• Home
  • Login
  • Register
Currency Insider
  • Home
  • Reading Library
  • CBDC Think Tank
SUBSCRIBE
No Result
View All Result
Currency Insider
  • Home
  • Reading Library
  • CBDC Think Tank
Currency Insider
No Result
View All Result

How The Pandemic Is Driving Treasurers To Digitize B2B Disbursements

by CBDC Insider
October 16, 2020
in Business
Reading Time: 1min read
0
How The Pandemic Is Driving Treasurers To Digitize B2B Disbursements
Share on FacebookShare on Twitter

Many businesses saw their financial standing turned upside down during the early months of the COVID-19 pandemic, as they adapted to changes in how they could interact with their customers, clients and employees. The shift to remote work by a large number of firms effectively rendered their old ways of managing B2B disbursements to partners or vendors obsolete.

Many of these firms had been using manual processes to finalize such transactions prior to the pandemic’s onset. The closures of brick-and-mortar offices, however, compelled them to seek out treasury solutions that were not paper-reliant so they could keep up with their clients’ changing needs, said Katrina King, executive vice president and treasury management sales manager for Cadence Bank.

Read more:

RELATED STORIES

UAE Central Bank Launches ‘The Digital Dirham’ CBDC Strategy

UAE Central Bank Launches ‘The Digital Dirham’ CBDC Strategy

March 24, 2023
Adopting CBDC Could Destabilize Banks, Help Households, US Treasury Study Says

Adopting CBDC Could Destabilize Banks, Help Households, US Treasury Study Says

March 24, 2023

https://www.pymnts.com/disbursements/2020/how-the-pandemic-is-driving-treasurers-to-digitize-b2b-payments/

Previous Post

How Visa, FIS, TCH, SWIFT, Nacha And Circle See The Future Of Faster, Real-Time Payments Rails

Next Post

50,000 Shoppers Give China’s Digital Yuan Its Biggest Test Yet

Next Post
50,000 Shoppers Give China’s Digital Yuan Its Biggest Test Yet

50,000 Shoppers Give China’s Digital Yuan Its Biggest Test Yet

© 2022 CBDC Insider

No Result
View All Result
  • Home
  • Map
  • Reading Library
  • CBDC Think Tank
  • Partners
    • DEA
  • Login
  • Register