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B2B Not A Vital Part Of Real-Time Payments Innovation, Yet

PYMNTS

In the three years since FIS began this annual report, the number of real-time payments programs more than doubled, researchers noted. According to the research, approximately half of the real-time payments schemes in place today can handle corporate and B2B transactions.

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Cross-Border Payments Need More Than Bank-FinTech Collaboration

PYMNTS

According to SWIFT and McKinsey & Company research , B2B cross-border payments accounted for $125 trillion in revenues last year alone, significantly higher than the $54 billion initiated by consumer-to-business (C2B) cross-border payments. The challenges for service providers are lengthy, yet worth the trouble.

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High Revenues, Low Margins An Opportunity In X-Border Corporate Payments

PYMNTS

In a new report , “A vision for the future of cross-border payments,” SWIFT and McKinsey & Company found that B2B cross-border transactions accounted for $125 billion in revenues last year. The next-highest category, consumer-to-business (C2B) cross-border payments, paled in comparison at just $54 billion.