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Payments Initiation Opens The B2B Door For QR Code Payments

PYMNTS

QR codes have enjoyed mounting adoption in the consumer payments landscape around the world in recent years as FinTech solutions embrace end-user efficiency and take advantage of smartphone penetration. Their use for B2B payments, however, remains limited — but in the U.K., open banking may be able to change that.

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NEW REPORT: B2B Banking’s Tech-Driven Future

PYMNTS

With hundreds of billions of dollars changing hands each year, B2B banking and payments is a big, big deal. According to industry research, the B2B payments industry moves roughly $550 billion each year, making up roughly half of the $1.2 trillion global payments market. . All in on APIs. About the Tracker.

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How Mixing Payment Rails Eases B2B Payment Squeeze

PYMNTS

No one payment rail can solve every point of friction in B2B payments. This week’s look at payment rail innovation explores how corporates and FinTech providers embrace variety to ease friction in card acceptance, employee payroll and invoice payments. Mixing Payment Rails Drives SMB Revenue.

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Western Union links to Swift GPI, adds B2B currency options

Payments Source

The payments division of Western Union has integrated with the Swift Global Payment Initiative for faster transfers, and has added international currency options.

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Visa, Mastercard, Amex Stake Their Bets On B2B

PYMNTS

When the B2B payments industry began considering what to expect for 2018, commercial cards weren’t often on the radar. Yet, 2018 was certainly a big year for commercial cards, and for credit card giants’ B2B payments aspirations overall. Visa Acquires Fraedom. Mastercard Tackles The Buyer-Supplier Connection.

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In B2B Payments, Speed Is Only Part Of The Package

PYMNTS

As the financial services industry takes a look back at 2017, a few milestones stand out: the progress of faster and instant payment initiatives. And, much to the relief of corporates, the continuing focus on B2B payments innovation. When it comes to B2B, payment speed is important, but only to a point,” said Ambikar.

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RegTech, AI Fuel Strong B2B FinTech Numbers

PYMNTS

This week’s B2B venture capital roundup is quite indicative of these trends. s FinTech VC market well reflected — three of the four B2B FinTech companies that landed funding hold strong presences in the U.S. — Not only is the strength of the U.S.’s but RegTech and artificial intelligence also landed on the board.

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