PYMNTS

APRIL 30, 2020

This week’s examination of the latest in payments rails innovation finds financial service providers innovating on top of existing rails to address the friction of ACH, checks and other bank transfer infrastructure. One FinTech, meanwhile, throws blockchain into the mix of legacy rails. Western Union Expands Real-Time Capabilities.

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Innovation Global Payments ACH Cross-Border 73

PYMNTS

FEBRUARY 26, 2020

Finablr , a Saudi Arabia-based global platform for payments and foreign exchange solutions, has announced that its network brand, BayanPay , has been awarded a license to provide payment services by the Saudi Arabian Monetary Authority (SAMA).

Authorization 52

Authorization B2G Payment Gateways Cross-Border Payments 52

The Fintech Times

JUNE 27, 2024

Introduced in 2020 by the Central Bank of Brazil , the Pix digital payment system has become one of the most used payment methods in the country with over 164 million users. This has been made possible through two new Pix instant payment solutions: Pix Roaming and International Pix.

B2G 64

B2G Instant Payments Online and Mobile Banking Payments 64

PYMNTS

APRIL 8, 2019

Revolution Payments announced its Level 3 Processing solution that can help businesses reduce the interchange cost of accepting commercial or government credit cards by 1 percent to 1.5 Visa and Mastercard , for example, apply higher interchange rates for transactions accepted without Level 3 payment details.

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B2G Credit Cards Processors Payments 49

PYMNTS

JANUARY 2, 2019

What follows is a look at some of the most important topics in the worlds of payments and commerce, and how they will be treated and discussed at the upcoming CES. CES helps sets the payments and commerce agenda for the coming year. A reasonable sense of that comes from the published program.

Payments 67

Payments B2G Cryptocurrency Blockchain 67

PYMNTS

APRIL 20, 2017

In shifting to electronic invoicing for B2B and B2G, both Europe and the U.S. For B2B and B2G invoicing that spans national borders, especially in the direction of U.S. Recently, TIE Kinetix announced a partnership with ERP manufacturer Exact that works to boost B2B and B2G e-invoicing capabilities for its users. “It’s

Governance 43

Governance Government B2G XML 43

PYMNTS

JANUARY 22, 2020

National bank RAKBANK , headquartered in the emirate of Ras Al-Khaimah in the United Arab Emirates, has teamed up with Mastercard to introduce corporate payment solutions, Zawya reported Wednesday (Jan. It also provides efficient monitoring of travel and entertainment expenses via the SmartData expense monitoring and management tool.

Commercial Card 52

Commercial Card Visa B2G Cross-Border Payments 52

PYMNTS

AUGUST 12, 2019

According to Walicki, there are other hurdles for B2G vendors looking to win contracts — especially smaller suppliers looking to step into the public sector for the first time. Those objectives are rarely, if ever, seen in private B2B procurement.

B2G 53

B2G Governance Government On-Demand 53

PYMNTS

SEPTEMBER 19, 2016

252 million eInvoices were sent across the EU in 2015 , most of which were B2B or B2G, according to new data from the European E-invoicing Service Providers Association. The most commonly downloaded-but-never-used application? TechSmith Camtasia Studio, followed by SAP Crystal Reports and Adobe InDesign.

B2G 75

B2G Small Business On-Demand B2B 75

PYMNTS

JULY 11, 2017

In a survey released last month from business-to-government (B2G) technology company Onvia , nearly 40 percent of buyers in the public sector say they feel overworked, with many reporting that it’s a struggle to find the time needed to research and author bids and requests for proposal. That Procurement Performance Index dropped from 76.4

Governance 51

Governance Government B2G B2C 51

PYMNTS

MARCH 7, 2016

But when that business depends on in-field operations — say, for example, field technicians and contracting — the payments process can prove especially clumsy if paper bills and checks have to travel to and from the field before any processing. The device is synced into the IntegraPay network to then process those payments.

B2G 40

B2G Payments PayPal B2B 40

PYMNTS

MARCH 28, 2017

Mbiz provides a digital procurement platform for B2B and B2G transactions. “This is a happy news for a company that has been operating effectively for eight months,” he told the publication, adding that Mbiz also recorded positive cash flow since its launch.

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B2B B2G Security Authorization 47

PYMNTS

JANUARY 30, 2018

payments system as outlined in its Strategies for Improving the U.S. Payment System report. Analysis of the benefits of eInvoicing included in the report points to cost-savings, boosted efficiency and faster payments to suppliers, among other upsides. “E-Invoicing This is a significant mandate because the U.S.

B2G 42

B2G Federal Reserve Governance Government 42

EBizCharge

APRIL 29, 2024

For many businesses, managing AR can be challenging, particularly when faced with cash flow constraints or delays in receiving payments from customers. The factoring company then collects payment from the clients when the invoices are due, deducting a factoring fee for their service. This is because the risk of non-payment is lower.

Accounts 52

Accounts Credit Risk Non-Bank B2G 52

PYMNTS

MARCH 15, 2016

Industry experts agree that government policy can often be the catalyst to adoption of payments and finance technology in the private sector. is now in the midst of readying for an eInvoicing mandate, a move regulators say will help small businesses manage their cash flow and improve visibility into B2B and B2G transactions.

B2G 40

B2G Procedures Governance Government 40

PYMNTS

FEBRUARY 19, 2018

Faster payment schemes are beginning to take root around the globe, and consumer payments are ready to embrace speed. Corporate payments? That, of course, is bad news for suppliers, especially small businesses (SMBs) that struggle with delayed and late payments that interrupt a healthy cash flow.

Payment APIs and Integration 43

Payment APIs and Integration Faster Payments Payer B2G 43

PYMNTS

OCTOBER 8, 2019

When considering the financial services (FinServ) challenges of the legal cannabis sector, the biggest point of friction that almost always comes to mind first is the point of sale (POS): enabling marijuana businesses to accept electronic payments from their retail customers.

Legal 45

Legal Point-of-Sale (POS) B2G Laws 45

PYMNTS

JANUARY 24, 2019

Government procurement can bolster the strength of local small businesses (SMBs), and provide an example for technology adoption in areas such as eInvoicing and electronic payments. The importance of cybersecurity is not only related to the ability of government entities to protect government data.

Cybersecurity 61

Cybersecurity Governance Government Risk Mitigation 61

PYMNTS

MARCH 26, 2020

As more government entities on the local, state and federal levels embrace eCommerce-like processes to purchase goods, they’re also gradually expanding this demand for digitization and optimization in the broader, more complex process of sourcing, bid management, contracting and payment.

Governance 58

Governance Government On-Demand Automation 58