PYMNTS

OCTOBER 9, 2019

Subscription-based offerings can be key to helping business-to-consumer (B2C) companies establish long-running relationships and lock down more predictable revenue streams. headquarters as part of its push to advance direct debit acceptance worldwide. Around the Recurring Global Payments world. The company recently launched a U.S.

B2C 56

B2C Credit Cards Cross-Border Push-to-Card 56

PYMNTS

OCTOBER 2, 2019

If you look across the technology industry and the payments industry, the pace and movement of change is accelerating,” Mike Kresse, division executive for card and money movement at FIS , recently told PYMNTS in an interview. To get a sense of where faster payments are headed, look to the consumer. Particularly in the U.S,

C2B 81

C2B Faster Payments Real Time Payments Lockbox 81

PYMNTS

JANUARY 19, 2021

While the coronavirus crisis certainly accelerated the drive toward digital, the mid-market's commerce digitization push was well underway before the pandemic hit. Corporate buyers are quickly shifting their purchasing habits online, and seeking more efficient experiences from product sourcing through to checkout. Emerging Business Models.

B2B 110

B2B Payments Push-to-Card B2C 110

Fintech Finance

MARCH 21, 2024

In addition, Thunes is implementing Visa Direct’s push-to-card capability, to enable payouts made to eligible Visa cards and accounts across 190+ countries and territories. Digital wallets are an easy-to-use, rapid, and secure payment method surging in popularity.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Push-to-Card B2C 52

PYMNTS

MARCH 2, 2020

But while there are a nearly endless number of cases presenting corporate payments challenges, increasingly, businesses of all kinds are seeking a similar experience — and prepaid card technology can be a valuable tool in meeting those requirements. From Gig Workers to Rebates.

B2C 60

B2C Payments Push-to-Card On-Demand 60

PYMNTS

JULY 8, 2019

InComm acquired Meridian to help strengthen its incentive initiatives with the creation of rewards and membership-type programs and management tools for employee, B2B and B2C platforms. Also, 53 percent of merchandise and gift card programs bought by corporate users don’t report or analyze the performance of these programs.

Acquirers 65

Acquirers Push-to-Card B2C Debit Card 65

PYMNTS

MAY 6, 2019

Customers, on the other hand, need to be assured that their PII, such as credit card or bank account numbers, will remain safe. . A top goal among payments solutions providers is to make these problems as infrequent as possible — and to do so, many are turning to push payments. . The scenario is reversed for push payments.

Push-to-Card 44

Push-to-Card Risk Debit Card B2C 44

PYMNTS

SEPTEMBER 12, 2016

The flip side of that potential customer loss is what Burkhart calls “involuntary churn” — a situation that happens when a card is declined. There’s also a push towards using tools to help prompt consumer engagement by monitoring frequency of usage. But, Burkhart said, it doesn’t have to be that way.

Push-to-Card 71

Push-to-Card Accreditation B2C Consumer 71

PYMNTS

JANUARY 21, 2021

They can eliminate the pain points in business-to-consumer (B2C) transactions by keeping consumers from waiting to receive their funds, while businesses are witnessing the advantages of using real-time payments when transacting with each other. Around The Real-Time Payments World. Recent surveys found that 38 percent of U.S.

Real Time Payments 92

Real Time Payments RTP P2P Faster Payments 92

PYMNTS

JANUARY 22, 2021

There's still a long way to go, but I do think the money movement – whether it's B2B or B2C – might become more seamless going forward,” he said. One reason is the tremendous push COVID-19 has given consumers. has been slower when it comes to adoption. But he believes that is changing.

Push-to-Card 73

Push-to-Card Payments Credit Cards Checks 73

The Paypers

SEPTEMBER 3, 2020

PNC Treasury Management has announced it has expanded its payment offerings by adding push-to-debit card capabilities, called Direct to Debit Card.

Treasury Management 28

Treasury Management Debit Card Treasury B2C 28

PYMNTS

MARCH 12, 2020

And according to Jennifer Schroeder, executive vice president of product management at PULSE, prepaid and payroll cards are proving increasingly popular among forward-thinking employers. As has been reported, the platform can help issuers manage, or restrict, transactions across groups of compromised cards. The Security Angle.

