B2B payments modernization accelerates, driven by speed, convenience, cybersecurity, and advanced payment methods.
B2B payments modernization is accelerating, with digitization and automation replacing legacy processes like cash, checks and wires. Drivers of this shift include demand for speed and convenience, the necessity of cybersecurity and payments security, and the rise of advanced payment methods. Industry leaders are optimizing and streamlining payment processes while ensuring security, catering to evolving consumer behaviors and expectations, particularly among younger generations.
May 23, 2024
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