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Some of them have been mandated by governments, readying for anticipated demand. As a result, he predicted that the entrenchment of faster payments will be a linear progression that moves from consumer-to-consumer (C2C) to consumer-to-business (C2B), then to business-to-consumer (B2C) to business-to-business (B2B).
With its newest offering designed for legal cannabis businesses , AeroPay ‘s B2C and B2B payment tools aim to help companies in this market migrate away from manual and paper-based payment methods. The ISO 20022 payments messagingstandard is a key focus for payments innovators looking to improve upon legacy payment rails.
FINTAINIUM is combining its Account Receivables and Payables Management Platform with Everlink's eHUB Digital Payments Platform to support real-time B2B and B2C payments that adhere to ISO 20022 payments messagingstandards. China Touts Proprietary Digital Currency.
Building on new initiatives to overlay legacy systems (like ISO 20022 messagingstandards) can aid in those endeavors. For treasurers, innovation tied to the digitization and enhanced messaging can provide greater visibility as to where funds are (and where they’re headed) at any moment.
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