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Why The Time Is Right For Banks To Offer Integrated Receivables

PYMNTS

For receivables, Berdan noted that larger banks have done well with lockboxes as have smaller banks have with remote deposit capture (RDC). Beyond larger institutions, smaller banks can enter the market by using newer capabilities with Remote Deposit Capture (RDC).

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Don’t Write Off The Paper Check Just Yet

PYMNTS

Earlier this month, the company announced a buyback program to help financial institutions (FIs) trade in their broken Remote Deposit Capture (RDC) tools for an upgrade. It’s also true that B2B payments players anticipate the paper check to eventually fall to second place, with corporates instead turning to ACH to pay suppliers.

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linked2pay Bridges Banks To Real-Time Payments

PYMNTS

Their partnership will allow financial institutions to offer real-time and same-day ACH payments as a white-labeled solution, reports said. “It gives our mutual bank and channel partners an extraordinary real-time and ACH value package as they promote faster payments.” The company said Tuesday (Nov.

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linked2pay Adds Automated Merchant Approval, Onboarding

PYMNTS

In a press release , the company said that it removed a barrier for acquirers and ISOs by simplifying the option to add ACH and Remote Deposit Capture for new and existing card merchants. Linked2pay, the platform provider of Bank Centric Payments, announced on Wednesday (Sept.

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FTNI Brings AR Automation To Horicon Bank Clients

PYMNTS

21) that FTNI will provide AR processing services for Horicon Bank’s corporate banking clients, which will have access to a single SaaS platform to accept payments across payment rails, including ACH, check, cards and cash. The companies revealed Tuesday (Feb.

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FinTechs Take The Initiative In Bank Collaboration

PYMNTS

The solutions include ACH, accounts receivable, remote deposit capture, compliance, auditing and other tools, the company noted, adding that it plans to augment its offering by adding real-time payments, corporate treasury services, mobile banking and other finserv tools for users.

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VSoft Expands Business Banking Functionality For Arya Platform

PYMNTS

The solution supports ACH disbursements and wire transfers initiated from the platform, as well as fraud monitoring and business bill pay. Arya already provides features for corporates, including remote deposit capture for check deposits, employee transaction tracking and other tools.