What’s ahead for B2B payments in 2018, Mastercard looks back at payments in 2017, and Barclays expects big US tax charge.
 

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December 292017

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Payments Milestones

Mastercard’s Miebach On 2017’s Big Payments Breakthroughs
 

If past is prologue, then before we look ahead to 2018, Mastercard’s chief product officer, Michael Miebach, says it’s wise to take stock of the important milestones that drove payments innovation over the last 12 months. Top of Miebach’s list? Acquisitions, APIs and AI. And, the one thing that he says set the stage in 2017 for the new consumer and business payments experiences that will pave the way for the next year of payments innovation milestones.
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VC Investments

B2B FinTechs Diversify Investment Sources Going Into 2018
 

Analysts are expecting a lucrative year for FinTech companies in 2018, with estimates that U.S. FinTechs will secure $4.7 billion from investors of all kinds in the new year. Venture capitalists will, of course, be a part of that trend. But B2B FinTechs seem to be diversifying their financing sources these days, especially as ICOs become more popular. This week’s B2B venture capital roundup — the last of the year — reflects this trend of investment in the space stemming from more than VC funds.
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B2B Payments

Paper Checks Continue To Steal The B2B Payments Spotlight
 

2017 was a huge year for B2B payments innovation. Next year, industry players like Visa will expand their B2B payments services, movements like open banking will address key pain points of the industry, and disruptive technologies like blockchain will experiment with faster, more efficient corporate transactions. But for some, B2B payments progress in 2018 still comes down to one simple thing: getting businesses off paper checks, and on-boarded to electronic payments.

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