B-to-B payments

Customer interaction platform Podium has added a Payments feature, allowing businesses to use text messaging to accept funds directly from customers.

Deluxe has spent many years working to diversify beyond paper checks, which are in an inevitable decline. But that diversity led to confusion.

The technology can quickly sift through and analyze contracts, nondisclosure agreements and other legal documents, says InCloudCounsel's Troy Pospisil.

B2B payments can thrive in the uncertain regulatory environment with the help of APIs, says Become's Eden Amirav.

By implementing a leading AI solution, your team can audit 100% of spend, making sure that every invoice complies with its contract terms, says Anant Kale of AppZen.

Achieving the myriad business cash flow benefits from RTP is easier said than done, as global standards can conflict with local laws, rules, regulations and organizational culture, says Santander's Chris Bozek.

It can be hard to spot insider fraud, duplicate invoices and service glitches by hand, says AppZen's Anant Kale.

While many consumers and large businesses are keen to adopt digital, real-time payments, there are still some groups of users that tend towards longer-established payment methods that are inconsistent with the digital economy, according to Standard Chartered's Tarek Elyafi and Shantanu Vijaykumar Bhosale.

Emburse, a new consolidation of several corporate expense management platforms, now supports instant reconciliation of business expenses at the moment the transaction occurs.

Fraudsters are smarter and more devious than ever before. With that evolution comes an increase in successful fraud attempts, seen especially by companies that do not practice modern payment safety protocols.