PYMNTS

APRIL 30, 2020

The combination will achieve that goal through a Contextual Funds Transfer (CFT) payment rail, connected to the businesses’ enterprise resource planning (ERP) and supply chains, which would ultimately create interoperability for business payments and more visibility.

B2B 67

B2B ISO 20022 Interoperability Funds Transfer 67

Fintech News

SEPTEMBER 17, 2024

The system is widely used across India for a variety of financial transactions, including peer-to-peer (P2P) payments, bill payments, and online shopping, accounting for 53.4% They allow payment aggregator-cross border (PA-CB) providers to operate independently, without the support of authorized dealer (AD) banks.

Digital Payments 107

Digital Payments Credit Cards Online and Mobile Banking Payments 107

PYMNTS

DECEMBER 30, 2020

Increasingly, as B2B payment innovators discussed, that adaptability is giving way to accelerated infrastructure innovation, as well as new business and payment models, all in pursuit of greater efficiency. For B2B payment innovators, there is plenty of competition, but also ample opportunity to drive the industry forward.

B2B 119

B2B Payer Payments BNPL 119

Fintech Finance

APRIL 15, 2024

This strategic partnership combines VoPay and Mastercard’s shared vision to eliminate payment inefficiencies, which means innovating using fast-paced technology and building cutting-edge end-to-end solutions for consumers and businesses that are scalable.

Visa 92

Visa Electronic Funds Transfer (EFT) Near Real-Time Cross-Border 92

The Payments Association

MARCH 18, 2025

Open finance is transforming financial services by enabling broader data-sharing, fostering competition, and driving innovation in payments and financial products. As more jurisdictions refine regulations and expand open finance frameworks, the focus will shift to interoperability, consumer trust, and cross-industry data integration.

Finance 88

Finance Payment APIs and Integration Non-Bank Embedded Finance 88

PYMNTS

SEPTEMBER 11, 2017

It’s not fair, said FI.SPAN CEO and Co-Founder Lisa Shields, that Bill.com and AvidXchange get to have all the business payments fun — and there’s no reason why banks shouldn’t get to participate. There’s a spectrum of readiness for service interoperability,” said Shields. They struggle even to imagine what APIs mean.

API 76

API Interoperability Non-Bank Accounts 76

PYMNTS

OCTOBER 22, 2020

As businesses' awareness of these challenges grows, more organizations are looking to not only migrate away from paper, but to also develop B2B payment strategies that include integrated payments for more seamless reconciliation within the ERP, while finding payment methods that work for both the buyer and supplier.

B2B 89

B2B Lockbox Remittance Data Payments 89

Faster Payments Council

SEPTEMBER 12, 2022

The panel will discuss issues such as security, governance, and interoperability as well as concerns that the U.S. In this session, FPC QR Code work group leaders address the call to action for payment industry standards needed for universal acceptance and interoperability of QR codes.

FPC 88

FPC Federal Reserve Cross-Border Payments Faster Payments 88

PYMNTS

AUGUST 3, 2018

Discover Financial Services is pushing for digitization of B2B payments in the U.S. through a collaboration with the Business Payments Directory Association (BPDA), according to a press release. Payees can manage their own payment preference data in real time, the companies explained.

B2B 40

B2B NACHA API Payments 40

PYMNTS

JULY 6, 2020

The Clearing House’s Waterhouse added that “I do think we’ve actually turned the corner on paper, which [we’ve] been stuck with where it was 50 percent of business payments.”. Waterhouse said necessity caused by the pandemic has pushed both businesses and consumers to embrace digital payments instead.

Instant Payments 59

Instant Payments ACH PayPal Payments 59

PYMNTS

APRIL 7, 2020

This issue is gaining attention, with a recent survey of financial professionals in the Asia-Pacific finding that 45 percent of respondents believe interoperable open banking strategies would be “very” important, for example. This would ensure that developers could more easily work with APIs from different banks and even different countries.

API 63

API Payment APIs and Integration B2B Online and Mobile Banking 63

PYMNTS

AUGUST 31, 2017

“It’s been a long, slow road to improve the efficiency and the electronification of business-to-business payments ,” he said, recalling an initiative in the late-’80s by the Fed to promote digital B2B payments. While progress has been made, paper-based payments have endured over the decades in corporate environments.

