Remove Payment Solutions Remove Remittance Data Remove RTP
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Transcard Unveils New Account-To-Account Payments Solution

PYMNTS

Fast-growing payments automation firm Transcard is rolling out an account-to-account (A2A) solution that it says will boost the speed and efficiency with which buyers and sellers are able to exchange money and data, while reducing risk as well. 16) press release issued by the Chattanooga, Tenn. based company.

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Moving Data With Money The Key To Faster KYC: identitii

PYMNTS

In an earlier interview with PYMNTS, Ben Peters, chief operating officer at insurance payments solutions company VPay, said a lack of remittance data may be partially to blame for ACH’s lack of ubiquity. In corporate banking and payments, the challenges that arise can be vast. ”

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How AR Can Usher The Legacy Lockbox Into The Digital Age

PYMNTS

But the tool’s ability to accept data along with a payment (i.e., the ability to not only receive a check payment, but know what invoice that check is for), is a functionality with which many electronic payment solutions today continue to struggle.

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B2B Finserv Embraces New Faster Payment Rails

PYMNTS

PNC Treasury Management recently debuted a tool that allows corporate buyers to automatically choose a faster payment solution , including real-time payment (RTP), Same Day ACH or next-day ACH, to pay their suppliers by analyzing which payment method would be quickest and most cost-effective.