Remove ACH Remove Payments Tools Remove Risk Mitigation
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B2B Payments Explores An Alternative Path To ACH Adoption

PYMNTS

Paper checks are gradually shrinking their market share in the B2B payments landscape, yet the outdated payment tool remains in-use for up to 80 percent of businesses in the U.S., noted PYMNTS in a previous Faster Payments Tracker. The Check-To-ACH Migration. ACH’s Embedded Frictions. Checks are clunky.

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Analysts Press For Corporate Payers, Banks And FinTechs To Collaborate

PYMNTS

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.

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Faster Payments Make Inroads In Corporate Treasury

PYMNTS

With companies paying suppliers on strategic schedules, real-time transactions aren’t always necessary — or beneficial — for the B2B payments space. Yet there is some adoption of faster payment technologies among corporates. In the U.S., It’s not huge, but it’s not dismissible, either.

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Weighing Faster Payments Opportunity And Risk For Corporates

PYMNTS

New faster payment initiatives are popping up around the world, from Saudi Arabia to Brazil to Australia. According to the latest PYMNTS Faster Payments Tracker , Same Day ACH volume has seen a 24 percent increase year over year between the first quarter of 2018 and the first quarter of 2019. In the U.S.,

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How to Automate Insurance Claims Processing

Nanonets

  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.