JPMorgan Chase names new global head of liquidity solutions, PROS talks personalizing pricing and payments in B2B eCommerce, and Chinese firms see B2B payment wait times surge
| | BUSINESS-TO-BUSINESS EDITION | Conferma Pay: Virtual Card Finds Footing Amid Market Volatility Organizations are after a consumer-like payments experience for their own employees, but remote working requirements threaten to compromise security and control of these transactions. Speaking with PYMNTS, Conferma Pay Head of B2B Darren Blair says firms must be tactful when choosing electronic payment technologies, with the virtual commercial card an effective option to retain the integrity of B2B transactions, streamline payment workflows, and promote the financial well-being of the entire supply chain. |
SMB Banking-as-a-Service Ushers In Bank-FinTech Collaboration Small business Banking-as-a-Service rises to the top in this week's roundup of the latest bank-FinTech collaborations and open banking initiatives. Two SMB BaaS companies secured new funding, while FinTech Wise says it is ushering in a new definition of open banking with its embedded banking functionality. Meanwhile, Prime Trust launches a new portal for banks to manage crypto, and Radius Bank releases its own API-powered developer sandbox. |
| B2B eCommerce | Personalizing â Not Just Digitizing â The B2B eCommerce Experience B2B suppliers are accelerating their efforts to digitize the sales process, much to the delight of corporate buyers. But for a truly optimal buying experience, vendors not only need to digitize the sales process, they also need to personalize it for their customers, according to PROS Vice President of Commerce Strategy John Bruno. He tells PYMNTS how pricing and payments are key areas of opportunity to provide a customized B2B eCommerce journey. | | |
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