PYMNTS

OCTOBER 30, 2020

The demand for faster payments is ringing louder than ever during the economic downturn. Businesses need to maintain smooth revenue streams and are working hard to avoid being hit with painful late client payments or delayed access to their earnings while also ensuring their workers are paid promptly.

Faster Payments 59

Faster Payments Payments Tools RTP Same Day ACH 59

PYMNTS

OCTOBER 29, 2020

PNC Bank ’s treasury management division recently sought to provide an alternative by offering companies capabilities for suppling employees with prepaid debit cards and then pushing payroll over faster payment rails onto those tools. Find more about these and the rest of the Real-Time Payments headlines in the Report.

Faster Payments 43

Faster Payments Same Day ACH Real Time Payments Payroll 43

PYMNTS

OCTOBER 21, 2019

PNC Treasury Management is rolling out a new solution designed to optimize corporate treasurers’ B2B payments. Options for payment methods will include real-time payment (RTP), same day ACH or next day ACH, with PNC planning to incorporate a wire transfer option in the first quarter of next year.

Faster Payments 40

Faster Payments Automation Same Day ACH RTP 40

PYMNTS

JANUARY 6, 2020

Furthermore, faster payments is also likely to drive community banks’ competitive edge. “Faster payments is the way of the industry for all of us financial institutions — large, medium or small,” she said.

Community Banks 49

Community Banks Faster Payments Federal Reserve Small Business 49

PYMNTS

JUNE 27, 2019

New faster payment initiatives are popping up around the world, from Saudi Arabia to Brazil to Australia. According to the latest PYMNTS Faster Payments Tracker , Same Day ACH volume has seen a 24 percent increase year over year between the first quarter of 2018 and the first quarter of 2019. In the U.S.,

Faster Payments 40

Faster Payments Risk Real Time Payments Fraud Detection 40

PYMNTS

JULY 7, 2020

Faster Payments scheme. With a focus on its broader treasury management offerings, People’s United is adding MineralTree’s invoice-to-pay solution and FIS’s integrated payables technology to streamline business clients’ accounts payable processes.

Community Banks 96

Community Banks Payment APIs and Integration FinTech Treasury Management 96

PYMNTS

OCTOBER 23, 2019

B2B payments innovators are constantly in search of ways to get rid of paper checks, but their prevalence has some service providers exploring ways to remove the pain of checks without removing the payment method outright.

Faster Payments 40

Faster Payments B2B RTP ACH 40

PYMNTS

NOVEMBER 25, 2020

One mode supported by Transcard’s new offering is RTP, a faster payment capability that, while quickly gaining traction, may not immediately seem like the right fit for B2B payers looking to hold onto capital as long as possible. Everybody calls RTP a faster payment. Deepening Data Ties.

B2B 116

B2B RTP Payments Real Time Payments 116

PYMNTS

NOVEMBER 14, 2018

Corporate finance executives seem to be readying for real-time payments, preparing to adopt faster payment capabilities and bracing for changes to their cash flow management strategies as a result. Yet, as these caps rise across the globe, treasurers are likely to see disruption.

Real Time Payments 78

Real Time Payments Real Time Gross Settlement (RTGS) Liquidity Management Same Day ACH 78

PYMNTS

JUNE 29, 2018

. “We want to offer our customers the widest solution, soup to nuts — that means creation of the remittance data, creation of the payment, reconciliation of the payment, treasury management services, the entire spectrum,” he noted, adding that virtual cards can address all of these needs for insurance firms.

Faster Payments 40

Faster Payments Same Day ACH ACH Remittance Data 40

PYMNTS

NOVEMBER 18, 2020

Panelists included Sarah Billings , PNC’s senior vice president and head of payments product, operations and strategy; Bridgit Chayt , Fifth Third Bank’s senior vice president and director of commercial payments and treasury management; and infrastructure expert Domenico Scaffidi of Volante Technologies. The Three Is .

Real Time Payments 98

Real Time Payments ISO 20022 Reconciliation Payments 98

PYMNTS

JANUARY 23, 2020

The acceleration of the movement of money is likely to have significant implications for how organizations of all kinds – particularly banks and financial institutions (FIs) manage liquidity. Indeed, faster payments can support banks’ need to get cash where it needs to go in a timely manner.

