PYMNTS

SEPTEMBER 19, 2019

In a press release , Avidia said it will soon onboard to real-time payments via The Clearing House, adding to its existing faster payment support that enables P2P and C2B push payments via payment cards. Another institution , Avidia Bank, is also embracing real-time payments in collaboration with FinTechs.

Real Time Payments 69

Real Time Payments RTP Payment APIs and Integration C2B 69

PYMNTS

DECEMBER 12, 2017

billion in funds and averaging about $650 per transaction — all driven by C2B transfers, which made up 94 percent of the activity. Here are the numbers: $9 billion | Total lost at major retailers like Target, Home Depot, Walmart and Lowe’s, among other well-known sellers, to scammers beating the gift card system.

Same Day ACH 40

Same Day ACH ACH C2B AFP 40

PYMNTS

DECEMBER 17, 2019

In addition to its no-fee P2P service, the company also offers a product for merchants called Chipper Checkout, which is a fee-based C2B product that helps to generate revenue. Chipper Cash Co-founder Ghanaian Maijid Moujaled said the company has processed over three million transactions and has upwards of 600,000 active users.

FinTech 52

FinTech C2B Cross-Border P2P 52

PYMNTS

SEPTEMBER 3, 2020

Regardless of whether payments are B2B or C2B, he said the trend has been clear: “You want to be able to choose between which payment instruments you are going to be using at the time of your choosing.

Digital Payments 104

Digital Payments Multifactor Authentication Point-of-Sale (POS) C2B 104

PYMNTS

JULY 15, 2019

In a press release , Avidia said it will soon on-board to real-time payments via The Clearing House , adding to its existing faster payment support that enables P2P and C2B push payments via payment cards.

Real Time Payments 46

Real Time Payments FinTech Payment APIs and Integration C2B 46

PYMNTS

MAY 9, 2019

The company is also launching a merchant-facing C2B mobile payments app called Chipper Checkout, which will be a paid app. The company has offices in Ghana and Nairobi, and it’s based in San Francisco. It’s processed 250,000 transactions for upwards of 70,000 active users.

Cross-Border 46

Cross-Border C2B FinTech Cross-Border Payments 46

PYMNTS

AUGUST 14, 2020

It’s not as much of a one-on-one relationship that you would see from a C2B perspective. “From a B2B standpoint, it’s about personal engagement that a buyer and supplier share in the B2B space,” explained Sinha. There is a negotiated price, and each client has a specific price and specific payment terms.”.

Treasury 118

Treasury Payment APIs and Integration B2B B2C 118

PYMNTS

MARCH 10, 2020

And in looking toward the evolution of real-time payments, he said it’s likely the movement will be from P2P to consumer-to-business (C2B) — especially in paying small businesses such as lawn care companies or car repair shops.

P2P 92

P2P Real Time Payments Zelle Credit Union 92

PYMNTS

JANUARY 30, 2020

Beyond C2B, the company continues to grow its B2B business, said Kelly, with new business in Singapore and Hong Kong for virtual cards. Visa Direct, said Kelly, has served B2B and small business transactions with over 700 million transactions in the fiscal first quarter of 2020.

Contactless Payments 91

Contactless Payments Transactions Cross-Border Volume 91

PYMNTS

AUGUST 30, 2019

Bose said there are significant changes taking place amid Citi’s corporate clientele, which include a shift from purely business to business flows to business to consumer (B2C) and consumer to business (C2B) flows.

Treasury 40

Treasury API Payment APIs and Integration C2B 40

PYMNTS

NOVEMBER 6, 2018

Such was the case in Hong Kong, where the existing RTGS system was only serving high-value interbank transactions, leaving peer-to-peer (P2P) and consumer-to-business (C2B) payments to languish. These payments were typically only processed during work hours, could take days to clear and came with a price tag of up to HK $200 ($25.50

Faster Payments 53

Faster Payments Real Time Gross Settlement (RTGS) Same Day ACH Cross-Border Payments 53

PYMNTS

APRIL 2, 2019

Customer-to-business (C2B) bill payments aren’t the only transfers made simpler by RTP. These struggles make the capabilities of RTP — especially its “request to pay” options — even more compelling. How RTP Has Changed the Bill Payments Game.

