Why payroll seeks a seat at the payments innovation table, WEX secures $400 million investment, and Singapore authorities support Wirecard probe
| | | | BUSINESS-TO-BUSINESS EDITION | | Pulling B2B Payments Into The New Economy From fragmented platforms to fraud, the pain points of legacy B2B payments infrastructure can hit companies hard. For FinTechs and other firms in the new economy, however, those pain points are unacceptable. Qolo CEO Patricia Montesi described the balance that must be struck to work with older tools and networks without sacrificing integration, efficiency and security. |
| Payment Rail Innovators Focus On B2B Payments Data Whether building solutions on existing rails like ACH or developing new infrastructure to bypass legacy tools, payment rail innovators are placing a new emphasis on data. This week's exploration of Payment Rail Innovation finds industry players, including Nacha and Boost Payment Solutions, emphasizing B2B payment data visibility for transaction traceability, security and automation in the back office. |
| | Payroll | | Why Payroll Deserves A Seat At The Payments Innovation Table With payroll data instrumental to connecting businesses with government relief efforts, many organizations are waking up to the importance of the payroll function within the enterprise. Yet legacy tools often remain in place. Humi CEO Simon Bourgeois told PYMNTS why payroll innovators must find their voice in broader discussions surrounding development of national payment ecosystems to support both back-office digitization and economic recovery. |
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