Fintech Finance

FEBRUARY 29, 2024

Expected to launch shortly, these accounts will be well-suited to enterprises that need to manage funds, and complex reconciliation processes, but which don’t necessarily need payment initiation functionality at the checkout – for example, global online travel agents that need to initiate bulk payouts to local suppliers in different jurisdictions.

Real Time Payments 52

Real Time Payments Cash Management Payment Initiation Reconciliation 52

PYMNTS

AUGUST 8, 2019

Keeping Checks In B2B Payments. The impact of the Federal Reserve’ s faster payments initiative puts an interesting spin on the nation’s payments innovation efforts overall. Business-to-business payments have been some of the most resistant to electronics,” he said at the time.

FedNow 66

FedNow Checks B2B Federal Reserve 66

PYMNTS

NOVEMBER 16, 2016

Their partnership will allow financial institutions to offer real-time and same-day ACH payments as a white-labeled solution, reports said. Linked2pay pointed to B2B payments as a particular area that could see positive disruption from faster payments initiatives.

Real Time Payments 71

Real Time Payments Remote Deposit Capture Same Day ACH ACH 71

EBizCharge

MAY 15, 2024

Business-to-business payments play a crucial role in commerce by allowing companies to process payments with each other using specific payment methods and key players to facilitate these transactions. Payment Initiation: Once the buyer receives the invoice, they initiate the payment process.

B2B 52

B2B Wire Transfer Payments Payment Gateways 52

PYMNTS

OCTOBER 7, 2019

First Investment Bank ( Fibank ) is the first Bulgarian bank to offer the SWIFT Global Payment Initiative (gpi), according to a press release. Last month, SWIFT partnered with Equiniti Business Payment Services , which is the international payments division of Equiniti Group.

SWIFT 43

SWIFT International Payments Correspondent Payment Message 43

PYMNTS

NOVEMBER 8, 2017

“Financial institutions need to be actively exploring use cases for real-time payments within their own organizations for meeting the requirement of their customers. Those who wait may find themselves left behind as the faster payments revolution takes hold.”. Not all real-time payments initiatives are created equal, though.

Real Time Payments 40

Real Time Payments B2B Innovation Faster Payments 40

PYMNTS

MAY 3, 2019

A 2016 report from HSBC found that a “lack of international business experience and knowledge” held small business owners back from global expansion and, therefore, from the adoption of global payment solutions. “I think the speed of payment is incredibly important,” he said.

Global Payments 60

Global Payments Cross-Border Payments Cross-Border Small Business 60