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Citi Expands Reach Of AR Solution Payer ID

PYMNTS

Citi’s Treasury and Trade Solutions is bringing its accounts receivable (AR) Payer ID solution to more markets around the globe. 6) that Payer ID is now available in 44 countries, as Citi brings the B2B payments tool across North America and Western Europe.

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Analysts Press For Corporate Payers, Banks And FinTechs To Collaborate

PYMNTS

“As more banks and bank accounts must be managed and new currencies and regulations come into play, the complexity faced by corporates with their payments operations grows.”. Payments Rails. ACH is the most preferred payment rail for corporate payers, according to Strategic Treasurer and Bottomline Technologies.

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AP Innovations Begin Targeting Supplier Acceptance

PYMNTS

As payments giants like Visa and Mastercard shift the innovation spotlight onto B2B transactions, developers of new accounts payable solutions are ushering in a growing trend: designing payment tools not just for the payer, but for the B2B supplier as well. Boost Payment Solutions Expands Globally.

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A ‘Payment-Agnostic’ Approach To Accounts Payable

PYMNTS

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. For many businesses, which payment tool is best depends on many factors, from what their vendors prefer to payers’ own cash positions.

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Visa Commercial Pay Launches For Virtual Cards, Digitized B2B Payments

PYMNTS

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. Visa and Conferma Pay said Monday (Nov.

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How The Corporate Card Recharted Its Adoption Course

PYMNTS

After all, the corporate card is traditionally the payment method of choice for traveling employees, yet it had historically lacked a presence in the accounts payable (AP) department. Leavitt , founder and CEO of Boost Payment Solutions , spoke with PYMNTS in April and similarly reflected on the sudden surge in commercial card interest. “The

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Singapore’s DBS Launches QR Payment App For Small Business AR

PYMNTS

Singapore bank DBS is introducing a new solution for small businesses to embrace digital payments and better manage cash flow, according to an announcement on the FI’s website late last week. The solution is also integrated with PayNow , the payments solution created by the Monetary Authority of Singapore.