PYMNTS

SEPTEMBER 2, 2019

Faster payment initiatives, a focus on application programming interfaces (APIs) and data integrations and efforts to elevate traditional B2B payment tools like ACH and commercial cards all made waves this summer. When they need to move money same-day or next-day, their minds go straight to wire.”.

Commercial Card 74

Commercial Card Payment APIs and Integration Faster Payments ACH 74

PYMNTS

MARCH 17, 2017

Their collaboration , announced Thursday (March 16), will see OnPay’s payment automation services integrated into Nivo1’s AP Express accounts payable platform, enabling AP Express to act as an end-to-end platform for corporate clients to manage and pay invoices straight from the platform using OnPayConnect.

Technology 40

Technology Commercial Card Wires Wire 40

Nanonets

MARCH 25, 2024

This means you can work within whatever payment processing framework you prefer most while optimizing vendor selection or client onboarding , reducing friction, and saving time. Integrated payables help save time and reduce errors when managing legacy payment tools. How Do Integrated Payables Work? 

Wire Transfer 52

Wire Transfer Cross-Border Wires Wire 52

PYMNTS

JUNE 11, 2019

Payments is a particularly large opportunity, and, as Garrabrants explained, offers a chance for banks to improve legacy payment practices, like paper checks and wire, with technology. The bank also operates an API platform that includes the ability to integrate wire payment functionality.

Office of the Comptroller of the Currency 60

Office of the Comptroller of the Currency Small Business Payment APIs and Integration Third-Party Service Provider 60

PYMNTS

SEPTEMBER 12, 2019

It’s a stark contrast from its historical high of 81 percent in 2004, analysts noted, and suggests checks are steadily declining within corporate payments. 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.

AFP 51

AFP Checks ISO 20022 Cross-Border 51

PYMNTS

DECEMBER 27, 2016

“While the commercial card industry continues to benefit from the ongoing shift away from cash and checks and the increase in purchase volume, vast opportunities still exist for growth in cards as payables tools,” said Steve Murphy, director of Mercator’s Commercial and Enterprise Payments Advisory Service.

Commercial Card 43

Commercial Card Card Issuer B2B Issuers 43

PYMNTS

DECEMBER 5, 2019

Among the most pervasive is that wire, ACH and check acceptance are free, whereas cards, and the interchange fees associated with them, are expensive — particularly when accepting those virtual card payments does not come with a corresponding acceleration of when payments are received.

Faster Payments 53

Faster Payments Commercial Card ACH Payments 53

PYMNTS

MAY 5, 2016

Payment Optimization. Thompson also pointed to the array of payment options that corporate buyers have today as yet another reason cash flow optimization is more complex than ever. Some payment tools provide more leeway between payment submission and settlement. Others, while faster, can run the risk of fraud.

Wires 40

Wires Wire Cash Management Checks 40

PYMNTS

MARCH 13, 2020

despite a high prevalence of credit cards, corporate cards still make up only a small fraction of B2B payments volume. Yet in India, innovators appear to be banking on corporates to drive card adoption, despite consumers’ low use of the payment tool. For instance, in the U.S., The Shift From Personal To Corporate.

Commercial Card 52

Commercial Card Credit Cards Wire Transfer Non-Bank 52

PYMNTS

JANUARY 9, 2019

Faster payments, for instance, can make it more difficult to detect that fraud has occurred, BioCatch said, particularly in instances of cross-border corporate payments. “Wire transfer fraud is of particular concern for corporate treasury,” the company wrote. In the case of Same Day ACH in the U.S.,

Faster Payments 56

Faster Payments Business Email Compromise Treasury Real Time Payments 56

PYMNTS

OCTOBER 14, 2019

The rest is a combination of checks, purchase orders, ACH, wires, and often, a mix of multiple payment tools, making API integrations important for allowing users to customize their payment experience, too.

B2B 56

B2B Payment APIs and Integration API B2C 56

PYMNTS

NOVEMBER 14, 2019

“We are seeing more and more payments transition from check or wire to card,” Arnoldi told PYMNTS. On the client end, this of course means the move from ACH and wire to card payments. The Power of Data. “This is a trend that will continue into the future. ”

Laws 40

Laws API Payment APIs and Integration Legal 40

PYMNTS

DECEMBER 9, 2019

These three concepts drive CULedger’s roadmap, with the latest initiative being its CUPay solution, designed to work with existing infrastructure and streamline payments between credit unions. The CUPay solution will initially support EFTs — which include ACH transfers and wires — between credit unions.

Credit Union 54

Credit Union Cross-Border Distributed Ledger Technology (DLT) Electronic Funds Transfer (EFT) 54

PYMNTS

OCTOBER 31, 2019

In the flurry of payments innovation, it can be difficult to remember that legacy tools remain commonplace, especially in corporate payments. It’s a service designed around the ubiquity of the paper check, and with checks still a popular payment tool in B2B transactions, lockbox services remain in high-demand.

Lockbox 43

Lockbox Remittance Data Checks RTP 43

PYMNTS

MARCH 29, 2016

Funding payroll with a credit card is not always supported by various financial services players, he explained, largely due to fraud associated with the payment tool. Today, we’re far from paying for groceries in bitcoin, but that hasn’t stopped some developers and fintech players from finding real-life use cases for the tool.

Cross-Border 41

Cross-Border Payroll Cross-Border Payments Bitcoin 41

PYMNTS

MARCH 15, 2016

Outdated, Inadequate Payment Tools. Those needs are growing more sophisticated thanks to the Internet; SMEs now understand the risks of cross-border transactions better than ever and won’t settle for a payments solution that doesn’t offer protection. Take the letter of credit, for instance. And it’s pretty well-understood.”.

Cross-Border 40

Cross-Border Commercial Card B2B Payments 40

Nanonets

FEBRUARY 13, 2024

Tipalti Tipalti is an integrated automation platform that includes AP automation, cross-border payments, and more. Its expense and spend solutions help gather all standalone payment processing into a single channel, including ACH and bank transfers, credit cards, wires, checks, and even PayPal.

Payment APIs and Integration 52

Payment APIs and Integration Cross-Border Automation Cross-Border Payments 52