PYMNTS

AUGUST 14, 2020

This, combined with the need for customizable payment experiences for buyers, may mean that the traditional ACH and wire rails are no longer suited to the B2B space, as payment flows move away from a batch model to meet customers’ need for immediacy.

Treasury 118

Treasury Payment APIs and Integration B2B B2C 118

PYMNTS

NOVEMBER 14, 2018

In its latest report, “ Preparing for real-time liquidity ,” Deutsche Bank acknowledged that the value caps on schemes like Faster Payments and Same Day ACH limit the applicability of these trends for corporate payers. Yet, as these caps rise across the globe, treasurers are likely to see disruption.

Real Time Payments 78

Real Time Payments Real Time Gross Settlement (RTGS) Liquidity Management Same Day ACH 78

PYMNTS

SEPTEMBER 15, 2020

Using infrastructure developed by Visa within its Visa Direct service, Interchecks is leveraging its own platform to facilitate real-time transactions for corporate clients of First Horizon's treasury management solutions.

RTP 105

RTP Blockchain Distributed Ledger Technology (DLT) Cross-Border 105

PYMNTS

JANUARY 8, 2021

For example, that might mean having a process in place so that funds are appropriately applied or available when money comes in during off-hours or on the weekend, she said, and really thinking through the process from an accounting, liquidity and treasury management perspective. RTP Outlook.

RTP 139

RTP TCH Funding Agent Continuing Education 139

PYMNTS

JANUARY 12, 2021

Payment operations software company Modern Treasury raised $38 million through an Altimeter Capital-led Series B funding round, according to a Tuesday (Jan. 12) announcement. The company says that over $18.5

Treasury 73

Treasury B2B Real Time Payments RTP 73

PYMNTS

OCTOBER 21, 2019

PNC Treasury Management is rolling out a new solution designed to optimize corporate treasurers’ B2B payments. Options for payment methods will include real-time payment (RTP), same day ACH or next day ACH, with PNC planning to incorporate a wire transfer option in the first quarter of next year.

Faster Payments 40

Faster Payments Automation Same Day ACH RTP 40

PYMNTS

FEBRUARY 6, 2020

Payments are facilitated using virtual Visa commercial cards, ACH and checks. Finrails AP offers increased visibility into cash flow, and the platform has built-in fraud detection via Positive Pay.

Fraud Detection 67

Fraud Detection B2B Treasury Management Commercial Card 67

PYMNTS

SEPTEMBER 18, 2018

Together, the companies will link TD Bank business customers to Paymode-X with Visa Payables Solutions, a tool to streamline payables that supports card, ACH and check payments in the accounts payable (AP) department. The bank said it is integrating Paymode-X technology from Bottomline Technologies into its corporate banking offering.

FinTech 62

FinTech B2B Treasury Treasury Management 62

Nanonets

SEPTEMBER 1, 2023

Over time, business payments have evolved from ACH to wire transfers and credit cards, culminating in the emergence of FedNow. Depending on your business's unique circumstances, you now have options like ACH, virtual cards, and tailored online methods for vendor payments.

FedNow 52

FedNow Wire Transfer Federal Reserve ACH 52

PYMNTS

FEBRUARY 6, 2020

Recently-launched capabilities like Same Day ACH have unlocked opportunity to wield modern technology and build new solutions on top of existing payment rails in favor of speed and transaction transparency, but there’s another strategy to payments innovation that continues to gain traction.

Settlement 67

Settlement B2B Same Day ACH ACH 67

PYMNTS

JANUARY 28, 2021

In the announcement detailing the deal, PNC said the acquisition would expand the company’s Treasury Management’s payments platform — specifically by enabling corporate clients to manage payables and receivables through a single channel, spanning all payment rails.

Process 60

Process Treasury Treasury Management FedWire 60

PYMNTS

FEBRUARY 22, 2017

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.

Remote Deposit Capture 40

Remote Deposit Capture Online and Mobile Banking Automation Lockbox 40

PYMNTS

OCTOBER 30, 2020

Corporate buyers that pay vendors, meanwhile, might seek to satisfy these business partners by delivering money via same-day ACH or over the RTP network. You can do standard ACH that’s free and it’s slow, or you can step up and go to same-day ACH or RTP,” she said. “It Managing Cash Flow Reporting in B2B.

