PYMNTS

NOVEMBER 5, 2018

According to the firm, B2B transactions were a key driver of ACH transaction growth in the third quarter of the year, leading NACHA Chief Operating Officer Jane Larimer to describe the ACH Network as “thriving.”. ACH may be the most popular ePayments rail option for B2B transactions in the U.S. today, but it’s not the only one.

Small Business

PYMNTS

SEPTEMBER 7, 2020

In B2B payments, the commercial card has experienced a dramatic spike in adoption this year as organizations accelerated their digital transformations and, unable to physically enter the office, began to rely on electronic payments to conduct their business. The year 2020 began inconspicuously — but in a few short weeks, everything changed.

Commercial Card

PYMNTS

NOVEMBER 16, 2020

As part of the payment process, the Transcard A2A solution allows businesses to “exchange the rich remittance data that a supplier needs for touch-free cash application, and reconcile settled transactions,” the payments automation company said. 16) press release issued by the Chattanooga, Tenn.-based based company.

Accounts

PYMNTS

OCTOBER 23, 2019

It’s the reason why paper checks remain a constant in B2B payments: Although businesses may not particularly like them, organizations already know how to send, receive and reconcile them. B2B innovators have a choice when they decide to search for a better way to move money between corporates. Work With What You’ve Got.

Faster Payments

PYMNTS

JUNE 29, 2018

B2B payments in the insurance industry suffer from many of the same challenges that other markets do: namely, check-based payments. But the market’s B2B payments practices present a tougher sell to make the switch from faster, electronic payment technologies, Peters told PYMNTS.

Faster Payments

PYMNTS

SEPTEMBER 12, 2019

The paper check continues to be a prominent — and, in many cases, dominant — payment method in B2B transactions. PYMNTS research released last October in the “ Bringing Corporate Payments Out of the Dark Ages ” webinar revealed 64 percent of B2B payments are made with checks, despite consumer payments’ acceleration toward electronic tools.

AFP

PYMNTS

DECEMBER 3, 2020

The B2B payments space has been slow to adopt digital innovations in the past, and cross-border payments are no exception. Some studies suggest that 68 percent of cross-border B2B payments were made via wire transfers as recently as 2019. . Factors Driving Cross-Border Innovation . IntegrationBoosts Speed, Transparency And Security .

Cross-Border

PYMNTS

DECEMBER 5, 2019

The creation of credit card infrastructure 60 years ago initially had the consumer in mind, but recent history has shown that investments in card technology are capturing a greater share of the B2B payments market. Tackling Supplier Misconceptions. Delivering What Was Promised. And yet, suppliers remain skeptical of card acceptance.

Faster Payments

PYMNTS

JANUARY 25, 2019

Thielens said payments is a particularly interesting area, considering how much innovation has occurred in the last decade with payers (consumer and corporate alike), demanding greater choice and variety in how they make payments.

API

EBizCharge

JULY 16, 2024

These preventative measures are critical for mitigating risks and protecting against the consequences of data theft, which can have far-reaching implications for consumers and financial institutions. These requirements can protect consumers by confirming their consent, prevent errors, and reduce the likelihood of disputed transactions.

NACHA

PYMNTS

NOVEMBER 5, 2018

5) announced the launch of the Billtrust Business Payments Network (BPN), an open buyer/supplier payments platform that Billtrust CEO Flint Lane said will do what other B2B payment platforms have struggled to do: put paper checks on the path to extinction by streamlining and digitizing payments between businesses — and doing it at scale.

B2B

PYMNTS

JULY 1, 2019

According to the new Smarter Payments Tracker , cross-border business-to-business (B2B) payments generated approximately $125 billion in revenue last year, a figure that continues to grow as the economy becomes more global. Canadian payments network Interac has experimented with blockchain for consumer payments.

Cross-Border Payments

PYMNTS

JUNE 26, 2019

For a three-month pilot that ended in May, he said, Interac worked with Alectra Utilities to offer real-time disbursements to consumers using Interac e-Transfer (Canada’s leading P2P and B2B digital money movement service).

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