How the $11 Trillion Check Problem Ends – Baxter Lanius

PayPod: The Payments and Fintech Podcast

Episode Topic: Baxter Lanius, CEO of Alternative Payments, joins PayPod to discuss the slow adoption of modern payment methods in the B2B sector, the role of AI in speeding up invoicing, and how alternative payment solutions can help businesses get paid faster. Baxter also explores the intersection of fintech and industries like construction and logistics, highlighting opportunities to improve payment workflows.

Lessons You’ll Learn:

• Why the B2B payments market still relies on checks

• How AI can help automate invoicing and streamline payment workflows

• The challenges of bringing blue-collar industries into the digital payments era

• Why some industries are hesitant to adopt new fintech solutions

• How Alternative Payments is modernizing B2B transactions and enabling faster payments

About Our Guest: Baxter Lanius is the CEO of Alternative Payments, a startup revolutionizing B2B payment workflows. With a focus on AI-driven solutions, Baxter’s company is dedicated to modernizing the payment experience for industries that still rely on outdated systems, like checks. Prior to founding Alternative Payments, Baxter had a role on the board of Giordano’s Pizza, where he learned the value of strong branding and customer loyalty. Baxter is passionate about using technology to improve business efficiency and financial transparency.

Topics Covered:

• The challenges of legacy B2B payment systems

• The potential of AI in fintech

• Embedded finance and vertical SaaS solutions

• Overcoming barriers to fintech adoption in traditional industries