Faster Payments 59

Faster Payments Payments Tools RTP Same Day ACH 59

PYMNTS

AUGUST 8, 2019

The competition is heating up between payment technologies in accounts payable, with ACH and virtual cards seeing significant pushes in the B2B payments space to combat the dreaded paper check. There are a lot of treasury management issues out there that need to be addressed,” he told PYMNTS in a recent interview.

Accounts 57

Accounts ACH B2B Payments 57

PYMNTS

NOVEMBER 18, 2020

Panelists included Sarah Billings , PNC’s senior vice president and head of payments product, operations and strategy; Bridgit Chayt , Fifth Third Bank’s senior vice president and director of commercial payments and treasury management; and infrastructure expert Domenico Scaffidi of Volante Technologies. That was then, this is now.”.

Real Time Payments 98

Real Time Payments ISO 20022 Reconciliation Payments 98

PYMNTS

JULY 16, 2019

The embrace of the cloud has opened up the opportunity for procurement, travel and expense management, treasury management and other corporate financial platforms to integrate and embed the payments function directly within that solution. procurement), and its related payments (i.e., the function of payment a vendor).

Payment APIs and Integration 60

Payment APIs and Integration B2B API Payments 60

PYMNTS

OCTOBER 25, 2019

As it stands, many larger banks — and even mid-sized banks — tap into treasury management solutions for two reasons. And, on the lending side, to the extent that a bank is offering both a loan and treasury management services to a corporate, they have the entire relationship with that particular customer. percent to $3.6

Lockbox 40

Lockbox Treasury Management Treasury Wire Transfer 40

PYMNTS

OCTOBER 23, 2019

Below, PYMNTS looks at the latest solutions that take one of those two paths as innovators address friction in checks, ACH and other rails. It’s both a show of support for a new rail like RTP, as well as for the strategy to improve upon legacy rails like ACH. s first new payment rail since ACH launched in 1974.

Faster Payments 40

Faster Payments B2B RTP ACH 40

PYMNTS

SEPTEMBER 29, 2020

PYMNTS’ CFO’s Guide To Digitizing B2B Payments done in collaboration with Comdata tracks the changes in corporate treasury management that were already happening but are far more pronounced thanks to the global pandemic and its lingering effects.

Due Diligence 66

Due Diligence B2B Treasury Management ACH 66

PYMNTS

OCTOBER 31, 2017

For the receivers of those checks, there’s another major argument in favor of the clunky, manual and insecure payment rail, according to Deluxe Treasury Management Solutions Vice President Gary Cawthorne. According to Cawthorne, banks are really perking up to small businesses’ (SMBs) needs in treasury management.

Treasury Management 41

Treasury Management Treasury Remote Deposit Capture Disputes 41

PYMNTS

DECEMBER 4, 2018

Earlier this year, TD Bank announced a partnership with Bottomline Technologies’ Paymode-X with Visa Payables Solutions, allowing corporate customers to streamline their B2B payments via check, card and ACH.

Treasury 51

Treasury Treasury Management ACH Advisors 51

PYMNTS

JUNE 29, 2018

. “We want to offer our customers the widest solution, soup to nuts — that means creation of the remittance data, creation of the payment, reconciliation of the payment, treasury management services, the entire spectrum,” he noted, adding that virtual cards can address all of these needs for insurance firms.

Faster Payments 40

Faster Payments Same Day ACH ACH Remittance Data 40

PYMNTS

JANUARY 23, 2018

Superior Press , a treasury management solution provider for commercial banks, is acting on that need. 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. The expansion of ACH across the U.S.,

Remote Deposit Capture 43

Remote Deposit Capture Checks Same Day ACH ACH 43

PYMNTS

JUNE 20, 2016

The firm said that its Payment Manager can be used as a conduit to send B2P payments through Early Warning’s clearXchange network and also manage what it termed “traditional disbursements.” In terms of payments options, businesses can choose checks, ACH and other methods across a single electronic file, noted the firm.

Tax Refunds 40

Tax Refunds Payee Treasury Management Payments 40

PYMNTS

OCTOBER 29, 2020

Firms are also looking at options like same-day ACH and The Clearing House 's RTP network as they explore how to speed up B2B transactions. Same-day ACH may appeal to some companies, while the RTP network suits others, for example. Adam Carter , vice president of global treasury management, faster payments at U.S.

