PYMNTS

NOVEMBER 23, 2020

23) that they have entered a strategic partnership to launch Visa Commercial Pay, billed as a suite of B2B payment solutions for enterprises making the shift to digital transactions, and, specifically, virtual cards — and away from paper-based manual processes. The shift to digital payments has been gaining momentum.

B2B 115

B2B Payments Reconciliation Payer 115

PYMNTS

OCTOBER 11, 2017

ACI Worldwide has unleashed its real-time payment solution for financial institutions (FIs). The company noted that banks must support real-time payments capabilities and solutions if they are to remain competitive in today’s financial services market. The company announced news on Tuesday (Oct.

Real Time Payments 40

Real Time Payments Real Time Gross Settlement (RTGS) Payments Payment Gateways 40

PYMNTS

JANUARY 31, 2018

Top players in the online travel booking space are collaborating with UATP , an alternative global payment solution accepted by airlines and travel merchants, to support the use of the payment tool for corporate travelers. UATP, Universal Air Travel Plan, is a payment network owned by airlines themselves.

Contactless Payments 46

Contactless Payments Payments Global Payments B2B 46

PYMNTS

SEPTEMBER 12, 2019

The AFP’s report was released the same week a range of new electronic B2B payment tools were announced, the latest in a deluge of digital payment solutions emerging in recent years. 11), Mastercard announced a collaboration with blockchain company R3 to create a blockchain-based tool for cross-border B2B payments.

AFP 51

AFP Checks ISO 20022 Cross-Border 51

PYMNTS

MAY 24, 2017

Together, the firms announced their plans at CoinDesk’s Consensus 2017 event, adding that the payment solution will use blockchain company Chain’s Chain Core platform. Citi is already working with Chain, having launched CitiConnect for Blockchain, which aims to link Citi’s existing payments tools with blockchain infrastructure.

Blockchain 40

Blockchain Payments Treasury Payment Solutions 40

Fintech Finance

JUNE 3, 2024

Discover Global Network®, a leading global payment network, released the first portion of the 2024 Payment State of the Union (PSOU), one of the most comprehensive studies of its kind in the industry, providing global perspectives from merchants and consumers. It’s no longer cash or credit as the two options.

Consumer 52

Consumer Contactless Payments Payments Research 52

PYMNTS

MARCH 21, 2018

The bank announced news on Tuesday (March 20) that it launched a Digital Export and Import Payments solution, an addition to its existing YES TRANSACT Smart Trade suite of services to support exporters and importers in their global trade operations and payments.

Payment APIs and Integration 40

Payment APIs and Integration Automation Blockchain API 40

The Fintech Times

MAY 4, 2024

One firm that previously looked to find a way to merge the offerings was Stripe , the global payments firm, though it was unsuccessful. We reached out to the industry to find out the knock-on effect this would have on both the payments and crypto world. .” In 2024, it is giving it another shot.

Stablecoins 72

Stablecoins Cryptocurrency Bitcoin Regulations 72

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 ISO 20022 59

PYMNTS

MARCH 7, 2019

“Subsidiaries based in different countries, with different bank accounts, are obliged to send funds to each other using existing payment rails,” Lazarichev said in a recent interview, adding that traditional global payments tools take several days to complete. “In Cross-Border Payments Friction.

B2B 67

B2B Cross-Border Cross-Border Payments Correspondent Bank 67

PYMNTS

FEBRUARY 16, 2017

Offering an API means Payoneer’s global corporate payments tools can be accessed by more SMEs across the world, and according to the firm’s CEO, Scott Galit, that international vision is a critical component to this service. The tool is also a way to promote collaboration in the SME services space, Galit noted.

Cross-Border 75

Cross-Border B2B Payment APIs and Integration Cross-Border Payments 75

PYMNTS

MAY 10, 2017

Part of that examination should involve taking a look at FX hedging strategy, says Money Mover , a cross-border B2B payments company. Earlier this year the company warned companies to mitigate against FX volatility resulting from Brexit, urging firms — especially smaller ones — to strategize their global payments plays.

