PYMNTS

JULY 22, 2020

Businesses in lockdown are finding that real-time payments can support the need to move money and execute payments quickly from a remote working environment, he said, while for customers, merchants’ acceptance of faster payment methods supports demand for touchless and online transacting.

Real Time Payments

PYMNTS

SEPTEMBER 22, 2016

But the world is accelerating, so with businesses demanding speed in their business operations and financial services, top financial institutions need to hustle — without stepping out of line with regulations. ” Khosla said. On Tuesday (Sept. And speed is critical.

Regulations

PYMNTS

JULY 10, 2019

Canada is embracing the payments modernization journey, with organizations like Payments Canada driving adoption of faster, more agile payment functionality in the country. Faster Payments. Such visibility enables real-time analysis of risk exposures for more agile FX hedging and risk management.

B2B

Payment Savvy

FEBRUARY 24, 2023

For individuals, real-time payments offer greater flexibility and control over their finances. For example, you can use real-time payments to quickly pay bills or make purchases, even when you are on the go. In fact, research shows that many small businesses fail due to cash flow issues.

Real Time Payments

PYMNTS

MARCH 4, 2020

The digital transformation across any number of verticals — from retail to healthcare — has fostered a consumer mindset that demands deep engagement, speed and convenience. We’re seeing a lot of demand for intelligent cash flow forecasting,” he remarked. And the corporates themselves? The Competitive Landscape.

On-Demand

PYMNTS

NOVEMBER 26, 2020

These longstanding frustrations have recently become more concerning for both parties, however, as the COVID-19 pandemic has made paycheck speed more essential for businesses’ cash flow reconciliation and employees’ bill-paying needs. Real-time payments can improve the efficiency of firms struggling with their cash flows, he added.

Payroll

PYMNTS

DECEMBER 31, 2020

That’s because paper becomes the default method of payment when something goes awry — such as when banking credentials can’t be authenticated or identity cannot be verified. The payments ecosystem, of course, is not and will not be immune to the seismic impact and aftershocks of the coronavirus. According to J.P.

Innovation

PYMNTS

DECEMBER 13, 2018

As the corporate treasurer takes on a more strategic role in the enterprise, treasury and cash management technologies can often be stuck in the past, failing to keep up with financial execs’ needs. Despite the data challenge, pressures on CFOs and treasurers continue to mount. Even so, Turner said U.S. ”

Treasury Management

PYMNTS

JANUARY 14, 2020

The bank is potentially just the payment portion of the broader customer experience,” Imran Haider, executive vice president of open APIs for Wells Fargo , noted in a recent interview with PYMNTS. APIs that improve cash management are in strong demand among Wells Fargo’s business clients. Turning Up the Speed With APIs .

API

PYMNTS

DECEMBER 4, 2019

Recent analysis from Juniper Research found that blockchain-powered cross-border B2B payments are expected to reach a $4.4 This week’s examination of payments rail modernization looks at a range of service providers embracing new rails rather than relying on technology to improve existing ones. HSBC Loops Into RTP.

B2B

PYMNTS

NOVEMBER 18, 2019

HSBC Bank has launched real-time payments capabilities on the RTP network that gives businesses the ability to pay and be paid immediately, the company said in a press release Monday (Nov. Since July 2019, businesses have been able to receive real-time payments. Now, they can also send real-time payments. “As

Real Time Payments

PYMNTS

JUNE 16, 2016

Earlier this month, Dutch B2B payments company PowertoPay announced it had secured certification to incorporate SWIFT’s Alliance Lite2 into its cash management platform. “Not only the payment landscape is changing,” said Nolden, the firm’s CEO, and Huisman, its CCO. .”

Security

PYMNTS

MAY 16, 2016

Between treasury management, accounting, invoicing, cash management and all the other money tools corporates have access to today, it’s a wonder CFOs can keep their heads on straight. But the cloud revolution is upon us and with it comes corporate treasurers’ demand for financial Software-as-a-Service.

Treasury

PYMNTS

MARCH 2, 2020

FinTech innovation has opened the floodgates for a stream of new platforms and products designed to help small businesses and corporates more efficiently manage money and make payments. A Game of Scale.

Accounts

PYMNTS

OCTOBER 1, 2020

David Disque , CEO at CSI , and Amit Patel, head of strategic sourcing and payments at The Witness Group , told Karen Webster in a recent webcast that the coronavirus showed that chief financial officers and treasurers may not have been well-prepared for the demands of shifting to digital payments – but they’re quickly catching up.

Automation

PYMNTS

MARCH 6, 2020

Fiserv, the global FinTech payments firm, announced on Tuesday (March 3) that it has acquired MerchantPro Express to help advance its business’ merchant services division. Trading App Robinhood Sees Large Outage. Trading app Robinhood had a big outage on Monday (March 2). UK Moves Closer to Big Four Accountancy Breakup. Trackers and Reports.

Treasury

PYMNTS

SEPTEMBER 19, 2017

Banks that want to attract and retain this business must continue to invest in updating and ‘connected corporate banking,’ and it is crucial to providing the efficient services corporate clients demand and providing the platform every bank needs to differentiate their service offerings in the future.”.

Innovation

PYMNTS

APRIL 30, 2018

” In a survey of treasurers, cash management professionals, CFOs and other professionals in the treasury department, researchers found that nearly two-thirds of respondents (61 percent) feel they are in a better position this year to combat fraud within their organizations compared to last year. .

Email Compromise

PYMNTS

JUNE 22, 2016

And as one of the largest industries impacting the global economy, the oil and gas sector must push through the pressures of high-volume cash management, regulation and even influences from its own labor force. . Managing both onshore and offshore activity is critical for any sourcing tool in the space, Mullaney explained.

B2B

PYMNTS

DECEMBER 30, 2016

Richard Gilbert, Director, SME Partnerships & Business Development, North America , Payoneer : “First, advanced technology and new functionalities in B2B payments will turn directory marketplaces into transactional marketplaces.”. But this is going to grow in sophistication over time.

ISO 20022

PYMNTS

OCTOBER 31, 2019

It’s a service designed around the ubiquity of the paper check, and with checks still a popular payment tool in B2B transactions, lockbox services remain in high-demand. This leads to greater problems of being unable to analyze customer payment performance or forecast incoming payments based on which invoices remain outstanding.

Lockbox

PYMNTS

SEPTEMBER 8, 2016

Same Day ACH is on the cusp of entering the market, blockchain startups are making their visions a reality with bank partners and the financial services industry as a whole, it seems, is ready to make payments faster and more digital. But in B2B payments, are corporates ready to participate in this new ecosystem?

Same Day ACH

PYMNTS

DECEMBER 24, 2018

Several times throughout the year we offer Data Drivers, where our interviews with payments professionals help the numbers take shape, take on meaning, illustrate trends and even hint a bit at the future. The shift toward labor on demand, so to speak, has garnered no shortage of headlines.

Financial Crimes

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. Late payments can be a problem for any business,” Urry added.

B2G

EBizCharge

MAY 20, 2024

Payment portals NetSuite’s payment portal enables businesses to offer a self-service experience where clients can view their billing history, update payment information, and make payments online. Saved cards can facilitate smoother, faster payments and improve customer loyalty.

Process

PYMNTS

MAY 10, 2017

Another firm, lienwaivers.io, has designed a solution to bridge construction businesses with faster payment capabilities for employee and contractor payouts. ” According to the association, equipment financing is key to cash flow management while allowing SMEs to stay up-to-date with technology they need to be competitive. .

Federal Reserve