Remove Payments Tools Remove Real Time Payments Remove Same Day ACH
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Inside The Factors Shaping Businesses’ Faster Payment Tool Adoptions

PYMNTS

Employers might adopt push-to-card solutions that enable them to equip staff with prepaid debit cards, onto which earnings can be quickly disbursed, for example, while other companies may send salaries directly into payment apps. These solutions are not one-size-fits-all, though, and companies must select their tools with care.

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When B2B Payments Innovation Is All Talk, No Action

PYMNTS

Last June, NACHA and the Credit Research Foundation said that at present, paper checks make up half of B2B transactions received in the accounts receivable department; ACH accounts for less than a third. Use of faster payments technologies, too, remains limited in the B2B sphere.

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Tyfone Spins Out New Entity for Instant Payments

Finovate

Payfinia aims to help financial institutions access and establish ownership of their instant payments services. Tyfone launched its IPX platform in July 2023, in conjunction with the Federal Reserve’s FedNow instant payment service. Launching Payfinia will help Tyfone further build on the instant payments experience.

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Payment Rails Present Many Paths To B2B Payments Optimization

PYMNTS

Paper checks have long been the bane of many accounts payable (AP) and accounts receivable (AR) departments, but the workflows associated with the payment method are familiar, and often even preferred. GreenBox POS Adds Same-Day ACH Support. It really minimizes the disruption.”. Fed Forms FedNow Community.

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U.S. Bank On Helping Businesses Pick Faster Payment Options

PYMNTS

Firms are also looking at options like same-day ACH and The Clearing House 's RTP network as they explore how to speed up B2B transactions. Around The Real-Time Payments Landscape. Find more about these and the rest of the Real-Time Payments headlines in the Report. About The Report.

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NEW REPORT: With Zelle, FIs Looking To Be Everyone’s P2P Bae

PYMNTS

The October edition of the PYMNTS Faster Payments Tracker™ , powered by NACHA, looks at notable developments in the global remittance market, including new real-time payment tools for SMBs, blockchain and the latest trends in faster payments infrastructures, including the recent rollout of Same Day ACH Phase 2.

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Faster Payments, Open Banking Should Keep Treasurers On High Alert

PYMNTS

.” Despite the warning, many experts have assured that faster payments do not necessarily mean faster — or an increase in — fraud, particularly as financial institutions (FIs) adopting faster and real-time payment capabilities enhance their anti-fraud efforts at the same time.