Visa's Kevin Phalen traces B2B payments' innovation progress, Square launches tax tool for SMBs, and PYMNTS' Securing B2B Payments Report eyes construction v-cards
| | BUSINESS-TO-BUSINESS EDITION | Securing B2B Payments Report⢠|
Construction Payments: Building The House With Virtual Cards In the $1.8T construction industry, payment delays to contractors and subcontractors can have a crippling effect on the timely completion of projects. Karin Rush and Linnet Phoenix of DPR Construction explain how virtual and purchasing card technologies keep its network of 4,800 subcontractors from avoiding financial hardship while keeping payment flows secure in the latest Securing B2B Payments Report. |
Speed Finds Opportunity In B2B Payments Beyond Accounts Payable Corporate treasurers see increasing value in faster and real-time payment solutions, though adoption of speed won't necessarily come from accounts payable. Rather, a look at service providers' latest offerings focus on other uses for speed: from Chase's faster small business bank deposits to Mastercard virtual cards enabling faster invoice payments in the property management sector. |
| B2B Payments | Visaâs Kevin Phalen: Making The Case For B2B Payments' Innovation Progress Between paper checks and mounds of paper, B2B payments can seem stuck in the past. Kevin Phalen, global head of Visa Business Solutions, made the case for why B2B payments have made more progress than many might think at this year's PYMNTS B2B Payments Executive Forum. Hereâs what he said. | | |
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