Finovate

OCTOBER 21, 2024

Mastercard launched Move Commercial Payments , a real-time cross-border payments solution that operates 24/7. The new commercial payments tool leverages a multi-rail system that includes SWIFT, Visa Direct, and Mastercard’s proprietary networks. Photo by Lea L on Unsplash

Cross-Border Payments 52

Cross-Border Payments Cross-Border Visa FedNow 52

The Fintech Times

SEPTEMBER 10, 2024

Saudi fintech startup barq has partnered with Mastercard to offer its customers enhanced payment solutions by using Mastercard’s global payment processing platform. This platform – known as Mastercard Gateway – enables businesses to securely manage transactions, prevent fraud and support recurring payments.

Visa 59

Visa Payment Security Security FinTech 59

PYMNTS

APRIL 20, 2016

Nvoicepay is launching new capabilities to ease friction in global B2B payments, the company revealed Tuesday (April 19). The enterprise payments solution firm revealed Nvoicepay AP Global, a cross-border payments solution for the accounts payable department.

Cross-Border Payments 40

Cross-Border Payments Payments Tools Cross-Border B2B 40

Fintech Finance

JANUARY 30, 2024

By securely sharing data with third-party apps and services open banking provides access to new payment tools, automated financial management, and real-time updates, that all help reduce operational time spent on tasks such as these.

Non-Bank 59

Non-Bank Payments Tools Finance Research 59

Fintech News

FEBRUARY 20, 2024

billion by 2028, highlighting the increasing reliance on digital payment solutions. OpenWay’s Way4 Digital Wallet platform has been instrumental in this growth, supporting a broad spectrum of payment and transfer types, showcasing scale of innovation, and demonstrating strong future business prospects.

Digital Currency 106

Digital Currency Money Laundering Fraud Prevention BNPL 106

PYMNTS

MAY 4, 2016

But mobile payments for fleet drivers are, so far, sparse compared to the consumer payments space. A new partnership announced on Tuesday (May 3) will look to develop a mobile payments solution for the fleet sector.

Payments Tools 40

Payments Tools Mobile Payments Payments Authorization 40

PYMNTS

JULY 10, 2020

That doesn’t mean these companies have the ability to easily adopt the same payments solutions that businesses in other industries can access. Speaking with PYMNTS, Muller highlighted the opportunity that the cannabis space has to adopt payments and other financial technologies that have leapfrogged over legacy solutions.

B2B 84

B2B Innovation Payments Non-Bank 84

PYMNTS

APRIL 5, 2018

The tax preparation industry is catching on, however, and several players — like H&R Block — are now offering instant payment solutions. For the inaugural Smarter Payments Tracker, PYMNTS’ Karen Webster recently caught up with Jim Koger, vice president of corporate operations for H&R Block.

Payments Tools 40

Payments Tools Tax Refunds Direct Deposit Blocks 40

Payment Savvy

JUNE 11, 2020

Review the penalties associated with moving payment services before the contract term expires. Experience the Freedom of a No Contract Payment Solution. Payment Savvy was founded in 2010 with a radical approach to high-risk payment services. One thing to understand is that not all payment processors are equal.

Processors 52

Processors Payment Solutions Risk Payments Tools 52

The Fintech Times

JUNE 11, 2024

“We’re seeing a continuing trend of merchants viewing payments as a driver for top- and bottom-line improvements, in addition to customer experience enhancements,” said Rajiv Gupta , vice president of international markets (EMEA) at Discover Global Network. “It’s no longer cash or credit as the two options.

Contactless Payments 59

Contactless Payments Payments Trends Use Case Payments Tools 59

Fintech Finance

MAY 7, 2024

Morgan Payments to enhance the fan retail experience at this year’s race. Morgan Payments’ comprehensive omnichannel payment solutions, SFM is expanding their retail operations both in-store and online, ensuring they can connect with their customers seamlessly, wherever they are. Morgan Payments. Through J.P.

Payments 52

Payments Authentication Online and Mobile Banking Enrollments 52

Fintech Finance

DECEMBER 14, 2023

For more than 20 years, Green Dot has expanded access to modern banking and payment tools for consumers and businesses. We’re proud to partner with REPAY to offer small businesses the functionality they need to expand financial access for their clients and customers.”

Consumer 52

Consumer Innovation Federal Reserve Credit Union 52

PYMNTS

NOVEMBER 27, 2020

Companies attempting to more transparently view their cash flows can no longer afford to spend time processing paper checks, and their use of digital payment tools has thus inched upward. Eighty-four percent indicated that they would utilize real-time payment services to power other technological innovations.

Real Time Payments 106

Real Time Payments P2P B2B Zelle 106

CB Insights

JANUARY 26, 2023

Payments More than a quarter (28%) of a16z’s fintech investments in 2022 went to the payments category. Notable investments include: SpotOn ($300M Series F): SpotOn offers a cloud-based platform that provides payment solutions for restaurants and small retailers.

FinTech 101

FinTech Blockchain Underwriting Credit Cards 101

PYMNTS

AUGUST 8, 2019

ACH is quickly gaining traction in the space as well with faster payment options and enhancements the boost the movement of data along with the movement of funds. For many businesses, which payment tool is best depends on many factors, from what their vendors prefer to payers’ own cash positions. Nixing Paper Just The Beginning.

Accounts 57

Accounts ACH B2B Payments 57

PYMNTS

NOVEMBER 2, 2020

Users of the APS Payments on Sage X3 can access daily automatic batch reporting, multi-currency capabilities, no installation, maintenance or setup fees and live support any time and any day of the week. He said having better data flows and transparency can help with strategy for corporate treasurers and chief financial officers.

B2B 74

B2B Multi-Currency Payments Reconciliation 74

PYMNTS

OCTOBER 2, 2019

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.

