Any big technology breakthroughs yet in corporate payments?
New research from Mercator
Advisory Group says that corporate payments technology is improving but mature
fintechs remain at the forefront of capabilities.
Boston, MA – April 25, 2017
– So much has been
written about fintech and payments during the past couple of years. It might be
best to take a pause and see what is really “emerging” and what is instead the natural
progression of digital solutions across the corporate payments/payables space.
We have all heard of blockchain and APIs, but where are they in play for
corporate payments?
In a new ForeSight report, Emerging Technology in Corporate Payments: Faster Strides but
Legacy Providers Remain the Leaders, Mercator Advisory Group reviews
the corporate
payments landscape and discusses both startup venture capital-based solutions
as well as the more mature fintech providers and bank solutions with a view
toward what can be expected to have a real impact during the next several
years.
Download
this complimentary ForeSight report for free.
"Corporate payments
technology is in the midst of truly unprecedented change, with cloud-based
digital solutions, real-time rails, new business models, better network
connectivity, and advanced technology being utilized and tested on an ongoing
basis,” commented Steve Murphy,
Director of Mercator Advisory Group’s Commercial and Enterprise Payments
Advisory Service, author of the report. “Some of the startup solutions are interesting
small business plays, but the more complicated corporate solutions, while creating excitement, incremental
improvements, and better ways of doing business, are not yet necessarily
transformational breakthroughs in the way corporates do business.”
Highlights of the ForeSight
report include:
- A review of relevant
solutions receiving VC funding
- Discussion around hype
versus reality
- Categorical roundup of
solutions across the corporate payments space
The report is 9 pages long
and contains 2 exhibits.
Companies entioned the
report include:
ACI, ACOM, Amex, AvidXchange, Bora, Bottomline, CGI, CSI Vcard, Comdata,
Corcentric, D&H, Dovetail, Earthport, FIS, Fiserv, Intellect Design Arena,
Mastercard, Mineral Tree, Misys, PayCommerce, Ripple, SWIFT, Tipalti, Visa,
WEX,
Members
of Mercator Advisory Group's Commercial and Enterprise Payments Advisory Service have access to this
report as well as the upcoming research for the year ahead, presentations,
analyst access, and other membership benefits.
Please
visit us online at www.mercatoradvisorygroup.com.
For
more information and media inquiries, please call Mercator Advisory Group's
main line: 1-781-419-1700, send email to media@mercatoradvisorygroup.com.
Follow
us on Twitter @ http://twitter.com/MercatorAdvisor.
About
Mercator Advisory Group
Mercator
Advisory Group is the leading independent research and advisory services firm
exclusively focused on the payments and banking industries. We deliver
pragmatic and timely research and advice designed to help our clients uncover
the most lucrative opportunities to maximize revenue growth and contain costs.
Our clients range from the world's largest payment issuers, acquirers,
processors, merchants and associations to leading technology providers and
investors. Mercator Advisory Group is also the publisher of the online payments
and banking news and information portal PaymentsJournal.com.