FIs struggle with IT infrastructure, Mastercard rolls out B2B Blockchain tech, and Billtrust CEO talks AP innovation.
| | | | BUSINESS TO BUSINESS EDITION | | Why Faster B2B Payments Are A Marathon, Not A Sprint
TransCard CEO Greg Bloh knows paper checks are a sticky challenge in B2B payments. But, as he recently told PYMNTS, empowering businesses with faster, data-rich payments will require more than an immediate switch from check to ACH or virtual card. Why? Because suppliers probably won't be able to adapt to such an immediate change. Bloh explains why giving suppliers options in how they get paid, coupled with education about better payment methods, may be a slower, but better, way for B2B transactions.
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| Too Much Standing In The Way For SMBs To Adopt The Cloud
Research suggests CFOs trust the cloud. SMBs? Not so much. The newest survey results from Right Networks finds small businesses have a lot of worries on their minds, from employee costs like healthcare to administrative burdens. While cloud technology can help boost productivity, in some cases, there is too much standing in the way, researchers find.
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| | PYMNTS Bank Innovation Readiness Index™ | | NEW DATA: How IT Infrastructure Holds FI Payments Innovation Hostage
When 214 banks talk, hopefully everyone will listen. A new report released today by PYMNTS.com, based on speaking with 214 banks, presents more than 350 data points on the âstate ofâ payments innovation, as they report it. The good news: Thereâs a lot of innovative products and features being rolled out. The bad news: Nearly 40 percent say they struggle to roll out new products, given inflexible IT infrastructure. Go deep on what that means in the brand-new PYMNTS Bank Innovation Readiness Indexâ¢, in collaboration with i2C. Read More... |
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