Fintech Magazine March 2026 | Page 114

BirchStreet’ s Phil Beck on how innovative payment partnerships are transforming supplier enrolment in the hospitality sector
BIRCHSTREET SYSTEMS
BirchStreet’ s Phil Beck on how innovative payment partnerships are transforming supplier enrolment in the hospitality sector

When Phil Beck joined BirchStreet in the summer of 2024, he brought years of experience in banking and solving complex payment problems that are proving crucial to the innovative cloud-based payment provider.

The company is a global market leader in procure-to-pay software-as-a-service for the hospitality industry. Founded over two decades ago, its success is built on enabling hotels, restaurants and food service providers to automate their procurement processes, streamline payments and improve efficiency.
Phil understands the inherent challenges of this process well. His journey in finance dates back to the mid-1990s, where he worked as a banker at PNC. Being embedded in the industry over subsequent years has seen him work for several companies including FreeMarkets, Ariba and SAP solving sourcing and procure-to-pay challenges.“ I kept gravitating toward embedded payments as an area that had innate interest for me as a finance person,” he explains. This fascination eventually saw him pivot to Capital One’ s commercial bank, where he led the treasury function and gained invaluable knowledge as to how large financial institutions solve payment problems at scale and partner with technology companies to embed their solutions.
114 March 2026