Remove B2B Remove Payee Remove Remittance Data
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Why Faster B2B Payments Is A Marathon, Not A Sprint

PYMNTS

TransCard CEO Greg Bloh knows that paper checks are a sticky challenge in B2B payments. It presents major opportunities in the B2B payments space, the executive of the corporate payments company added. Whether it’s an employee or a supplier, payees each have different needs that corporates must keep in mind, Bloh said.

B2B
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Ticking Off The Boxes On The Fed’s Checklist Of B2B Payments Priorities

PYMNTS

Formerly known as the Remittance Coalition, the Federal Reserve Bank of Minneapolis’ Business Payments Coalition is relying on corporate collaboration to promote the adoption of electronic B2B payments. The concept of a B2B payments directory isn’t new. However, in its “ Strategies for Improving the U.S.

B2B
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How AR Can Usher The Legacy Lockbox Into The Digital Age

PYMNTS

It’s a service designed around the ubiquity of the paper check, and with checks still a popular payment tool in B2B transactions, lockbox services remain in high-demand. Although the traditional lockbox can support access to this information, the fact that B2B payments are digitizing cannot be ignored. Take the lockbox, for example.

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Preserving Check Workflows Can Ease B2B Payments Digitization

PYMNTS

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.