March 2010 April 2010 May 2010 June 2010 July 2010
August 2010
September 2010 October 2010
November 2010
December 2010 January 2011 February 2011 March 2011 April 2011 May 2011 June 2011 July 2011 August 2011 September 2011 October 2011 November 2011 December 2011 January 2012 February 2012 March 2012 April 2012 May 2012 June 2012 July 2012 August 2012 September 2012 October 2012 November 2012 December 2012 January 2013 February 2013 March 2013 April 2013 May 2013 June 2013 July 2013 August 2013 September 2013 October 2013 November 2013 December 2013 January 2014 February 2014 March 2014 April 2014 May 2014 June 2014 July 2014 August 2014 September 2014 October 2014 November 2014 December 2014 January 2015 February 2015 March 2015 April 2015 May 2015 June 2015 July 2015 August 2015 September 2015 October 2015 November 2015 December 2015 January 2016 February 2016 March 2016 April 2016 May 2016 June 2016 July 2016 August 2016 September 2016 October 2016 November 2016 December 2016 January 2017 February 2017 March 2017 April 2017 May 2017 June 2017 July 2017 August 2017 September 2017 October 2017 November 2017 December 2017 January 2018 February 2018 March 2018 April 2018 May 2018 June 2018 July 2018 August 2018 September 2018 October 2018 November 2018 December 2018 January 2019 February 2019 March 2019 April 2019 May 2019 June 2019 July 2019 August 2019 September 2019 October 2019 November 2019 December 2019 January 2020 February 2020 March 2020 April 2020 May 2020 June 2020 July 2020 August 2020 September 2020 October 2020 November 2020 December 2020 January 2021 February 2021 March 2021 April 2021 May 2021 June 2021 July 2021 August 2021 September 2021 October 2021 November 2021 December 2021 January 2022 February 2022 March 2022 April 2022 May 2022 June 2022 July 2022 August 2022 September 2022 October 2022 November 2022 December 2022 January 2023 February 2023 March 2023 April 2023 May 2023 June 2023 July 2023 August 2023 September 2023 October 2023 November 2023 December 2023 January 2024 February 2024 March 2024 April 2024 May 2024 June 2024 July 2024 August 2024 September 2024 October 2024
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24
25
26
27
28
29
30
31
News Every Day |

WEX Sees Embedded Experiences Impacting Supply Chains

When it comes to payments, innovation is the name of the game, and “embedded” is the prefix in most of the names being bandied about.

The trend, driven by technological innovation and changing end-user behaviors, has already been embraced in the consumer landscape via apps like DoorDash and Uber. However, it’s the B2B sector where the real value and innovation are set to flourish, WEX Chief Digital Officer Karen Stroup told PYMNTS for the series, “What’s Next in Payments: Embedded Everything: Priority One for Financial Services in 2025.”

“At the end of the day, … the payment or financial instrument is often a means to an end,” Stroup said, adding that “whenever there are friction points in business, that’s where you get drop off.”

“Embedding payments makes the process as seamless as possible,” she said.

Embedded finance refers to the integration of financial products, such as payments, lending, insurance or credit, directly into business operations and customer workflows. In the B2B space, these integrations often facilitate high-value, complex transactions across industries.

For example, Stroup said for companies like WEX, which processes over $225 billion annually in B2B payments, the focus is on embedding financial solutions into areas such as travel, fleet management and commercial supply chains. In these sectors, embedded payments facilitate cross-border transactions, manage multiple currencies, and ensure secure and timely payments.

Across B2B commerce, every second — and every dollar — counts. For decades, however, clunky, outdated payment systems have slowed things down, drowning businesses in manual processes and paperwork.

Embedded Solutions Are Transforming B2B Transactions

“Because COVID lasted for so long, it forced digital experiences, and that drove a huge need for embedded everything, embedded finance,” Stroup said.

With embedded payments, businesses are gaining access to real-time data that allows for better cash flow management and smarter financial decisions. With automation built into the process, the risk of human error drops, making fraud and payment mistakes a thing of the past.

“This idea of embedded everything — embedded finance expanding beyond payments — will become part of the ecosystem,” Stroup said. “When you couple that with [artificial intelligence], we’re obviously at a massive inflection point across the industry with the advent of all of the AI capabilities accelerating what we can do from an embedded finance perspective.”

B2B transactions are often more complex than consumer payments. They typically involve multiple parties, large amounts and intricate payment terms, such as net-30 or net-60 agreements. Embedded payments can simplify this intricacy by automating payment workflows and ensuring buyers and suppliers are aligned on payment terms and processes.

Against this backdrop, Stroup said AI is not just a “solution looking for a problem” but a tool for addressing customer pain points. For example, WEX has used AI to build fraud prevention — not just detection — systems that help drivers in its commercial fleet networks fuel vehicles without delays. Within three months of implementing these systems, WEX saw a 41% reduction in fraud instances, benefiting businesses and consumers.

How Embedded Finance Unlocks Competitive Advantages for Businesses

Companies are under pressure to digitize their operations. Manual processes, such as paper checks or cumbersome bank transfers, are being replaced by faster, more reliable digital methods. Embedded payments are a natural extension of this shift, allowing businesses to offer a fully digital experience that enhances speed, transparency and efficiency.

Stroup said there are three primary benefits of embedded finance solutions: time, money and confidence. By embedding financial products directly into business workflows, companies can save time by reducing manual tasks, improve cash flow management, and gain confidence that they are making the right financial decisions. These benefits are applicable across industries, from small businesses to large commercial fleets.

