2016 Outlook: Commercial and Enterprise Payments

Data and mobility will provide transformative platforms for commercial payments.

Over the past years, commercial payments lagged the consumer payments sector in innovations largely because of the complexity of corporate systems and lengthy adoption periods. This reality appears to be changing and in very interesting ways. Investment has significantly increased in innovation focused on the pain points unique to commercial payments. Recent announcements and collaborations may be the spark needed to make 2016 a year of true change.