PYMNTS

OCTOBER 31, 2019

Billing and payments are processes that touch the financial lives of every consumer and business. With FinTech innovation yielding more choices than ever for both billers and payers, cost often emerges as the key driver behind what solutions users adopt — both in the business-to-consumer (B2C) and business-to-business (B2B) context.

B2B 41

B2B Transactions Payer B2C 41

PYMNTS

JANUARY 17, 2020

” On the other hand, he said, consumer-facing payment tools like Venmo are too simple for small businesses to deploy in their supplier payment operations. Businesses that embrace Venmo in their personal lives, as well as high-tech B2C payment solutions like Square, end up in the back office mailing paper checks. The result?

Faster Payments 61

Faster Payments B2B Small Business Venmo 61

PYMNTS

OCTOBER 26, 2018

It was a good week for wearables and their future, as the devices continued to show indications of strong promise on the B2C and B2B fronts. On the B2C front, it looks like customer enthusiasm for wearable devices is both growing and expanding. For the sizzle of the week, wearables wins with solid B2C and B2B scores.

Office of the Comptroller of the Currency 53

Office of the Comptroller of the Currency B2C Online and Mobile Banking P2P 53

PYMNTS

JUNE 2, 2020

Many consumers have since lost their jobs, and healthcare providers have seen declining incomes as elective procedures, which are normally revenue drivers, have been delayed or canceled to prevent the virus’s spread. They can also threaten healthcare providers’ bottom lines and consumers’ financial securities.

Real Time Payments 52

Real Time Payments Debit Card B2C Checks 52

PYMNTS

MAY 6, 2019

In a P2P situation, a Venmo user can send money to a friend’s account, while a B2C transaction might involve a restaurant pushing payments to disburse wages to waitstaff, placing the funds directly onto employees’ prepaid debit cards or into their bank accounts. B2C push payments can deliver quick funds to consumers.

Push-to-Card 44

Push-to-Card Risk Debit Card B2C 44

PYMNTS

JUNE 29, 2018

In particular, a heavy volume of both B2C payments (consumers paying premiums to insurance companies, as well as insurance companies sending claim payouts to individuals) and B2B payments (insurance companies paying service providers) pave the way to a complex mix of payment rails. .” ”

Faster Payments 40

Faster Payments Same Day ACH ACH Remittance Data 40

FICO

JUNE 30, 2023

What the FICO Score is not designed to do is provide a specific, fixed estimate of credit risk; we know from tracking the scores over three-plus decades that the relationship between the FICO Score and consumers’ likelihood of loan repayment can and does shift over time and across economic and financial cycles. Ethan has a B.S.

Underwriting 52

Underwriting Credit Risk Mitigation Risk 52

Fintech Labs Insights

MAY 13, 2015

It’s a mechanism that allows another person/entity (Payer) to pay for Goods and Services purchased by someone else (Buyer). The name was coined as BuddyPay, as it involves two persons, Buyer and Payer (father/son, two friends, etc.) The payment is done on the Online site (Seller) in real time. HQ: Pune, MH, India.

Technology 25

Technology Payer B2C Payments 25

PYMNTS

APRIL 7, 2016

Saxo pointed to low expectations in the international payments space as the culprit behind these numbers — among payers and among the payment service providers using legacy infrastructure. If the cross-border payments ecosystem is to improve, card issuers, banks, FinServ players and payers all have to explore how to do business better.

Cross-Border Payments 40

Cross-Border Payments Cross-Border Card Issuer Issuers 40

PYMNTS

FEBRUARY 7, 2020

” That’s not only a focus reserved for corporates’ B2c relationships, though. Furthermore, accounts receivable is more frequently viewed as part of the overall payer experience, which can support corporates’ shift toward making and accepting electronic B2B payments.

Automation 57

Automation Finance Accounts Payer 57

PYMNTS

OCTOBER 29, 2019

They may be the incumbents, but they’re also operating, in many cases, with legacy infrastructure that isn’t capable of supporting the kind of speed, transparency, visibility and efficiency now demanded by corporate payers and other players in the B2B payments ecosystem. Forging a Different Path.

B2B 40

B2B Innovation Payments B2C 40

PYMNTS

MARCH 7, 2016

For consumers, being able to pay a bill at the same time and place a service was received is certainly a convenience. According to Urry, the tool does not discriminate between customer type, whether it’s a consumer, business or government agency ultimately making the payment.

B2G 40

B2G Payments PayPal B2B 40

PYMNTS

MAY 2, 2019

For small and medium-sized businesses (SMBs) and consumers, payments that arrive promptly are worth far more than payments of the same dollar value that trickle in after weeks of delays. For example, the payer company may have a convoluted invoice approval process to complete before it can compensate its small business (SMB) supplier.

Faster Payments 40

Faster Payments Push-to-Card Payments Cross-Border 40

PYMNTS

JANUARY 15, 2018

Separate data from NACHA found that of the 2 million same-day ACH transactions completed in the first 11 days of the service, just 6 percent were B2B payments; the rest were made up of B2C and P2P transactions. And despite these statistics, B2B payments innovators remain confident that progress will be made.

B2B 55

B2B Same Day ACH Innovation NACHA 55

PYMNTS

AUGUST 15, 2018

Today, their technologies must communicate with existing infrastructures as systems migrate to the cloud, address the points of friction before and after payment, and support the needs of not only the corporate payer, but of the payee, too. However, Scott added that the market benefits from strengthening competition, and the future is bright.

B2B 40

B2B Payments B2C API 40

Nanonets

MAY 30, 2023

Electronic payments are the systems by which consumers pay for goods and services electronically, in ways that do not involve paper either as currency or checks.  ePayment  B2B and B2C transactions are moving rapidly into the ePayment domains. What is an electronic payment? Advantages Transactions are secure and quick.  Both

Payment APIs and Integration 52

Payment APIs and Integration Credit Cards Online and Mobile Banking Payment Reconciliation 52

EBizCharge

MAY 15, 2024

Unlike business-to-consumer (B2C) payments , where customers pay businesses for goods and services, B2B payments involve one company making payments to another. Compared to B2C payments, B2B payments have a more tedious and complex process to go through. What are B2B payments? How do B2B payments work?

B2B 52

B2B Wire Transfer Payments Payment Gateways 52

PYMNTS

JULY 18, 2017

B2B payments company Viewpost just released a curious report: a survey on consumer payment habits and trends. Why would a corporate payments company want to dive into the world of consumers? According to Viewpost CEO Max Eliscu, B2B payments often follows in the same footsteps as B2C.

B2C 41

B2C B2B Payments Trends Direct Deposit 41

PYMNTS

JANUARY 10, 2019

And digital payers are striving to win more business from tax filers this year. But consumers are increasingly demanding quicker — even instant — payments in all types of situations, from wages to disbursements. B2C disbursements account for more than 3.5 B2C disbursements account for more than 3.5 billion.

Tax Refunds 48

Tax Refunds IRS Real Time Payments Blocks 48

PYMNTS

OCTOBER 21, 2019

Both firms never quite made it to the mass market, overwhelmed with delays, snags, regulatory issues and complete consumer disinterest. However, consumers’ early reactions to the veritable explosion of payment form factors in the middle of the decade were more shrugs than celebrations.

Innovation 52

Innovation Online and Mobile Banking Payments Mobile Payments 52