Beyond payments, embedded finance can expand into lending or financing options, making it easier for businesses to offer customers solutions like financing for large purchases, such as new air conditioning units, she said. This not only benefits customers but also helps businesses increase conversion rates by removing financial barriers.

The technological infrastructure enabling embedded finance is sophisticated and diverse. Key technologies include APIs, cloud computing and open banking. These innovations are critical to creating the flexible, scalable platforms required for embedded finance to thrive, she said.

White labeling, which allows financial products to be embedded into a partner’s platform while maintaining their branding, is important, Stroup said. This is particularly true for financial institutions, which can offer tailored payment capabilities to their customers without needing to develop the underlying technology themselves.

WEX’s own closed-loop network, which allows the company to collect more data and offer specialized services, is an example of how embedded finance providers can use proprietary technologies to differentiate themselves, she said.

“At the end of the day, businesses are focused on solving their customers’ problems,” Stroup said. “Through embedded finance, you can solve your customer’s problems 10 times better than it was possible to before.”

The post WEX Sees Embedded Experiences Impacting Supply Chains appeared first on PYMNTS.com.

Москва

Культовая моноопера Пуленка «Человеческий голос» прозвучит в честь юбилея композитора в Санкт-Петербурге

Survey: Afghan refugees in Germany choose to stay despite experiencing discrimination

Gary Neville starts new job with Man Utd just days after club legend Sir Alex Ferguson was axed by Jim Ratcliffe

'Showing wrong map of India': NZ Cricket slammed ahead of 2nd Test

Liam Payne’s devastated dad ‘trying to bring his son’s body home’ to lay him to rest after tragic balcony fall death

Ria.city






Read also

Huge sales of the nicotine patch Zyn have sent Philip Morris's stock to an all-time high

Diddy’s six children release joint statement DEFENDING their dad & blasting ‘conspiracy theories’ over sex crime claims

Tokyo Metro jumps 45% on market debut in Japan's biggest IPO in years

News, articles, comments, with a minute-by-minute update, now on Today24.pro

News Every Day

Liam Payne’s devastated dad ‘trying to bring his son’s body home’ to lay him to rest after tragic balcony fall death

Today24.pro — latest news 24/7. You can add your news instantly now — here


News Every Day

'Showing wrong map of India': NZ Cricket slammed ahead of 2nd Test



Sports today


Новости тенниса
Дарья Касаткина

Касаткина назвала Андрееву занозой в заднице и пожелала ей удачи



Спорт в России и мире
Москва

Названа стоимость посуточной аренды жилья в городах с главными стартами по фигурному катанию



All sports news today





Sports in Russia today

Москва

Подмосковные боксеры выиграли 50 медалей на турнирах в Москве и Туле


Новости России

Game News

How to defeat the Homo Margo boss fight on Virga Island in Metaphor: ReFantazio


Russian.city


Москва

Старовойт: авиаперелёты в России останутся безопасными


Губернаторы России
Спартак

Гол Зорина принес "Спартаку" победу над махачкалинским "Динамо" в Кубке России


Воронежские блогеры стали лидерами в ЦФО на новой видеоплатформе NUUM

Жителей Самарской области приглашают к участию в новом проекте президентской платформы «Россия – страна возможностей» «СпортТрек»

Беспроводной сканер штрих-кодов SAOTRON P05i промышленного класса

Свыше 6,5 тысячи жителей Москвы и Московской области получили справки о статусе предпенсионера в клиентских службах регионального Отделения СФР и МФЦ


Бузова похвасталась трусами за 100 тысяч рублей

В Эрмитажном театре спектакль - балет «Ромео и Джульетта» в главной роли - Фарух Рузиматов

10-летняя Алиса Юнусова призналась, что слава Тимати влияет на ее общение со сверстниками: «Только из-за этого идут дружить»

Концерт в КДШИ имени П.И. Чайковского


17-летняя Андреева расплакалась после поражения от Касаткиной в финале турнира

Мирра Андреева в финале WTA 500 в Нинбо: борьба за 920 тыс. долларов

Карен Хачанов стал чемпионом турнира ATP-250 в Алма-Ате

Теннисистка Касаткина победила Андрееву в финале WTA



Заказчик и исполнитель резонансного преступления задержаны в Подмосковье при силовой поддержке СОБР Росгвардии

«Деловые Линии» запустили авиаперевозки из Армении

Филиал № 4 ОСФР по Москве и Московской области информирует: Гражданам Москвы и Московской области, получившим тяжелые производственные травмы, выданы автомобили марки «Лада Гранта»

В этом году Отделение СФР по Москве и Московской области компенсировало стоимость полиса ОСАГО 1 192 жителям региона


Историк из Потсдамского университета: Ельцин Просил Клинтона «отдать Европу России»

Путин проводит переговоры с президентом Египта на полях БРИКС в Казани

Саммит БРИКС

Комплектация и технические характеристики Lada Granta


Митя Фомин рассказал, что купил квартиру за 40 млн с видом на Москву-реку

ГД предложат рассмотреть договор о стратегическом партнерстве с КНДР 24 октября

Старовойт: авиаперелёты в России останутся безопасными

«Неожиданно, но факт». Севастопольский экс-чиновник признал свою вину в получении взятки



Путин в России и мире






Персональные новости Russian.city
Юрий Башмет

Mash: дирижер Башмет подал заявление о выселении бывших жильцов из своей квартиры



News Every Day

Lynx force Game 5 of WNBA Finals on Carleton’s free throws to beat Liberty 82-80




Friends of Today24

Музыкальные новости

Персональные новости