FIS - Meeting The Challenge Of Payments Modernization: Understanding Customer Needs - June 2022 - Discover how FIs are working to address B2B payment challenges for corporate clients

Meeting The Challenge Of Payments Modernization: Understanding Customer Needs

REPORT: 93% of FIs Say Embedded Finance Streamlines Corporate Cross-Border Payments Flows

In “Meeting The Challenge Of Payments Modernization: Understanding Customer Needs,” a collaboration with FIS, the vast majority of the 300+ industry execs surveyed by PYMNTS also saw increased use of embedded finance as a primary solution.

Inside the June Playbook

  • 32%: Portion of Fls serving middle-market companies that currently provide supplier portals
  • 30%: Share of Fls that say their digital solutions are “very” or “extremely” effective in tackling B2B payments frictions
  • 95%: Share of Fls serving large enterprises that provide digital lockboxes to reduce B2B payments frictions

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