. In collaboration with Deutsche Bank, XTransfer offers the "Global Multi-Currency Account", which allows clients to seamlessly receive multiple currencies within a single account, significantly enhancing treasury management efficiency. This award highlights the outstanding capabilities of both parties in providing efficient, secure, and convenient cross-border payment and collection services for small and medium-sized enterprises (SMEs). Bill Deng, Founder and CEO of XTransfer, remarked, "We are deeply honoured to receive The Asset Triple A Award. This recognition is a testament to the exceptional efforts of our team in providing secure, low-cost, fast, and convenient payment solutions for global foreign trade enterprises. From the very beginning, XTransfer has been committed to helping businesses overcome the complexities and high costs of cross-border payments through technological innovation and high-quality financial services, enabling them to compete in the global economy with lower barriers to entry. Looking ahead, XTransfer will further strengthen its collaboration with Deutsche Bank and other leading international financial institutions to enable enterprises to enjoy the same level of cross-border financial services as large multinational corporations." Chintan Shah, Deutsche Bank's Head of Corporate Coverage for APAC & MEA said: "One of our core strengths as a Global Hausbank is helping companies expand their reach through our cross-border payment capabilities and broad global network. We are delighted for our multi-currency payment solution for XTransfer to be recognised by The Asset, and we look forward to continuing to find new and innovative ways to help them broaden their capabilities, streamline processes and empower their clients to navigate global trade to increase their competitiveness." The Asset Triple A Awards, organised by The Asset magazine, holds high esteem within the financial industry and celebrates outstanding achievements and best practices of companies that have launched or helped implement initiatives in corporate treasury management, trade finance, supply chain and/or risk management in Asia Pacific, the Middle East, Europe and North America. Hashtag: #XTransfer #TheAsset #3AAwards #DeutscheBank #Crossborder #Payment #SMEs The issuer is solely responsible for the content of this announcement. About XTransfer XTransfer, the world-leading and China's No.1 B2B Cross-Border Trade Payment Platform, is dedicated to providing small and medium-sized enterprises (SMEs) with secure, compliant, fast, convenient and low-cost foreign trade payment and fund collection solutions, significantly reducing the cost of global expansion and enhancing global competitiveness. Founded in 2017, the company is headquartered in Shanghai and has branches in Hong Kong SAR, the United Kingdom, the Netherlands, the United States, Canada, Australia, Singapore, Vietnam, Thailand, Malaysia, the Philippines, the UAE, and Nigeria. XTransfer has obtained local payment licenses in Mainland China, Hong Kong SAR, Singapore, the United Kingdom, the Netherlands, the United States, Canada, and Australia. With more than 600,000 enterprise clients, XTransfer has become the industry No.1 in China. By cooperating with well-known multinational banks and financial institutions, XTransfer has built a unified global multi-currency clearing network and a data-based, automated, internet-based and intelligent anti-money laundering risk control infrastructure centred on SMEs. XTransfer uses technology as a bridge to link large financial institutions and SMEs around the world, allowing SMEs to enjoy the same level of cross-border financial services as large multinational corporations. XTransfer completed its Series D financing in September 2021 and achieved unicorn status. The Company possesses a diverse composition of international investors, including D1 Capital Partners LP, Telstra Ventures, China Merchants Venture, eWTP Capital, Yunqi Capital, Gaorong Capital, 01VC, MindWorks and Lavender Hill Capital Partners. For more information, please visit: XTransfer
Finextra
10-06-2025
- Business
- Finextra
BofA clients embrace new $10 million limit in US real-time payments
Recent action from The Clearing House to increase the transaction limit on real-time payments from $1 million to $10 million is fueling new use cases in business-to-business payments among Bank of America clients. 0 The bank is one of the first financial institutions to enable its corporate customers to send payments up to the new transaction limit. As one of the owners of The Clearing House, Bank of America played a significant role in developing the RTP® network in consultation with peer banks, technology firms and the U.S. Federal Reserve. 'Our clients have been using RTP to pay vendors, employees and customers, but the larger cap has opened up use cases for different kinds of transactions, such as real estate and deal closings and other corporate activity,' said AJ McCray, head of Global Payments Products, Global Payments Solutions (GPS) at Bank of America. In the first six weeks since the transaction limit was raised, BofA corporate clients have increasingly taken advantage of the limit increase, with transactions over $1 million now accounting for more than half the value of all U.S. real-time payments the company is processing. 'The instant nature of real-time payments is a huge advantage for optimizing working capital and cashflow,' said Jay Davenport co-head of GPS Global Corporate Sales at Bank of America. 'RTP payments embody some of the most commonly requested features from our customers - convenience, transparency and resiliency.' Key features of the RTP network The network operates 24 hours, 7 days a week including holidays and weekends. Payments are settled immediately, regardless of time of day. The originator of a payment has transparency into the status of transaction, including whether it has been accepted or rejected. The recipient receives a payment within seconds. RTP uses ISO 20022, the international standard for financial messaging. This robust message standard offers multiple options for the originator to incorporate detailed remittance information with the payment. As real time payment adoption continues to rise, companies can explore new applications such as just-in-time supplier payments, complete real-estate transactions, and account to account money movement. Bank of America serves 94% of the Fortune 500 and 73% of the Global Fortune 500. Besides U.S. RTP network connectivity, these clients can take advantage of the full range of payment capabilities such as commercial card, ACH, wire and transactional FX solutions, in addition to the bank's own innovations, Recipient Select and Digital Disbursements.
