Lloyds criticized for SME compensation program, Michelin acquires telematics firm from Fleetcor, and Karen Webster explores the Fed's Faster Payments report.
 

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July 242017

       BUSINESS TO BUSINESS EDITION

Fiserv

Fiserv Goes Direct With Disbursements
 

Corporate disbursements is a tale of two scenarios, Paul Diegelman, VP of business development & partnerships at Fiserv, tells Karen Webster. One which takes analog companies digital and one that meets digital companies where they already operate. Diegelman says, that means two different ways to skin that corporate disbursements cat, lessons, Fiserv has learned over the last four years of fine-tuning and scaling their disbursements model.
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Data Digest

Amex, IBM Make B2B Finserv A Mixed Bag For Q2
 

The year's second quarter is a mixed bag for the financial corporations servicing businesses. Muted corporate spend tempered American Express's performance among its commercial card segment, while regulatory uncertainty is on the radar for Fifth Third Bancorp. IBM missed the mark, Kyriba boasted its growth, and SAP has its S/4HANA solution to thank for a strong quarter. Here's all the financial data you need to know from some of the largest B2B finance and tech businesses.
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Faster Payments

What’s Fast And Slow And Read All Over?
 

The Federal Reserve Faster Payments Task Force released its 64-page report outlining ten recommendations for making payments in the U.S. faster, ubiquitous, safer and interoperable. Three hundred people put a lot of hard work into creating a framework for payments that Karen Webster said in principle sounds not all that different than what we have in place today. With one exception — it comes with the Fed having a seat at the table — and maybe even the seat. So why again, do we need an entirely new payments system run by the regulator whose last innovation was …..? Webster says we probably don’t.

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