Payroll 61

Payroll Issuers Push-to-Card Debit Transaction 61

PYMNTS

MAY 15, 2019

The acquisition, Bill Sheley, head of global push payments at Visa , told Karen Webster, helps move Visa “beyond the card” and, writ large, helps the payments giant to embrace a “two-account disbursement model.” To that end, Visa has taken the “buy” path, and said last week that it gained control of Earthport , having bought the U.K.-based

Cross-Border 74

Cross-Border Cross-Border Payments Credential Wire Transfer 74

PYMNTS

JANUARY 17, 2020

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. ” Perhaps the most obvious reflection of this challenge can be seen in the commercial card space. ” Finding A Middle Ground. “SMBs don’t have departments.

Faster Payments 61

Faster Payments B2B Small Business Venmo 61

PYMNTS

JANUARY 17, 2018

The trend remains true for all types of subscription services: Increased activation energy is visible whether one is looking at a business-to-consumer (B2C) service offering media access or subscription boxes or a business-to-business (B2B) SaaS platform. The results were interesting — even surprising. Free Trials Done Right.

B2C 56

B2C B2B Enrollments Push-to-Card 56

PYMNTS

MARCH 18, 2019

Connecting these two dots suggests a few important things that, for banks and card networks, might be the 2020 hindsight that could have come in handy had they stopped to look backwards a few years ago: That the Fed has much more than a passing interest in how faster payments are run in the U.S. A Couple of Important Dots.

Faster Payments 80

Faster Payments Fed RTP Same Day ACH 80

PYMNTS

JANUARY 25, 2019

In terms of payments technology and alternative lending, B2C and B2B may be respectively seen as digital versions of the hare and tortoise. Consumers are used to having any number of payment options on offer when they’re ready to push a buy button onscreen, at any time of day. To that end, Fundbox said in a release on Friday (Jan.

B2B 63

B2B B2C Payment APIs and Integration Point-of-Sale (POS) 63

CB Insights

DECEMBER 4, 2019

While the anticipation for Amazon’s plunge into banking gets louder each year, it’s important to first understand Amazon’s existing strategy in financial services — what Amazon has launched and built, where the company is investing, and what recent products tell us about Amazon’s future ambitions. Amazon Payments.

Online and Mobile Banking 101

Online and Mobile Banking Push-to-Card Payment APIs and Integration Non-Bank 101

PYMNTS

DECEMBER 5, 2017

Direct deposits, push payments, eWallets, same-day ACH transfers, PayPal, Zelle and myriad other platforms and tools are now second nature. The digital economy is here and, for many consumers, it has become a way of life. But, with this progress comes friction in the form of a payments patchwork. Supply and Demand.

Consumer 56

Consumer Same Day ACH C2B B2C 56

PYMNTS

FEBRUARY 19, 2018

The newest PYMNTS eBook is full of expert insight into the future of B2B payments, from commercial cards to accounts receivable. That, said Cloud Elements Head of Strategy Ross Garrett, means the B2B payments industry needs to step up to the plate and perhaps even start acting a bit like B2C payments.

B2B 40

B2B B2C Push-to-Card Commercial Card 40

FICO

OCTOBER 5, 2017

Usually smaller lenders can only afford to do push marketing in batches, so a quarterly campaign is what they do. Not surprisingly there is still a lot of adverse selection happening with these marketing approaches - people with the highest debt or most overextended lifestyles are the most likely to respond to the card or loan offer.

Risk 56

Risk Push-to-Card B2C Online and Mobile Banking 56

PYMNTS

SEPTEMBER 20, 2016

Though people love the ad-free content and convenient digital access, it’s also nice to be able to enjoy that experience without having to actually remember to pay the bill each month in order to have access to the service. I’ve never had to go back and re-evaluate that,” he added.

Credit Cards 72

Credit Cards Push-to-Card Acquirers Best Practices 72

PYMNTS

MARCH 21, 2019

That’s not such good news on the business-to-consumer (B2C) or business-to-small-and-medium-sized-business (B2SMB) front, where checks still, more or less, dominate the landscape. Not an entirely surprising fact, given that it is the collision of two highly specialized and extremely regulated worlds.

Instant Payments 60

Instant Payments Innovation Payments Visa 60

Finovate

OCTOBER 15, 2024

The company also helps third-party organizations across various industries integrate instant payments with traditional payment tools into their existing payment and money movement use cases including A2A, P2P, Bill Payment, B2B and B2C disbursements. Tyfone announced the formation of a new spinout today.

Instant Payments 52

Instant Payments FedNow Same Day ACH Federal Reserve 52

The Fintech Times

JULY 31, 2024

With the OCC consent orders against BaaS banks and bad press plaguing B2C BaaS platforms, regulators are extra scrutinising when it comes to all types of BaaS platforms, catching those in the middle that are B2B or Business to Nonprofit. “Platforms must comply with AML and know-your-customer regulations to prevent illicit activities.

