May 23, 2019

Bank/FinTech Harmony Sets Stage For AP Automation

The B2B space is ripe for transformation, where outdated payment processes mark accounts payable (AP), and where technology can make all the difference as corporates choose their banking partners to satisfy their payment needs.

To that end, Jessica Moran, general manager of Paymode-X Business Solutions at Bottomline Technologies, noted the continued (and accelerating) collaboration between banks and FinTech firms. Joint efforts between those traditional finance players and tech-nimble upstarts have helped make AP automation possible for their respective end clients, she told PYMNTS’ Karen Webster.

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