PYMNTS

SEPTEMBER 7, 2020

In B2B payments, the commercial card has experienced a dramatic spike in adoption this year as organizations accelerated their digital transformations and, unable to physically enter the office, began to rely on electronic payments to conduct their business. The year 2020 began inconspicuously — but in a few short weeks, everything changed.

Commercial Card 98

Commercial Card Push-to-Card Small Business Card Issuer 98

PYMNTS

NOVEMBER 5, 2018

According to the firm, B2B transactions were a key driver of ACH transaction growth in the third quarter of the year, leading NACHA Chief Operating Officer Jane Larimer to describe the ACH Network as “thriving.”. ACH may be the most popular ePayments rail option for B2B transactions in the U.S. today, but it’s not the only one.

Small Business 68

Small Business Same Day ACH Wire Transfer NACHA 68

PYMNTS

FEBRUARY 26, 2020

More and more, B2B payment solutions are focusing less on single end-points of friction, and more on the overall picture of how money (and data) moves from one business to another. Fintainium Eyes Remittance For AR, AP. There’s nothing more valuable than remittance data. This is what businesses are asking for.

Accounts 72

Accounts Innovation Remittance Data Debit Card 72

PYMNTS

OCTOBER 26, 2018

For corporates, it’s the remittance detail of a transaction that supports settlement, reconciliation and enhanced data analytics for CFOs and treasurers to gain better insight and visibility into corporate finances. In corporate banking and payments, the challenges that arise can be vast.

Remittance Data 60

Remittance Data ACH Request for Information RTP 60

PYMNTS

JUNE 13, 2019

The security benefits of decentralization make blockchain an attractive fit in corporate finance.

Blockchain 73

Blockchain Distributed Ledger Technology (DLT) Participant Use Case 73

PYMNTS

SEPTEMBER 12, 2019

The paper check continues to be a prominent — and, in many cases, dominant — payment method in B2B transactions. PYMNTS research released last October in the “ Bringing Corporate Payments Out of the Dark Ages ” webinar revealed 64 percent of B2B payments are made with checks, despite consumer payments’ acceleration toward electronic tools.

AFP 51

AFP Checks ISO 20022 Cross-Border 51

PYMNTS

OCTOBER 31, 2019

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. Although the traditional lockbox can support access to this information, the fact that B2B payments are digitizing cannot be ignored. Take the lockbox, for example.

Lockbox 43

Lockbox Remittance Data Checks RTP 43

PYMNTS

JUNE 26, 2019

For a three-month pilot that ended in May, he said, Interac worked with Alectra Utilities to offer real-time disbursements to consumers using Interac e-Transfer (Canada’s leading P2P and B2B digital money movement service). The security benefits of decentralization make blockchain an attractive fit in corporate finance.

Use Case 58

Use Case Real Time Payments Distributed Ledger Technology (DLT) Blockchain 58

PYMNTS

JULY 16, 2020

This challenge can quickly lead to discouraged finance teams that abandon the effort to implement a v-card program altogether. In a conversation with Karen Webster, Anderson discussed why CFOs and finance teams don’t have to clear the supplier card acceptance hurdle entirely to still benefit from a v-card program. .

ACH 68

ACH Remittance Data Payments Strategy Checks 68

PYMNTS

JUNE 22, 2016

In B2B payments, accounts payable automation is a hot topic, as are the challenges AP professionals face when it comes to paying suppliers and managing the data from those transactions. But a new report from Corcentric , written by the Institute of Finance & Management (IOFM), details the hurdles on the other side of the payment.

Automation 42

Automation Accounts Payments Disputes 42

PYMNTS

MAY 22, 2017

Those features include remittance advice matching, ACH and wire repair and an integrated receivables file. The tools aim to reduce paper in corporate finance operations, Wells explained, and nix manual remittance and data entry.

ACH 40

ACH Accounts Wire Wires 40

PYMNTS

JULY 21, 2017

The buyer-supplier disconnect in how payments are made and received is a predicament at the cornerstone of many innovative B2B FinTech solutions. Buyers have their own preferences in how they want to pay, and they typically want to wait to settle their invoices to hold on to their cash for as long as possible.

Checks 47

Checks ACH Payments Same Day ACH 47