PYMNTS

JANUARY 19, 2021

With B2B eCommerce proliferating, the market is rapidly evolving to make way for new business and payment models in response to customer demand. Offering payment flexibility, whether it's support for purchase orders and payment terms, ACH, card payments or even PayPal, is critical to providing a positive customer experience.

B2B 110

B2B Payments Push-to-Card B2C 110

PYMNTS

JANUARY 21, 2021

They can eliminate the pain points in business-to-consumer (B2C) transactions by keeping consumers from waiting to receive their funds, while businesses are witnessing the advantages of using real-time payments when transacting with each other. Nacha — which governs the Automated Clearing House (ACH) in the U.S. —

Real Time Payments 92

Real Time Payments RTP P2P Faster Payments 92

PYMNTS

NOVEMBER 3, 2020

But it's not only consumers driving demand for real time. FINTAINIUM is combining its Account Receivables and Payables Management Platform with Everlink's eHUB Digital Payments Platform to support real-time B2B and B2C payments that adhere to ISO 20022 payments messaging standards. Smaller FIs Drive Real-Time Demand.

Use Case 56

Use Case B2B Distributed Ledger Technology (DLT) ISO 20022 56

PYMNTS

DECEMBER 3, 2020

The immediacy of lockdown earlier this year created an inability to create and process payments for receivables,” said Wood, who added that “pre-COVID, 25 percent of business transactions were checks, ACH transfers and even cash advances.”. “The As a result, he said, many firms pivoted quickly toward card payments.

Mobile Payments 85

Mobile Payments Online and Mobile Banking Payments Issuers 85

PYMNTS

DECEMBER 18, 2020

If the pandemic has taught banks anything, it’s that corporates need to offer a range of payment methods to their customers — whether those customers are consumers (for B2C transactions) or enterprises ( B2B ). Morgan , said financial institutions (FIs) need to offer those firms payments functionality on demand. Building In Resiliency.

Economy 67

Economy API Payment APIs and Integration FedWire 67

PYMNTS

MARCH 18, 2019

First, there was the Fed’s decision to slow faster payments progress via Same Day ACH because it wasn’t ready to approve another processing window during the day. Last week, NACHA issued an ACH operations bulletin announcing the delay of the rollout of a third Same Day ACH (SDA) processing window by six months, to March 19, 2021.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

PYMNTS

DECEMBER 5, 2017

Direct deposits, push payments, eWallets, same-day ACH transfers, PayPal, Zelle and myriad other platforms and tools are now second nature. Supply and Demand. The ability to keep up with consumer demand is the crux of any capitalist enterprise. The digital economy is here and, for many consumers, it has become a way of life.

Consumer 56

Consumer Same Day ACH C2B B2C 56

PYMNTS

JANUARY 8, 2020

Yet, as Tony Horling, founder and CEO of InTu Mobility , recently told PYMNTS, mPOS technologies designed for business-to-consumer (B2C) payments won’t cut it for multibillion-dollar enterprises that need to accept B2B payments in the field. Benefits For Payers.

B2B 56

B2B Mobile Payments B2C Payments 56

PYMNTS

JUNE 29, 2018

In particular, a heavy volume of both B2C payments (consumers paying premiums to insurance companies, as well as insurance companies sending claim payouts to individuals) and B2B payments (insurance companies paying service providers) pave the way to a complex mix of payment rails. “We see really high adoption of virtual cards.”

Faster Payments 40

Faster Payments Same Day ACH ACH Remittance Data 40

PYMNTS

OCTOBER 29, 2020

The waning is simply — at least for now — a function of demand, and what we’re seeing is typical of a recession. The resilience will translate into a recovery in the demand for paper checks, McCarthy predicted, likening the upswing, in visual terms, to the famed Nike “swoosh” — up and to the right. What Happens In A Recession.

Checks 78

Checks B2B Payments C2B 78

PYMNTS

DECEMBER 30, 2020

Yes, many organizations shifted the needle away from the paper check toward ePayment tools like commercial cards and ACH as a result of necessity. For some B2C firms, that meant expanding into the B2B market. Shifting Business (And Payment) Models. A higher portion of businesses across all credit tiers.

B2B 119

B2B Payer Payments BNPL 119

PYMNTS

JANUARY 15, 2018

A notoriously clumsy, friction-filled industry, B2B transactions must forge new paths to boost efficiency as businesses demand global solutions, speed and transparency. Further, in NACHA’s most recent update on same-day ACH volume – which found $87.1 “So many companies still rely on Excel spreadsheets to run their business.”

B2B 55

B2B Innovation Same Day ACH NACHA 55

PYMNTS

OCTOBER 14, 2019

The emergence of online shopping and eCommerce inevitably seeped into the B2B world, leading to rising demand for corporates to make purchases online the same way they do as consumers. When it comes to making purchases and managing vendors, corporates demand customization, he said. APIs Open Opportunities . Payments Enter The Fold .

B2B 56

B2B Payment APIs and Integration API B2C 56

PYMNTS

NOVEMBER 7, 2019

As these recurring services go online, demand for recurring electronic payment capabilities rises as well. In an interview with PYMNTS , GoCardless Vice President and General Manager of International Expansion Pranav Sood said the opportunity to address the recurring B2B payment demand is significant. The B2B Subscription Challenge.

Cross-Border 40

Cross-Border B2B B2C Payments 40

PYMNTS

JULY 16, 2020

Force-fitting a B2C-based eCommerce platform for a B2B sales context can mean a lack of payments features corporates need, like the ability to facilitate check transactions and establish custom payment terms. It’s not an unfounded strategy. Payments workflows are a particularly large hurdle in this space. ” .

