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JPMorgan Rolls Out Same-Day Deposits

PYMNTS

Internationally, JPMorgan introduced its E-Customs Payment Solution , which fully digitizes and automates cross-border payments of goods. The bank is also progressing further into the world of healthcare payments with its recent acquisition of InstaMed, which addresses payments issues for consumers, providers and payers.

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Troubleshooting Venmo Payment Declines and Issues

Payment Savvy

To resolve this issue, the account holder simply needs to ensure that there are sufficient funds in the Venmo balance (or linked bank account) before attempting the transaction again. Tech Issues Weak or unstable internet connectivity can frequently result in a declined Venmo transaction.

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JPMC Q2 Earnings Expected To Reflect Expanding Digital Innovations

PYMNTS

Internationally, JPMorgan introduced its E-Customs Payment Solution , which fully digitizes and automates cross-border payments of goods — the first foreign bank in China to do so.

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Deep Dive: Giving Healthcare Payments A Real-Time Upgrade

PYMNTS

healthcare market saw a rise in high-deductible plans following the 2010 passage of the Affordable Care Act (ACA), shifting a greater share of out-of-pocket payments, such as deductibles and co-pays, onto patients. They could also eliminate one of healthcare payments’ most common ailments: matching transactions to patient data. .

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Today In Payments: Uber To Buy Postmates; Amazon Plans To Expand Grocery Stores Across US

PYMNTS

Audit: Wirecard Payments, Issuing Businesses Have Been Bleeding Cash for Years. It Takes a Village to Build an Instant-Payments Ecosystem. The COVID-19 pandemic and the move to digital commerce it has spawned is giving fresh impetus to the idea that payments must move from payer to payee in real time.

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Accelerating Accounts Receivable Starts With The Invoice

PYMNTS

The risk of late payments has opened up conversations about how businesses can improve their collections practices and secure the cash they’re owed without damaging the buyer-supplier relationship. Aronica noted an array of strategies that businesses should deploy to encourage payers to settle invoices faster.

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Extending Payment Terms A Competitive Edge — And A Cash Flow Burden

PYMNTS

“Contractors are notorious for not being good payers. Late payment is a reality,” he added, and indeed, research shows that the U.S. has its fair share of late payment issues. But when you go over to a company selling microchips, the buyers are more sophisticated and it’s a different type of profile.