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. Winter Blues. Summer Trips: Canceled. Autumn: What’s Ahead.

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Commercial Card Push-to-Card Small Business Card Issuer 98

PYMNTS

FEBRUARY 26, 2020

More and more, B2B payment solutions are focusing less on single end-points of friction, and more on the overall picture of how money (and data) moves from one business to another. Fintainium Eyes Remittance For AR, AP. There’s nothing more valuable than remittance data.

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Accounts Innovation Remittance Data Debit Card 72

PYMNTS

SEPTEMBER 12, 2019

The paper check continues to be a prominent — and, in many cases, dominant — payment method in B2B transactions. But a new report from the Association of Financial Professionals , underwritten by JPMorgan Chase , suggests that corporate payments appear to finally be shifting away from paper checks. On Wednesday (Sept.

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PYMNTS

OCTOBER 26, 2018

With government and private sector-led initiatives pushing for faster, digital payments across the globe, corporates and financial institutions are still missing a key element of enhanced transactions: data. In corporate banking and payments, the challenges that arise can be vast.

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PYMNTS

DECEMBER 3, 2020

Making the most of this opportunity will require businesses to move beyond their lingering cross-border payments inefficiencies, as many firms continue to use antiquated ways of sending and receiving funds, resulting in payments that are labor-intensive and lack transparency. Factors Driving Cross-Border Innovation .

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PYMNTS

JULY 16, 2020

. “We consider a successful adoption rate to be at around 20 to 25 percent of overall accounts payable spend,” explained Anderson, who added that for the remaining transaction volume, organizations can — and should — embrace a mix of other digital payment tools, like physical cards and ACH. Strengthening Cash Flow.

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ACH Remittance Data Payments Strategy Checks 68

EBizCharge

JULY 16, 2024

NACHA focuses on fostering efficient payments, including same-day payment capabilities and developing compliance standards for electronic transactions that reduce fraudulent transaction risks. Through a robust risk management framework and stringent security rules, NACHA strengthens trust in the digital payment ecosystem.

NACHA 52

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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.

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PYMNTS

MAY 7, 2020

Although a recent uptick in B2B payments innovation has accelerated corporates’ migration away from the paper check, old habits die hard, and the legacy payment tool remains a mainstay in the accounts payable (AP) department. But addressing payee needs is just as critical to easing the digital migration.

Checks 67

Checks B2B Payment APIs and Integration Remote Deposit Capture 67

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). A recent example of that comes from Nevada.

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Use Case Real Time Payments Distributed Ledger Technology (DLT) Blockchain 58