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Ready Or Not, Faster Payments Will Impact Corporate Operations

PYMNTS

Corporate payments still don’t have a clear role in driving the adoption of faster payment technologies and systems in the U.S. Still, others have said that B2B payments should be largely left out of the faster payments conversation. “Our [payment] systems are looking at 24/7/365 solutions.

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Where Faster Payments Fits Between B2B Buyers And Suppliers

PYMNTS

Accounts payable (AP) automation technology has hit the ground running, with solutions designed to accelerate invoice processing, optimize payment strategies and promote digital adoption. It’s among the biggest differences between B2B and B2C payments, Bar noted. Where Faster Payments Fits. The result?

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The Fed Prioritizes Security As Payments Speed Up

PYMNTS

Federal Reserve is turning heads for its attention to faster payments, but the Fed has recently announced yet another initiative in the payments innovation space. Last week, the Fed’s Secure Payments Task Force called for comment from industry stakeholders about what challenges they face when it comes to payments security.

Fed
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Why FIs’ Future Means Smarter, Not Only Faster, Payments

PYMNTS

Here at PYMNTS, we are nothing if not keen chroniclers of change (and what it means for readers), and that’s why we recently took time to have a discussion with Deva Annamalai, director of innovation and payments strategy at Fiserv.

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Why Regional Payment Preferences Matter For Global Subscriptions

PYMNTS

One stark takeaway from this study is that while in nine of the 10 countries included, at least 30 percent of consumers preferred bank/direct debit to pay for online subscriptions, only one of the top 44 B2C subscription sites even offers bank/direct debit as an option to pay. Speed Matters for Subscription Payments.

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When B2B Payments Innovation Is All Talk, No Action

PYMNTS

. “Toward the end of this year, we started to see more of a shift in investment toward the B2B side,” said Reetika Grewal, Silicon Valley Bank’s head of payments strategy and solutions. We’re seeing a lot of new company formation around the B2B payment space in a way we haven’t seen before.

B2B
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Payment Trends to Watch For in 2021

Payment Savvy

More Payment Strategies to Show Up. As we’ve already said, it’s becoming easier than ever to embed payments in various software. As such, we expect to see payments appearing from places we didn’t expect. Businesses are now digitalizing all aspects of their systems to offer seamless payments on a digital platform.