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Speed Finds Opportunity In B2B Payments Beyond Accounts Payable

PYMNTS

State-chartered financial institution Bankers’ Bank , which focused on providing correspondent banking solutions to community banks, recently announced it would become a funding agent for institutions that want to offer real-time payments via The Clearing House ’s RTP service. Community Banks Go Real Time.

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Banking On Consumer-Centric Strategies To Spur Virtual Card Adoption

PYMNTS

These cards’ account numbers correspond with certain vendors, and have predetermined spending limits, enabling accounts payable (AP) professionals to better manage expenses, control cash flow and fight fraud. Virtual cards have been spreading across the B2B payment space because of their cost-saving benefits for both companies and suppliers.