article thumbnail

Creating the Faster Payments Tools to Combat Complexity

Faster Payments Council

It's a primary reason we partnered with Nacha's Payments Innovation Alliance (PIA) to launch the Faster Payments Playbook. The Playbook, which is an online educational platform, encourages adoption of faster payments by helping banks and credit unions develop and launch a faster payments strategy.

article thumbnail

Trucking Payments Tools That Are In It For The Long Haul

PYMNTS

It is often too risky for drivers to carry large amounts of cash, but other payment tools can be problematic as well. Deep Dive: Redesigning Corporate Payments For Gen Z And Millennial Consumers. Gig workers aren’t the only ones reshaping the economy and forcing businesses’ payments strategies to change in response.

article thumbnail

eNett Adds Currencies To X-Border B2B Payments Tool

PYMNTS

International payments strategy should be a high priority for travel companies, with many still paying more on international transactions than necessary.”. With FX options designed to lower costs, and local funding and settlement avoiding charges, small changes can result in huge savings,” he continued.

article thumbnail

Virtual-Card Adoption – Not An ‘All-Or-Nothing’ Strategy

PYMNTS

” Mixing Payments Tools. As CFOs move forward in their payments digitization strategies, migrating away from paper checks is of utmost importance, particularly in today’s touchless world. . There are several strategies finance and AP teams can take to migrate as much spend as possible to v-cards.

ACH 68
article thumbnail

Oiling The Many Moving Parts Of Cash Flow Management

PYMNTS

The problem with this strategy, however, is that when every company is looking get paid more quickly but pay their own invoices later, B2B buyers and vendors quickly find themselves in a position in which their own cash flow goals contradict each other.

Accounts 123
article thumbnail

ACI Streamlines Banks’ Path To Real-Time Payments

PYMNTS

10) that its UP Real-Time Payments Solution has officially launched in an effort to help banks and other financial institutions support real-time payment services and streamline the way in which these FIs realize their real-time payments strategies. The company announced news on Tuesday (Oct.

article thumbnail

Where Faster Payments Fits Between B2B Buyers And Suppliers

PYMNTS

Accounts payable (AP) automation technology has hit the ground running, with solutions designed to accelerate invoice processing, optimize payment strategies and promote digital adoption. For many small businesses, invoice payment options are vast, but few actually fit their needs, according to Bar. The result?