Why do B2B payments still lag so far behind consumer payments? Codat’s CRO Joey Rault sat down with Jesse Schwarz from JP Morgan at Money20/20 to dig into this question and the innovations that are driving change.
Did you know that ⅓ of US B2B payment volume still relies on cash or checks? In this interview, Codat’s CRO Joey Rault and Jesse Schwarz from JP Morgan dive deep into the strategic shifts revolutionizing B2B payments with Fintech Futures reporter Heather Sugg.
They explore why resistance persists and how banks are adapting to usher in a new era of efficient, scalable payment solutions. Topics covered include:
- Why B2B payments lag behind consumer payments, and the innovations addressing this
- The challenges banks face in driving payment innovation for businesses
- Overcoming resistance to change
- The benefits of real-time payments for businesses
First published by Fintech Futures