PYMNTS

APRIL 10, 2020

“In times of uncertainty, it’s important that we help our clients mitigate risk by offering flexibility, redundancy and resilience,” Ryan Frere, executive vice president, global payments at Flywire , told PYMNTS. The following is an excerpt from Black Swan , contributed by Flywire Executive VP of Global Payments Ryan Frere.

Mitigation 60

Mitigation Continuity Risk Payer 60

PYMNTS

SEPTEMBER 10, 2019

Global payments technology provider EVO Payments announced it has purchased SAP firm Delego Software, EVO said in a press release on Tuesday (Sept. EVO’s B2B customers have already used Delego’s SAP integrations and payment solutions under an earlier partnership agreement, according to the press release.

B2B 81

B2B Payer Payments Payment Solutions 81

Finextra

FEBRUARY 8, 2024

Flywire Corporation (Nasdaq: FLYW) (Flywire), a global payments enablement and software company, today announced that it has partnered with State Bank of India, India’s largest public sector bank, to enable Indian payers to seamlessly and digitally pay international education-related fees in their local currency (Indian Rupees) to higher education (..)

Payer 53

Payer Global Payments Payments 53

PYMNTS

NOVEMBER 23, 2020

Visa Commercial Pay B2B gives buyers and payers more flexibility as they transact with one another across program management platforms or third-party procurement platforms. The shift to digital payments has been gaining momentum.

B2B 115

B2B Payments Reconciliation Payer 115

PYMNTS

APRIL 12, 2019

The firm secured the funding from Active Capital, 500 Fintech, PlugNPlay Ventures and a range of angel investors, Back Office said in an announcement , adding that it plans to also use the investment to expand operations and introduce a range of add-on services like financing and bill payment for its SMB users. Buckzy Payments.

B2B 55

B2B Cross-Border Payments Global Payments Cross-Border 55

PYMNTS

JANUARY 28, 2021

This week's look at the convergence between accounts receivable (AR) and accounts payable (AP) finds this tactic expanding in the corporate card arena, while another FinTech aims to boost cross-border payment traceability for both payer and payee. Tat Capital Eases Card Acceptance For Vendors.

Innovation 61

Innovation Payer Cross-Border Payee 61

PYMNTS

AUGUST 6, 2020

The solution, Pay Direct , allows corporates to more seamlessly accept online payments directly from the sender’s bank account using the U.K.’s ’s Faster Payments real-time payments system. Plaid, Galileo Boost ACH Efficiency.

FinTech 110

FinTech Payment APIs and Integration ACH Online and Mobile Banking 110

PYMNTS

AUGUST 7, 2020

Providing Payer Certainty. Retail spending is up, and as more consumers are either required or choose to stay inside, they’re increasingly turning to online channels to make their purchases.

Cross-Border 120

Cross-Border Issuers Cross-Border Payments On-Demand 120

PYMNTS

MARCH 18, 2020

Goldman Sachs recently announced that it will offer its Global Payments capabilities on the SAP Ariba Network, a solution designed to enable faster, more affordable cross-border B2B payments. Goldman Joins SAP Ariba Network. Western Union Targets Law Firms. The solution targets U.S.

B2B 67

B2B Cross-Border Payer Payments 67

The Fintech Times

AUGUST 8, 2024

The matching service determines whether a name matches based on account data provided by each payee Financial Institution (FI) when compared to the account name entered by the payer. When a match result is a match or close match, a name display is provided to the payer.

Payee 59

Payee SWIFT Scams Payment APIs and Integration 59

PYMNTS

DECEMBER 11, 2019

For years, any attention given to solving B2B payments friction was typically focused on the payer. Furthermore, the challenges faced by suppliers when collecting payments can mean additional friction for their payers. A New Approach To Global Payments. and Turkey.

Cross-Border 53

Cross-Border B2B Cross-Border Payments Payer 53

PYMNTS

SEPTEMBER 10, 2019

Today, some of the industry’s biggest players will converge in New York City at this year’s PYMNTS B2B Payments Executive Forum , with Visa as presenting sponsor. The forum is a call to action for key industry stakeholders to tackle friction in the $125 trillion-worth of global payments volume flowing between businesses around the world.

