Fintech Finance

APRIL 7, 2025

. “Directory services can significantly improve the speed and security of instant payments by enabling interoperability between networks,” said Peter Tapling , Managing Director of PTap Advisory, LLC and FPC Directory Models Work Group Chair.

Instant Payments 98

Instant Payments Faster Payments FPC Interoperability 98

PYMNTS

NOVEMBER 30, 2018

Expense management company DiviPay is rolling out what it says is Australia’s first Mastercard virtual commercial card for corporate payers, and the first solution in the country that combines payments with expense management automation.

Commercial Card 86

Commercial Card Visa Payer Automation 86

PYMNTS

MAY 2, 2017

“I think one of the sectors that needs innovation is business payments,” Massaro said. “To To run a business, you still need too many different relationships with banks … different procedures to send money abroad and receive money…. There are near-term challenges surrounding remittances, cross-border.”.

Cross-Border 42

Cross-Border Business Payments Payments Payer 42

PYMNTS

AUGUST 11, 2020

Indeed, solving some of the biggest AP challenges increasingly requires aa strategic focus not just on the payer, but on the supplier accepting that transaction. That’s the crux of Visa ‘s and Billtrust ‘s strategy behind the Business Payments Network (BPN), their collaborative B2B payments solution.

B2B 110

B2B Payments Wire Wires 110

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 Finance

JULY 4, 2024

Incorporating offline capabilities into digital payments can overcome these challenges. The offline function also enables use cases such as peer-to-peer payments (P2P) between individuals or payment-to-business payments (P2B). G+D Filia® Unplugged makes digital offline transactions a reality.

Digital Payments 98

Digital Payments Online and Mobile Banking Central Bank Financial Inclusion 98

PYMNTS

JANUARY 2, 2019

Much attention has been paid to mobile business payments in the fleet sector in particular, with Comdata launching its mobile app, Comdata OnRoad, that links to fleet driver funds, for example. Some financial institutions, including Bank of America and UMB Bank, have also invested in mobile B2B payments.

Commercial Card 84

Commercial Card Online and Mobile Banking Payer B2B 84

PYMNTS

SEPTEMBER 14, 2017

It made sense to create an application that allowed decision-makers to approve and send payments.”. In some ways, the app is a reflection of existing corporate payer needs. For example, Mugford explained that the app, and the rest of AscendantFX’s services, can support an array of payment rails based on payer and payee preference.

B2B 55

B2B Payment APIs and Integration Due Diligence Payer 55

PYMNTS

JANUARY 27, 2021

The companies said REPAY will be lending its solution that facilitates and automates connections between a business and its vendor base within the Billtrust platform.

Commercial Card 94

Commercial Card Payroll Multifactor Authentication B2B 94

PYMNTS

OCTOBER 24, 2018

However, the company said at the time that payment processing activity also increased during the quarter, with its core business payments offering growing 20 percent year over year, according to CEO Melissa Smith. ”

Payer 55

Payer Small Business Acquirers Payment Networks 55

PYMNTS

AUGUST 31, 2017

Two in particular, he said, are technology and payer habits. “It’s Technology provides the opportunity to make big changes in how end-users use the payment system.”. While progress has been made, paper-based payments have endured over the decades in corporate environments. It’s a combination of both,” Sapenaro said.

Federal Reserve 64

Federal Reserve Innovation Secure Payments Task Force Faster Payments 64

PYMNTS

NOVEMBER 19, 2019

Commercial payments company WEX has announced a partnership with order-to-cash solution provider Billtrust in an effort to address accounts payable (AP) friction for its clients. 19), Billtrust said WEX is joining its Business Payments Network (BPN). In a press release on Tuesday (Nov.

B2B 51

B2B Payer NOV Reconciliation 51

PYMNTS

JUNE 20, 2017

The bank said in news Monday (June 19) that supporting use of a mobile wallet solution for corporate payers can help business travelers streamline transactions with online payments and expensing while boosting security. “Companies also are focused on the changing demographics of the U.S. labor force. ” U.S.

