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B2Bank Integration: A New Acronym for the Changing ECommerce Landscape
Business-to-business electronic commerce (B2B e-commerce) has evolved in ways never imagined during the heyday of electronic data interchange (EDI). Banks have been trying to streamline the resulting complex integration with business clients. They seek better ways to deploy and support the critical connections between the applications running at the bank and their corporate clients' financial and accounting systems. TowerGroup believes the complex connection between business clients and their banks merits a new term, expressed by the acronym B2Bank. This TowerGroup ViewPoint discusses the evolution of bank-to-client systems integration, describes some consequent challenges, examines key components of B2Bank integration, and gives an overview of some of the third parties that are emerging (or reemerging) as providers of integration solutions. Please complete the form below to download the full report from the TowerGroup:
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