{"id":13311,"date":"2019-07-16T07:53:51","date_gmt":"2019-07-16T07:53:51","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=13311"},"modified":"2019-07-16T07:53:51","modified_gmt":"2019-07-16T07:53:51","slug":"pureplay-digital-operators-to-process-usd-14-trillion-in-b2b-payments-by-2023","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/pureplay-digital-operators-to-process-usd-14-trillion-in-b2b-payments-by-2023\/","title":{"rendered":"Pureplay digital operators to process USD 14 trillion in B2B payments by 2023"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">New data from Juniper Research suggests that B2B transactions processed by pureplay digital operators are likely to reach USD 14 trillion by 2023, up from USD 6.7 trillion in 2018. This expectation results from banks\u2019 purchase departments struggling to quantify returns on investments from the implementation of digital technologies that would replace or augment existing mechanisms. As a result, they rely heavily on manual processes and traditional suppliers. This has allowed new entrants (e.g. Modulr and Soldo) to gain a foothold in the space, taking advantage of their lack of legacy systems and the use of updated and real-time payment technology that integrates with companies\u2019 accounting software.<\/span><\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-13311 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='&#8220;First in the world\u2019\u2019 mobile bank for SMEs launches in UK'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/first-in-the-world-mobile-bank-for-smes-launches-in-uk\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2017\/02\/maxresdefault-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-6946\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-6946'>\n\t\t\t\t&#8220;First in the world\u2019\u2019 mobile bank for SMEs launches in UK\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='China UnionPay and banks create unified payment app'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/china-unionpay-and-banks-create-unified-payment-app\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/05\/photo-1423784346385-c1d4dac9893a-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-9557\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-9557'>\n\t\t\t\tChina UnionPay and banks create unified payment app\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Financial Services Industry Struggling with Rapid Rate of Digital Transformation'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/financial-services-industry-struggling-with-rapid-rate-of-digital-transformation\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2022\/01\/38639d0a-0572-e312-35fc-1cc9f10603a31-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-16550\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-16550'>\n\t\t\t\tFinancial Services Industry Struggling with Rapid Rate of Digital Transformation\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>New data from Juniper Research suggests that B2B transactions processed by pureplay digital operators are likely to reach USD 14 trillion by 2023, up from USD 6.7 trillion in 2018. This expectation results from banks\u2019 purchase departments struggling to quantify returns on investments from the implementation of digital technologies that would replace or augment existing &hellip;<\/p>\n","protected":false},"author":5,"featured_media":13342,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,16],"tags":[400,335],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/13311"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=13311"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/13311\/revisions"}],"predecessor-version":[{"id":13312,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/13311\/revisions\/13312"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media\/13342"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=13311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=13311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=13311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}