PYMNTS

JULY 2, 2020

Leavitt , founder and CEO of Boost Payment Solutions , said commercial card programs are now coming to the forefront of AP departments’ priority lists when delaying payments is no longer the most viable, or effective, cash management option. “We’re seeing a lot more of that mentality.”

Commercial Card 104

Commercial Card Push-to-Card B2B Card Issuer 104

Finovate

OCTOBER 15, 2024

The company launched the new entity, Payfinia , to provide instant payment solutions to both financial institutions and third-party organizations. Payfinia aims to help financial institutions access and establish ownership of their instant payments services.

Instant Payments 52

Instant Payments FedNow Same Day ACH Federal Reserve 52

PYMNTS

SEPTEMBER 23, 2020

The virtual card can be a valuable payment solution for the enterprise thanks to the technology's security features and mobility. Yet adoption remains limited, largely thanks to corporates' ongoing use of more traditional payment methods like ACH or even physical cards. Comdata Digitizes Legacy Fleet Payment Tool.

B2B 87

B2B Commercial Card On-Demand Credit Cards 87

Stax

MARCH 19, 2024

Business owners are increasingly showing an overwhelming preference for SaaS platforms with embedded payment capabilities as part of their offerings. Manual payment processing and disconnected software and payment solutions are dying out, and research by Sifted shows that the integrated financial services market will grow to $3.6

Payment APIs and Integration 88

Payment APIs and Integration Embedded Payments Payments Online and Mobile Banking 88

PYMNTS

JUNE 12, 2017

Their 2017 survey contains data points that all point to one conclusion: Companies are forced to reshape their payment strategies thanks to a combination of factors, including the rising threat of payments fraud, increased globalization and high payment volumes. But how businesses reshape their payment practices varies.

Payer 60

Payer ACH FinTech Push-to-Card 60

PYMNTS

DECEMBER 5, 2019

The latest evolution of commercial card technology, however, aims to position cards as a digital tool for accounts payable teams to make supplier payments. That’s a huge advantage for card rails versus other options such as ACH, where there are claw-back provisions, recent fraud and some breaches.”.

Faster Payments 53

Faster Payments Commercial Card ACH Payments 53

PYMNTS

NOVEMBER 3, 2016

Bank Senior Vice President of Corporate Payments Robert Kaufman, is that there are so many versions of these accounting platforms and so many ways to customize them that ensuring B2B payments tools integrate properly isn’t a sure bet. ” U.S. But it’s just one technology of many.

Payments Data 73

Payments Data Payments Commercial Card Reconciliation 73

PYMNTS

DECEMBER 22, 2020

Technologies and payment solutions are finding the opportunity to multitask with solutions that, while initially focused on the corporate buyer, have now expanded to tackle friction for the supplier as well. Commercial cards are valuable payment tools to corporate buyers and their accounts payable departments.

Commercial Card 79

Commercial Card B2B Legal Accounts 79

PYMNTS

MAY 3, 2017

Meanwhile, other companies are stepping up their investments in a variety of faster payment options, from blockchain-powered tools to P2P solutions to ACH. News from the World of Faster Payments. Markets of all kinds could find new ways of conducting business thanks to the introduction of new payment solutions.

Faster Payments 42

Faster Payments P2P Venmo Use Case 42

PYMNTS

APRIL 20, 2016

Digital payment solutions may be taking off in the AR department, but not all electronic payment tools are created equal. Even more traditional payment tools, like credit cards, don’t have a high enough corporate value for suppliers, he added. But, I think, ACH will be the destination.”.

Commercial Card 40

Commercial Card ACH Push-to-Card Same Day ACH 40

PYMNTS

JANUARY 15, 2018

Last June, NACHA and the Credit Research Foundation said that at present, paper checks make up half of B2B transactions received in the accounts receivable department; ACH accounts for less than a third. Use of faster payments technologies, too, remains limited in the B2B sphere.

B2B 55

B2B Innovation Same Day ACH NACHA 55

PYMNTS

SEPTEMBER 12, 2019

The AFP’s report was released the same week a range of new electronic B2B payment tools were announced, the latest in a deluge of digital payment solutions emerging in recent years. 11), Mastercard announced a collaboration with blockchain company R3 to create a blockchain-based tool for cross-border B2B payments.

AFP 51

AFP Checks ISO 20022 Cross-Border 51

PYMNTS

NOVEMBER 15, 2019

When the commercial card first came on the scene, executives thought of the payment tool in limited terms: a piece of plastic their employees could use to make one-off purchases at the office supply or hardware store, buy a coffee while on a business trip or take a client out to dinner. ” Recognizing Commercial Card Advantages.

