PYMNTS

DECEMBER 9, 2020

The conversation came against a backdrop where, at a high level, B2B payments account for $120 trillion globally on an annual basis. Faster payments schemes also number more than 50 and counting. Faster payments schemes also number more than 50 and counting. B2B Use Cases Are Mushrooming.

Use Case 134

Use Case B2B Cross-Border Payments Cross-Border 134

PYMNTS

JANUARY 17, 2020

Accounts payable (AP) automation technology has hit the ground running, with solutions designed to accelerate invoice processing, optimize payment strategies and promote digital adoption. That’s not to say that small- to medium-sized business (SMB) invoice payment challenges are any easier to overcome.

Faster Payments 61

Faster Payments B2B Small Business Venmo 61

PYMNTS

DECEMBER 29, 2020

Delivering rapid payroll could help employers stand out from the pack when recruiting temporary workers, said Steve Ledford , senior vice president of products and strategy at United States payments company and banking association The Clearing House (TCH), during a PYMNTS interview.

Faster Payments 124

Faster Payments Payment APIs and Integration Real Time Payments Instant Payments 124

Payments Source

JANUARY 3, 2019

By adopting faster payments, businesses have more flexibility to make last-minute payments and emergency payrolls, or gain a larger window for early-payment discounts.

B2B 112

B2B Faster Payments Payroll Payments 112

PYMNTS

JUNE 17, 2019

The rise of faster payment systems has become a global phenomenon. In the past few years, several global markets have invested resources into developing payment systems and infrastructure that enables funds to be delivered in real-time and that operate on a 24/7 cycle.

Faster Payments 80

Faster Payments C2G Payments P2P 80

PYMNTS

FEBRUARY 19, 2019

With faster payments functionality beginning to take off in the U.S., the outlook of how accelerated transaction times might impact B2B payments and, more specifically, the issue of late payments to suppliers, remains unclear. “We see faster payments coming into the U.S. In the U.K.,

Faster Payments 75

Faster Payments Accounts Remittance Data Same Day ACH 75

Fintech News

JANUARY 26, 2025

Key benefits of embedded finance include faster payment processing, improved operational efficiency, lower costs, and higher customer satisfaction, making it an attractive proposition for financial and non-financial businesses alike. Open banking APIs has the potential bolster B2B payments in the region.

Payments Trends 126

Payments Trends Payment APIs and Integration Embedded Finance Cross-Border 126

Paystand

DECEMBER 12, 2023

However, most business accounting and finance departments still need to catch up in adopting this payment method. By eliminating paper checks, the AR process becomes more effective, leading to faster payment cycles and efficient collections. Today, a B2B transaction is no longer a back-office-only process.

B2B 98

B2B Digital Payments Payments Contactless Payments 98

PYMNTS

DECEMBER 30, 2020

The B2B payments ecosystem experienced a sudden and dramatic acceleration of change upon the onset of the global pandemic, and its impacts reach far beyond the mere digitization of the B2B transaction. The Coexistence Of Rails. Often, that means the cooperation of multiple rails at once.

B2B 119

B2B Payer Payments BNPL 119

PYMNTS

MARCH 16, 2018

American Express has reportedly filed a patent related to faster payments and blockchain technology, reports in CoinDesk said. Last November, the company joined blockchain network RippleNet to explore the use of blockchain technology for faster, more efficient B2B payments.

Faster Payments 77

Faster Payments Blockchain Payee Payer 77

PYMNTS

NOVEMBER 27, 2020

Consumers have meanwhile transitioned even more toward payment solutions that allow them to send or receive money in real time, with P2P apps like Zelle and Venmo reporting jumps in user activity during the first half of 2020. The hunt for faster payment experiences among all users is generating a spike in interest in real-time payments.

Real Time Payments 106

Real Time Payments P2P B2B Zelle 106

PYMNTS

NOVEMBER 13, 2018

A group of payment players announced Tuesday (Nov. Faster Payments Council (FPC), aimed at working toward a ubiquitous payment system that enables Americans to safely and securely pay anyone, anywhere and at any time with near-immediate funds availability. 13) that they created a new organization, dubbed U.S.

Faster Payments 76

Faster Payments FPC Federal Reserve Payments 76

PYMNTS

NOVEMBER 27, 2019

Further, one of the largest benefits to corporates of faster and real-time payments services is less about the speed and more about the data these networks are able to carry along with a transaction. What Faster Payments Hasn’t Solved … Yet. The world is moving more toward standards, and ISO is one of them,” said Halpin.

