Boston, January 25, 2017 – Fintech companies, already forces for banks to reckon with in consumer payments, have leapt into the business-to-business payments market, yet straight-through processing of B2B payments remains elusive. In the interconnected B2B payments ecosystem, can innovation join tradition and create opportunities, even while increasing the intricacy of the ecosystem?
This report, based on information from ongoing subscriber-client interactions, briefings with providers, and specific fact-checking discussions as well as analyst desk work referencing recognized and publicly available data, discusses trends in B2B payments and their impact on this ecosystem. It elaborates on the B2B payments ecosystem, identifies the roles of various categories of participants, highlights changes, and offers recommendations to optimize ecosystem trends for financial institutions, established technology providers, and unorthodox potential challengers or partners.
This 36-page Impact Report contains 22 figures and two tables. Clients of Aite Group’s Wholesale Banking & Payments service can download this report, the corresponding charts, and the Executive Impact Deck.
This report mentions ACI Worldwide, Acumatica, Alibaba, Amazon, American Express, Aptean, Aptys Solutions, Argo, Ariba (SAP), Atos, Banco Central do Brazil, Banco de España, Banco de Mexico, Bancorp Bank, Bank of America Merrill Lynch, Bank of Canada, Bank of England, Bank of Italy, Bank of Japan, Bank of Montreal/Harris, Bank of Tokyo-Mitsubishi UFJ, Banque de France, Barclays, Basware, Bellin, BNP Paribas, Bottomline Technologies, C2FO, Capgemini, Capital One Bank, CDC Software, Central Bank of United Arab Emirates, CGI, CIBC, Cielo, Citibank, Comerica, Coupa, Credit Mutuel, D+H, Diner’s Club, Discover, Dovetail, Earthport, ECCHO (Electronic Check Clearing House Organization), Elavon, Epicor, Esker, European Central Bank, European Automated Clearing House Association (EACHA), Experian, Fifth Third Bank, First Data, FIS Global, Fiserv, FleetCor, Google, Groupe BPCE, GT Nexus, Heartland, HSBC, IBM, ID Analytics, Infor, Infosys, Intellect Design Arena, ION, IQMS, Jack Henry & Associates, JCB, JPMorgan Chase, KPMG, Kyriba, LexisNexis Risk Solutions, Lloyd’s, Mastercard, Merchant Customer Exchange, Misys, Mitsubishi UFJ Nicos, Moneris, Monetary Authority of Singapore, NACHA (National Automated Clearing House Association), NetGuardians, Netsuite, Nice Actimize, Nipendo, Oracle, PayCommerce, Payments Canada, PayPal, Pelican, Perfect Commerce, PNC Bank, RBC (Royal Bank of Canada), Rede, RBS (Royal Bank of Scotland), Reserve Bank of India, Ripple Labs, Sage, SAP, Simility, Societe Generale, SourceHOV, South African Reserve Bank, Square, SWIFT (Society for Worldwide Interbank Financial Telecommunications), Syspro, Tata Consultancy Services, Taulia, TD (Toronto Dominion), Temenos, The Clearing House, ThreatMetrics, Tradeshift, Traxpay, TSYS, Tungsten, UK Payments Administration, UnionPay, United States Federal Reserve System, U.S. Bancorp, Vantiv, Visa, VocaLink, Wells Fargo Bank, WEX, Worldline, and WorldPay.