PYMNTS

DECEMBER 5, 2019

The latest evolution of commercial card technology, however, aims to position cards as a digital tool for accounts payable teams to make supplier payments. For Boost Payment Solutions, that means integrating its Dynamic Boost capabilities, which allow a vendor to only accept card payments if they are made within agreed-upon terms.

Faster Payments 53

Faster Payments Commercial Card ACH Payments 53

PYMNTS

FEBRUARY 4, 2020

As B2B payments migrate away from the paper check in their own digitization journey, a supplier’s opportunity to access valuable transaction insight grows. Even the least sophisticated accounting systems have an ability to organize remittance data into usable information. According to Dean M.

Commercial Card 61

Commercial Card Lockbox Reconciliation ACH 61

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

OCTOBER 31, 2019

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. In a macro sense in accounts receivable, it’s this same challenge.

Lockbox 43

Lockbox Remittance Data Checks RTP 43

EBizCharge

JUNE 19, 2024

Remittance advice documents generally consist of the following; The name and contact details of the payer The remittance advice date Payment amount and currency Payment method (e.g.,

Payer 52

Payer Reconciliation Correspondent Wire Transfer 52

PYMNTS

OCTOBER 23, 2019

Meanwhile, both PNC Bank and Bank of America introduced new solutions designed to ease friction in B2B payments by embracing a range of existing rails. This service also supports a range of existing rails, including commercial card, wire and ACH. For BitPesa, developing a new blockchain payment rail is the answer to that demand.

Faster Payments 40

Faster Payments B2B RTP ACH 40