Customer expectations drive corporate innovation, and customers now have stronger expectations than ever before.
Even commercial business-to-business (B2B) players are coming to expect the same technology-driven experience as consumers in B2B transactions.
Embedded finance, generative AI, and other payment technologies are revolutionizing the business ecosystem by speeding up operations, boosting decision-making, and delivering unmatched insights into financial transactions.
While successful B2B payment systems are frequently comprehensive, simple to use, and rapid, all of the inventive new bells and whistles that end-users have evolved to want have put organizations trying to succeed in 2024 in a difficult, yet age-old, predicament when it comes to developing a plan.
This is due to the fact that, in the face of rapid technological advancement, the problem of Buy, Build, or Partner in the field of payment modernization has taken on new dimensions.
The traditional approach of building an in-house solution, acquiring a ready-made product, or forming strategic alliances is evolving.
