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Why Corporate Banks’ Should Seize Purchase-To-Pay Data Opportunity

PYMNTS

Despite its rising popularity, open banking and data sharing frameworks were not necessarily opportunities toward which banks initially jumped. Gradually, however, traditional FIs are increasingly acknowledging the value in open banking. This is a classic build-versus-buy decision,” he told PYMNTS.

Banking 52
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SMB Lending And The ‘Pay-As-You-Go’ B2B Future

PYMNTS

Yantra Financial Technologies said earlier this week that it has enabled lenders to deliver funds in real time, using a business bank account known as BlastPay. The traditional bank loan, said the executive, can take months to wind through the path between initial application and disbursement.

B2B 41
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How To Fix The B2B Payments In India

PYMNTS

There are sophisticated payment rails capable of moving money instantly, he noted, and when a buyer wants to pay a supplier that payment will route directly from one bank account to another. This is, unfortunately, is just a point-to-point system, there is no reconciliation on this basic platform.

B2B 48
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Asia-Pacific’s Anti-Cash Migration Spreads To Corporates

PYMNTS

“Smartphone adoption has grown much more rapidly than general banking and card adoption in the Asia-Pacific region,” said ICD Asia-Pacific Associate Research Director of AP Connected Consumer Marketplaces Shiv Putcha last year when IDC released its mobile payments forecast. Sound familiar?

B2B 65