Find collaborative solutions to persisting challenges in payments, securities services and cybersecurity.
Dear clients,
The pandemic has without question accelerated the growth in B2B e-commerce to unprecedented levels. Estimated between four to six times the value of the B2C market, today B2B e-commerce has become the fastest growing segment for many companies.
As B2B buyers become more comfortable with sourcing online and realise increased efficiencies across the supply chain, businesses are making it a priority to ramp up their digital preparedness. B2B buyers are seeking the same user experience as B2C customers, resulting in numerous disruptions, especially around development of new payment options and new forms of B2B financing.
However, it is challenging for businesses to participate in the B2B e-commerce landscape without the adoption of digital platforms for their business transactions. Standard Chartered has been helping B2C and B2B organisations across Asia, the Middle East and Africa manage these transformations and simplify their journey to e-commerce.
In this edition of Bankable Insights, you will find several examples of how Standard Chartered has helped clients to capitalise on B2B e-commerce trends by implementing the right technology solutions to suit their operating models.
We look forward to hearing your thoughts on the articles and to explore how we can work with you on your e-commerce journey.
