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From Paper Checks to FinTech: How to Streamline Your B2B Payments

Evolve Payment

An industry survey by the Association for Financial Professionals (AFP) found that check usage for business-to-business (B2B) payments declined to an all-time low of 33% in 2022. Over half of all AFP survey respondents considered speed the most important factor when choosing a payment method.

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Supplier Acceptance An Unavoidable Hurdle In vCard Adoption

PYMNTS

credit card market is massive. North America accounts for about 60 percent of the global card market, according to analysis from ResearchAndMarkets.com released earlier this year, while the American Banking Association found in April that about 70 percent of Americans have at least one credit card.

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Standard Chartered Woes Extend To Expense Account Fraud

PYMNTS

In an illustration of just how widespread payments fraud can be, consider the 2018 AFP Payments Fraud Survey , underwritten by JPMorgan, which a few weeks ago found that such activity hit a new high last year. This is not the first time Greene has been charged with misuse of funds.

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B2B’s Mission To Replicate B2C’s Point-of-Purchase Financing Success

PYMNTS

“If a business uses a corporate credit card or a traditional trade credit line, then Credit Key is an option for them,” he said. “Customers utilize PayPal Credit in the B2C environment even though they have other credit cards.

Finance 55
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Taiwan Crooks Mastermind $2M Grab-And-Go ATM Heist

PYMNTS

My understanding is this is the first time such a criminal method has been discovered here,” a member of the authorities told AFP. “ATM crimes were not uncommon, most of them using fake cards or cheating people out of their money using their debit or credit cards on ATMs,” a police officer said.

ATM 41
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Corcentric Joins The B2B Payments Game

PYMNTS

On the eve of the Same Day ACH rollout, the Association of Financial Professionals (AFP) published its 2016 Electronic Payments Survey , released every three years to examine corporate payment trends. “They went out to their supply base and said that all of these suppliers now have to accept credit card.

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Speed Finds Opportunity In B2B Payments Beyond Accounts Payable

PYMNTS

Because we are a bank [as well as a payments processor], we can deposit their credit card proceeds the same day, including weekends, at no additional cost,” explained WePay CEO Bill Clerico in an interview at the time. Community Banks Go Real Time. FinTechs Move Money To Vendors Faster.

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