14
Oct
Prior to the pandemic, only 33% of B2B payments were electronic, due to a lack of investment in foundational payments infrastructure as well as a lack of compatibility between electronic payment systems. Post COVID, however, real-time speed and global reach have become mandatory to business. Hence, businesses have accelerated their electronic payments investments. NIUM is optimistic about this. Business-to-Business (B2B) payments is an attractive FinTech segment where a large market opportunity and relatively limited adoption of digital payments has created significant growth opportunities for digital disruptors. Companies have realised that- The current infrastructure for global payments is antiquated and slow. The need for global reach is…