Real Time Payments 96

Real Time Payments Liquidity Management Treasury FedWire 96

PYMNTS

OCTOBER 29, 2020

Bank On Helping Businesses Pick Faster Payment Options. Slow payment options can be devastating to businesses' stability and vendor relationships, but firms often find themselves struggling to choose the right faster payment alternatives, says U.S.

Cross-Border 65

Cross-Border Visa Faster Payments Treasury Management 65

PYMNTS

MAY 16, 2016

Between treasury management, accounting, invoicing, cash management and all the other money tools corporates have access to today, it’s a wonder CFOs can keep their heads on straight. It’s changed the game, not only for corporate clients but for the FinTech players developing and offering these treasury solutions.

Treasury 41

Treasury Treasury Management Cash Management On-Demand 41

PYMNTS

JANUARY 8, 2021

For example, that might mean having a process in place so that funds are appropriately applied or available when money comes in during off-hours or on the weekend, she said, and really thinking through the process from an accounting, liquidity and treasury management perspective.

RTP 139

RTP TCH Funding Agent Continuing Education 139

PYMNTS

FEBRUARY 27, 2019

Corporate treasury and cash management solutions provider Kyriba is linking its business users to faster payments functionality through a new collaboration with Citi. 26), Kyriba said it is integrating with Citi via API to allow clients to access their Citi accounts directly from their treasury platform.

API 40

API Payment APIs and Integration Accounts Treasury 40

PYMNTS

NOVEMBER 6, 2018

Christopher Ward, EVP and head of product management and operations for treasury management at PNC , and David Barnhardt, EVP of product at GIACT. He said that PNC felt comfortable taking this step, in part, because it fits with the FI’s early investment in and adoption of faster payments in general. The occasion?

Real Time Payments 77

Real Time Payments Payment APIs and Integration Verification Authentication 77

PYMNTS

AUGUST 21, 2018

Less than a year after going live on The Clearing House ‘s Real-Time Payments (RTP) network, PNC is now linking corporate customers of PNC Treasury Management to RTP capabilities. PNC announced it had joined RTP last December using Finastra’s Fusion Payments platform. A press release Monday (Aug.

Real Time Payments 40

Real Time Payments RTP Treasury Management Online and Mobile Banking 40

PYMNTS

JULY 16, 2019

Some of the largest points of friction in B2B payments today boil down to fragmentation and data silos: Traditionally, there is separation between a process (i.e., procurement), and its related payments (i.e., the function of payment a vendor). That’s because of all of the other silos that remain.

Payment APIs and Integration 60

Payment APIs and Integration B2B API Payments 60

PYMNTS

SEPTEMBER 24, 2020

FIS is facilitating real-time payments services to the FIs, while The Clearing House operates the RTP system that enables instant payment settlement and availability of funds. BELLIN Secures SWIFT gpi Label.

Office of the Comptroller of the Currency 75

Office of the Comptroller of the Currency B2B OCC SWIFT 75

PYMNTS

JULY 26, 2019

Increasingly, the financial services industry is targeting sluggishness in corporates’ cross-border payments, too, through technologies like blockchain and the development of faster payment rails around the globe. As the pace of payments innovation accelerates, banks will face rising operational hurdles.

Cross-Border Payments 64

Cross-Border Payments Cross-Border Innovation Correspondent Bank 64

PYMNTS

DECEMBER 10, 2019

FIs looking to recruit and keep corporate customers are working to accelerate clients’ B2B payments, with many finding application programming interfaces (APIs) key to delivering compelling payment solutions that are easy for those clients to adopt. Deep Dive: The Advantages Of APIs When Enabling Faster Payments.

Treasury 52

Treasury API B2B Faster Payments 52

PYMNTS

JANUARY 6, 2017

Treasury management software company TreasuryXpress is giving its corporate clients a payments boost via a new upgrade to C2Treasury. 5) that updates to its treasury management software aim to improve payments and cash visibility. The company announced Thursday (Jan.

Treasury Management 40

Treasury Management Treasury Payments On-Demand 40

PYMNTS

SEPTEMBER 15, 2020

Using infrastructure developed by Visa within its Visa Direct service, Interchecks is leveraging its own platform to facilitate real-time transactions for corporate clients of First Horizon's treasury management solutions.

RTP 105

RTP Blockchain Distributed Ledger Technology (DLT) Cross-Border 105

PYMNTS

FEBRUARY 6, 2020

With a focus on enabling real-time settlement, Transparent Systems is tackling a market that has not necessarily been the biggest target of faster payment capabilities, particularly as corporates focus on delaying payment to suppliers as long as possible. Corporates’ Real-Time Demand.

