Fintech Finance

MARCH 18, 2025

Many businesses today still rely on paper checks to disburse funds. ACI Speedpay Digital Disbursements enables businesses to offer multiple payout options, including real-time payments, PayPal/Venmo, signature debit, and ACH.

Payments 52

Payments Venmo Embedded Payments Reconciliation 52

PYMNTS

DECEMBER 17, 2019

Paper checks are gradually shrinking their market share in the B2B payments landscape, yet the outdated payment tool remains in-use for up to 80 percent of businesses in the U.S., Today, there are two key methods for how a company can address the pain point of checks. The Check-To-ACH Migration. Checks are clunky.

ACH 52

ACH B2B Third-Party Service Provider ACH Processing 52

Nanonets

APRIL 18, 2023

Automated Clearing House (ACH) payments have become increasingly popular among growing businesses, for their faster processing times, lower fees, and reduced risk of fraud. However, managing ACH payments can be a challenging task for AP teams, especially when dealing with multiple vendors and payment preferences. per transaction.

ACH 52

ACH ACH Network Payments Best Practices 52

EBizCharge

FEBRUARY 24, 2025

NetSuite can seamlessly integrate numerous payment methods like Automated Clearing House or ACH transfers, credit card payments, and other digital payment methods. Electronic funds transfers (EFTs): Like ACH payments , EFTs are commonly used in NetSuite for their efficiency since they enable direct money transfers from one account to another.

Payment Gateways 52

Payment Gateways Gateways Electronic Funds Transfer (EFT) Wire Transfer 52

Nanonets

APRIL 29, 2024

  In modern finance, where transactions occur at breakneck speed and fin-data volumes swell exponentially, the traditional methods of manual reconciliation are increasingly becoming inadequate. This is where balance sheet reconciliation software steps in to ensure speed, efficiency and accuracy in financial management.  

Reconciliation 52

Reconciliation Payment APIs and Integration Audit Regulatory Compliance 52

Evolve Payment

FEBRUARY 15, 2024

Table of Contents Accelerating Accounts Receivable With B2B Payments Technology The days of cumbersome paper checks and out-of-PCI compliance snail-mail invoices are fading into the rearview mirror. Cheaper & More Efficient Than Paper Paper checks involve printing, postage, and manual reconciliation, adding to substantial expenses.

B2B 81

B2B Checks AFP FinTech 81

Nanonets

MAY 8, 2024

Introduction to Stripe Reconciliation Every digital purchase is a complex interplay of entities—Customers, Merchants, Acquirers, and Issuing Banks—that orchestrate the flow of funds.   What is Stripe Reconciliation?     How are transactions processed through Stripe?  Stripe

Reconciliation 52

Reconciliation Settlement Alternative Payment Methods Automation 52

EBizCharge

MARCH 3, 2025

Merchants can process credit cards and Automated Clearing House (ACH) payments or eChecks directly inside Acumatica to accelerate and improve their invoicing operations and overall finances. In addition to automation, reporting and reconciliation are important features in Acumatica credit card processing.

Credit Cards 52

Credit Cards Process Payment Gateways Payment APIs and Integration 52

Nanonets

JANUARY 14, 2024

Bank reconciliation is the process of matching the company’s cash ledger with the bank statements. The two ledgers generally don’t match due to factors such as bank fees, interest, outstanding checks, and deposits in transit. What Is a Bank Reconciliation Statement?

Reconciliation 52

Reconciliation Adjustments Checks Duplicate 52

Stax

MARCH 18, 2025

Payment processing systems help merchants accept various types of payments, such as credit and debit cards, automated clearing house (ACH) , electronic funds transfers (EFTs), digital wallets, mobile payments, and even cryptocurrencies. It authorizes or declines payments based on available funds and fraud checks.

Process 88

Process Payment APIs and Integration Processors Online and Mobile Banking 88

PYMNTS

DECEMBER 29, 2020

Although it occurred under dire circumstances, 2020 was the year that many organizations finally ditched the paper check in B2B payments — or, at the very least, helped to move the needle toward electronic payments. The pandemic and work-from-home requirements left organizations to act fast when it came to sending or receiving paper checks.

B2B 114

B2B Reconciliation Payments Automation 114

EBizCharge

FEBRUARY 26, 2025

Check if it handles electronic payment methods efficiently. This step checks that everything functions correctly before you go live. Check transaction flow: Verify that payments are correctly authorized, captured, and recorded in NetSuite. Compatibility is key for smooth payment workflows.

