Fintech Finance

JULY 24, 2024

In his role at BNY, he is responsible for the Treasury Services commercial platform, delivering Payments, Trade & Cash Management solutions to clients globally. Carl also represents BNY on the Board of Directors for Nacha and The Clearing House Payments Company. Carl brings a wealth of experience and expertise to the FPC.

Faster Payments 97

Faster Payments FPC FedNow RTP 97

PYMNTS

AUGUST 3, 2017

A report released by the Federal Reserve last month revealed news that checks and ACH surpassed use of credit and debit cards among business payers, while separate data from NACHA released in June found cards make up just 11 percent of all B2B payments.

Cash Management 43

Cash Management Commercial Card Push-to-Card B2B 43

PYMNTS

MARCH 23, 2017

Receivable Savvy, an accounts receivable and order-to-cash management firm, wants suppliers to see Same Day ACH as an opportunity to bolster cash flow. Taking advantage of Same Day ACH, the company noted, also means understanding how NACHA will roll out the technology. According to NACHA, between Sept.

Same Day ACH 54

Same Day ACH ACH NACHA B2B 54

PYMNTS

FEBRUARY 19, 2019

When NACHA first released its Same Day ACH capability, only about 6 percent of the first 2 million transactions made in the service’s first 11 days were B2B payments. With faster payments functionality beginning to take off in the U.S., In the U.K.,

Faster Payments 75

Faster Payments Accounts Remittance Data Same Day ACH 75

PYMNTS

MARCH 6, 2018

Also, companies are increasing primary cash management relationships, and accounts receivable (AR) departments are still seeing commercial credit and debit card payments. 20 percent | Portion of surveyed professionals who said they had increased the number of primary cash management banks with which they’re working as of last year.

Risk 40

Risk NACHA Cash Management Debit Card 40

PYMNTS

SEPTEMBER 4, 2018

Deutsche Bank’s report also pointed to liquidity management, investment, and cash application as some of the processes that benefit from faster payments and access to transaction data in real-time.

Faster Payments 40

Faster Payments Same Day ACH Real Time Payments Treasury 40

PYMNTS

APRIL 5, 2019

local time, as per National Automated Clearing House Association (NACHA) caps, as long as small businesses complete their booking or line of credit draw by 10:30 a.m. OnDeck said the new solution not only accelerates access to capital, but can also provide greater predictability for enhanced cash flow management.

Same Day ACH 43

Same Day ACH ACH Small Business NACHA 43