PYMNTS

NOVEMBER 27, 2020

Companies attempting to more transparently view their cash flows can no longer afford to spend time processing paper checks, and their use of digital payment tools has thus inched upward. The hunt for faster payment experiences among all users is generating a spike in interest in real-time payments.

Real Time Payments 106

Real Time Payments P2P B2B Zelle 106

PYMNTS

DECEMBER 5, 2019

Among the most pervasive is that wire, ACH and check acceptance are free, whereas cards, and the interchange fees associated with them, are expensive — particularly when accepting those virtual card payments does not come with a corresponding acceleration of when payments are received. Delivering What Was Promised.

Faster Payments 53

Faster Payments Commercial Card ACH Payments 53

PYMNTS

OCTOBER 29, 2020

Firms are also looking at options like same-day ACH and The Clearing House 's RTP network as they explore how to speed up B2B transactions. The research also highlighted that corporate buyers may need to do more to ensure their suppliers and vendors are aware of faster payment options, with 52.7 Find the Deep Dive in the Report.

Faster Payments 43

Faster Payments Same Day ACH Real Time Payments Payroll 43

PYMNTS

JANUARY 21, 2021

Security is top-of-mind for many firms in the United States and appears to be affecting executives’ choices when determining which payment tools to use. financial executives say concerns regarding cybersecurity attacks and payments fraud are holding their organizations back from using digital payments to a greater degree.

Real Time Payments 92

Real Time Payments RTP P2P Faster Payments 92

PYMNTS

SEPTEMBER 4, 2018

With companies paying suppliers on strategic schedules, real-time transactions aren’t always necessary — or beneficial — for the B2B payments space. Yet there is some adoption of faster payment technologies among corporates. In the U.S., It’s not huge, but it’s not dismissible, either.

Faster Payments 44

Faster Payments Treasury Real Time Payments Liquidity Management 44

PYMNTS

JUNE 27, 2019

New faster payment initiatives are popping up around the world, from Saudi Arabia to Brazil to Australia. According to the latest PYMNTS Faster Payments Tracker , Same Day ACH volume has seen a 24 percent increase year over year between the first quarter of 2018 and the first quarter of 2019. In the U.S.,

Faster Payments 40

Faster Payments Risk Real Time Payments Fraud Detection 40

PYMNTS

JULY 3, 2018

The need for faster payments is transcending borders, with FIs in several major global regions making efforts to expand local access to speedier payments. These innovations not only promise to improve payment speed, but to also accelerate financial access and empowerment in different markets. . s payment systems.

Faster Payments 40

Faster Payments Cross-Border Zelle Payments 40

PYMNTS

JULY 9, 2020

With its newest offering designed for legal cannabis businesses , AeroPay ‘s B2C and B2B payment tools aim to help companies in this market migrate away from manual and paper-based payment methods. Oxbury Loops Into Faster Payments. Oxbury Bank , which secured its full banking license in the U.K.

ISO 20022 77

ISO 20022 Blockchain Cross-Border Cross-Border Payments 77

PYMNTS

AUGUST 8, 2019

The competition is heating up between payment technologies in accounts payable, with ACH and virtual cards seeing significant pushes in the B2B payments space to combat the dreaded paper check. For many businesses, which payment tool is best depends on many factors, from what their vendors prefer to payers’ own cash positions.

Accounts 57

Accounts ACH B2B Payments 57

PYMNTS

NOVEMBER 2, 2020

There’s a time and a place for all rails, and in an age where faster payment schemes are multiplying across the globe, it may seem that the payments ecosystem is simply on a never-ending treadmill of adding rails and never taking them away. If you want to originate an ACH and pay directly to an account, we can do that as well.

B2B 119

B2B Cross-Border Digital Currency Multi-Currency 119

PYMNTS

JANUARY 12, 2021

Adopting emerging instant payment tools that provide speed beyond simple digital methods, such as ACH disbursements, could attract customers who are frustrated with what they perceive to be the lending status quo. Instant Payments and the Millennial Push.

