How Bankers Can Bridge the Digital Payments Gap from B2C to B2B

Financial institutions have come a long way in digitizing payments and payment processes, and many offer robust solutions for P2P (person to person/peer to peer) and B2C (business to consumer) payments. B2B (business to business) payments, however, are still dominated by checks and cumbersome processes, partly due to a technology gap between consumer and retail solutions. What can bridge this gap? One way is to find opportunities to innovate in the lower-risk small business space first. Faster payments solutions Faster payments capability

The P2P Marketplace: Can Zelle Live Up To Its Promise?

Since we last wrote about Zelle, the P2P payments solution has experienced some significant growth (and an anniversary). While we’ve heard our fair share of financial institution executives lamenting the rise of competing P2P platforms from fintechs, the key for Zelle is that it has some differences that make it less a competitor and more of a potential ally for FIs. I recently had the opportunity to discuss some of these differentiating factors in a recent interview with CUJournal,