AI-Driven Supply Chain Optimization

Tariffs, Enterprise AI Headline This Week's B2B Innovations

Tariffs and enterprise AI took center stage this week in the world of B2B payments.

First, the tariffs. The U.S. government's latest round of tariffs on Chinese goods, which went into effect on June 1, is expected to have a significant impact on the B2B payments landscape. According to a report from the National Association of Wholesalers, the tariffs could lead to a 2-3% decline in U.S. wholesale sales this year, with some industries such as furniture and appliances being hit particularly hard.

Meanwhile, enterprise AI is becoming increasingly important in the world of B2B payments. This week, payment processor Stripe announced that it is using AI to help businesses automate their payment processing. The company's new AI-powered payment processing tool is designed to help businesses streamline their payment processes and reduce errors.

Other B2B payment innovations this week included the launch of a new digital payment platform for small businesses, as well as a partnership between a payment processor and a fintech company to offer businesses a more streamlined payment experience.

Overall, it was a busy week in the world of B2B payments, with tariffs and enterprise AI taking center stage. Here are some of the top stories from the week:

• Tariffs on Chinese goods could lead to 2-3% decline in U.S. wholesale sales this year, according to the National Association of Wholesalers.
• Stripe announces AI-powered payment processing tool to help businesses automate their payment processing.
• New digital payment platform for small businesses launches, offering a more streamlined payment experience.
• Payment processor partners with fintech company to offer businesses a more streamlined payment experience.

These are just a few of the top stories from the week. For more information on the latest B2B payment innovations, be sure to check out the links below.