article thumbnail

Payment Rail Innovators Dive Into Real-Time

PYMNTS

It was a big week for payments messaging solution provider SWIFT , which announced that it will be revamping its real-time payments strategy. The initiative aims to upgrade its platform to optimize interactions between financial institutions (FIs) for heightened transparency and payments predictability.

article thumbnail

POS Financing Makes Its Way Into B2B eCommerce

PYMNTS

Yet as the B2B commerce industry has seen in recent years, while B2C can offer a valuable, albeit general, idea of how to approach digitization, there are unique hurdles that both buyers and suppliers need to address. ” The retail sector has built its payment strategy “from the ground up,” he added.

B2B 66
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Optimizing B2B eCommerce Payments From The Moment Of Onboarding

PYMNTS

That's one thing where B2C selling merchants can learn from B2B selling merchants. Indeed, many businesses are simply stepping into the B2B eCommerce market for the first time, and thus will have to think carefully about how a B2B payments strategy works in harmony with other workflows of sales, from customer onboarding and beyond.

B2B 105
article thumbnail

Building A B2B eCommerce Strategy From The ERP-Up

PYMNTS

It’s a front-to-back strategy, and while it may provide a positive buyer experience, it has ample opportunity for data bottlenecks and connectivity breakdowns for the seller. Payments workflows are a particularly large hurdle in this space. ”

B2B 59
article thumbnail

Singapore’s Nium Names Frederick Crosby Chief Revenue Officer 

PYMNTS

Crosby brings almost 20 years of experience in C2C, B2B and B2C payments, including expertise in cross-border transactions. He was responsible for pioneering digital cross-border payments at PayPal, Western Union and eBay, and most recently was the chief revenue and marketing officer at Veem.

article thumbnail

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. The result? Conflict Of Interest.

article thumbnail

The Fed Prioritizes Security As Payments Speed Up

PYMNTS

“Tackling today’s security challenges will require the commitment of all payment system participants,” said Gordon Werkema, the Fed’s payments strategy director, in a statement last week.

Fed 77