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. The industry thinks, if we can just get this payment on ACH or card, the problem goes away," reflected Lane. But optimization involves more than just ditching paper. And that's just not true.".

B2B 89

B2B Lockbox Remittance Data Payments 89

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

OCTOBER 23, 2020

Leavitt , founder and CEO of Boost Payment Systems , told PYMNTS in a recent Masterclass that businesses large and small that have traditionally relied on the manual processes associated with writing checks or wiring funds to pay their suppliers are increasingly using commercial credit cards for payment instead.

Commercial Card 82

Commercial Card Push-to-Card Lockbox Wire 82

PYMNTS

JULY 5, 2019

Companies in the business-to-consumer (B2C) space have historically relied on lockbox processing through a bank – or a series of banks, depending on their size. If they are using the bank lockbox, some of the information coming through that channel might not arrive until late in the day or the next day.

B2C 46

B2C Lockbox ACH IRS 46

PYMNTS

DECEMBER 27, 2018

For receivables, Berdan noted that larger banks have done well with lockboxes as have smaller banks have with remote deposit capture (RDC). That is, corporates receive wires and credit card payments, and they are seeking to automate them with integrated receivables solutions.

Remote Deposit Capture 63

Remote Deposit Capture RDC Lockbox ACH 63

PYMNTS

FEBRUARY 22, 2017

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.

Remote Deposit Capture 40

Remote Deposit Capture Online and Mobile Banking Automation Lockbox 40

Stax

MAY 2, 2024

you’ll pay a total of $112,500 You then repay the MCA from your future credit card sales. Direct ACH (Automated Clearing House) withholding – The lender deducts fixed amounts from your business checking account based on an estimated monthly revenue. MCA rules are slightly different from traditional small business loans.

Credit Cards 88

Credit Cards Small Business Finance Accounts 88