B2B Payments Fraud Tracker |
UK Study: Businesses See Fraudsters As âAhead Of Industryâ In the U.K., might the fraudsters be getting ahead of the firms they are bilking? A recent study from Vocalink points to that sentiment, while SAS finds significant instances of procurement fraud â 31 percent of firms have suffered, as employees and vendors have conspired against them. |
PayPal's Blockchain First; Mastercard's B2B FinTech Unicorn This week's B2B venture capital funding rounds were particularly focused on the enterprise cybersecurity space, though B2B payments caught the attention of investors, too, with another industry unicorn making its debut. Yet, just as noteworthy in this week's roundup are the investors themselves, which include PayPal and Mastercard. |
| Accounts Payable | Where Electronic Payments Fall Short In B2B Commerce Electronic procurement and digital invoicing may make buying and selling more efficient, but they donât guarantee that payments will be electronic, too. Jeremy Burt, VelocITâs principal and director of business solutions, says this reflects the complex demands of B2B transactions, particularly when it comes to payment security, cost and user experience. He discusses the role of the invoice in promoting commercial card adoption, and how that bolsters both AR and AP workflows. | |