Visa to acquire YellowPepper, Shopify teams with TikTok, Fiserv Q3 Earnings Soar on Digital-First Strength

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October 28, 2020

PYMNTS TV B2B Payments 2021

Pandemic’s Pressure Points Highlight B2B Payments' Vertical Needs

Paper checks and even fax machines have long been hallmarks of B2B inefficiencies. But in a roundtable discussion, top executives from Cargomatic, Passport, PNC and TripActions tell Flywire CEO Mike Massaro that the pandemic’s pressure points will transform B2B payments and emphasize the importance of vertical requirements. Here’s how they expect things play out.

 

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Guide To Modernizing Digital Payments

Western Union Heads To The Cloud To Make B2B Payments Faster

Businesses want a frictionless and Uber-like payment experience, but delivering that can be challenging due to security and compliance issues, says Shelly Swanback, Western Union’s president of product platform. In this month’s FI’s Guide To Modernizing Digital Payments, Swanback discusses how integrating a cloud-based infrastructure along with use of automated systems can help strike a balance between these competing needs.

 

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eCommerce Cybersecurity

Kount Says Fraudsters Will Follow Shoppers This Holiday Season

Consumers are flocking to the digital-first economy, but fraudsters are following. Kount Chief Customer Experience Officer Rich Stuppy tells PYMNTS the severity and complexity of eCommerce fraud remains unknown, but the size of the threat isn’t. Expect major problems this holiday season.

 

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Podcast: Digital Transformation

Digital Transformation Accelerates Emerging Payment Platforms 

The payments business is maturing at an accelerated rate, with COVID-19 serving as just one driver. Domenico Scaffidi, head of market infrastructures for FinTech software maker Volante Technologies, says cloud technology and digital transformation are creating better trust and security for banks. 

 

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Podcast: Credit Unions 

Credit Unions Use Payments to Build Primary Financial Relationships

The pandemic has affected every element of consumer spending, with people looking for simplicity amid their complicated lives. Bruce Dragt, chief product officer at CO-OP Financial Services, tells PYMNTS that credit unions can be a key partner in that endeavor. Here’s how they can provide easier, more secure and more directly integrated payments experiences.

 

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Payments Orchestration Playbook

REPORT: Payments Orchestration Optimizes Digital Payments Efficiencies, Boosts ROI

The surge in digital purchasing is good news for struggling businesses, but the cost of processing transactions and operational inefficiencies can overshadow the benefits of accepting digital payments, says Bronson Tubb, vice president of engineering at software firm Omicron Media. PYMNTS speaks with Tubb in the November Payments Orchestration Playbook about how payments orchestration can help reduce transaction costs and maximize cost savings.

 

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