Finextra
16-05-2025
- Business
- Finextra
TreviPay and Albertsons Companies offer pay by invoice programme for businesses
TreviPay, the most-trusted B2B payments and invoicing network, today announced Albertsons® Companies, Inc. will offer Pay by Invoice with TreviPay to its corporate shoppers. 0 This content is provided by an external author without editing by Finextra. It expresses the views and opinions of the author. Business buyers, including small offices, K-12 schools, local government and community organizations and residential programs, can receive a dedicated line of credit for online grocery purchases with 30-day net terms. The pay by invoice program includes a convenient self-serve portal to assign spending limits to approved purchasers and real-time tracking of invoices, payments and credit lines for streamlined financial management. Business buyers expect the flexibility of paying with trade credit, or net terms, to better manage working capital and establish trusted relationships with retailers. Payment choice is so important that a Murphy Research study, on behalf of TreviPay, found 72% of business buyers are more loyal to a business that offers their preferred payment methods, and more than half would switch to a different retailer if it offers net terms. For added convenience, the partnership with TreviPay allows corporate shoppers to access their line of credit across Albertsons Companies' banners including Albertsons, Safeway, ACME, Jewel-Osco, Shaw's, Star Market, Vons, Pavilions, Tom Thumb and Randall's. 'Retailers are well-versed in loyalty best practices for consumers, but to reach and retain business buyers, invoicing and payment terms are critical,' said Brandon Spear, CEO of TreviPay. 'Enabling Albertsons Cos.' business customers to pay by invoice allows their corporate buyers to make large, repeat orders using their preferred payment method, while retailers eliminate the complexities of accounts receivables and fuel growth.' Through the partnership, Albertsons Cos. stores can automate their A/R processes for business purchases with real-time credit decisioning, electronic invoice generation and payment tracking to reduce billing errors and eliminate back-office resources. The leading retailers no longer have to allocate resources to managing collections or worrying about cash flow as TreviPay settles funds right away and owns any buyer credit risk. That time and capital can be reinvested into enhancing customer experiences that require a human touch. 'Albertsons Cos. is committed to enhancing the purchasing experience and providing options for both small and large business customers,' said Anne Coyne, Senior Director of B2B Strategy and Growth at Albertsons Cos. 'TreviPay's invoicing program offers the control to customize purchasing hierarchies and the convenience of paying using credit lines, which we know are important to this buyer segment.'
National Post
15-05-2025
- Business
- National Post
TreviPay and Albertsons® Companies Partner to Offer Pay by Invoice Program for Businesses
Article content Article content OVERLAND PARK, Kan. — TreviPay, the most-trusted B2B payments and invoicing network, today announced Albertsons® Companies, Inc. will offer Pay by Invoice with TreviPay to its corporate shoppers. Business buyers, including small offices, K-12 schools, local government and community organizations and residential programs, can receive a dedicated line of credit for online grocery purchases with 30-day net terms. The pay by invoice program includes a convenient self-serve portal to assign spending limits to approved purchasers and real-time tracking of invoices, payments and credit lines for streamlined financial management. Article content Business buyers expect the flexibility of paying with trade credit, or net terms, to better manage working capital and establish trusted relationships with retailers. Payment choice is so important that a Murphy Research study, on behalf of TreviPay, found 72% of business buyers are more loyal to a business that offers their preferred payment methods, and more than half would switch to a different retailer if it offers net terms. For added convenience, the partnership with TreviPay allows corporate shoppers to access their line of credit across Albertsons Companies' banners including Albertsons, Safeway, ACME, Jewel-Osco, Shaw's, Star Market, Vons, Pavilions, Tom Thumb and Randall's. Article content 'Retailers are well-versed in loyalty best practices for consumers, but to reach and retain business buyers, invoicing and payment terms are critical,' said Brandon Spear, CEO of TreviPay. 'Enabling Albertsons Cos.' business customers to pay by invoice allows their corporate buyers to make large, repeat orders using their preferred payment method, while retailers eliminate the complexities of accounts receivables and fuel growth.' Article content Through the partnership, Albertsons Cos. stores can automate their A/R processes for business purchases with real-time credit decisioning, electronic invoice generation and payment tracking to reduce billing errors and eliminate back-office resources. The leading retailers no longer have to allocate resources to managing collections or worrying about cash flow as TreviPay settles funds right away and owns any buyer credit risk. That time and capital can be reinvested into enhancing customer experiences that require a human touch. Article content 'Albertsons Cos. is committed to enhancing the purchasing experience and providing options for both small and large business customers,' said Anne Coyne, Senior Director of B2B Strategy and Growth at Albertsons Cos. 'TreviPay's invoicing program offers the control to customize purchasing hierarchies and the convenience of paying using credit lines, which we know are important to this buyer segment.' Article content To learn more about how retailers can optimize their B2B payments strategy, visit Article content At TreviPay, we believe loyalty begins at the payment. By understanding the diverse and unique requirements of B2B sellers, TreviPay's global B2B payments and invoicing network enables enterprises to provide payments choice and convenience, open new markets and automate accounts receivables. Powering more than $7 Billion in global trade, TreviPay was named a Leader in the IDC MarketScape for Worldwide Embedded Payment Applications 2024-2025 Vendor Assessment (#US51793524, Dec. 2024). With more than four decades of experience, TreviPay serves leaders looking to build loyalty while driving efficiency and embracing new digital channels, especially in industries with large distribution networks such as manufacturing, retail and transportation. For more information, visit Article content Article content Article content Article content Contacts Article content Article content Article content
