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B2B Payments Drive Instant Payments, Crypto Innovation

PYMNTS

Corporate payments are also a key driver of surging volume: 17 percent of all B2B and B2C digital payments are expected to be real-time transactions by 2025, though B2B payments alone will account for 89 percent of global transaction value. Researchers also highlighted the opportunities for global corporates.

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For Insurance, Faster Payments Means Nothing Without Data

PYMNTS

In particular, a heavy volume of both B2C payments (consumers paying premiums to insurance companies, as well as insurance companies sending claim payouts to individuals) and B2B payments (insurance companies paying service providers) pave the way to a complex mix of payment rails. . “We see really high adoption of virtual cards.”