It has been an eventful year for the entire B2B category, especially at Syncapay, which recently closed its acquisition of DaVinci and North Lane. Syncapay CEO Juli Spottiswood told PYMNTS that she anticipates further acceleration of the B2B payments space in 2021.
Bank-FinTech collaborations are going strong as financial institutions focus on digitizing documents and processes while offering enhanced digital banking experiences. This weekâs look at the most recent efforts in partnerships and open banking highlights a focus on trade finance in addition to a push to provide more complex online banking offerings.
Suppliers must be an integral part of the commercial card adoption conversation, Boost Payment Solutions Founder and CEO Dean M. Leavitt tells Karen Webster, for cards to reach their full potential. The key is creating a card program as dynamic as each buyer/supplier relationship.