PYMNTS

MARCH 23, 2017

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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Same Day ACH ACH NACHA B2B 54

PYMNTS

OCTOBER 11, 2016

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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ACH B2B Commercial Card ACH Network 75

PYMNTS

APRIL 5, 2019

In an announcement on Friday (April 5), OnDeck announced the rollout of its Same-Day ACH transfer functionality, enabling small businesses who have term loans or lines of credit with OnDeck to receive funds on the same day they draw on their lines of credit. The feature supports access of to up to $25,000 by 5:00 p.m.

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Same Day ACH ACH Small Business NACHA 43

PYMNTS

FEBRUARY 19, 2019

When NACHA first released its Same Day ACH capability, only about 6 percent of the first 2 million transactions made in the service’s first 11 days were B2B payments. With faster payments functionality beginning to take off in the U.S., In the U.K., As Rimilia expands into the U.S.,

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Faster Payments Accounts Remittance Data Same Day ACH 75

Fintech Finance

JULY 24, 2024

In his role at BNY, he is responsible for the Treasury Services commercial platform, delivering Payments, Trade & Cash Management solutions to clients globally. Carl also represents BNY on the Board of Directors for Nacha and The Clearing House Payments Company.

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PYMNTS

AUGUST 3, 2017

A report released by the Federal Reserve last month revealed news that checks and ACH surpassed use of credit and debit cards among business payers, while separate data from NACHA released in June found cards make up just 11 percent of all B2B payments. Suppliers will tend to want to use a payment rail that is situationally accurate.

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Cash Management Commercial Card Push-to-Card B2B 43

PYMNTS

SEPTEMBER 26, 2016

Using FIS-run PayNetExchange to process ACH, checks and virtual cards and using Comdata to issue Mastercard commercial cards, Corcentric pulls in payment capabilities across a range of rails to support the last mile of the B2B transaction. The data makes that glaringly clear. There’s a lot of friction between suppliers and customers.”

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