PYMNTS

OCTOBER 22, 2020

The industry thinks, if we can just get this payment on ACH or card, the problem goes away," reflected Lane. With ACH , the biggest challenge often comes in the form of remittance data being emailed separately from the movement of funds. But optimization involves more than just ditching paper.

B2B 89

B2B Lockbox Remittance Data Payments 89

PYMNTS

DECEMBER 24, 2020

These newfound challenges — as well as dental practices’ demands to be paid more swiftly by insurance firms as the global health crisis stresses their incomes — could increase the demand for digital payments and AR methods. Without a solid [ERA] to match to EFT/ACH payments, many of the benefits are significantly diminished,” he said.

B2B 102

B2B Electronic Funds Transfer (EFT) Payments Payer 102

PYMNTS

OCTOBER 26, 2018

With government and private sector-led initiatives pushing for faster, digital payments across the globe, corporates and financial institutions are still missing a key element of enhanced transactions: data. In corporate banking and payments, the challenges that arise can be vast.

Remittance Data 60

Remittance Data ACH Request for Information RTP 60

EBizCharge

JULY 16, 2024

The National Automated Clearing House Association (NACHA) governs the operation of the Automated Clearing House (ACH) network , a centralized system financial institutions use to facilitate electronic payments and transactions across the U.S. Data security NACHA imposes stringent requirements to protect sensitive financial data.

NACHA 52

NACHA Nacha Rules ACH Network ACH 52

PYMNTS

JULY 16, 2020

. “We consider a successful adoption rate to be at around 20 to 25 percent of overall accounts payable spend,” explained Anderson, who added that for the remaining transaction volume, organizations can — and should — embrace a mix of other digital payment tools, like physical cards and ACH. Strengthening Cash Flow.

ACH 68

ACH Remittance Data Payments Strategy Checks 68

PYMNTS

SEPTEMBER 7, 2020

Mastercard in May launched its Track Business Payment Service , again with a focus on working capital optimization for both buyers and suppliers and added value through enhanced remittance data collection and automation. Summer Trips: Canceled.

Commercial Card 98

Commercial Card Push-to-Card Small Business Card Issuer 98

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