The fast, frictionless payment transactions experienced by consumers are influencing B2B customer expectations and driving payments digitisation.
The latest whitepaper by Accuity, a LexisNexis® Risk Solutions company, explores:
- The added value of data in the new payment ecosystem, including ISO 20022 and APIs.
- The benefits of electronic payments in B2B to reduce friction and improve efficiencies. Improvements could lead to a $950 billion global opportunity across invoice processing, Accounts Payable payment processing, working capital management, factoring and cross-border payment optimisation.
- The impact of digital payments transformation on key B2B sectors:
- Corporates, including small- and medium- sized enterprises
- Financial institutions
- Fintech companies