The U.S. Fintech Symposium

The B2B Payments landscape on traditional rails is riddled with challenges such as speed, lack of transparency, high fee structure and long processing times. The pandemic has underscored how the buyer to supplier value chain can suffer with the often manual, labor-intensive business payment processes. It is estimated that 42% of B2B payments are still made with paper checks in the United States and 75% of the 25+ billion invoices exchanged annually still require manual processing. The time for digitization is now.

Businesses and financial institutions need to adapt their systems and processes and provide secure, cheaper, faster payments with efficient cash flow management and better client experience. In this session we'll learn how banks can embrace blockchain technology to modernize the B2B payment systems, blend old with new to stay relevant yet ahead of the curve.