Payment Savvy

DECEMBER 11, 2023

Automated Clearing House ( ACH) transfers have revolutionized the way we handle our finances, offering a convenient and secure method to send and receive money electronically. Read on and learn everything you need to know about ACH transfers , including their types, benefits, potential downsides, and their alternatives.

ACH 52

ACH Wire Transfer Direct Deposit Wire 52

PYMNTS

DECEMBER 17, 2019

They can adopt technology to automate various aspects of checks, from printing to generation to submission and, on the accounts receivable side, processing and reconciliation. The other strategy is to migrate to another payment rail, likely Automated Clearing House (ACH), which is quickly climbing the B2B payment ranks.

ACH 52

ACH B2B Third-Party Service Provider ACH Processing 52

PYMNTS

APRIL 24, 2020

It’s been a boon for ACH payments, said Jeff Thorness, president of Forte Payment Systems , a CSG company. As Thorness explained, their embrace of ACH processing technologies is likely to have far-reaching impacts into how they send and receive payments with government suppliers, too, particularly as ACH innovation accelerates.

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ACH Government Governance G2B 64

PYMNTS

DECEMBER 23, 2020

Insurance plan providers looking to modernize may wish to use virtual card payments, John Innes, CEO of payments processing services provider ACH Processing Company, said in a recent PYMNTS interview. Respondents that had automated AR processes said they were now being paid faster and more easily.

Automation 80

Automation B2B AI ACH 80

PYMNTS

MAY 27, 2020

This week’s look at the latest in payments rails innovation finds players including Mastercard, Aflex and Paycor targeting existing card and ACH rails to expand their use for corporates, with a focus on reconciliation, data capture and transparency. Paycor Certified By NACHA. CUs Move Closer to RTP.

Blocks 92

Blocks RTP NACHA Credit Union 92

PYMNTS

SEPTEMBER 9, 2016

With the Same Day ACH rollout coming in just two weeks and other faster payments initiatives taking off, financial institutions are taking significant steps to ensure the transition to a faster processing environment, including improving their payment security platforms to keep fraudsters at bay. Impact On Same Day ACH Rollout.

Same Day ACH 40

Same Day ACH ACH ODFI Faster Payments 40

Stax

FEBRUARY 28, 2024

TL;DR A SaaS billing platform is a digital solution that allows SaaS companies to process payments and manage the overall transaction lifecycle. Automated SaaS billing and subscription management work hand-in-hand to streamline business operations. Its smart automation keeps customers informed at every step.

Payment APIs and Integration 88

Payment APIs and Integration Automation PCI DSS Fraud Prevention 88

BNG Payments

FEBRUARY 4, 2022

With the use of cash dwindling as a payment preference, debit and credit cards and ACH take over as the predominant payment methods. ACH debit payments allow donors to give directly from their bank account. This is done by using an e-check, which is a payment that goes through the automated clearing house (ACH).

Credit Cards 52

Credit Cards Process Processors ACH 52

PYMNTS

SEPTEMBER 4, 2020

The company said it would use the investment to expand its product features with a focus on its automated lending infrastructure, and noted it will now include ACH processing in its offering. As organizations accelerate their sales digitization efforts, B2B eCommerce has jumped to the top of strategic planning initiatives.

B2B 60

B2B API ACH Processing Participant 60

PYMNTS

JULY 31, 2020

According to Ejantkar, the company is also developing capabilities to augment its existing ACH processing functionality through ERP integration, too.

B2B 95

B2B Process Commercial Card Processors 95

PYMNTS

MARCH 2, 2020

Those connections eventually led to an opportunity to take over management of a payments software solution firm called ProCheck, which specialized in helping businesses manage check, ACH and virtual card payments. She jumped at that opportunity, she told Webster, albeit perhaps without fully understanding what she was getting into. “I

Checks 71

Checks Wire Transfer B2B ACH 71

Evolve Payment

FEBRUARY 15, 2024

Improved Accuracy Through Automation Manual error is a constant threat with paper checks. A 2020 PAYMNTS study found that almost half of all businesses surveyed cited manual processes as one of the most critical friction points in their A/R processes.

B2B 81

B2B Checks AFP FinTech 81

Finovate

MARCH 25, 2024

Lending Desjardins partners with cloud banking firm nCino to leverage its Automated Spreading Solution to enhance lending. Open banking Open banking platform Link Money forges partnership with Silicon Valley Bank to enhance ACH processing and money movement for merchants. million (£2.95 million) in pre-seed funding.

FinTech 63

FinTech ACH Processing Credit Union Payment Gateways 63

PYMNTS

DECEMBER 9, 2019

businesses an automated clearing house (ACH)-based debit offering. so it was necessary to have the most accurate ABA routing number information available, and in a way that can be easily integrated into our payments processes.” . “Our ACH processed nearly 23 billion payments in the U.S. percent over 2017.

ACH 52

ACH ACH Processing Payments Global Payments 52