B2B 59

B2B Cross-Border Payments Payer 59

PYMNTS

DECEMBER 26, 2018

American Express filed several of its own patents this year related to blockchain technology in B2B transactions, while the company has also partnered with Ripple to deploy the RippleNet global payments network, built on blockchain, for cross-border corporate payments.

Blockchain 80

Blockchain B2B Cross-Border Payments 80

PYMNTS

SEPTEMBER 30, 2019

Flywire is a payment solution for international students and educational institutions around the world. Its platform offers one point of management as well as payer engagement from billing and payment through reconciliation.

Cross-Border 59

Cross-Border Payments Payer Reconciliation 59

PYMNTS

MARCH 31, 2020

In a press release, Ripple said it will enable SCB to expand its existing Ripple-powered mobile app, which facilitates global payments for consumers, to its corporate users in an effort to connect small businesses to real-time, cross-border payment capabilities.

B2B 77

B2B Payroll Payments Cross-Border Payments 77

The Fintech Times

OCTOBER 19, 2024

Broadridge Financial Solutions , the investor communications and technology-driven solution provider, has launched a new managed service for connectivity, message processing and workflow management for instant payments.

Instant Payments 52

Instant Payments SWIFT Payer Request for Payment 52

PYMNTS

AUGUST 1, 2019

In corporate payments, high-value transactions with tall demands for compliance, transparency, speed, efficiency and security aren’t just placing a burden on the businesses sending and receiving funds.

Interoperability 61

Interoperability ISO 20022 Cross-Border Correspondent Bank 61

PYMNTS

OCTOBER 11, 2019

To that end, Flywire said at the end of last month that it has partnered with JCB International in a relationship that provides international students in Asia with options as they make cross-border tuition payments. And, as he told Webster, the JCB partnership helps establish a beachhead into other verticals.

Cross-Border 53

Cross-Border Cross-Border Payments Payer Interoperability 53

PYMNTS

SEPTEMBER 17, 2019

However, the real proof of progress in B2B payments, Phalen said, is in how industry stakeholders — including FIs, FinTechs and corporates — have overhauled how they think about those commercial payments challenges as they move forward to tackle them. Thinking Beyond the Payer. Payment Rails Converging.

B2B 52

B2B Innovation Payer Cross-Border 52

PYMNTS

JULY 15, 2020

In a conversation with PYMNTS, Nader discussed the role payments plays in helping (or hampering) a company’s global growth ambitions, and the value of an efficient global payments strategy on giving smaller companies a competitive edge that had once been out of reach. Although the globalization of U.S.

Cross-Border 67

Cross-Border Cross-Border Payments Multi-Currency Correspondent Bank 67

PYMNTS

APRIL 22, 2020

TransferMate Eases Payments On Invoices. TransferMate Global Payments is debuting a new invoice payments feature designed to make it easier for suppliers to get paid on their invoices, while also easing friction for the payer. Previse Automates Invoice Exceptions.

Payment APIs and Integration 56

Payment APIs and Integration B2B Payer Automation 56

PYMNTS

DECEMBER 27, 2016

Payments 2016: The Year Of The Emergence Of The Global Citizen. The world of global payments is evolving rapidly — driven by an increasingly global economy, expanding consumer buying power in regions like Asia and South America, rising adoption of digital payment methods and increasing concerns over security and transparency.

Cross-Border Payments 45

Cross-Border Payments Cross-Border Payee Payer 45

PYMNTS

APRIL 7, 2016

Traditional bank transfers remain, by and large, the most common way businesses pay each other internationally, according to the latest research from global payments firm Saxo Payments. For Saxo Payments, it’s clear: “Time poor, resource poor equals inefficient cross-border payments,” the paper concluded.

Cross-Border Payments 40

Cross-Border Payments Cross-Border Card Issuer Issuers 40

PYMNTS

APRIL 7, 2019

Payment solutions company Flywire has added machine learning capabilities to its cross-border payment and receivables platform, according to a release from the company.

Cross-Border 62

Cross-Border Cross-Border Payments Reconciliation Payments 62

PYMNTS

APRIL 5, 2016

These profits are coming from the 3–5 percent foreign exchange fees that banks can charge for conducting a cross-border transfer, often through the costs that get tacked on as a payment moves between corresponding banks. That doesn’t mean Uphold isn’t anticipating competition, however.