B2B 53

B2B Commercial Card Payments ACH 53

PYMNTS

AUGUST 9, 2017

8) that it is rolling out an Integrated Payables application, a cloud-based, bank-agnostic tool that supports electronic payments in AP. The platform supports virtual accounts, ACH, network settlements, EFT and check payments and aims to boost transparency and control over supplier payments. million, up from $233.9

ACH Network 43

ACH Network B2B Reconciliation Volume 43

PYMNTS

JUNE 15, 2018

According to Bourbier, B2B eCommerce platforms and their sellers want to be able to combine traditional and more nuanced payment technologies to meet a global buyer base. “When you’re a B2B seller, you want to combine the traditional way of being paid — which is ACH for the U.S., “But these are complex to reconcile.

B2C 40

B2C B2B Reconciliation Payment APIs and Integration 40

PYMNTS

APRIL 20, 2018

SwapsTech has completed the development of its faster payments solution to help financial institutions link into real-time payment capabilities. The company announced news on Thursday (April 19) that its Payment Galaxy tool is one step closer to being available for banks.

Real Time Payments 40

Real Time Payments TCH RTP FedWire 40

Stax

FEBRUARY 26, 2024

Every business operates differently, but the one thing they all have in common is that every business accepts payments. New payment tools like NFC contactless payments that help your business grow and provide a high-quality customer experience are in high demand. What Are the Benefits of Using Stax Contactless Solutions?

Credit Cards 88

Credit Cards Payment Gateways Gateways Point-of-Sale (POS) 88

PYMNTS

APRIL 13, 2016

Between legacy tools like paper checks, contemporary solutions like ACH and potential emerging innovations like the blockchain, B2B payments are no longer stuck with their head in the sand when it comes to payments evolution. The conclusion was unsurprising: These preferences rarely match up, at least in the U.S.

Cross-Border 40

Cross-Border Payments B2B ACH 40

PYMNTS

OCTOBER 31, 2019

In the flurry of payments innovation, it can be difficult to remember that legacy tools remain commonplace, especially in corporate payments. It’s a service designed around the ubiquity of the paper check, and with checks still a popular payment tool in B2B transactions, lockbox services remain in high-demand.

Lockbox 43

Lockbox Remittance Data Checks RTP 43

PYMNTS

SEPTEMBER 23, 2019

Checks undeniably still play a role in corporate payments: PYMNTS and Mastercard found in their joint The B2B Payments Tipping Point report that checks remain the most common payment method both for making and receiving B2B payments, and surprisingly, satisfaction with checks is relatively high among surveyed corporates.

B2B 49

B2B ISO 20022 Payment APIs and Integration ISOs 49

PYMNTS

APRIL 15, 2016

The culprit behind the lag time for a transaction to show up on a bank statement, he said, has to do with the array of payment tools that small businesses are using, each with their own journey within the banking system. After all, said Kislingbury, the report is really about transparency. “If You’re not quite sure what’s going on.

Faster Payments 40

Faster Payments Payments Checks Small Business 40

PYMNTS

SEPTEMBER 18, 2019

Businesses that fail to make payments to suppliers or vendors in a timely fashion risk alienating partners and stalling projects. . Having the right payment tools is therefore as important as having the right trucks, saws and jackhammers. We know when payments are received because they’re gone when we send them.

Checks 46

Checks ACH Compromise Accounts 46

Nanonets

AUGUST 16, 2024

  Automated payment processing : Once a claim is approved, the automated tool calculates the settlement amount based on the applicable policy and triggers the payment process. Digital payments: The claim processing platform is integrated with digital payment tools such as direct bank transfers or mobile payment systems.

Automation 52

Automation Process Fraud Detection Payment APIs and Integration 52

PYMNTS

JULY 21, 2020

The tool, announced last week, connects corporate customers to an AP automation platform to more efficiently pay suppliers, the company said. Rather, v-cards must play a part in a collective ecosystem of a range of payment tools. Boost Enables STP For Corporate Cards.

Commercial Card 70

Commercial Card B2B Payer Transactions 70

PYMNTS

OCTOBER 9, 2020

He added that gross payment volume “took off like a rocket” as existing customers began more seriously tapping into digital payments tools that had until March seemed peripheral to their businesses. Harris said the jump to ACH payments that Dwolla specializes in has the advantage of being familiar to companies.

Checks 74

Checks Business Payments Payment APIs and Integration Push-to-Card 74