Visa, Airwallex partner on global corporate card, CounselLink explores corporates’ biggest legal payment challenges, and Nacha develops payment data sharing platform
| | | | BUSINESS-TO-BUSINESS EDITION | | Easing B2B Paymentsâ Migration To Real-Time Settlement New use cases for real-time B2B payments continue to emerge, but convincing a company to make the switch from paper checks to an entirely new payment rail wonât be easy. Transparent Systems Co-Founder and CTO Jeff Kramer tells PYMNTS how an ecosystem of payment rails old and new can drive corporate payments change. |
| Open Banking/Bank FinTech Collab |
| Open Banking Targets SMB Apps, Payments Data As Open Banking frameworks spread throughout the globe, financial service providers are finding new opportunities in unlocking data. In the U.S., NACHA opens up transaction data, while elsewhere, banks target the small business customer with third-party app integrations. |
| | Cash Flow Management | | Strategizing Corporate Legal Departmentsâ Invoice Payments Corporate legal departments and outside law firms have unique B2B relationships that warrant custom fee agreements and payment arrangements. But the age-old challenge of misaligned cash flow incentives on both sides remains a challenge. CounselLink General Manager Aaron Pierce explores opportunities to turn legal department invoice payments into a strategic cash flow function. |
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