Remove ACH Remove Checks Remove Remote Deposit Capture
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Why The Time Is Right For Banks To Offer Integrated Receivables

PYMNTS

For receivables, Berdan noted that larger banks have done well with lockboxes as have smaller banks have with remote deposit capture (RDC). Beyond larger institutions, smaller banks can enter the market by using newer capabilities with Remote Deposit Capture (RDC).

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Don’t Write Off The Paper Check Just Yet

PYMNTS

In the path of FinTech innovation, many expect the inevitable demise of the paper check. But the data doesn’t lie: Paper checks are alive and well, despite efforts to kill it. The latest in PYMNTS’ Kill the Check series , a collaboration with Ingo Money, highlighted the persistence of paper checks.

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FTNI Brings AR Automation To Horicon Bank Clients

PYMNTS

21) that FTNI will provide AR processing services for Horicon Bank’s corporate banking clients, which will have access to a single SaaS platform to accept payments across payment rails, including ACH, check, cards and cash. The companies revealed Tuesday (Feb.

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FPC 2023 Spring Member Meeting

Faster Payments Council

The Spring Member Meeting will bring together FPC members for two days filled with presentations on the most pressing issues in faster payments, panel discussions with industry experts, roundtables on timely topics, and engaging networking opportunities. This in-person event will take place on March 20-21, 2023, at the Loews Kansas City Hotel.

FPC 88
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VSoft Expands Business Banking Functionality For Arya Platform

PYMNTS

The solution supports ACH disbursements and wire transfers initiated from the platform, as well as fraud monitoring and business bill pay. Arya already provides features for corporates, including remote deposit capture for check deposits, employee transaction tracking and other tools.

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Suppliers Faced With New Friction As More Invoices Get Paid Electronically

PYMNTS

One of the biggest pro-check arguments in B2B payments today is that the payment rail lets corporate payers get a few extra days off to float cash. It’s the “check’s in the mail” argument that allows businesses to hold onto money just a bit longer between the time they mail the check and the time it’s cashed.

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Why Community Banks Can’t Afford To ‘Wait and See’ About Faster Payment Innovations

PYMNTS

With the platform in place, ICBA members can easily access ACH solutions, remote deposit capture and card payment transactions. Giorgio said she mailed the contractor a check that did not clear for at least a week. Giorgio shared a personal experience about hiring a contractor to add a new roof to her home.