Compliance 64

Compliance AML Due Diligence Regulations 64

PYMNTS

JUNE 19, 2018

credit card market is massive. North America accounts for about 60 percent of the global card market, according to analysis from ResearchAndMarkets.com released earlier this year, while the American Banking Association found in April that about 70 percent of Americans have at least one credit card. “We [the U.S.]

Commercial Card 40

Commercial Card Data Breach Credit Cards B2B 40

PYMNTS

SEPTEMBER 18, 2019

A majority (57 percent) of B2C subscription retailers report a churn rate of 2.9 Yet only one in four subscription companies across B2C, B2B and hybrid businesses experience a year-over-year revenue growth rate of more than 30 percent. Last week, MoviePass announced the curtains would be closing on the subscription service.

B2C 46

B2C Push-to-Card Card Issuer Enrollments 46

PYMNTS

OCTOBER 6, 2020

The push toward the digital transformation of lagging sectors such as the industrial and manufacturing verticals have accelerated. At least insofar as 2020 has shaped up, and especially where B2B payments have been concerned. March turned out to be bit of a rough path, too. We’ve made progress, but progress remains to be made.

B2B 84

B2B Treasury Cross-Border Checks 84

PYMNTS

JUNE 29, 2018

However, to push insurance providers in the direction of ePayments, service providers have to acknowledge the nuances of the insurance payments machine. For this reason, virtual cards are a rising star in B2B insurance payments, according to Peters. “We see really high adoption of virtual cards.”

Faster Payments 40

Faster Payments Same Day ACH ACH Remittance Data 40

PYMNTS

DECEMBER 19, 2016

Not surprisingly, hardest hit are the kids born to middle and lower middle-income families — so, roughly 70 percent of the U.S. population. Stop and think about that for a minute. No one’s worried whether those 30-somethings will be able to put food on their table or make the mortgage payment. Which may end up not being all that powerful.

FinTech 88

FinTech Credit Cards Push-to-Card Economy 88

Tearsheet

OCTOBER 2, 2024

This collaboration has resulted in the launch of Codat’s new Supplier Enablement API product, designed to increase virtual card usage, with J.P. Morgan as an early adopter for its B2B virtual card offering. Change isn’t easy and shifting to digital payments methods, like virtual card, is no exception.

B2B 59

B2B Checks Payment APIs and Integration Push-to-Card 59

PYMNTS

MAY 2, 2019

To do so, the company launched a new app that can send remittances to recipients’ mobile wallets, bank accounts or into billing systems on their behalf, without card fees. Deep Dive: A Need for Speed and Security Pushes Push Payments. Payment speed can be dragged down in many ways. Around the Smarter Payments World.

Faster Payments 40

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

PYMNTS

DECEMBER 23, 2019

It was in a convergence of these trends that Visa launched its real-time payments solution, Visa Direct , a technology enabling push payments onto recipients’ Visa cards. The Network Opportunity. “We’ve taken that network and [thrown] it in reverse so we could move money in the other direction,” he said.

Use Case 41

Use Case Cross-Border Cross-Border Payments P2P 41

PYMNTS

JUNE 6, 2018

The new service, Mastercard said in its release, “embodies the Mastercard vision of a world not only beyond cash, but beyond cards as well.”. The new service, Mastercard said in its release, “embodies the Mastercard vision of a world not only beyond cash, but beyond cards as well.”.

Real Time Payments 55

Real Time Payments Visa Accounts Faster Payments 55

PYMNTS

MARCH 25, 2020

This holds true regardless if a company was selling a B2C or B2B software product. FastSpring, which provides a full-service eCommerce platform that includes features like recurring payments, tax management and subscription services for B2B and B2C software providers, sees a big opportunity for its customers in that change.

Best Practices 40

Best Practices B2C Push-to-Card B2B 40

PYMNTS

FEBRUARY 22, 2017

Those alerts can be low balances or suspicious card activity, for instance, and can be sent via test message, email or push notification in mobile banking apps. For Fiserv, a focus on financial services innovation means a focus on the end-user experience. Some of them surround the issue of payments security.

NACHA 51

NACHA Same Day ACH ACH Innovation 51

PYMNTS

JULY 24, 2017

In addition to its thousands of financial institution clients, Fiserv has built relationships and digital connections with thousands of corporates and billers. It was a logical strategic move for Fiserv to expand its money movement services to digitally connect corporates to their end customers that are receiving payments from these companies.

B2C 40

B2C Checks Economy API 40