Back to Remote Connect Sessions

The Time is Now: High-Potential Initiatives to Improve B2B Payments Efficiency

Overview

Date 01:20 PM - 02:20 PM (1 hour)
Wednesday, August 25
Track
Corporate & End User Perspectives
Event
Remote Connect

The stars are aligning for change in the B2B space. For decades, many end users have experienced pain points, which have hampered industry adoption of electronic payments and processing automation. However, the focus on smarter, faster payments and the increasing adoption of instant payments is an impetus for change. Panelists ravel potential initiatives for improvement, and discuss why now is a critical moment to move the industry forward.

Questions answered during this session:

1. What are potential initiatives to improve B2B payments and what benefits could they bring to providers and end users?
2. Why is now the right time to pursue initiatives to improve B2B payments and why should the industry focus its attention on B2B payments?

Speakers:

G
Guy Berg
Vice President, Payments, Standards & Outreach Group
Federal Reserve Bank of Minneapolis