Remove Message Standards Remove Payments Tools Remove Wires
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Visa’s Phalen: Better Collaboration Will Push B2B Payments Into The Digital Age

PYMNTS

At a high level, the collaborative approach involves buyers and suppliers using tech and payment tools — and a range of choices — to make commerce and payments more bilateral. Interoperability will get a boost with messaging standards such as ISO 20022. Thus there’ll be no need to pivot to a single set of rails.

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Chase, AFP Applaud B2B’s Shrinking Check Use

PYMNTS

It’s a stark contrast from its historical high of 81 percent in 2004, analysts noted, and suggests checks are steadily declining within corporate payments. The AFP’s report was released the same week a range of new electronic B2B payment tools were announced, the latest in a deluge of digital payment solutions emerging in recent years.

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