Remove B2B Remove Payer Remove Remote Deposit Capture
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Preserving Check Workflows Can Ease B2B Payments Digitization

PYMNTS

Although a recent uptick in B2B payments innovation has accelerated corporates’ migration away from the paper check, old habits die hard, and the legacy payment tool remains a mainstay in the accounts payable (AP) department. “Checks will be around for a while. .”

Checks 67
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A Reality Check For B2B Payments

PYMNTS

Payment processing firm iStream first launched more than a decade ago to provide its Remote Deposit Capture technology for companies that need to collect payments in the field in the form of checks. A final dose of reality the executive offered is perhaps the most significant: Payers want to be in control.

Checks 40
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FinTechs Take The Initiative In Bank Collaboration

PYMNTS

TrueLayer’s application programming interface (API) technology supports payment acceptance with a focus on speed and security of the transaction without requiring payers to provide credit or debit cards. “A significant number of individuals simply don’t have access to credit and debit cards,” he said.

FinTech 68
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Suppliers Faced With New Friction As More Invoices Get Paid Electronically

PYMNTS

One of the biggest pro-check arguments in B2B payments today is that the payment rail lets corporate payers get a few extra days off to float cash. It’s the “check’s in the mail” argument that allows businesses to hold onto money just a bit longer between the time they mail the check and the time it’s cashed.

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Startup Roundup: Letting The Machines Do Their Thing

PYMNTS

The IRS is hiring and training more than 3,000 agents to enforce its Foreign Account Tax Compliance Act (FATCA), and the onus is now on the payer to collect all necessary tax documents from the payee and validate the info on those forms.

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Startup Roundup: Letting The Machines Do Their Thing

PYMNTS

The IRS is hiring and training more than 3,000 agents to enforce its Foreign Account Tax Compliance Act (FATCA), and the onus is now on the payer to collect all necessary tax documents from the payee and validate the info on those forms.