Remove Cross-Border Payments Remove Remittance Data Remove Wire Transfer
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Deep Dive: Slowing Down, Saving Up: Capital Management Conundrums

PYMNTS

However, cross-border commerce still represents a major growth opportunity for struggling businesses. The value of the global cross-border payments market is expected to grow from $27 trillion in 2020 to $35 trillion by 2022. .

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Mastercard Embraces Existing Rails To Drive B2B Payments Value

PYMNTS

Does it do so by old-school wire transfer? Matching the payment mechanism to the project has been a thorn in the side of global procurement since the days of the spice trade. But let’s say new efficiencies allow the supplier to be onboarded reasonably quickly. Relatively new procurement cards? Maybe ACH ? Or maybe even fast ACH?

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Chase, AFP Applaud B2B’s Shrinking Check Use

PYMNTS

Further, the report noted, just because businesses appear to be shifting away from paper checks doesn’t mean they’re fully embracing automated, digital payment tools.

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