Cross-Border 40

Cross-Border Small Business Cross-Border Payments Global Payments 40

PYMNTS

NOVEMBER 5, 2019

With the impending launch of Spring by Citi , Citi ’s Treasury and Trade Solutions (TTS) is increasingly incorporating the consumer payments experience into its broader B2B treasury management and transaction banking offering as it moves to support its institutional clients in their own journeys to meeting customer payment demands.

Cash Management 42

Cash Management Treasury Management Digital Payments Treasury 42

PYMNTS

DECEMBER 3, 2019

The expansion of traditionally consumer-focused FinTechs widening their solution scope to include B2B payments tools exemplifies just how massive the opportunity is for service providers to tackle friction. For global businesses, national borders are less and less relevant,” SatoshiPay CEO Meinhard Benn recently told PYMNTS.

Cross-Border 53

Cross-Border B2B Cross-Border Payments Blockchain 53

PYMNTS

APRIL 4, 2018

And as this technology has become more commonplace in financial services, the old ways of payments – like waiting until a scheduled payday to receive earnings – are becoming less and less common. In their place has risen a new system of exchanging funds that have made payments faster, more efficient, more secure and, above all, smarter.

Tax Refunds 40

Tax Refunds Blocks Payment APIs and Integration Faster Payments 40

PYMNTS

APRIL 13, 2016

“We want to move away from the one-size-fits-all, quite inefficient way we make payments today, to a solution that is very tailored to the specific industry or even a specific customer,” the executive said, emphasizing that his company believes the way forward in B2B payments innovation is through customization.

Cross-Border 40

Cross-Border Payments B2B ACH 40

PYMNTS

JUNE 16, 2016

Cyberattackers were able to steal $81 million from the Bangladesh central bank by compromising the SWIFT messaging system , forcing the company — and financial services players everywhere — to take a renewed look at payments security measures. “Faster payments will require faster and more rich information streams,” they stated.

Security 43

Security SWIFT B2B Faster Payments 43

PYMNTS

SEPTEMBER 23, 2019

As businesses continue this shift, it is no longer safe to assume that corporates are not interested in faster payments. Beyond the Payment. “These findings underscore the need for firms to consider financing solutions that can reduce their vulnerability to long payment periods and defaults,” the report notes.

B2B 49

B2B ISO 20022 Payment APIs and Integration ISOs 49

PYMNTS

NOVEMBER 1, 2017

Removing Global Payment Friction. To address such challenges, DraftKings recently partnered with payment solutions provider Paysafe, to expand their payment methods in Europe through Skrill Quick Checkout. We are the game within the game,” Haas said.

Payments 40

Payments Alternative Payment Methods Money Laundering Addressing 40

PYMNTS

NOVEMBER 26, 2020

HSBC has launched its new HSBC Open Payments solution, which will enable companies to install alternatives to debit or credit for customers to pay for things, according to an emailed press release. 25 statement. The service will be launched only in the U.K. initially, the release says.

Irrevocability 91

Irrevocability Online and Mobile Banking Payments NOV 91

PYMNTS

NOVEMBER 19, 2020

Today in B2B payments: Visa collaborates to open up small business banking data, while Mastercard drives commercial card adoption across the MEA region. Plus, American Express eyes social media shoutouts for small firms, Veem launches a domestic B2B payments tool and Billtrust embraces machine learning. 18) press release.

B2B 65

B2B Visa Commercial Card NOV 65

PYMNTS

NOVEMBER 19, 2020

Today in B2B payments: Visa collaborates to open up small business banking data, while Mastercard drives commercial card adoption across the MEA region. Plus, American Express eyes social media shoutouts for small firms, Veem launches a domestic B2B payments tool and Billtrust embraces machine learning. 18) press release.

B2B 52

B2B Visa Commercial Card NOV 52