Settlement 67

Settlement B2B Same Day ACH ACH 67

PYMNTS

OCTOBER 24, 2019

Fides aims to address this multi-bank management challenge by offering technology for firms to connect into multiple bank accounts through a single platform, and integrate this tool with existing treasury management platforms. That’s not to say such innovations won’t have a positive mark on the treasury management world.

Treasury 40

Treasury Treasury Management Cross-Border Payment APIs and Integration 40

PYMNTS

AUGUST 8, 2019

Commercial and virtual cards, meanwhile, support faster payments to vendors while enabling payers to retain their capital for longer, too, as well as the opportunity for rebates and rewards. There are a lot of treasury management issues out there that need to be addressed,” he told PYMNTS in a recent interview.

Accounts 57

Accounts ACH B2B Payments 57

PYMNTS

AUGUST 15, 2019

Treasury management software provider TreasuryXpress released an API in 2017 that uses ISO 20022 to convert system data in a treasury management and enterprise resource planning platform into payments to prove compatibility. .

ISO 20022 58

ISO 20022 ISOs Interoperability Message Standards 58

PYMNTS

DECEMBER 11, 2017

That collaboration sees FIS working with Citi’s Treasury and Trade Solutions unit and uses CitiConnect application program interfaces (APIs) to integrate FIS’ Trax corporate payment capabilities into Citi treasury tools. Christopher Ward, in a statement earlier this month.

Real Time Payments 40

Real Time Payments RTP TCH Payment APIs and Integration 40

PYMNTS

JANUARY 13, 2017

Consequently, these two factors are also top-of-mind for today’s corporate treasurers when it comes to sending and receiving payments, said Anis Rahal, CEO of treasury management company TreasuryXpress. Because the solutions to the checks, to manual solutions, they’re expensive,” Rahal explained. And it takes time.

Treasury Management 40

Treasury Management Treasury Payments Checks 40

PYMNTS

SEPTEMBER 2, 2020

"While American Express is known for our no pre-set spending limit, pay-in-full charge card model with our iconic Green, Gold and Platinum Cards, we’ve long heard from our card members who are small business owners that increased payment flexibility is important to them," he said. PNC Enables Real-Time Push Payments For Corporates.

Innovation 60

Innovation Push-to-Card Commercial Card Debit Card 60

PYMNTS

MARCH 16, 2018

For OANDA, that means developing a robust foreign exchange (FX) management solution for corporate treasurers — only the company isn’t targeting treasurers directly with the tool. We’re looking to partner with treasury management system [TMS] providers out there. Companies are going global, and payments are becoming faster too.

Treasury 53

Treasury Payment APIs and Integration API Treasury Management 53

PYMNTS

JUNE 3, 2020

The fleet management platform said it will roll out automated billing in its portal that brings together mobile, cloud and on-premise treasury management software to allow for the invoicing process immediately when merchandise is delivered.

Treasury Management 52

Treasury Management Automation Treasury Facilitators 52

PYMNTS

JUNE 4, 2020

Huntington is planning other enhancements to the real-time payments option that will increase the technological capabilities and further boost the process, the release states. “Real-time payments is a tremendous leap forward in meeting their needs for greater speed, security and efficiency in payments,” Hastings said.

Real Time Payments 52

Real Time Payments RTP Consumer Online and Mobile Banking 52

PYMNTS

JUNE 26, 2018

Faster payments have an uncertain future in B2B transactions. At present, payroll and gig worker payments may be the most emphasized use cases for faster payments capabilities in the corporate world, with fewer experts expecting payments acceleration to gain traction in accounts payable and supplier payment scenarios.

Real Time Payments 46

Real Time Payments Payments Strategy RTP FinTech 46

PYMNTS

OCTOBER 29, 2019

FitechGelb is also among the real estate technology firms that are enhancing access to FinTech, having recently announced a partnership with TreasuryXpress to connect clients to industry-specific treasury management services. ” “Additionally,” he said, “you have owners, third-party managers and construction.

B2C 41

B2C B2B Innovation FinTech 41

PYMNTS

OCTOBER 31, 2019

Being able to integrate a lockbox and the data it collects into a company’s electronic AR and financial management platforms is key to supporting modernization efforts on a larger scale. The emergence of faster payment networks is elevating the importance of AR functionality even more.

Lockbox 43

Lockbox Remittance Data Checks RTP 43