Instant Payments 95

Instant Payments Non-Bank Payments SWIFT 95

PYMNTS

OCTOBER 4, 2017

The October edition of the PYMNTS Faster Payments Tracker™ , powered by NACHA, looks at notable developments in the global remittance market, including new real-time payment tools for SMBs, blockchain and the latest trends in faster payments infrastructures, including the recent rollout of Same Day ACH Phase 2.

Zelle 40

Zelle P2P Same Day ACH NACHA 40

EBizCharge

MARCH 27, 2025

Your payment processor will provide the necessary payment portal software to authorize and transfer funds from customers accounts to your businesss account. Payment portals are often integrated with accounting or ERP systems to ensure transactions are recorded accurately and synced directly into this software.

Payments 52

Payments PCI DSS Processors Automation 52

EBizCharge

MAY 22, 2025

Providing various options, such as credit and debit cards, Automated Clearing House (ACH) /eChecks, digital wallets, and more, can encourage timely payments. With these challenges in mind, merchants can implement strategic improvements and reliable payment tools to avoid discrepancies.

Process 52

Process Best Practices Reconciliation Automation 52

PYMNTS

JUNE 12, 2017

Their 2017 survey contains data points that all point to one conclusion: Companies are forced to reshape their payment strategies thanks to a combination of factors, including the rising threat of payments fraud, increased globalization and high payment volumes. But how businesses reshape their payment practices varies.

Payer 60

Payer ACH FinTech Push-to-Card 60

PYMNTS

JANUARY 15, 2018

Last June, NACHA and the Credit Research Foundation said that at present, paper checks make up half of B2B transactions received in the accounts receivable department; ACH accounts for less than a third. Use of faster payments technologies, too, remains limited in the B2B sphere.

B2B 55

B2B Same Day ACH Innovation NACHA 55

PYMNTS

NOVEMBER 3, 2016

Bank Senior Vice President of Corporate Payments Robert Kaufman, is that there are so many versions of these accounting platforms and so many ways to customize them that ensuring B2B payments tools integrate properly isn’t a sure bet. ” U.S.

Payments Data 73

Payments Data Payments Commercial Card Reconciliation 73

Stax

MAY 23, 2025

The Basics of Integrated Payments At the core, integrated payments connect your software to a payment processor through APIs. These APIs enable your users to accept credit cards, debit cards, ACH, and other payment options without ever leaving your platform.

ISVS 88

ISVS Best Practices Payment APIs and Integration Enrollments 88

PYMNTS

AUGUST 10, 2016

Payments tech firm NetCents revealed a new partnership with The Vanbex Group , owners of blockchain payments tool Genisys, to help banks in Canada implement the distributed ledger technology. It’s already happening, said Clayton Moore, CEO and cofounder of NetCents, especially when it comes to ACH payments.

ACH 49

ACH Cross-Border Payments Blockchain Cross-Border 49

PYMNTS

DECEMBER 23, 2019

It’s up to technology providers like Levelset to remove those barriers to the faster payment capabilities that these businesses in the construction sector want, he said. It’s less important to define and dictate a certain electronic payment tool, like ACH or commercial cards, to enable faster payments, Wolfe said.

B2B 52

B2B Faster Payments Payments Payer 52

PYMNTS

APRIL 20, 2018

SwapsTech has completed the development of its faster payments solution to help financial institutions link into real-time payment capabilities. The company announced news on Thursday (April 19) that its Payment Galaxy tool is one step closer to being available for banks.

Real Time Payments 40

Real Time Payments TCH RTP FedWire 40

PYMNTS

DECEMBER 22, 2020

For instance, AI-powered processing tools can allow an accounts payable department to process vendor invoices more quickly and accurately, enabling faster payment. Commercial cards are valuable payment tools to corporate buyers and their accounts payable departments.

Commercial Card 79

Commercial Card B2B Legal Accounts 79

PYMNTS

SEPTEMBER 23, 2019

Checks undeniably still play a role in corporate payments: PYMNTS and Mastercard found in their joint The B2B Payments Tipping Point report that checks remain the most common payment method both for making and receiving B2B payments, and surprisingly, satisfaction with checks is relatively high among surveyed corporates.

