It’s September 2024, and this month, we’re focusing on business-to-business payments. B2B payments are difficult because so much information must be exchanged for them to process efficiently. But there’s more to it than that.
B2B payments are many things to many people - for finance teams, they are “payables”; for gig economy companies, they are “payouts”; for providers, like insurance companies, they are “claims payments.” The list goes on - and within each of these sub-categories, there are niggling nuances that are requirements for making these payments streamlined and affordable.
For today’s episode, we pulled a favorite from our vault - number 146, a discussion between George Peabody and Robin Gandhi. Since this aired in March of 2021, Robin has moved to a post as Chief Product Officer at Nium, and TripActions has rebranded to Navan. But the underlying ideas discussed regarding B2B are still important - and this idea of multi-player fintech and what it means for B2B payments is quite relevant.
Payments on Fire™