Posted by Margaret Weichert on 31 October 2011 | 0 Comments
Tags:
B2B,
payments,
small business,
ROAM Data,
Serve,
American Express,
Chase,
U.S. Bank,
Braintree,
PaySimple,
Intuit,
GoPayment,
Square
There was a time not that long ago, when B2B payments innovation was perceived by many to be “out of vogue.” Back in the late 90s and early 2000s, B2B payments innovation was synonymous with an exuberant group of innovative B2B payment exchanges, marketplaces and hubs that failed spectacularly. Moreover, even the secular trends in payments over the last decade have made little impact in the dominance of paper-based payments, which still account for more than 80% of all payment transactions and over 70% of total payments volume in the B2B space. It is perhaps understandable that many entrepreneurs and innovators looked elsewhere for innovation opportunities during the last decade. In fact, with the exception of Remote Deposit Capture solutions, very little B2B payments innovation gained traction in the 2000s.
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Posted by Deborah Baxley, Principal, Global financial services, Capgemini on 28 August 2011 | 1 Comments
Tags:
Capgemini,
payments,
innovation,
mobile,
mPayments,
Cisco,
M-Pesa
The mobile phone is the first ubiquitous communication device in human history, paving the way for the most revolutionary event in the history of finance. As a consequence, mobile payments are an unprecedented opportunity to address four billion people in emerging markets.
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