Credit Cards 52

Credit Cards Process Payment APIs and Integration Payment Gateways 52

Nanonets

JANUARY 31, 2024

Month-end reconciliation is the most important part of the month-end close process. This can be streamlined by preparing a checklist, applying best practices, and automating tasks using reconciliation software. Here is how you can do monthly reconciliation. How to do monthly account reconciliation?

Best Practices 52

Best Practices Reconciliation Adjustments Correspondent 52

Fintech Review

MAY 4, 2025

Unit A banking-as-a-service platform that offers APIs for checking accounts, cards, payments, and lending infrastructure. The best SaaS fintech software for KYC and AML helps companies automate checks, improve onboarding conversion, and stay audit-ready. Best for : SaaS platforms adding financial services for users.

Payment APIs and Integration 76

Payment APIs and Integration FinTech Multi-Currency Embedded Finance 76

PYMNTS

APRIL 30, 2020

This week’s examination of the latest in payments rails innovation finds financial service providers innovating on top of existing rails to address the friction of ACH, checks and other bank transfer infrastructure. ACH Gets A Boost In The Public Sector. Invoiced Tackles The Friction of Check.

Innovation 73

Innovation Global Payments Cross-Border ACH 73

PYMNTS

SEPTEMBER 27, 2019

26) that it has added Automated Clearing House (ACH) functionality, as well as direct billing, to the RoadSync platform. The addition of ACH payments supports users’ ability to offer their clients a recurring payment option and make payments straight from a bank account. The company said in a press release on Thursday (Sept.

ACH 51

ACH Debit Card Reconciliation Credit Cards 51

Nanonets

JULY 21, 2023

To ensure the integrity of financial data, accountants and bookkeepers rely on the general ledger account reconciliation process. This process involves comparing general ledger accounts with supporting documents using reconciliation software to identify discrepancies and take corrective measures. What is reconciliation software?

Reconciliation 52

Reconciliation Payment APIs and Integration Automation Online and Mobile Banking 52

PYMNTS

FEBRUARY 19, 2020

. “Now you’re talking about some significant process efficiencies and visibility that you don’t have in an ACH environment – and certainly not in a check environment.” For corporate recipients, the value proposition of data transmission is a clear means of promoting streamlined reconciliation. ”

Real Time Payments 114

Real Time Payments Visa Payer Payments 114

PYMNTS

FEBRUARY 4, 2020

That’s particularly true in accounts receivable (AR), with B2B suppliers not only needing money to flow in from their buyers, but high-quality transaction data for reconciliation, reporting and analytics. A Reconciliation Headache. According to Dean M. Data’s Favorite Payment Rails.

Commercial Card 61

Commercial Card Lockbox Reconciliation Push-to-Card 61

Nanonets

SEPTEMBER 8, 2023

Ach and Wire are two of the most popular ways of money transfer in the United States. First, let's delve into the mechanics of ACH and Wire transfers, followed by an exploration of their distinctions, guidance tailored for small businesses, and concluding with instructions on establishing ACH and Wire processes.

Wire Transfer 52

Wire Transfer Wire Wires ACH 52

PYMNTS

JULY 21, 2017

Receivable Savvy’s report found 87 percent of suppliers receive payment via paper check, with ACH coming in second (72 percent) and card in third (61 percent). That’s despite 59 percent of suppliers saying their top preference is ACH, and about a quarter saying they prefer to be paid via check.

Checks 47

Checks ACH Payments Same Day ACH 47

Stax

JULY 9, 2024

From a consumer’s perspective, that means any transaction that doesn’t need a physical credit card, debit card, prepaid cards, or checks. Digital payments feature a multitude of benefits including: Digital payments streamline transactions by eliminating the need for physical handling of cash or checks.

Digital Payments 163

Digital Payments Online and Mobile Banking Contactless Payments Payments 163

PYMNTS

NOVEMBER 16, 2020

It was developed to provide an alternative to the current transaction models, including checks. He's much more concerned about reconciliation of payments and assuring that people have paid so that he can put the goods [on the shelf] or provide service to the people.”. Cash And Checks . PIX has advantages over SITRAF.

Real Time Payments 131

Real Time Payments Wire Transfer Push-to-Card Credit Cards 131

PYMNTS

AUGUST 11, 2020

Moving the needle in the journey away from paper checks isn’t a one-sided battle, either. With the announcement that BPN is expanding to include support for ACH and wire transactions as well as card payments, Visa and Billtrust are casting a wider net of collaborators. But organizations can’t do it alone.

B2B 110

B2B Payments Wire Wires 110

PYMNTS

OCTOBER 22, 2020

Second, AR professionals working from home could no longer run credit cards from their desks or accept paper checks in the mail. And third, a further slowdown of the postal system added even greater friction to the paper check, leading to longer days sales outstanding (DSO). But optimization involves more than just ditching paper.

