B2B payments: The emerging battleground for Asian banks

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The story "B2B payments: The emerging battleground for Asian banks" was covered 5 days ago by e27, a news publisher based in Singapore.

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B2B payments: The emerging battleground for Asian banks - e27

Quick Summary:

For the longest time, owning the consumer payments space has been Asian banks’ key focus However, the shift is likely to change in favour of the under-serviced B2B payment segment and right now banks are coming up short in their offering.

A trend that is now spreading throughout the Asia-Pacific region, where traditional payment systems are lagging far behind the needs of modern businesses.

Forward-thinking institutions are positioning themselves to offer Cards-as-a-Service and other embedded financial products to meet the evolving needs of their corporate clients.