Dear Subscriber,

Think we’re done with innovation? Think again. According to Timm Schipporeight, an investor at Adyen and iZettle backer Index ventures, we’re only 10% finished transforming the way payments actually work. Check out our report from ExecFintech in Frankfurt to find out what he and other investors are saying about payments.

Elsewhere in today’s newsletter, we speak to the CEO and founder of Bill.com Rene Lacerte about why his first-hand experiences with B2B payments as an entrepreneur led him to create the business and the state of enterprise payments today. Meanwhile, in a guest post, Keiron Dalton, senior director of Customer Strategy and Innovation at Aspect Software, shares his thoughts on the issues surrounding SMS authentication plus Bank of America and US Bank became the first to launch real-time P2P payments over the clearXchange network.

Finally, a new study from Moody’s shows that the rising usage of electronic payments is having a positive effect on many countries’ GDPs and employment rates.

Payments might be one of the most mature and well-funded segments in fintech, but an investor at iZettle backer Index Ventures says that we’re closer to 10% done on the disruption curve than 90%.

Trying to juggle incoming and outgoing payments continues to be a struggle for businesses. Founded in 2006, Bill.com aims to make that a thing of the past.

In this guest post, Keiron Dalton, Senior Director of Customer Strategy and Innovation at Aspect Software, shares his thoughts on the issues surrounding SMS authentication and what needs to be done to make them safer.

The rise in electronic payments is having a positive effect on many countries’ GDPs and employment levels, according to the latest research from Moody’s, commissioned by Visa.

Customers at US Bank and Bank of America can now make real-time P2P money transfers using their phones. The payments move over the clearXchange network, initially formed by a number of US banks including US Bank and Bank of America alongside Capital One, Wells Fargo, Chase back in 2011 to process P2P payments from email or mobile numbers.

In a sign of the increasing importance of optimising the value of online and offline customer interactions and understanding multichannel customer analytics, UK venture builder Blenheim Chalcot is snapping up customer journey analytics firm iJento.