Cancelled orders, payment delays plague clothing suppliers, Comdata discusses a season of B2B payments change, and Zomato partners wit InCred for restaurant financing
| | BUSINESS-TO-BUSINESS EDITION | Finding The Tech-Human Balance In B2B Payment Optimization Although many firms have finally ditched the paper check, payments digitization isn't the silver bullet to friction in B2B transactions. According to Paymerang CEO Nasser Chanda technologies like artificial intelligence, robotics process automation and application programming interfaces will be vital to achieving full automation for both buyers and suppliers, but it's the human finance professional that may be key to optimization. |
Bank-FinTech Collaboration |
Traditional FIs Drive Modernization Through FinTech Pairings Traditional financial institutions continue to anticipate future demands and make progress in their modernization efforts, but they're not doing it alone. In this week's roundup of bank-FinTech collaboration and open banking initiatives, Citi embraces the unlocking of account data to third-party FinTechs, while WEX weighs in on the opportunity for banks to take advantage of partnerships. Plus, one FinTech offers a new spin on the open banking model to drive financial inclusion. |
| Podcast: B2B Payments | CFOs Navigate Season Of B2B Payments Change Moving paper-based AP and AR workflows can seem like an overwhelmingly arduous task, but it doesnât have to be, Nvoicepay President Josh Cyphers tells PYMNTS. He explains how CFOs can work with FinTechs to shift digital, securely and efficiently â and be positioned for continued B2B payment changes ahead. | | |
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