vendor payments

Saks Reportedly Misses Hundreds of Thousands in Vendor Payments 
Saks Reportedly Misses Hundreds of Thousands in Vendor Payments 
August 05, 2024  |  Retail

Amid a merger worth $2.6 billion, Saks reportedly owes vendors hundreds of thousands. The luxury retailer, which last month announced it was merging with Neiman Marcus, has missed payments to dozens of...

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Melio Adds Real-Time Payments to B2B Platform
Melio Adds Real-Time Payments to B2B Platform
December 13, 2023  |  Real-Time Payments

B2B payments platform Melio added real-time payments to its suite of offerings. The new service lets payors deliver funds instantly to vendors, according to a...

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HSBC Launches Document-Free Trade Finance Tool TradePay
HSBC Launches Document-Free Trade Finance Tool TradePay
September 19, 2023  |  Accounts Receivable

Banking giant HSBC debuted a trade finance offer to help clients pay suppliers. The tool, dubbed TradePay, is an industry-first, document-free trade finance solution that...

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Push to Debit Brings ‘Emotional Relief’ of Faster Payments to Property Management Sector
Push to Debit Brings ‘Emotional Relief’ of Faster Payments to Property Management Sector
September 05, 2023  |  Faster Payments

Property management always has a flurry of activity in the background. Landlords employ and contract with a variety of vendors and suppliers to keep things...

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Melio Debuts Tool to Help Small Businesses ‘Pay Over Time’
Melio Debuts Tool to Help Small Businesses ‘Pay Over Time’
August 01, 2023  |  SMBs

B2B payments platform Melio has debuted a tool to help small businesses access capital. The company’s Pay Over Time product lets small- to medium-sized businesses (SMBs) pay vendors and...

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Zip Adds Virtual Cards to Intake-to-Procure Platform
Zip Adds Virtual Cards to Intake-to-Procure Platform
June 29, 2023  |  B2B Payments

Zip has added virtual cards to its intake-to-procure platform. The new Zip Vendor Cards enable businesses to speed up their vendor payments and strengthen their...

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ForwardAI Launches B2B Platform that Enables Real-Time Payments
ForwardAI Launches B2B Platform that Enables Real-Time Payments
June 07, 2023  |  B2B Payments

ForwardAI has launched a B2B payments platform that enables real-time payments. The new Forwardly platform is designed to help small and medium-sized businesses (SMBs) in North America get...

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Melio Launches B2B Payments Mobile App for Small Businesses
Melio Launches B2B Payments Mobile App for Small Businesses
May 09, 2023  |  SMBs

Melio has launched a mobile app that helps small businesses make and track B2B payments while on the go. The new app, which is now...

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Transportation Companies’ New Year Wish Is for Accounts Payable Automation
Transportation Companies’ New Year Wish Is for Accounts Payable Automation
December 27, 2022  |  Accounts Payable

A sweeping accounts payable revolution is set to take place over the next three years. That’s according to research in this month’s PYMNTS report, “AP...

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