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Breaking Down The Faster Payments Construct

PYMNTS

In just a matter of days, the payments industry will see a significant — and ubiquitous — change in the way payments are sent and received. Same Day ACH will create a new option for faster payments for all the banks and credit unions across the U.S.

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Why Visa Brought Earthport Into Its Orbit

PYMNTS

Earthport offers cross-border payment services to banks, money transfer service providers and other businesses through the largest independent ACH network. To that end, Visa has taken the “buy” path, and said last week that it gained control of Earthport , having bought the U.K.-based

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Innovation Eases The Friction Of Global Payment Rails

PYMNTS

With President and CEO Hikmet Ersek pointing to the importance of fast, safe global money transfer capabilities amid the pandemic, Western Union is also targeting businesses with the ability to seamlessly make cross-border payments. ACH Gets A Boost In The Public Sector. .

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Visa’s Phalen: Better Collaboration Will Push B2B Payments Into The Digital Age

PYMNTS

Corporates — who really may not be concerned with the rails and mechanics that underpin transactions — will be able to make and receive payments in the manner they want, intuitively and with flexibility. “If If you want to originate on a card network, but pay out through an ACH network, let’s do it.

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How Global Suppliers Can Turn A Company Into A Criminal

PYMNTS

Cross-border B2B payments company Tipalti has new evidence that companies are more global than ever as its new report, with research conducted by PayStream Advisors, finds that a majority of companies today are conducting cross-border payments. But there are other risks ahead for cross-border payments.

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NACHA Pinpoints B2B’s Role In Same Day ACH Adoption (So Far)

PYMNTS

On Friday (April 14), NACHA released more stats about ACH to explore how businesses are using the payment rail — same-day or not. According to the data, the number of ACH transactions in 2016 topped 25.6 And it is this versatility that makes ACH payments a valued payment type and supports the continued growth of the ACH network.

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New Payment Rails Take On Real-Time B2B Friction

PYMNTS

According to Clear Co-Founder and Executive Chairman Eran Haggiag, existing payment rails cannot handle the data burden, particularly in cross-border payment scenarios. As blockchain and newer real-time payment networks gain traction among businesses, Nacha says ACH is also seeing a boost in the B2B payments arena.

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