Cross-Border 73

Cross-Border Cross-Border Payments Correspondent Bank Correspondent 73

PYMNTS

JANUARY 2, 2019

Cards are still expected to account for only a minor fraction of B2B payments volume in accounts payable by the end of the year, after all, with ACH gaining traction as the go-to ePayments rail for corporate payers.

B2B 75

B2B Visa Distributed Ledger Technology (DLT) Commercial Card 75

PYMNTS

DECEMBER 4, 2017

FinTech innovators are finally paying attention to the B2B sphere, and much of that focus has landed on the cross-border payments space — a notoriously clunky, expensive and opaque burden for many business payers. Traditional banks are often at the center of that global B2B payments friction.

B2B 41

B2B Cross-Border Payments Cross-Border Correspondent Bank 41

PYMNTS

JUNE 26, 2018

At present, cross-border payments can cost 10 times more than domestic ones.”. payers can save nearly $800 million a year with enhanced global payment capabilities. “The potential returns are large,” said Carney. “At He added that the central bank estimates U.K.

Real Time Gross Settlement (RTGS) 43

Real Time Gross Settlement (RTGS) Settlement Blockchain Cross-Border Payments 43

PYMNTS

NOVEMBER 5, 2019

As Boston-based Flywire’s President and COO, Orgel will oversee its global payment network, business operations, finance, legal, compliance, and corporate strategy and development. In some ways, they care more about the payment methods on the screen and they are things they were familiar with.

Value Added Service 61

Value Added Service Payer NOV Acquirers 61

PYMNTS

MARCH 12, 2020

Payment processors expanding their operations into new industries and markets have their work cut out for them, however. These concerns are a focus for Global Payments, a worldwide payments processor that includes eCommerce payment processing brands eWay and Ezidebit in Australia and New Zealand.

Money Laundering 52

Money Laundering Risk Processors Point-of-Sale (POS) 52

PYMNTS

MAY 24, 2017

With lack of visibility into the correspondent banking system a top challenge for B2B payments, SWIFT is rolling out a way for payers to track their cross-border payments in real time. The company announced Tuesday (May 23) that its Tracker is now available to help businesses track global payments as they occur.

SWIFT 43

SWIFT Transactions Cross-Border Correspondent Bank 43

PYMNTS

APRIL 15, 2020

While the acceleration of payments can be beneficial to end users, in B2B payments, it’s not necessarily the speed of the transaction that is so valuable, but rather the control with which Harbour & Hills and corporate payers can gain when moving money to a beneficiary in China.

Correspondent Bank 76

Correspondent Bank Correspondent Cross-Border B2B 76

PYMNTS

MARCH 11, 2020

The Airwallex Borderless Card is a multi-currency card that connects businesses to both virtual and physical card solutions for global payment (Airwallex will first release the card in its virtual form, a press release noted). and Hong Kong at a later date, the company said.

Use Case 52

Use Case B2B Commercial Card Cross-Border 52

PYMNTS

OCTOBER 28, 2019

“Even as economies become more global, cross-border payments and receipts remain complex, costly, and difficult to reconcile for both payers and receivers,” said Mike Massaro, CEO of Flywire.

Cross-Border Payments 40

Cross-Border Payments Cross-Border Payer Payments 40

PYMNTS

OCTOBER 11, 2019

Flywire said at the end of last month that it has teamed with JCB International in a relationship that provides international students in Asia with options as they make cross-border tuition payments. The JCB partnership, as he told Webster, helps establish a beachhead into other verticals.

Digital Currency 49

Digital Currency Cross-Border Payer Bitcoin 49

PYMNTS

DECEMBER 12, 2019

Last month, Bill.com announced a slew of updates to its corporate payments platform designed to ease friction for both payers and payees in business-to-business (B2B) transactions. New Offerings.

B2B 52

B2B Cross-Border Payments Cross-Border Payments 52

PYMNTS

FEBRUARY 1, 2018

100 percent | Growth of international payments solution Flywire’s business in the Asia-Pacific region over the last year. Asia-Pacific is the firm’s largest market for payers who come mostly from China, India and South Korea.

Finance 40

Finance PayPal Payer Processors 40