PYMNTS

MARCH 9, 2020

Initially dismissive and then distrustful, businesses mostly lost out on phase one of the instant money phenomenon. At this point in time, corporate treasurers are still more likely to have personally used a P2P app than to have sent a real-time B2B vendor payment. The latest B2B API Tracker® covers it all in-depth.

API 56

API Business Payments Payment APIs and Integration Phixius 56

PYMNTS

AUGUST 3, 2018

Discover Financial Services is pushing for digitization of B2B payments in the U.S. through a collaboration with the Business Payments Directory Association (BPDA), according to a press release. for B2B transactions. In a statement, BPDA chairman Lawrence Buettner pointed to ongoing use of paper checks in the U.S.

B2B 40

B2B NACHA API Payee 40

The Paypers

APRIL 8, 2020

BlueSnap has become a Nacha Preferred Partner for digital commerce and business-to-business payments.

NACHA 28

NACHA B2B Payments Business Payments 28

PYMNTS

NOVEMBER 10, 2020

Nacha has announced that Phixius, which facilitates the trusted exchange of payment information, has officially gone live, according to a press release. George Throckmorton , Nacha's managing director and executive director of Afinis API Standards, said the company is "excited" to have Phixius finally go live.

Phixius 72

Phixius NACHA Security ACH 72

PYMNTS

DECEMBER 12, 2017

finally making inroads in its faster payments initiatives, it’s now time to see whether faster payments will make their way into the B2B sphere too. Released last week, December’s PYMNTS Faster Payments Tracker , powered by NACHA , tracks progress of faster payments initiatives throughout the U.S.

Faster Payments 48

Faster Payments Same Day ACH B2B Zelle 48

PYMNTS

JUNE 5, 2018

While the same cannot necessarily be said about business customers, the findings do highlight the progress technology conglomerates have made in the financial services space: Traditional banks are no longer the only option for customers. This combination will be the driving force for getting businesses to adapt.”

B2B 46

B2B PayPal Payments Payee 46

PYMNTS

MARCH 23, 2017

The Definitive Guide – Same Day ACH argues that not only can Same Day ACH mean faster supplier payments, but the technology presents a host of other benefits for B2B vendors. But being able to accept this type of payment, Receivable Savvy warned, takes deliberate understanding of the technology.

Same Day ACH 54

Same Day ACH ACH NACHA B2B 54

PYMNTS

FEBRUARY 5, 2018

Business payments company Bottomline Technologies released its FY Q2 earnings data late last week, posting $63.2 B2B payments have not evolved at the same pace as other types of payments, because they can be more complex,” said NACHA Chief Operating Officer Jane Larimer in a statement at the time.

Technology 40

Technology NACHA B2B ACH 40

PYMNTS

AUGUST 13, 2018

Business payments company Bottomline Technologies reported financial results for the fourth quarter , as its fiscal year ended June 30. B2B payments have not evolved at the same pace as other types of payments, because they can be more complex,” said NACHA Chief Operating Officer Jane Larimer in a statement at the time.

NACHA 40

NACHA B2B ACH Adjustments 40

Stax

SEPTEMBER 17, 2024

sanctioned countries Security Features Highly secure with financial industry standards, encryption, and strict protocols Enhanced security with proof of identity required Best for Recurring bills, payroll, government transactions, B2B payments High-value transactions, urgent payments, international transfers What is ACH (Automated Clearing House)?

Wire Transfer 88

Wire Transfer Wire Wires ACH 88

PYMNTS

MAY 3, 2020

Payment solutions company GreenBox POS has announced a new Same Day ACH program to help businesses manage point of sale (POS) to business payments faster than usual, according to a press release. Usually, an ACH payment issued before the day’s 6 p.m. million payments.

Same Day ACH 69

Same Day ACH ACH Accounts Point-of-Sale (POS) 69

PYMNTS

MARCH 18, 2019

Last week, NACHA issued an ACH operations bulletin announcing the delay of the rollout of a third Same Day ACH (SDA) processing window by six months, to March 19, 2021. The regulator notified NACHA that they need more time to evaluate required changes to their system before giving it the green light. A Couple of Important Dots.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

PYMNTS

JUNE 6, 2017

And how fast will people get used to fast — as in faster payments? NACHA, with its Same Day ACH offering, is leading the charge for faster payments in the U.S., and our latest Data Drivers , featuring PYMNTS’ Karen Webster and NACHA CEO Jan Estep, explored the possibilities. Data Point One: 25 billion and $43 trillion.

Same Day ACH 47

Same Day ACH ACH ACH Network NACHA 47

PYMNTS

MAY 4, 2018

Industry consolidation is a lofty objective, and with so much happening in corporate payments – from faster payment initiatives to cross-border payments technologies – where does one start? In many ways, it can begin in the peer-to-peer payments space, which has offered an example for business payments.

Same Day ACH 46

Same Day ACH P2P B2B Cross-Border 46

PYMNTS

JULY 14, 2017

The report had some big news for B2B payments in particular: “Overall, the jury considers the business payments sector to have the best profit potential going forward,” the report stated. But often, FinTechs will tackle either one end of the B2B transaction or the other.

ACH 46

ACH Same Day ACH B2B NACHA 46

PYMNTS

DECEMBER 8, 2016

Less than two months after its implementation, Same Day ACH, the ubiquitous faster payments initiative for the payments industry in the United States, is showing a significant impact on the market, but it still has plenty to learn from those across the pond. still has faster payment lessons to learn. About The Tracker .

Faster Payments 69

Faster Payments Same Day ACH ACH NACHA 69

PYMNTS

MAY 31, 2018

It’s almost as if these various players are all speaking different languages, according to George Throckmorton, managing director of NACHA , The Electronic Payments Association, who equated the payments industry to a digital Tower of Babel. A report from the Business Payments Coalition found “ample evidence that U.S.

ISO 20022 40

ISO 20022 ISOs Interoperability NACHA 40

PYMNTS

AUGUST 31, 2017

September will be a big month for NACHA’s Same-Day ACH initiative. 15, NACHA will roll out phase two of its Same-Day ACH Rule, and small businesses stand to gain significantly from the effort, according to reports at Nav.com. Nav.com also highlighted how the ongoing rollout of Same-Day ACH can affect business payments.

Same Day ACH 53

Same Day ACH ACH ACH Rules NACHA 53

PYMNTS

JULY 5, 2017

The Federal Reserve made news late last week when it released its newest data on consumer and business payment habits, assessed via data from 2015 compiled in 2016. According to Fed researchers, there were some significant changes in corporate payments activity between 2000 an 2015.

ACH 51

ACH Fed Checks Federal Reserve 51

PYMNTS

SEPTEMBER 7, 2017

This includes the implementation of ISO 20022 messaging standards across organizations like NACHA and SWIFT. Promoting the adoption of electronic B2B payments is also a critical step in this regard, the Fed said, and again will focus on industry collaboration and education, alongside the Business Payments Coalition, to work toward this goal.

Fed 49

Fed Federal Reserve Cross-Border Payments Cross-Border 49

FICO

DECEMBER 20, 2022

ACH Will Improve Business Cash Flows — and Scams Will Follow. ACH transactions, especially for business-to-business payments, have also grown tremendously. Most of that growth, according to NACHA , has come from payroll by direct deposit and consumers’ electronic bill pay.

Digital Payments 52

Digital Payments Scams BNPL ACH 52