Online and Mobile Banking 44

Online and Mobile Banking Commercial Card Payer Card Issuer 44

FICO

OCTOBER 24, 2018

Checking the name on an account will undoubtedly stop some push payment fraud, but it won’t stop it all. The service works within online banking, when a payer goes to make a payment via their online banking portal. Here are six: It won’t work for business to business payments.

Payee 49

Payee Payer Payments Scams 49

PYMNTS

AUGUST 7, 2018

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. Providing payers with this information could make it easier for them to quickly and efficiently pay their suppliers.

B2B 40

B2B Federal Reserve Payee FedWire 40

PYMNTS

AUGUST 12, 2020

The business payments technology company is rolling out Pay Direct for U.K. corporates, making it easier for businesses to accept online payments. The solution is based on open banking wielding its payment initiation service, enabling Bottomline to use the U.K.’s ’s Faster Payments scheme.

Small Business 77

Small Business Push-to-Card Credit Union Payer 77

PYMNTS

JULY 5, 2017

The Federal Reserve made news late last week when it released its newest data on consumer and business payment habits, assessed via data from 2015 compiled in 2016. According to Fed researchers, there were some significant changes in corporate payments activity between 2000 an 2015.

ACH 51

ACH Fed Checks Federal Reserve 51

PYMNTS

DECEMBER 24, 2020

One of the biggest factors behind that adoption trend is the need for small- to medium-sized businesses (SMBs) to enhance working capital management, with nearly half of SMBs surveyed by Mastercard noting they were one missed payment away from going under. The card as a credit instrument is very much on a lot of people’s minds.”.

Commercial Card 81

Commercial Card B2B Visa Issuers 81

PYMNTS

NOVEMBER 12, 2018

The solution is also integrated with PayNow , the payments solution created by the Monetary Authority of Singapore. Earlier this year the MAS announced that PayNow would be available to corporate payers via PayNow Corporate, which can be accessed via banks’ mobile app platforms.

Small Business 63

Small Business Payer Payments Payments Tools 63

PYMNTS

DECEMBER 8, 2017

Talk is growing of the potential for virtual card technology to address several key points of friction in business payments, especially in corporate travel. Even for business payers themselves, though, virtual card adoption has perhaps been slower than some industry players would like. In a separate interview , Dean M.

Payer 43

Payer Payments Reconciliation Data Breach 43

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.

B2B 40

B2B NACHA API Payee 40

PYMNTS

AUGUST 1, 2019

ISO 20022 will modernize international and domestic payment rails, enabling right and new payment services.”.

Interoperability 61

Interoperability ISO 20022 Cross-Border Correspondent Bank 61

Stax

MARCH 14, 2024

Business to business organizations provide services or goods to other companies, unlike business to consumer (B2C), which is when businesses transact with consumers (individuals). Business to business payments, therefore, refer to the payment processes and activities between two businesses.

B2B 88

B2B Process B2C Credit Cards 88

PYMNTS

JANUARY 8, 2020

Horling said that one of the greatest benefits of collaborating with FTNI is its ability to ensure that transaction data is integrated into customers’ back-office accounting platforms and other portals — another key demand of B2B businesses. Benefits For Payers.

B2B 56

B2B Mobile Payments B2C Payments 56

PYMNTS

FEBRUARY 22, 2019

Travel booking company Amadeus is integrating Barclaycard virtual card technology into its Amadeus B2B Wallet solution to streamline business payments processes, the company announced Thursday (Feb. “Payments is not a one-size-fits-all business,” explained Bart Tompkins, Amadeus managing director, payments, in a statement.

Payer 46

Payer B2B Reconciliation Acquirers 46

PYMNTS

AUGUST 8, 2019

Paper checks are familiar, especially to smaller businesses, and can support a longer cash float. Commercial and virtual cards, meanwhile, support faster payments to vendors while enabling payers to retain their capital for longer, too, as well as the opportunity for rebates and rewards.

