PYMNTS

SEPTEMBER 14, 2018

Launched by AeroFund last year , AeroPay Express offers virtual procurement cards that link payers to a line of credit and vendor management solutions. Paper-based payment tools and options like checks can slow down processes and strain a businesses’ cash flow and bottom line.”.

NACHA 49

NACHA B2B Payments Payer 49

PYMNTS

MAY 7, 2020

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.

Checks 67

Checks B2B Payment APIs and Integration Remote Deposit Capture 67

PYMNTS

OCTOBER 19, 2016

Small business financial services firm Intuit is taking advantage of Apple’s move to roll out Apple Pay as a web offering, linking the electronic payment tool into its QuickBooks platform for B2B payments. The company announced Tuesday (Oct.

B2B 69

B2B Payments Small Business Payer 69

EBizCharge

NOVEMBER 1, 2024

A short payment is any payment that falls below the invoiced amount, meaning a customer pays less than the total amount owed. This can be due to payment disputes, incorrect billing, or deductions made by the payer. Businesses can better manage their financial stability by understanding the root causes of short payments.

Best Practices 52

Best Practices Payments Strategy Disputes Payments 52

PYMNTS

OCTOBER 29, 2020

PYMNTS research found that microbusinesses say they are more likely to partner with payers that deliver rapid payment experiences. The research also highlighted that corporate buyers may need to do more to ensure their suppliers and vendors are aware of faster payment options, with 52.7 percent of payers said they offered them.

Faster Payments 43

Faster Payments Same Day ACH Real Time Payments Payroll 43

PYMNTS

SEPTEMBER 10, 2019

Speaking with Karen Webster just ahead of the launch of Visa B2B Connect earlier this summer, Phalen noted the functionality under the hood of B2B payment tools is just as important as what lies on the surface. B2B vendors often carry the burden of B2B payments friction. Speed Takes Center Stage.

B2B 59

B2B Cross-Border Payments Payer 59

PYMNTS

DECEMBER 24, 2020

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. The card as a credit instrument is very much on a lot of people’s minds.”.

Commercial Card 81

Commercial Card B2B Visa Issuers 81

PYMNTS

MAY 24, 2016

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

B2B Security Fraud Detection Payee 41

PYMNTS

JANUARY 17, 2020

“They either stuffed envelopes with checks and licked stamps or they used their bank’s bill payment tool — which is too simple and archaic.” For many small businesses, invoice payment options are vast, but few actually fit their needs, according to Bar. ” Finding A Middle Ground. The result?

Faster Payments 61

Faster Payments B2B Small Business Venmo 61

PYMNTS

JULY 19, 2017

“Secure Bill Pay’s healthcare payment applications together with ABILITY’s existing revenue cycle management applications create a comprehensive offering,” said ABILITY Chairman and CEO Mark A. Pulido in a statement. “In

Payments 40

Payments Payer Facilitators Security 40

PYMNTS

MARCH 18, 2020

.” While COVID-19 may jumpstart some conversations about organizations’ abilities to adopt electronic payments and cloud-based financial processes, digitization is not the silver bullet to process inefficiencies, whether it’s during a pandemic or not. Lockbox Data Headaches.

Lockbox 80

Lockbox Reconciliation Checks Automation 80

PYMNTS

MARCH 27, 2020

A previous collaboration saw TrueLayer providing its Data API that allows ANNA Money users unlock financial data; now, TrueLayer is also enabling payments initiation via its Payments Initiation API. A B2B Opportunity.

Payment Initiation 60

Payment Initiation B2B Online and Mobile Banking Small Business 60

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 12, 2016

The company published its analysis on the role of virtual cards in the nonprofit sector, “The Nonprofit CFO’s Guide to Virtual Credit Cards,” last week, exploring how a sophisticated payment tool like the v-card can be particularly valuable to this breed of business. Virtual cards, the report noted, can do the same.

Commercial Card 40

Commercial Card Credit Cards Reconciliation Payments Tools 40

PYMNTS

DECEMBER 23, 2019

The government has introduced measures, including a name-and-shame approach to warning suppliers about companies that have a history of paying suppliers late, as well as restrictions on whether late payers can bid on government contracts.

B2B 52

B2B Faster Payments Payments Payer 52

PYMNTS

OCTOBER 31, 2019

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.

Lockbox 43

Lockbox Remittance Data Checks RTP 43

PYMNTS

OCTOBER 14, 2016

. “It’s a struggle, absolutely,” Gabbay said of the late payments climate in Spain and Latin America, where Aztec Exchange has just introduced its early supplier payment tool, ePayMe (known elsewhere as PayMe , which launched earlier this year). In Spain, he said, the problem is particularly bad.

Finance 62

Finance Regulations Payer Compliance 62

PYMNTS

AUGUST 20, 2018

Consumerization in the corporate payments space may be no more present than it is in the business travel arena. Payment friction in corporate travel is a particularly challenging nut to crack for technology and service providers, too. ”

Bots 40

Bots Blockchain Adjustments Push-to-Card 40

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.

Cross-Border 73

Cross-Border Cross-Border Payments Correspondent Bank Correspondent 73

PYMNTS

JUNE 15, 2018

Electronic payment technologies may be more expensive to suppliers, but for more streamlined reconciliation, that extra cost is often worth the value. “Sellers want to push some new payment tools to their buyers because it’s going to be more efficient, quicker, more secure,” he said.

B2C 40

B2C B2B Reconciliation Payment APIs and Integration 40

PYMNTS

JANUARY 15, 2018

“Same-day ACH is now a reality for payroll, bill payment, business-to-business (B2B) payments, account transfers and many other applications.”. Finexio’s Rolfson also told PYMNTS that he sees potential for faster payments tools to gain traction in the B2B arena.

B2B 55

B2B Innovation Same Day ACH NACHA 55

PYMNTS

FEBRUARY 29, 2016

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.,

Innovation 41

Innovation FinTech Faster Payments End User 41

PYMNTS

APRIL 13, 2016

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.

Cross-Border 40

Cross-Border Payments B2B ACH 40

Nanonets

FEBRUARY 13, 2024

The platform includes a self-service portal where suppliers can independently manage their information, reducing the administrative burden on payers. Best-Fit Companies for Tipalti Companies leveraging global talent will enjoy Tipalti’s streamlined cross-border payment tools.

Payment APIs and Integration 52

Payment APIs and Integration Cross-Border Automation AI 52

PYMNTS

NOVEMBER 7, 2018

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.

Electronic Funds Transfer (EFT) 63

Electronic Funds Transfer (EFT) Faster Payments Payments Payee 63

PYMNTS

JULY 21, 2020

Rather, v-cards must play a part in a collective ecosystem of a range of payment tools. Through choice, corporate buyers can still take advantage of the v-card without forcing every supplier into accepting the payment method. Boost Enables STP For Corporate Cards.

Commercial Card 70

Commercial Card B2B Payer Transactions 70

PYMNTS

MAY 20, 2020

With corporate card products offering an opportunity for businesses to manage their working capital, service providers have explored new opportunities to promote adoption of the payment tool. Some FinTechs are targeting small businesses directly with technology to ease card payment and acceptance capabilities.

Commercial Card 68

Commercial Card Card Issuer FinTech Small Business 68