Faster Payments 43

Faster Payments Same Day ACH Real Time Payments Payroll 43

PYMNTS

DECEMBER 8, 2020

In a panel discussion, three payments executives discussed the ways disbursements on a huge scale must make the leap beyond the paper check, beyond the ACH conduits. Morgan Managing Director Industry Head for Public Sector Treasury Services, Wholesale Payments Eva Robinson.

Consumer 73

Consumer Governance Government Treasury 73

PYMNTS

SEPTEMBER 10, 2018

With the NetworkPay integration, approved invoices can automatically initiate payments to suppliers via ACH virtual cards or wire payments. Financial services firm PNC Treasury Management , for one, recently announced that its corporate clients are now connected to their Real-Time Payments (RTP) network.

API 46

API B2B Payment APIs and Integration Real Time Payments 46

PYMNTS

MAY 6, 2019

In terms of functionality and bill management activities, Mastercard Bill Pay Exchange allows consumers to see when bills are due, view details about the services provided and the payments required, and make payments with choices in the mobile apps that include, but are not limited to, card or ACH rails.

Visa 57

Visa Payment APIs and Integration ISO 20022 Online and Mobile Banking 57

PYMNTS

JUNE 21, 2018

JPMorgan’s treasury management services are the financial institution’s (FI) latest target for technological innovation, reports in CNBC said Wednesday (June 20). Do you know you could send a foreign exchange ACH payment instead? The publication said such a bot would be a first for the corporate payments industry. “We

AI 44

AI Treasury Bots Treasury Management 44

PYMNTS

JANUARY 9, 2019

In the case of Same Day ACH in the U.S., A recent survey from treasury management solutions provider Centtrip found that three-quarters of U.K. “Open banking has a huge potential to shift the way financial data is shared and managed,” said Centtrip CEO and Co-founder Brian Jamieson in a statement earlier this week.

Faster Payments 56

Faster Payments Business Email Compromise Treasury Real Time Payments 56

PYMNTS

JUNE 20, 2019

Commercial cards account for only a portion of corporates’ overall spend, as checks stick around and ACH gains ground. However, their market share is on the rise as card issuers develop more robust rewards programs, and the ability to integrate card spend into back-office spend management and analytics platforms.

Commercial Card 53

Commercial Card Card Issuer Issuers B2B 53

PYMNTS

OCTOBER 31, 2019

It’s great to get a check, or wire, or ACH, but if you don’t know what it’s to be applied to, you have a huge cash application and reconciliation challenge.”. It enables payment information to travel with the payment so that the payment can be properly applied to the appropriate invoice,” he said. “In

Lockbox 43

Lockbox Remittance Data Checks RTP 43

PYMNTS

JUNE 27, 2019

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. Among the most recent partnerships announced in this context is a tie-up between treasury management solution provider Kyriba and JPMorgan Chase.

Faster Payments 40

Faster Payments Risk Real Time Payments Fraud Detection 40

PYMNTS

AUGUST 3, 2016

In 2014, NACHA revealed that it initiated collaborations with health care companies to help the industry adopt ACH payments. Reports pointed to buyer-initiated payment (BIP) programs as an increasingly popular way hospitals are looking to digitize their AP processes and support electronic bank transfers. Former U.S.

Checks 40

Checks B2B NACHA Treasury Management 40

PYMNTS

DECEMBER 13, 2017

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.

Cash Management 42

Cash Management Treasury Cross-Border Wires 42

Nanonets

OCTOBER 17, 2023

This allows for a high cashflow and treasury management. Accounts Payable teams have an incentive to delay payments until the last acceptable dates. However, this isn't universally true. Long cash conversion cycles and cashflow constraints can be a bottleneck for various vendors.

Payments 52

Payments Automation Wire Transfer Process 52

PYMNTS

NOVEMBER 3, 2020

In a separate panel discussion with Mike Massaro, CEO of Flywire, four executives from various verticals — from freight management to banking — gave a ground-level view of how digital payments are taking root. Real-time payments and ACH will co-exist for a long time, said observers.

Checks 82

Checks B2B Payments Payment APIs and Integration 82