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Virtual-Card Adoption – Not An ‘All-Or-Nothing’ Strategy

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” Mixing Payments Tools. As CFOs move forward in their payments digitization strategies, migrating away from paper checks is of utmost importance, particularly in today’s touchless world. . There are several strategies finance and AP teams can take to migrate as much spend as possible to v-cards.

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Analysts Press For Corporate Payers, Banks And FinTechs To Collaborate

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Their 2017 survey contains data points that all point to one conclusion: Companies are forced to reshape their payment strategies thanks to a combination of factors, including the rising threat of payments fraud, increased globalization and high payment volumes. But how businesses reshape their payment practices varies.

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When B2B Payments Innovation Is All Talk, No Action

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. “Toward the end of this year, we started to see more of a shift in investment toward the B2B side,” said Reetika Grewal, Silicon Valley Bank’s head of payments strategy and solutions. We’re seeing a lot of new company formation around the B2B payment space in a way we haven’t seen before.

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Deep Dive: How Outdated Marketplace Payments Lead To Freelancer Desertion

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One report found that 22 percent preferred to be paid via PayPal, and over 48 percent would like transfers via bank or automated clearing house (ACH). Building prosperous, trustworthy relationships with freelancers thus requires marketplaces to personalize their payment strategies for the gig workers with whom they wish to collaborate.

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Banks’ Definitive B2B Payments Guide To Sibos

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While FinTechs are offering a greater variety of solutions to business users than ever before, corporate finance chiefs and treasurers still turn to their banks first to improve their B2B payments strategies. Beyond the Payment.

B2B 49