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Signature Bank Taps Tech For Simplified AP

PYMNTS

Payments are facilitated using virtual Visa commercial cards, ACH and checks. Finrails AP offers increased visibility into cash flow, and the platform has built-in fraud detection via Positive Pay. A customer service team will assist vendors in moving to electronic payments.

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Corcentric Joins The B2B Payments Game

PYMNTS

Using FIS-run PayNetExchange to process ACH, checks and virtual cards and using Comdata to issue Mastercard commercial cards, Corcentric pulls in payment capabilities across a range of rails to support the last mile of the B2B transaction. But there’s more to choosing a payment technology than supplier acceptance.

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Business Email Scams Spin Even Wider Webs

PYMNTS

One survey respondent told the AFP that more than 100 commercial cards in the company’s card program “fell victim to a credit master attack.” “Organizations are now using measures, such as positive pay, to a much larger extent than before, after its use declined in 2016,” the AFP noted.

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