PYMNTS

JANUARY 15, 2018

APIs that facilitate data sharing across platforms will be instrumental in addressing some of the key pain points of this global market. 6 percent: the portion of same-day ACH volume that constituted B2B payments during the first 11 days of NACHA’s launch of the service.

API

PYMNTS

MARCH 18, 2019

Steve Jobs, in his very famous 2005 Stanford commencement address , said connecting the dots was only possible with hindsight, by looking in the rearview window at the series of things that had happened over the course of one’s life to explain the actions of the here and now. Then came PayPal’s debut of Instant Transfer to Bank.

Faster Payments

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. . “We see really high adoption of virtual cards.”

Faster Payments

PYMNTS

JANUARY 15, 2018

Separate data from NACHA found that of the 2 million same-day ACH transactions completed in the first 11 days of the service, just 6 percent were B2B payments; the rest were made up of B2C and P2P transactions. Further, in NACHA’s most recent update on same-day ACH volume – which found $87.1

B2B

PYMNTS

JUNE 18, 2019

to fully embrace real-time payments for both B2B and B2C activity.”. The rollout of Same Day ACH several years ago served to kick-start the process.”. Banks that roll out the same type of functionality to their corporate clients will have a clear competitive advantage in the corporate realm. “

RTP

PYMNTS

MAY 4, 2018

. “At the same time, they want flexibility, controls and the ability to make payments in multiple currencies.” The challenge here, though, is that players address one particular focus of corporate payments, rarely able to target all demands at once. ” Payment companies today are tackling many of these issues.

Same Day ACH

PYMNTS

SEPTEMBER 4, 2018

NACHA found B2B payments made up 6 percent of the nearly 2 million same-day ACH transactions that occurred in the first 11 days the service went live. With companies paying suppliers on strategic schedules, real-time transactions aren’t always necessary — or beneficial — for the B2B payments space. In the U.S.,

Faster Payments