PYMNTS

OCTOBER 26, 2018

While payment rails like ACH, Faster Payments and beyond offer enhanced transmission of data, Nick Armstrong, CEO of identitii , says they still fall short of what corporates and their FIs need. In corporate banking and payments, the challenges that arise can be vast. But even as regulators like the Fed in the U.S.,

Remittance Data

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. Even the least sophisticated accounting systems have an ability to organize remittance data into usable information. According to Dean M.

Commercial Card

PYMNTS

JUNE 29, 2018

In particular, a heavy volume of both B2C payments (consumers paying premiums to insurance companies, as well as insurance companies sending claim payouts to individuals) and B2B payments (insurance companies paying service providers) pave the way to a complex mix of payment rails.

Faster Payments

PYMNTS

DECEMBER 5, 2019

The latest evolution of commercial card technology, however, aims to position cards as a digital tool for accounts payable teams to make supplier payments. That’s a huge advantage for card rails versus other options such as ACH, where there are claw-back provisions, recent fraud and some breaches.”. Delivering What Was Promised.

Faster Payments

PYMNTS

OCTOBER 23, 2019

They can either build solutions that operate on top of existing rails, or they can build new rails from the ground up. Below, PYMNTS looks at the latest solutions that take one of those two paths as innovators address friction in checks, ACH and other rails. s first new payment rail since ACH launched in 1974.

Faster Payments

PYMNTS

SEPTEMBER 12, 2019

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. 11), Mastercard announced a collaboration with blockchain company R3 to create a blockchain-based tool for cross-border B2B payments.

AFP

PYMNTS

OCTOBER 31, 2019

But the tool’s ability to accept data along with a payment (i.e., the ability to not only receive a check payment, but know what invoice that check is for), is a functionality with which many electronic payment solutions today continue to struggle. In a macro sense in accounts receivable, it’s this same challenge.

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