Real Time Payments 49

Real Time Payments RTP Payer Irrevocability 49

Faster Payments Council

MARCH 15, 2023

C2B) to better capture the benefits of digital and mobile transacting, and how it's beginning to happen in the U.S., Experiences in other countries will also be discussed, but the focus will be on how real-time payments were pushed (by monetary authorities and participants) into the payments mainstream (e.g.,

FPC 88

FPC ISO 20022 Cross-Border Payments Cross-Border 88

PYMNTS

MARCH 2, 2016

The reason faster payments is so important, Proto said, is because the four major quadrants of the payments industry — P2P, B2B, B2C and C2B — are all beneficially impacted when it comes to the expedited movement of money and data. That’s revolutionary,” he said.

Faster Payments 41

Faster Payments NACHA C2B P2P 41

Payment Savvy

DECEMBER 9, 2020

These payments offer instant round the clock transfers for B2B (Business-to-Business), B2C (Business-to-Consumer), C2B (Consumer-to-Business), and P2P(Peer-to-Peer). Real-time payments offer a solution to delayed payment options like ACH transactions, credit cards, debit cards, checks, etc. RTP makes it simple to move money.

Payments Trends 52

Payments Trends Payments RTP C2B 52

PYMNTS

NOVEMBER 27, 2018

The next-highest category, consumer-to-business (C2B) cross-border payments, paled in comparison at just $54 billion. In a new report , “A vision for the future of cross-border payments,” SWIFT and McKinsey & Company found that B2B cross-border transactions accounted for $125 billion in revenues last year.

Cross-Border Payments 49

Cross-Border Payments Cross-Border SWIFT Correspondent Bank 49

PYMNTS

JULY 18, 2017

More than half of individuals surveyed (54 percent) also believe that companies will bill customers via automating payments from bank accounts or credit cards, while nearly the same amount said they expect B2C and C2B payments to occur via mobile app in the future too.

B2C 41

B2C B2B Payments Trends Payments 41

PYMNTS

DECEMBER 14, 2018

According to SWIFT and McKinsey & Company research , B2B cross-border payments accounted for $125 trillion in revenues last year alone, significantly higher than the $54 billion initiated by consumer-to-business (C2B) cross-border payments. percent (compared to 6 percent for peer-to-peer [P2P] payments).

Cross-Border Payments 77

Cross-Border Payments Cross-Border Correspondent Bank FinTech 77

PYMNTS

DECEMBER 12, 2017

They’re just a few of the latest developments covered in the Faster Payments Tracker, and there are clear implications for peer-to-peer (P2P) and consumer-to-business (C2B) transactions. But a clear indication of how these developments could impact the B2B payments space remains elusive.

Faster Payments 48

Faster Payments Same Day ACH B2B Zelle 48

PYMNTS

NOVEMBER 8, 2017

However, as current faster payments initiatives suggest, the focus continues to be on consumer payments, mainly P2P and consumer-to-business (C2B), with some programs supporting B2B transactions. That’s not surprising, though, considering corporates are not necessarily demanding real-time payment capabilities.

Real Time Payments 40

Real Time Payments B2B Innovation Faster Payments 40

PYMNTS

DECEMBER 2, 2019

The payments landscape has evolved over the past few years to embrace other flows across consumer-to-business (C2B), healthcare and business-to-business (B2B) use cases — and open up investment opportunities for those with great tech, but no way to scale it.

Demand Deposit Account (DDA) 50

Demand Deposit Account (DDA) C2B Innovation Continuity 50

PYMNTS

APRIL 16, 2020

The COVID-19 pandemic’s impacts are already being felt across various business sectors, and efforts to reduce its spread are sending ripple effects through supply chains and shifting B2B and consumer-to-business (C2B) payment practices.

On-Demand 52

On-Demand Online and Mobile Banking B2B Push-to-Card 52

PYMNTS

DECEMBER 7, 2017

Whether payments are moving between individuals (peer to peer, or P2P) or between consumers and businesses (C2B), they flow most easily from like to like — for instance, if the sender wants to use PayPal, the recipient must also have an account. That’s why ubiquity is so desirable. But in an ecosystem like the one in the U.S.,

Irrevocability 40

Irrevocability Payment APIs and Integration P2P Online and Mobile Banking 40

PYMNTS

SEPTEMBER 23, 2019

Businesses now see the value and competitive opportunities in many C2B, C2C and B2C real-time payments use cases. That’s where the big payments flow – and where the big opportunities for innovation, change and disruption lie. They are investing in ways to make them happen right now, using the rails available to them.

Real Time Payments 61

Real Time Payments Payments B2B Innovation 61

PYMNTS

OCTOBER 2, 2019

As a result, he predicted that the entrenchment of faster payments will be a linear progression that moves from consumer-to-consumer (C2C) to consumer-to-business (C2B), then to business-to-consumer (B2C) to business-to-business (B2B). Yet, Kresse pointed out that, ultimately, individual consumer behavior drives changes in business behavior.

