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ACH Offers Middle Ground For Buyers, Suppliers

PYMNTS

According to Moran, one way to approach the conflict is by choosing a strategic payment rail: ACH. “It makes it a lot harder to manage cash flow,” she explained. “You don’t know at what stage your payment is, when it’s going to actually get cashed.”

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Same Day ACH An Opportunity For Suppliers, Analysts Say

PYMNTS

Receivable Savvy, an accounts receivable and order-to-cash management firm, wants suppliers to see Same Day ACH as an opportunity to bolster cash flow. The company, which provides education and resources for suppliers, recently released a new eBook to guide vendors on how to take advantage of Same Day ACH technology.

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Banks Improve Digital Payment Options and Expand Mobile App Services for Small Businesses

Fintech Finance

ACH payments are offered to small businesses by 73% of the Scorecard banks, and 55% provide a consolidated view of transactions for tracking payments and cash flow. The speed of immediate wire services can be an essential cash management resource for just-in-time payments and for international operations.

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SMBs Shift Their Cash Management Strategies

PYMNTS

According to Swift Prepaid Solutions , the majority of businesses that have sought financing in the last 18 months prioritize the ability to receive loan payouts in a prepaid account, followed by ACH payments to their bank accounts.

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PaySimple Embeds Payments, Cash Management Tools For In-Field Technicians

PYMNTS

Described as a “virtual cash register,” the Service Point of Sale (sPOS) solution includes customer relationship management, reporting, and other back-office capabilities while offering payment acceptance for card and ACH payments.

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Santander Enhances Cash Management Services With Treasury Link

PYMNTS

and will provide cash management services for such corporate customers. Treasury Link has also integrated cash flow management, fraud and authentication capabilities, while its electronic payment service supports domestic and cross-border wire and ACH payments. The financial institution (FI) announced Tuesday (Dec.

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Fed Tackles Fraud On Legacy Rails As New Infrastructure Gains Traction

PYMNTS

The API supports setup, verification and initiation of direct debit, with the bank’s head of global liquidity and cash management Yvonne Yiu pointing to the cash management benefits such a tool could bring to businesses.