Changes in business payments are accelerating. This session will draw on findings from AFP studies, Federal Reserve research, and NACHA data to provide a picture of the changes in business payments from paper to electronic, and how these changes accelerated during the pandemic era. The session will also highlight new standards, technologies and platforms that are enabling completely electronic payment processes, from supplier onboarding through straight-through processing of remittance data. Learning Objective:
– Understand major changes taking place in the payments industry and how they impact corporate payments practitioners.