Bottomline Technologies acquires TreasuryXpress, Adflex on corporate cards’ SCA compliance challenges, and Supplier Success aids in Facebook Receivables Financing Program launch
| | BUSINESS-TO-BUSINESS EDITION | The PGA Embraces A Hybrid Approach To B2B Trade With trade shows no longer a possibility, the PGA Merchandise Show was forced to migrate online this year. As an event focused on bringing B2B buyers and sellers together, PGA Shows Vice President Marc Simon said the event had to embrace digital commerce and payments strategies. He tells PYMNTS why next year, the event will likely embrace a hybrid of in-person and digital B2B trade workflows. |
Evolving Payment Rails Make Headway Among Corporates As the payment ecosystem evolves, the emergence of both upgraded payment infrastructure, as well as the launch of entirely new payment rails, have unlocked new value for corporate end-users of these solutions. This week's roundup of the latest in Payment Rail Innovation finds progress on the FedNow front, while Same Day ACH volume climbs in B2B payments. Plus, blockchain digs deeper into the treasury department. |
| B2B Payments | PSD2âs SCA Rules Create Snags For Commercial Card Payments The beginning of this year marked the start of Strong Customer Authentication (SCA) enforcement under Europeâs PSD2 framework, but already, some major snags are popping up. According to Adflex CEO Pat Bermingham, thereâs a lack of clarity over how B2B transactions can comply with SCA rules. He spoke with PYMNTS about the potential pitfalls that can throw B2B merchants into a compliance tailspin. | | |
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