B2B 89

B2B Lockbox Remittance Data Payments 89

Tearsheet

OCTOBER 2, 2024

Morgan have recently announced a partnership aimed at facilitating the transition from checks to digital payments for major banks in the United States. Despite the availability of digital alternatives, approximately one-third of B2B transactions continue to use cash and checks. Codat and J.P.

B2B 59

B2B Checks Payment APIs and Integration Push-to-Card 59

PYMNTS

MARCH 29, 2018

Any FinTech operating in the procure-to-pay, vendor payments and accounts payable (AP) spaces can’t deny the fact that paper checks are a headache. But they also can’t deny that checks continue to make up about half of the supplier payments volume (in the U.S., Frankly, we think checks will be around for many years.

Checks 43

Checks B2B ACH Payments 43

PYMNTS

MAY 7, 2018

With Same-Day ACH now a reality in the U.S., In its analysis of the Same-Day ACH rollout, NACHA found no evidence that it led to an increase in fraud attempts or successful breaches. That doesn’t mean that fraud linked to ACH transactions is nonexistent, however. FIs are kept on their toes to mitigate this risk.

Same Day ACH 47

Same Day ACH Fraud Detection ACH NACHA 47

Stax

MAY 13, 2025

Key components of payment processing include: Merchant account – A special type of business account that temporarily holds funds from card transactions before they settle in your business checking account. Reconciliation tools – Help you match payments to your records, track sales volume, and catch discrepancies.

Credit Cards 88

Credit Cards Payment APIs and Integration Processors Process 88

PYMNTS

NOVEMBER 19, 2020

Hadlock gave a high-level view of the paper flow that can quickly grow to a scale that makes handling all the paper – not to mention the checks – a daunting task within an AP department. When we were receiving bills, having to touch each one and write a check for each one, that was just not a scalable business.”.

Automation 83

Automation ACH Push-to-Card Checks 83

PYMNTS

DECEMBER 9, 2020

And, in the digital-first world that has been wrought amid the pandemic, the B2B use cases of moving money beyond the confines of the paper check have been exploding as data and payment need to be matched up seamlessly. billion transactions across 16 card-based networks, 65 domestic ACH schemes, 7 RTP schemes and five payment gateways.

Use Case 134

Use Case B2B Cross-Border Payments Cross-Border 134

PYMNTS

NOVEMBER 3, 2020

Launched in 2011 and also headquartered in Atlanta, CPS offers a software platform that is designed to facilitate the “issuance, execution and reconciliation” of payments by “virtual card, enhanced ACH, ACH and check,” the companies noted. The centerpiece of CPS’ offerings is the firm’s proprietary AP automation software.

Push-to-Card 56

Push-to-Card ACH Reconciliation B2B 56

Nanonets

APRIL 7, 2023

Some of the common treasury management solutions used during early-stage growth include: Liquidity solutions that combine checking and money market checking accounts, money market mutual funds, and managed fixed-income portfolios. Check Positive Pay to prevent fraudulent checks from being processed in the startup's account.

Treasury Management 98

Treasury Management Treasury Due Diligence Wire Transfer 98

EBizCharge

MARCH 20, 2025

Increased payment flexibility: Businesses can accept various payment methods, including credit, debit, and Automated Clearing House (ACH) /eCheck payments. Check transaction processing: Send test payments to verify that transactions are successfully processed and recorded in Sage. and ACH/eChecks for direct bank transfers.

Payment Gateways 52

Payment Gateways Gateways Payment APIs and Integration Payments 52

PYMNTS

JANUARY 10, 2019

. “The beauty of the virtual card is that it’s the only payment modality today that solves the four biggest challenges in [the] payment process: speed, good funds, reconciliation [and] fraud risk,” explained Blair Jeffery, chief operating officer at payments processing company Noventis.

Reconciliation 61

Reconciliation B2B ACH Addressing 61

PYMNTS

JANUARY 12, 2021

trillion of business-to-business (B2B) payments are transacted in the United States each year through automated clearing house (ACH) payments, checks and wires, with nearly 50 percent of those still occurring through check. The company says that over $18.5

Treasury 73

Treasury B2B Real Time Payments RTP 73

PYMNTS

SEPTEMBER 19, 2018

As evidence, consider the fact that 32 percent of firms use checks more often than any other payment method when it comes to receiving payments. Beyond that, roughly 18 percent use regular ACH, in equal measure as their preferred payment method. So it is with business. Archaic processes? Frustration? Not exactly unanimous votes.

B2B 66

B2B Checks ACH Real Time Payments 66