PYMNTS

FEBRUARY 4, 2020

As B2B payments migrate away from the paper check in their own digitization journey, a supplier’s opportunity to access valuable transaction insight grows. The big question for suppliers is, ‘When I receive my payment, how can I be sure that I also receive my data in a way I can actually use to run my enterprise?’” According to Dean M.

Commercial Card 61

Commercial Card Lockbox Reconciliation Push-to-Card 61

PYMNTS

OCTOBER 29, 2020

But as Barry McCarthy , president and CEO of Deluxe , said in an interview with Karen Webster as part of the ongoing series on B2B payments, it’s going to take a while. After all, $20 trillion in paper payments is a lot to get rid of overnight. The digital payments are right now akin to “nibbles around the edges,” noted McCarthy.

Checks 78

Checks B2B Payments C2B 78

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. The Sum Of The PARTS

Commercial Card 82

Commercial Card Push-to-Card Lockbox Wire 82

PYMNTS

NOVEMBER 15, 2019

When the commercial card first came on the scene, executives thought of the payment tool in limited terms: a piece of plastic their employees could use to make one-off purchases at the office supply or hardware store, buy a coffee while on a business trip or take a client out to dinner. Leavitt recently told PYMNTS’ Karen Webster.

B2B 53

B2B Commercial Card Payments ACH 53

PYMNTS

DECEMBER 5, 2017

Direct deposits, push payments, eWallets, same-day ACH transfers, PayPal, Zelle and myriad other platforms and tools are now second nature. But, with this progress comes friction in the form of a payments patchwork. The use cases for digital payments are also evolving. Supply and Demand.

Consumer 56

Consumer Same Day ACH C2B B2C 56

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

PYMNTS

OCTOBER 25, 2019

While treasury management has always been a critical component of bank offerings, most treasury management solutions today are limited to lockbox processing. And the banks have done a good job standing up that solution to handle the check payments from those corporate customers. percent to $3.6 billion per NACHA. percent to $3.6

Lockbox 40

Lockbox Treasury Management Treasury Wire Transfer 40

Fintech Finance

NOVEMBER 14, 2024

The Bank expanded its suite of digital cash management solutions with the following new products and services in 2024: Digital Checks: Clients can now send check payments faster and more securely via email while reducing or eliminating costs associated with paper checks. to offer clients mobile virtual cards.

Online and Mobile Banking 52

Online and Mobile Banking Product Cash Management Treasury 52

PYMNTS

AUGUST 7, 2018

Formerly known as the Remittance Coalition, the Federal Reserve Bank of Minneapolis’ Business Payments Coalition is relying on corporate collaboration to promote the adoption of electronic B2B payments. The concept of a B2B payments directory isn’t new. The Federal Reserve, however, is ramping up efforts to change that.

B2B 40

B2B Federal Reserve Payee Payer 40

PYMNTS

JUNE 24, 2016

On the back end, they also want to be able to make payments using the method that is most convenient to them, whether that be paper checks, ACH transactions or even using credit cards. Billtrust’s Payment Cycle Management is one such solution. B2B Payment Trends.

Lockbox 43

Lockbox Push-to-Card Automation Process 43

PYMNTS

APRIL 1, 2016

For banks, according to an e-book by payments processing firm FTNI, receivables management is a constant juggling act across corporate customers, and their own internal daily ebb and flow of cash flow. Those attributes mean that implementation gets easier and can be adapted to suit any combination of users or payment methodologies.

Remote Deposit Capture 40

Remote Deposit Capture Lockbox Remittance Data Compliance 40

Stax

MAY 2, 2024

Direct ACH (Automated Clearing House) withholding – The lender deducts fixed amounts from your business checking account based on an estimated monthly revenue. MCA repayment amounts are more flexible since they’re based on a percentage of credit card sales instead of a fixed payment amount. The deductions eat into your revenue.

Credit Cards 88

Credit Cards Small Business Finance Accounts 88