ISO 20022 117

ISO 20022 Cross-Border Payments ISOs Real Time Payments 117

PYMNTS

NOVEMBER 10, 2020

Real-time payments aren’t just an opportunity for consumers to send and receive money more quickly. Interest in faster payments is also on the rise for corporates, though their adoption of real-time payments won’t look the same as it does in the B2C world. Uncovering The B2B Use Cases.

B2B 117

B2B Real Time Payments Value Added Service ISO 20022 117

PYMNTS

MARCH 18, 2019

Take two announcements from just last week, related to the evolution of faster payments in the U.S. First, there was the Fed’s decision to slow faster payments progress via Same Day ACH because it wasn’t ready to approve another processing window during the day. The Fed’s Hat and the Faster Payments Ring.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

PYMNTS

NOVEMBER 2, 2020

To remove the frictions inherent in B2B transactions, there will be no one rail to rule them all to connect corporates as they transact. The conversation marked the capstone of a month-long series of panels and individual interviews with a range of companies as part of PYMNTS’ deep dive into the state — and future — of B2B.

B2B 119

B2B Cross-Border Digital Currency Multi-Currency 119

PYMNTS

FEBRUARY 6, 2020

“The benefits of APIs for instant payments [are] huge,” said Charlotte Hausemer, vice president of innovation and product management for trade and treasury solutions at BNP Paribas. Faster payments rails] existed before. What we do with instant payments and APIs is offer 24/7 [access to those] services.

Faster Payments 64

Faster Payments API Payment APIs and Integration B2B 64

PYMNTS

NOVEMBER 19, 2020

This week’s round-up of the latest innovations in payment rails for B2B payments shows a key focus on real-time transactions and embrace of emerging, faster payment rails. Plus, blockchain makes new inroads in the B2B arena. Transcard Embraces Track for Real-Time B2B Payments.

B2B 104

B2B Blockchain Real Time Gross Settlement (RTGS) Real Time Payments 104

PYMNTS

MARCH 31, 2020

No one payment rail can solve every point of friction in B2B payments. This week’s look at payment rail innovation explores how corporates and FinTech providers embrace variety to ease friction in card acceptance, employee payroll and invoice payments. Mixing Payment Rails Drives SMB Revenue.

B2B 77

B2B Payroll Payments Cross-Border Payments 77

PYMNTS

JANUARY 31, 2019

Accelerated payments are taking off in several markets around the world, and NACHA’s latest figures demonstrate U.S. demand for faster payment capabilities, too. the Federal Reserve’s Faster Payments Task Force published a report last April urging the nation to review the current regulatory landscape.

Faster Payments 73

Faster Payments Money Laundering Same Day ACH AML 73

PYMNTS

MAY 3, 2019

The flow of money and data across borders is developing a new ecosystem in which payments data has as much value as the funds themselves. In business-to-business (B2B) payments, application service provider Brandwise has tapped Fundbox to help provide net terms for suppliers, buying agents and retailers.

Faster Payments 73

Faster Payments Cross-Border Payments B2B 73

PYMNTS

OCTOBER 1, 2019

Fifty-four faster payment schemes — and counting. Real-time payments are on the radar for most banks, and the opportunity is there to grow top lines and cement customer relationships. that faster payments are here to stay, and that banks need to get ready, fully, for real time. The Merchant Is Critical .

ISO 20022 69

ISO 20022 Faster Payments FedNow ISOs 69

Finextra

NOVEMBER 27, 2024

Join FinextraTV as Romain Mialane, Direct to Corporate Lead, Visa, and Ritesh Jain, Business Head - UK and Europe Commercial Cards, Citi, explore Visa's recently commissioned market research on B2B procurement in Europe and the challenges and opportunities for innovation in this broader context of treasury.

B2B 69

B2B Innovation Commercial Card Treasury 69

PYMNTS

FEBRUARY 4, 2019

This rapid expansion is fueling predictions that the global real-time payments market will rise from a value of $6.8 Numerous payments schemes have rolled out since the U.K. launched its own Faster Payments Service in 2008. bank account would be able to securely receive real-time payments by 2020. . Faster Rails.

Faster Payments 73

Faster Payments Federal Reserve Real Time Payments TCH 73

Fintech Finance

JANUARY 16, 2025

Guavapay’s flagship products, MyGuava (B2C) and MyGuava Business (B2B) payment apps offer users to open accounts in over 20 currencies, including GBP, USD, and EUR. With these accounts, users can send local and international real-time payments at competitive fees.

