Banks provide the foundational infrastructure for financial transactions, offering a network that connects various businesses. Expectations from their daily lives spill over into their professional ones. That expectation is hampered because the majority of B2B payments are still reliant on legacy systems and rails. Financial institutions that invest in B2B payments innovation are highly likely to reap the benefits of offering them. To stay competitive and meet the evolving needs of businesses, banks must invest in innovative technologies. Also, the bottom line for financial institutions is that they must ask themselves what they are doing for their business customers to enhance the speed, transparency, security, and efficiency of their B2B payment processes. “The amount of paper that is still passed around in the B2B space continues to stun me; I think businesses are looking for a better way,” said Shawn Cunningham, managing VP and head of Capital One Trade Credit.