Key trends that are changing the payments industry
by Kylene Casanova
The Paypers has published a guide to payments, supply chain finance and e-invoicing, outlining the trends, developments and disrupters in that space.
The guide - B2B Fintech: Payments, Supply Chain Finance & E-Invoicing Guide 2016 – includes articles written by payments sector experts on topics ranging from B2B payments, blockchain and innovation, to regulation & law, e-invoicing and commercial payments.
Trends that are having a significant impact on the payments industry are outlined in the introduction to the guide. These include:
- non-bank digital entrants;
- the modernisation of domestic payments infrastructures;
- digitisation in transaction banking;
- cross-border payments inefficiencies;
- using technologies and fintech to solve actual problems;
- organisational issues of responsibility for implementing a payments service/product;
- changes in regulations;
- M&A within the payments industry; and
- the optimisation and standardisation of old infrastructure, processes, data analysis and reporting.
Some of the articles in the guide include:
- Cross-border Invoicing – The Real Challenge for Multinational Projects | Bartłomiej Wójtowicz, Product Development Manager, Comarch EDI
- Financing International Supply Chains: An Idea Whose Time Has Come | Alexander R. Malaket, Deputy Head of the Executive Committee, ICC Banking Commission
- The Three-Phased Transformation of Supply Chain Finance with Blockchain Technology | Gys Hough, Consultant, Innopay
- Blockchain in B2B Payments | Enrico Camerinelli, Senior Analyst, Aite Group
To download the digital guide, click here.
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