PYMNTS

MARCH 18, 2020

As Biegel explained, a lack of data standardization across payment tools remains a challenge to the reconciliation and cash application process, even when that data is electronic. Lockbox Data Headaches. The B2B arena certainly continues to see a high prevalence of paper checks in the U.S. Automating Lockbox Data – And Beyond.

Lockbox

PYMNTS

FEBRUARY 2, 2021

Apollo Bank Adopts CheckAlt Lockbox Technology. Miami-based Apollo Bank is turning to a third-party FinTech to strengthen its corporate payments and treasury management offering. and Sony Innovation Fund by IGV, as well as several existing investors, is promoting the adoption of account-to-account payment functionality.

Lockbox

PYMNTS

JANUARY 30, 2020

According to TechCrunch , the launch of Bridge Pay means Bankin’ is expanding its data integration capabilities for developers beyond banking data and into payments, enabling those developers to add payment initiation capability within their own solutions, with support for 12 French banks.

Use Case

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. “Checks will be around for a while. “It really minimizes the disruption.”

Checks