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Preserving Check Workflows Can Ease B2B Payments Digitization

PYMNTS

Although a recent uptick in B2B payments innovation has accelerated corporates’ migration away from the paper check, old habits die hard, and the legacy payment tool remains a mainstay in the accounts payable (AP) department. But addressing payee needs is just as critical to easing the digital migration.

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TSYS Bridges Security Into Virtual B2B Payments

PYMNTS

TSYS is fueling the adoption of digital payments among corporates with its latest offering, announced on Monday (May 23). TSYS announced earlier this month that it would be enhancing its payment security capabilities through a partnership with Featurespace, a behavioral analytics company.

B2B 41
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NEW REPORT: H&R Block On Offering Smarter, Faster Tax Refunds

PYMNTS

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.

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How AR Can Usher The Legacy Lockbox Into The Digital Age

PYMNTS

In the flurry of payments innovation, it can be difficult to remember that legacy tools remain commonplace, especially in corporate payments. It’s a service designed around the ubiquity of the paper check, and with checks still a popular payment tool in B2B transactions, lockbox services remain in high-demand.

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Uncovering The Value Proposition In FinTech Innovation

PYMNTS

Governments and banks have a lot to do with developing an ecosystem that supports adoption of payments technologies for both consumers and corporates, and DeLuca sees some stark differences between the U.K. markets that could be slowing down the digitization of electronic B2B payments. The adoption curve, especially in the U.S.,

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A Payment Rail Collage For Corporate Payments

PYMNTS

Between legacy tools like paper checks, contemporary solutions like ACH and potential emerging innovations like the blockchain, B2B payments are no longer stuck with their head in the sand when it comes to payments evolution. The payments technology firm first began with a focus on consumer payments.

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NEW REPORT: How Smarter Payments Build Smarter, Safer Marketplaces

PYMNTS

The rise of faster payment systems worldwide are not only enabling payments to move between parties at greatly enhanced speeds, but a growing share of companies are rethinking their traditional business models to take advantage of these more efficient payment tools.