B2B 59

B2B B2C Checks Payment Reconciliation 59

PYMNTS

DECEMBER 31, 2019

Paper-based payment methods such as checks and cash are awkward and cumbersome in either business-to-business (B2B) or business-to-consumer (B2C) transactions. Manual payment generation is both time-consuming and demanding, tying up personnel who could instead be focusing on other tasks. Manual processing challenges.

Process 61

Process Innovation Same Day ACH B2B 61

PYMNTS

DECEMBER 3, 2018

On the one hand,” he said, the initial uptake of the SEPA scheme shows that that “makes sense,” and that initial use cases and transaction limits (more on both in a moment) satisfy at least some demands coming from the markets. He did note, however, that the goal of SEPA is not to replace existing card rails or ACH transactions.).

Instant Payments 62

Instant Payments ISO 20022 Online and Mobile Banking Cross-Border 62

PYMNTS

JUNE 2, 2020

This month’s Deep Dive examines the factors affecting the nation’s more than $103 billion healthcare market and how digital B2C solutions can streamline the payments process. Payments’ speed continues to lag behind consumers’ demands, however, as only 42.2 are thus looking for change and exploring ways to accelerate disbursements.

Real Time Payments 52

Real Time Payments Debit Card B2C Checks 52

PYMNTS

JUNE 18, 2019

to fully embrace real-time payments for both B2B and B2C activity,” Bottomline Technologies Vice President of Product Management and Strategic Solutions Jessica Cheney told PYMNTS in a recent interview , pointing to the previous rollout of Same-Day ACH and an acceleration of FinTech innovation in the country.

RTP 47

RTP Real Time Payments Credit Union Payment APIs and Integration 47

Payment Savvy

DECEMBER 9, 2020

Businesses using cloud computing and AWS will ensure pay-as-you-go cost-effectiveness and experience on-demand scalability. Real-time payments offer a solution to delayed payment options like ACH transactions, credit cards, debit cards, checks, etc. This is largely due to the increased demand for U.S. Real-Time Payments.

Payments Trends 52

Payments Trends Payments RTP C2B 52

PYMNTS

MAY 4, 2018

“We can all see that this world has become a place where we’re demanding speed, efficiency and choice,” Spottiswood told PYMNTS. The challenge here, though, is that players address one particular focus of corporate payments, rarely able to target all demands at once.

Same Day ACH 46

Same Day ACH P2P B2B Cross-Border 46

PYMNTS

MARCH 5, 2019

But in the race to offer that B2C Amazon-like experience to business-to-business players, the eProcurement technology space may be overlooking some key differentiators that corporate buyers and suppliers need addressed. In industrial spaces like the oil and gas sector, procurement is no straightforward process.

Wire Transfer 59

Wire Transfer B2B Addressing B2C 59

PYMNTS

OCTOBER 31, 2019

With FinTech innovation yielding more choices than ever for both billers and payers, cost often emerges as the key driver behind what solutions users adopt — both in the business-to-consumer (B2C) and business-to-business (B2B) context. Rethinking Business Models. Collaborating To Improve Cash Flow.

B2B 41

B2B Transactions Payer B2C 41

PYMNTS

DECEMBER 26, 2019

Solution providers that can offer this choice in payment “will be a critical differentiator” in the year and years ahead, said McCarthy, adding that AR platforms must allow B2B vendors to offer their payers a range of payment choice beyond ACH or checks, with more firms embracing commercial cards, PayPal and other alternative payment technologies.

Accounts 53

Accounts B2B End User Payer 53

PYMNTS

SEPTEMBER 7, 2017

MN: We look at a wide range of sources for innovative ideas, from listening closely to our customers to learning from our consulting and implementation partners to following industry experts to drawing lessons from other startups and companies in other verticals, including the B2C world. There’s data, to be sure — reams of it.

Same Day ACH 46

Same Day ACH Fraud Detection Innovation Fraud Prevention 46

PYMNTS

SEPTEMBER 2, 2016

Behalf focuses on the cash flow friction that can emerge from buyers paying their suppliers via check, cash-on-delivery and ACH. In a statement, Vroozi said that demand for its procurement solutions continues to grow “exponentially.” Startup Behalf announced a $27 million Series C funding round led by Viola Growth.

B2B 40

B2B Cybersecurity B2C Finance 40

PYMNTS

OCTOBER 31, 2016

Intuit has just announced a host of partnerships that integrates financial services from B2C payments giants into the QuickBooks small business accounting platform. Part of that evolution, Pai told PYMNTS, is that traditional trend of B2B payments following B2C’s path. They’re on Twitter and LinkedIn. Canada, U.K.

B2C 77

B2C B2B Small Business PayPal 77

PYMNTS

OCTOBER 21, 2019

The skewed flow of funds to the business-to-consumer (B2C) space comes amid a backdrop where valuations for domestic FinTech unicorns have been inflated. Thus far, the frictionless growth associated with B2C has been preferred to what he called the “grind it out, ROI-based sales model required of B2B.”. The General Landscape.

B2B 40

B2B Innovation B2C Real Time Payments 40

CB Insights

MARCH 2, 2018

Amazon put more money to work in 2015, investing in two companies across different industries — BankBazaar, an online financial products search tool, and HouseJoy, an on-demand home services marketplace. Alibaba controls China and has made a web of strategic partnerships and investments in Southeast Asia. Global wealth is growing.

On-Demand 68

On-Demand Acquirers Product Continuity 68

PYMNTS

MARCH 7, 2016

Store shelves would detect shoppers’ movements and dynamically change pricing based on demand and inventory on hand. So what would physical retail look like if it were run like the best online etailers ? But that’s only one slice of how the offline experience could be made as intelligent as the online world. And they did.

Online and Mobile Banking 46

Online and Mobile Banking Payments Financial Inclusion Same Day ACH 46