B2B 49

B2B ISO 20022 Payment APIs and Integration ISOs 49

PYMNTS

DECEMBER 27, 2016

“While the commercial card industry continues to benefit from the ongoing shift away from cash and checks and the increase in purchase volume, vast opportunities still exist for growth in cards as payables tools,” said Steve Murphy, director of Mercator’s Commercial and Enterprise Payments Advisory Service.

Commercial Card 43

Commercial Card Card Issuer B2B Issuers 43

PYMNTS

JUNE 15, 2018

According to Bourbier, B2B eCommerce platforms and their sellers want to be able to combine traditional and more nuanced payment technologies to meet a global buyer base. “When you’re a B2B seller, you want to combine the traditional way of being paid — which is ACH for the U.S., “But these are complex to reconcile.

B2C 40

B2C B2B Reconciliation Payment APIs and Integration 40

PYMNTS

JUNE 11, 2019

In the case of Axos Bank, for instance, the FI addresses small business banking pain points by lowering the cost of using these traditional payment tools. The bank also operates an API platform that includes the ability to integrate wire payment functionality.

Office of the Comptroller of the Currency 60

Office of the Comptroller of the Currency Small Business Payment APIs and Integration Third-Party Service Provider 60

PYMNTS

OCTOBER 19, 2018

Traff noted that payments are also a key component to enhancing the shipping and logistics space, particularly as paper checks remain a common payment tool for industry players, and particularly as businesses struggle with manual data entry and complex reconciliation processes as their companies, and their freight spend, grow.

Innovation 68

Innovation Blockchain Reconciliation ACH 68

PYMNTS

OCTOBER 31, 2019

In the flurry of payments innovation, it can be difficult to remember that legacy tools remain commonplace, especially in corporate payments. It’s a service designed around the ubiquity of the paper check, and with checks still a popular payment tool in B2B transactions, lockbox services remain in high-demand.

Lockbox 43

Lockbox Remittance Data Checks RTP 43

PYMNTS

APRIL 15, 2016

When the results were published, ACI Worldwide Director of Solution Consulting and Immediate Payments Barry Kislingbury said the findings represent a “great opportunity for banks working with these businesses to demonstrate the value of their real-time payments offering.”. And, in fact, there is an increasing number of SMEs in the U.K.

Faster Payments 40

Faster Payments Payments Checks Small Business 40

PYMNTS

AUGUST 2, 2016

Technology means businesses can yield the power of Big Data, telematics and other innovations to ease the burden of logistics friction; electronic payments tools have followed suit. Frederick noted that payments — from broker to carrier, at least — are typically made via ACH or paper check.

Payments 40

Payments Faster Payments On-Demand ACH 40

PYMNTS

DECEMBER 9, 2019

These three concepts drive CULedger’s roadmap, with the latest initiative being its CUPay solution, designed to work with existing infrastructure and streamline payments between credit unions. The CUPay solution will initially support EFTs — which include ACH transfers and wires — between credit unions.

Credit Union 54

Credit Union Cross-Border Distributed Ledger Technology (DLT) Electronic Funds Transfer (EFT) 54

Stax

MARCH 19, 2024

Your embedded payment processing tool must support online invoicing and all the payment types used by customers. Real estate Integrated payments let property managers process rent and management fees for multiple properties. HindSite offers the FieldCentral Payments tool as its customer-facing all-in-one payment solution.

Payment APIs and Integration 88

Payment APIs and Integration Payments Embedded Payments Online and Mobile Banking 88

PYMNTS

JANUARY 23, 2020

State agencies handle disbursements for property refunds, public programs, taxes and more, and many are still clinging to paper checks as part of their processes, even as they adopt ACH or direct debit payments. We promote ACH payment processes to the payees. What deters faster disbursements .

Checks 52

Checks Governance Government Tax Refunds 52