Millennials drive move to faster payments, FinTech moves to acquire Amazon sellers, Visa on innovation at the POS

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November 5, 2020

CFO’s Guide To Digitizing B2B Payments

Digitizing B2B Payments: Virtual Cards Save CFOs Invoicing And Payments Hassles

Manual, paper-based payments and processes can cost construction firms $50,000 a year, says Jeff Freese, controller at commercial wall-system contractor Nevell Group — and why virtual cards appeal to chief financial officers who want to digitize the process and pay suppliers faster.

 

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Digital Disbursements

Built For Speed: Millennials Drive Move To Faster Payments

Legacy payment methods like paper checks are becoming very 2019. Ingo Money CEO Drew Edwards tells Karen Webster the stage is set for instant payments to be embraced – especially by 'smokestack economy' firms like insurance and investment companies that have traditionally relied on checks.

 

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Digital-First Economy

FIS: Contactless Payments, Curbside Pickup Will Become Digital-First Necessities

Merchants and consumers both benefit from curbside pickup, Norm Marraccini, senior vice president of digital payments, ACH and RTP at FIS, says – and why curbside will be one of the pandemic’s digital shifts that’s here to stay.

 

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Amazon Sellers  

Former Bain, Wayfair Exec Leads Drive To Acquire Powerhouse Amazon Sellers 

When Perch CEO Chris Bell goes on Amazon, he’s not looking for socks, but small mom-and-pop sellers to buy. A former Bain and Wayfair executive, Bell thinks plenty of small Fulfillment by Amazon sellers could become CPG powerhouses with a little help.  

 

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Online Ads

Big Q3 For Google, Facebook Ad-Buying Bodes Well For Holiday Sales

Optimism is breaking out all over the ad world as big tech companies and big ad agencies report a huge uptick in ad revenue. The increase could portend a similar jump in consumer spending this holiday season.

 

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How We Will Pay 

Visa: Payments Innovation Spans The Point Of Sale Continuum

Consumers are no longer sticking with digital because it’s the only game in town; they’re staying digital because it’s the better game in town. Brian Cole, Visa’s North America senior vice president and head of product, tells Karen Webster that revolutionizing the new customer journey requires continual digitization and point-of-sale innovation.

 

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