Commercial Card 52

Commercial Card Innovation Payer B2B 52

PYMNTS

JANUARY 22, 2020

National bank RAKBANK , headquartered in the emirate of Ras Al-Khaimah in the United Arab Emirates, has teamed up with Mastercard to introduce corporate payment solutions, Zawya reported Wednesday (Jan. This, in turn, provides decision-makers with timely and relevant insights to build efficiencies into their cash flow management.”.

Commercial Card 52

Commercial Card Visa B2G Cross-Border Payments 52

PYMNTS

NOVEMBER 22, 2020

Credit Key , which works in payments and lending, has raised $33.85 Credit Key offers businesses an alternative payment solution intended to give financing for purchases at the point of sale. million towards its buy now, pay later (BNPL) model, a report says. trillion by 2022.

BNPL 72

BNPL B2B B2C Credit Risk 72

The Fintech Times

APRIL 8, 2024

With consumers being at the heart of a lot of startups, a new partnership between Yabx , the sustainable financial inclusion fintech, and PayCliq , the business payment tool provider, is looking to accelerate merchant credit capabilities. The Middle East and Africa (MEA) has emerged as a region that is no stranger to innovation.

Financial Inclusion 69

Financial Inclusion Point-of-Sale (POS) Settlement Addressing 69

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. Leavitt , founder and CEO of Boost Payment Solutions , spoke with PYMNTS in April and similarly reflected on the sudden surge in commercial card interest.

Commercial Card 81

Commercial Card B2B Visa Issuers 81

PYMNTS

JUNE 14, 2017

In Visa news, the credit card company is hitting back at rival Mastercard with the rollout of a B2B payments program just days after Mastercard announced its own B2B payments tool. Visa offered examples of how its existing partners in the program are deploying its B2B payments tools.

B2B 44

B2B Payment APIs and Integration Cross-Border Payments Payments 44

PYMNTS

FEBRUARY 12, 2020

Accounts receivable automation and eInvoice company Biller Genie has updated its service and added support for popular payment tools as well as emerging ones, to allow for faster invoicing, according to a release. . With Apple Pay, one of the most popular mobile payment services, Biller Genie offers a one-click payment solution.

Automation 60

Automation Procedures Mitigation Payments Tools 60

PYMNTS

NOVEMBER 25, 2020

Slow payments have long frustrated businesses and consumers, forcing the former to readjust their timelines as they await funds and prompting the latter to put off purchases as they watch for transactions to finalize. Around The Real-Time Payments Space.

Payroll 104

Payroll Real Time Payments P2P Zelle 104

PYMNTS

OCTOBER 30, 2018

Citi is already working with Chain, having launched CitiConnect for Blockchain, which aims to link Citi’s existing payments tools with the blockchain infrastructure. The technology will provide greater transparency into the payments process.

Blockchain 75

Blockchain Treasury Settlement Payments Tools 75

The Fintech Times

APRIL 30, 2024

Increased competition Malte Huffmann , co-founder and co-CEO of Mondu , a B2B online payment solution provider, explains how payment processors need to adapt to combat increased competition created by embedded finance solutions. At the end of the day, we need to build the right payment methods for the right payment type.

Embedded Finance 69

Embedded Finance Finance Payment APIs and Integration Processors 69

PYMNTS

JUNE 26, 2017

With the companies stepping up their investments in new payment tools, old ways of interacting at some notable brick-and-mortar businesses are headed for big changes. For starters, the introduction of new payment solutions could mean a clean start for laundry service merchants and the end of the annoying search for quarters.

Global Payments 60

Global Payments Cross-Border Payments Alternative Payment Methods 60

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. Visa and Conferma Pay said Monday (Nov.

B2B 115

B2B Payments Reconciliation Payer 115

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

JULY 2, 2020

Leavitt , founder and CEO of Boost Payment Solutions , said commercial card programs are now coming to the forefront of AP departments’ priority lists when delaying payments is no longer the most viable, or effective, cash management option. “We’re seeing a lot more of that mentality.”

Commercial Card 104

Commercial Card Push-to-Card B2B Card Issuer 104

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

OCTOBER 11, 2017

ACI Worldwide has unleashed its real-time payment solution for financial institutions (FIs). Competition from startup companies offering real-time payments — combined with a rising number of domestic and global payment gateway connections — has led to a convergence of the retail and transaction banking world.”.

Real Time Payments 40

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

PYMNTS

MARCH 1, 2017

Developments in full-service payment solutions are changing the way companies conduct business by offering faster payment tools for both consumers and merchants. In various markets around the world, new solutions like mobile and contactless payments are starting to become more widely available.

EMV 43

EMV Compliance Online and Mobile Banking Mobile Payments 43

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

PYMNTS

SEPTEMBER 19, 2019

-based company providing businesses with recurring payment acceptance solutions, is launching in the U.S. with an eye on the B2B payments opportunity. 18) said GoCardless is launching a debit payment solution in the U.S. ACH debit is becoming an increasingly popular choice for B2B payments in the U.S.

ACH 51

ACH B2B NACHA Debit Network 51

PYMNTS

JANUARY 20, 2020

hours every day traveling to different parts of the island to collect cash and check payments,” said SG5 CEO Alvin Chua. With the new payments solution and precious man-hours saved, I hope to be able to upskill my staff so that we can work together to bring the business to new heights.

B2B 54

B2B Product Payments Facilitators 54

PYMNTS

JANUARY 17, 2020

. “We talked with more than 100 small business owners across industries, and almost none used an accounts payable automation solution,” he said. “They either stuffed envelopes with checks and licked stamps or they used their bank’s bill payment tool — which is too simple and archaic.” The result?

Faster Payments 61

Faster Payments B2B Small Business Venmo 61