Accounts 57

Accounts ACH B2B Payments 57

PYMNTS

NOVEMBER 12, 2019

But corporate payers are not the only entities in charge of driving adoption of AP automation technologies. Suppliers continue to play an important role in AP technology adoption, with service providers realizing that in order for companies to be able to pay electronically, suppliers must accept electronic payments. billion valuation.

Innovation 49

Innovation B2B Automation Payer 49

PYMNTS

MARCH 27, 2020

This is particularly valuable for small businesses with a high volume of sales, said Roy, adding that the financial benefits of this capability can be realized “in a matter of weeks” due to the lower transaction fees alone. A B2B Opportunity.

Payment Initiation 60

Payment Initiation B2B Online and Mobile Banking Small Business 60

PYMNTS

DECEMBER 2, 2019

2) said Signicat will integrate SurePay’s bank account verification solution within Signicat’s Digital Identity Platform, allowing financial institutions and businesses in the Netherlands to automatically authenticate a payee’s identity with its bank account details.

Due Diligence 40

Due Diligence B2B Payee Payer 40

PYMNTS

NOVEMBER 18, 2019

Business payments processing company Bill.com is going public and seeking $100 million for its float. Two unnamed sources told Business Insider at the time that Bill.com had been meeting with bankers ahead of its filing, though they noted that the company had not yet decided on a timeline to go public.

Cross-Border Payments 40

Cross-Border Payments Cross-Border Payee Payer 40

PYMNTS

DECEMBER 21, 2020

This means businesses can gain a lifeline during the pandemic by making use of their available credit to delay major expense payments for up to 60 days on payments to over 100 countries. CardUp, Ramsay said, does not require the supplier to be onboarded onto CardUp or have any technical integrations or payment gateways set up.

Commercial Card 70

Commercial Card Cross-Border Payments Cross-Border B2B 70

PYMNTS

SEPTEMBER 19, 2019

This week, Mastercard announced plans to modernize its B2B payment ecosystem with Mastercard Track. The Mastercard Track Business Payment Service is said to be the first global open-loop commercial service created to automate payments between the world’s buyers and suppliers.

B2B 53

B2B Innovation Real Time Payments Same Day ACH 53

PYMNTS

DECEMBER 18, 2019

However, friction breeds opportunity for innovation, with traditional financial service providers and FinTech firms stepping in to tackle businesses’ biggest payment pain points. Corporate payments aren’t just about sending funds from one business to another, though. . ” Payer Pain Points.

B2C 52

B2C PayPal Cross-Border Cross-Border Payments 52

PYMNTS

MARCH 16, 2016

Foreign currency payments firm Midpoint got a bit closer to its small business accounting partner, Xero, this month when it revealed that not only had they extended their collaborative ties but that Midpoint would also be adding a “Pay Now” button to invoices sent through Xero. Direct Competition. It’s just a natural progression.”.

Commercial Card 42

Commercial Card Online and Mobile Banking Payments Payer 42

PYMNTS

DECEMBER 12, 2019

12) from initial public offering (IPO) land for Bill.com, the business payments platform that just went public , pricing its shares at $22, seeking to raise more than $200 million. So far, so good. That’s the theme Thursday (Dec. As of early Thursday afternoon, those shares were up to $35 on the first day of trading.

B2B 52

B2B Cross-Border Payments Cross-Border Payments 52

PYMNTS

JUNE 5, 2018

When Sage announced the collaboration late last month, the company also highlighted its own research, which found small businesses can waste up to 120 days on administrative tasks and up to 15 days on chasing late payments. But change is happening.

B2B 46

B2B PayPal Payments Payee 46

PYMNTS

JUNE 11, 2020

A growing point of B2B payments friction in the cross-border transaction space lies in the management of payment instructions.

B2B 52

B2B Payee Cross-Border Small Business 52