Remove ACH Remove Remote Deposit Capture Remove Technology
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Why The Time Is Right For Banks To Offer Integrated Receivables

PYMNTS

For receivables, Berdan noted that larger banks have done well with lockboxes as have smaller banks have with remote deposit capture (RDC). Corporates are looking for technology to help solve this growing burden of these electronic payments,” Berdan said. And banks, in turn, can handle all of their payments including ACH.

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Don’t Write Off The Paper Check Just Yet

PYMNTS

Earlier this month, the company announced a buyback program to help financial institutions (FIs) trade in their broken Remote Deposit Capture (RDC) tools for an upgrade. It’s also true that B2B payments players anticipate the paper check to eventually fall to second place, with corporates instead turning to ACH to pay suppliers.

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FinTechs Take The Initiative In Bank Collaboration

PYMNTS

Elsewhere, FinTechs are taking the initiative to work with financial institutions and offer their technologies in an effort to augment corporate services. API technology firm TrueLayer has been cleared by the U.K. Below, PYMNTS breaks down the latest in bank-FinTech partnerships. TrueLayer To Enable UK Government Payments.

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FTNI Brings AR Automation To Horicon Bank Clients

PYMNTS

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.

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VSoft Expands Business Banking Functionality For Arya Platform

PYMNTS

The solution supports ACH disbursements and wire transfers initiated from the platform, as well as fraud monitoring and business bill pay. Arya already provides features for corporates, including remote deposit capture for check deposits, employee transaction tracking and other tools.

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FPC 2023 Spring Member Meeting

Faster Payments Council

Financial institutions are witnessing technological change in digital payments, coupled with higher customer expectations for faster payments. The Clearing House has gained momentum with its RTP service. The Federal Reserve is close to launching FedNow.

FPC
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Why Community Banks Can’t Afford To ‘Wait and See’ About Faster Payment Innovations

PYMNTS

The report included several recommendations for banks, FinTechs and other financial services players — guidelines to establish an industry-driven framework for governing the system and encourage further research and investment in emerging financial technologies. Faster Payments Are Here To Stay’.