FinTech in B2B Payments: A Case for Collaboration?
When thinking of B2B payments, one might very well picture an antiquated back office, paperwork piled high to the ceiling and a phone ringing off the hook with vendors demanding to know where their cheques have got to. Yet increasingly, savvy businesses are shaking off this image and are looking beyond paper to advancements that bring the back office into the twenty-first century. Trends poised to transform B2B payments include: Straight-through processing, cross-border and real-time payments, E-Invoicing, cloud-based automation and the potential of APIs, multi-bank networks, and virtual accounts. And…READ MORE