Federal Reserve 64

Federal Reserve Innovation Secure Payments Task Force Faster Payments 64

PYMNTS

NOVEMBER 7, 2018

In addition, nearly all middle-market firms surveyed have digitized at least some portion of their B2B payments volume. These companies are taking a “hybrid” approach to electronic business payments, according to PwC Financial Services Advisory Leader Julien Courbe, who was quoted in the report. ”

B2B 58

B2B Electronic Funds Transfer (EFT) Use Case Commercial Card 58

PYMNTS

JULY 26, 2019

She also pointed to the service’s stop-and-recall, fund confirmation and enterprise resource planning (ERP) integration capabilities as a few examples of enhanced features key to addressing business payment needs. Preparing Banks And Businesses.

Cross-Border Payments 64

Cross-Border Payments Cross-Border Innovation Correspondent Bank 64

PYMNTS

OCTOBER 16, 2020

You can pay me through my online portal, you can pay me through the business payments network. Interoperability is the key to streamlining the workflow, he maintained, having more and more AR and AP departments talking to each other, constantly. I’m not going to take your virtual cards via email anymore.’”.

B2B 64

B2B Payments ACH Wires 64

Fintech Review

MAY 4, 2025

Invoiced A cloud-based billing platform that automates invoicing, collections, payment plans, and account receivables management. Best for : Mid-sized businesses seeking to streamline receivables operations. B2B founders, CFOs, and finance teams need systems that are scalable, interoperable, and built for a real-time digital economy.

Payment APIs and Integration 76

Payment APIs and Integration FinTech Multi-Currency Embedded Finance 76

PYMNTS

DECEMBER 27, 2019

As the B2B payments landscape hustles to keep up with the moving target of friction, progress has certainly been made in the acceleration, digitization and transparency of corporate transactions. The road towards a modern, open and flexible B2B payments infrastructure is nowhere near complete,” he said. In the U.S.

B2B 52

B2B Payments Same Day ACH Addressing 52

PYMNTS

NOVEMBER 15, 2017

Here, the focus has been on developing standards, especially as it ties in with straight through processing and business-to-business payments. The Fed will also support efforts for standardization across electronic invoicing, payments and remittance information.

Fed 44

Fed Faster Payments Federal Reserve ISO 20022 44

PYMNTS

SEPTEMBER 7, 2017

This year is a critical one for this initiative, the Fed said, with the Fed’s Faster Payments Task Force having already issued the results of its assessment and recommendations for continued progress. Electronic invoicing, too, will be an important focus to boosting payments efficiency, the Fed said.

Fed 49

Fed Federal Reserve Cross-Border Payments Cross-Border 49

PYMNTS

DECEMBER 3, 2019

Blockchains focused on interoperable payments, such as Stellar and Ripple, provide bridges to traditional payment infrastructures and on-demand liquidity.”.

Cross-Border 53

Cross-Border B2B Cross-Border Payments Blockchain 53

Nanonets

SEPTEMBER 8, 2023

ACH (Automated Clearing House) payments are electronic fund transfers that use the ACH network to move funds between bank accounts in the United States. This payment method is widely used to directly settle payroll, bills, and business-to-business payments.

Wire Transfer 52

Wire Transfer Wire Wires ACH 52

PYMNTS

NOVEMBER 8, 2017

According to the research, approximately half of the real-time payments schemes in place today can handle corporate and B2B transactions. Nineteen banks currently participate in the program, FIS said, which supports both consumer and business payments to checking and savings accounts as well as credit and debit card accounts.

Real Time Payments 40

Real Time Payments B2B Innovation Faster Payments 40

Nanonets

MARCH 20, 2023

The AP process begins with the receipt of the invoice, passes through various levels of categorization, coding, data matching , and approvals, and ends with the payment of the invoice. This long timescale arises from interoperability between the steps and the time delays in to-and-fro transitions.  

Accounts 52

Accounts Payment APIs and Integration Multi-Currency Automation 52

Fintech News

JANUARY 22, 2025

For instance, the UK and Europe, despite having long-established real-time payment systems, still face challenges in realising their full potential. APACs focus on cross-border interoperability, in addition to domestic improvements, highlights the regions commitment to maximising the benefits of real-time payments.

Real Time Payments 120

Real Time Payments APACS ISO 20022 Cross-Border 120

Finovate

APRIL 28, 2025

Thunes plans to use the funding to fuel US growth, drive AI innovation, and expand interoperability with the digital asset ecosystem, positioning itself against competitors like Wise and Airwallex. Cross-border payments company Thunes has raised $150 millionin Series D funding. The funds more than double its previous 2023 round.

Cross-Border Payments 52

Cross-Border Payments Cross-Border Payment APIs and Integration Interoperability 52