PYMNTS

OCTOBER 9, 2019

A new report from Barclays suggests that this focus on the vendor wouldn’t only be beneficial to the accounts payable service providers vying for their solutions gain traction. With this in mind, Barclays became the latest financial service provider to introduce a new corporate payments service designed with the vendor in mind.

Automation 51

Automation B2B Commercial Card Accounts 51

PYMNTS

DECEMBER 26, 2019

Solution providers that can offer this choice in payment “will be a critical differentiator” in the year and years ahead, said McCarthy, adding that AR platforms must allow B2B vendors to offer their payers a range of payment choice beyond ACH or checks, with more firms embracing commercial cards, PayPal and other alternative payment technologies.

Accounts 53

Accounts B2B End User Payer 53

PYMNTS

SEPTEMBER 10, 2019

Luckily, said Bill Wardwell, VP of Strategy at Bottomline Technologies, the new narrative of B2B payments is overwhelmingly digital, which will make cross-platform integration easier — so long as service providers embrace collaboration. “We B2B vendors often carry the burden of B2B payments friction. Easing Friction Across Borders.

B2B 59

B2B Cross-Border Payments ISO 20022 59

Stax

MARCH 14, 2024

Payment gateway Payment gateways are commonly used when services are purchased online, such as with online retailers. But they’re also popular to provide a way for B2B customers to make electronic payments. Payments work by giving the payer a link to complete the transaction.

B2B 88

B2B Process B2C Credit Cards 88

PYMNTS

NOVEMBER 5, 2018

What is clear, though, is that ACH is a growing part of businesses’ accounts payable (AP) and other payment operations, with industry service providers pushing corporates away from paper checks. New data has emerged about how SMBs use other payment rails , including cards and wire transfers. NACHA said 43.2

Small Business 68

Small Business Same Day ACH Wire Transfer NACHA 68

PYMNTS

MARCH 16, 2016

This means Xero’s SME users can pay their international invoices via Midpoint’s FX services, which uses a peer-to-peer matching model, allowing payers to obtain the midpoint of the interbank market rate for foreign exchange costs at that moment in time. Direct Competition. Collaboration.

Commercial Card 42

Commercial Card Online and Mobile Banking Payments Payer 42

PYMNTS

OCTOBER 29, 2019

They may be the incumbents, but they’re also operating, in many cases, with legacy infrastructure that isn’t capable of supporting the kind of speed, transparency, visibility and efficiency now demanded by corporate payers and other players in the B2B payments ecosystem. Forging a Different Path. Embracing Change.

B2B 40

B2B Innovation Payments B2C 40

PYMNTS

JANUARY 20, 2020

Though adoption is on the rise , commercial cards still hold only a fraction of the corporate payments market — and an even smaller share of transaction volumes in accounts payable (AP). does allow, in many cases, for companies to add a surcharge to transactions when accepting commercial card payments.

Commercial Card 53

Commercial Card B2B Legal Payer 53

PYMNTS

JANUARY 17, 2020

” Perhaps the most obvious reflection of this challenge can be seen in the commercial card space. It’s a significant opportunity for companies of all sizes, but with small businesses continuing to be underserved, Bar noted that technological innovations will open up more doors for service providers to fill that gap.

Faster Payments 61

Faster Payments B2B Small Business Venmo 61

PYMNTS

OCTOBER 22, 2019

Corporate financial services providers taking aim at accounts payable friction this week pulled double-duty with new tools that also addressed friction for clients’ suppliers. Bank introduced a new eBilling tool also designed both for billers and payers. Bank Targets Both Billers and Payers. Finally, U.S.

Payer 40

Payer B2B Commercial Card Faster Payments 40

PYMNTS

AUGUST 3, 2016

“As government and commercial payers reduce reimbursement levels, many hospitals are seeing their margins shrink,” explained Becker’s Hospital Review in a recap of the event. “Hospitals and health systems must find new ways to streamline operations to remain financially viable.”

Checks 40

Checks B2B NACHA Treasury Management 40

PYMNTS

SEPTEMBER 10, 2018

Financial service providers looking to enhance B2B payments offerings must turn their attention to the user experience. That focus led UMB to recently announce a partnership with Fraedom , a deal that sees UMB’s corporate customers being migrated to the Fraedom expense management platform linked to commercial cards.

Commercial Card 40

Commercial Card Payer Reconciliation B2B 40

PYMNTS

JANUARY 27, 2021

Although commercial cards are evolving to gain traction in more B2B payment scenarios — particularly, accounts payable (AP) — new challenges emerge that can slow down the rate of adoption. Adflex CEO Raises Commercial Card PSD2 Concerns.

Commercial Card 94

Commercial Card Payroll Multifactor Authentication B2B 94

PYMNTS

MAY 20, 2020

With corporate card products offering an opportunity for businesses to manage their working capital, service providers have explored new opportunities to promote adoption of the payment tool. Some FinTechs are targeting small businesses directly with technology to ease card payment and acceptance capabilities.

Commercial Card 68

Commercial Card Card Issuer FinTech Small Business 68