Innovation 98

Innovation Technology Multi-Currency Payment APIs and Integration 98

PYMNTS

FEBRUARY 11, 2020

The latest data from Nacha found a new record-high growth rate for adoption of ACH payments , with B2B payments showcasing a surge in adoption of the legacy payment rail that has recently turned to technologies that can augment the service, from the movement of transaction data with an ACH payment to the deployment of Same Day ACH.

B2B 89

B2B Same Day ACH NACHA ACH 89

PYMNTS

JULY 5, 2020

Bank of New York (BNY) Mellon has announced a new partnership with risk and payments solution provider Early Warning Services , aiming to boost digital B2B payments services for clients.

Faster Payments 96

Faster Payments Payment APIs and Integration Wire Transfer Real Time Payments 96

Fintech Finance

JANUARY 20, 2025

Waza , a B2B payment provider for emerging market businesses, has announced the launch of Lync, its new multi-currency account platform that combines market-leading foreign exchange (FX) liquidity solutions with a cutting-edge banking experience to power a new age of global trade for emerging market businesses incorporated in the US, UK or EU.

Multi-Currency 97

Multi-Currency Global Payments Cross-Border Payments Cross-Border 97

PYMNTS

OCTOBER 8, 2018

B2B payments innovators and Warren Buffet have something in common: They are both obsessed with rails. Making B2B Payments Rails Hot. Today, a host of innovators are making B2B payments rails sexy again too. Warren Buffet made rails sexy again when he bought a railroad in 2009. s footsteps. Here in the U.S.,

B2B 76

B2B Same Day ACH Payments ACH 76

PYMNTS

OCTOBER 1, 2020

Large B2B wholesalers, distributors, cultivators delivery platforms are all transacting in large amounts of cash.”. He noted that AeroPay has partnered with Safe Harbor Private Banking , a division of its partner Colorado Credit Union , to provide a digital bank-to-bank payment option for larger cannabis firms.

B2B 108

B2B Underserved Wire Transfer Payments 108

Evolve Payment

FEBRUARY 15, 2024

Table of Contents Accelerating Accounts Receivable With B2B Payments Technology The days of cumbersome paper checks and out-of-PCI compliance snail-mail invoices are fading into the rearview mirror. Over half of all AFP survey respondents considered speed the most important factor when choosing a payment method. A study by U.S.

B2B 81

B2B Checks AFP FinTech 81

PYMNTS

OCTOBER 19, 2020

Mastercard has added new B2B payment features in the Asia Pacific, intending to bolster its services for businesses looking for diverse payments methods, a press release says. The new payment facility will help to boost cash flow management and automate payments.

B2B 75

B2B Visa Accounts Cross-Border 75

Stax

MARCH 14, 2024

During the 2020s, almost all businesses will have been looking at b2b payments processing solutions to meet changing consumer needs. Online and contactless adoption multiplied, and digital payments rose. consumers using two or more types of digital payment methods increased by 8%. Learn More What are B2B Payments?

B2B 88

B2B Process B2C Credit Cards 88

PYMNTS

DECEMBER 2, 2019

The traditional three-day Bacs will no doubt change over the coming years, with same-day payments becoming the norm, I hope.” based payroll providers, as the legislation for each country will be different, but it will be something we have to learn and adapt to.”

Payroll 74

Payroll Faster Payments Innovation Cross-Border 74

Trade Credit & Liquidity Management

MAY 29, 2025

Automation and artificial intelligence (AI) are transforming accounts receivable (AR) and B2B trade credit management by replacing manual, error-prone processes with intelligent, AI-driven tools. Credit decision-making, collections, cash application, deductions, and communications are greatly enhanced by AI-powered AR automation.

Automation 52

Automation AI Embedded Finance Payment Reconciliation 52

PYMNTS

DECEMBER 28, 2020

And as FinTechs continue to challenge banks, but also offer new opportunities within the B2B space, they’re advancing a corollary to the build vs. buy question: How about partnerships? Within the payments functionality, he said there’s been a sustained and significant move toward more card payments.

B2B 86

B2B Payments Push-to-Card Treasury 86

PYMNTS

DECEMBER 30, 2020

As Nick Reid , director of B2B Partner Development at Conferma Pay , told PYMNTS, though not new, STP — which routes card payments and data automatically to suppliers and sidesteps manual processes — is increasingly being combined with virtual cards in a bid to level the playing field in B2B payments.

B2B 105

B2B Process Point-of-Sale (POS) Commercial Card 105