C2B 81

C2B Faster Payments Real Time Payments Lockbox 81

PYMNTS

MARCH 18, 2019

Use cases for Mastercard Send and Visa Direct range from P2P to C2B in the gig economy world – and B2C for disbursements supporting a diversity of use cases, including tax refunds, insurance claims and on-demand payroll for W-2 workers.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

Payment Savvy

JULY 17, 2023

Consumer-to-Business (C2B) C2B eCommerce reverses the traditional buyer-seller relationship. C2B platforms allow businesses to tap into a pool of talented individuals, freelancers, and influencers who can contribute their skills and expertise. It occurs when consumers offer products or services to businesses.

C2B 52

C2B Online and Mobile Banking B2C Product 52

PYMNTS

FEBRUARY 26, 2020

The DadePay product suite is part of a single enterprise platform and serves multiple industries, including B2B and C2B industries. Its integrated receivables solution, DadePay, is used by businesses and banks as well as the partners who serve them. and holds over 180 portfolio investments.

C2B 63

C2B Returns B2B Participant 63

PYMNTS

DECEMBER 5, 2017

Fiserv comes to the conversation with 30 years of insider industry knowledge, and on the heels of a year in which it moved more than $75 trillion across 30 billion digital payments in peer-to-peer (P2P), consumer-to-business (C2B) and business-to-consumer (B2C) transactions. In other words, it’s seen some stuff. Alphabet Soup.

Consumer 56

Consumer Same Day ACH C2B B2C 56

PYMNTS

JULY 9, 2020

With consumers continuing to elevate their use of mobile payments, enabling individuals who also operate small businesses to make cross-border B2B transactions the same way they make C2B or peer-to-peer payments could be an especially effective strategy in this market.

B2B 82

B2B Cross-Border Cross-Border Payments Small Business 82

PYMNTS

OCTOBER 29, 2020

Such online platforms, he added, can eventually revolutionize B2B payments, and even B2C and C2B transactions. A similar effort across the Deluxe Payment Exchange addresses non-recurring payments for property and insurance and other verticals. On The Path To Digitization.

Checks 78

Checks B2B Payments C2B 78

PYMNTS

DECEMBER 5, 2017

90 percent | Percentage of banks that say they have major concerns about data management, per a report released last week by Wolters Kluwer’s Finance, Risk & Reporting, developed in conjunction with Risk.net.

Ransomware 42

Ransomware C2B B2C Small Business 42

PYMNTS

OCTOBER 16, 2019

He told Webster that no matter the transaction — whether B2C, C2B or B2B — it is of critical importance for supply chain ecosystems to ascertain that the full value of payments will come, without delay, into accounts once transactions are complete.

Cross-Border Payments 51

Cross-Border Payments Cross-Border Payment APIs and Integration SWIFT 51

PYMNTS

NOVEMBER 7, 2018

RTGS was designed to support high-value, interbank transactions, but P2P and C2B payments typically took a day or two to clear, were processed only during work hours and cost up to HK $200 (US $25.5) After two decades of tweaking and updating its existing Real-Time Gross Settlement (RTGS) system, Hong Kong determined it needed a new rail.

Faster Payments 49

Faster Payments Real Time Gross Settlement (RTGS) Payments C2B 49

PYMNTS

OCTOBER 23, 2019

What you see through these two actions,” he told Webster, is to expand Mastercard’s role in commerce beyond cards.” And to get there, the company is leveraging the functionalities gained from its 2017 acquisition of Vocalink and its 2019 buy of Transfast to shift payments beyond traditional card rails.

Visa 41

Visa Real Time Payments Online and Mobile Banking Payments 41

Fintech Labs Insights

JULY 16, 2015

Eco-Mail’s exchange-based technology eliminates physical mail delivery for mailers, consumers and large enterprises by using its proprietary platform to eliminate paper-based B2B, C2B and B2C mail. Euronovate’s new generation pad offers customers strong authentication.

Online and Mobile Banking 26

Online and Mobile Banking Payment APIs and Integration Advisors Push-to-Card 26

PYMNTS

AUGUST 2, 2019

Modern consumers purchase everything from software to music streaming to groceries through subscriptions, but even merchants that have been successful in their domestic markets can find it challenging to make the model work abroad.

Payments 49

Payments Cross-Border Online and Mobile Banking Credit Cards 49