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Same Day ACH An Opportunity For Suppliers, Analysts Say

PYMNTS

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. These companies must first communicate with their corporate customers to see whether receiving funds via Same Day ACH is even an option.

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OnDeck Launches Same-Day ACH Service For SMB Borrowers

PYMNTS

Small business lending platform OnDeck is accelerating access to capital for its users through the launch of a same-day funding option. And with our Same-Day ACH service, we have demonstrated again our commitment to relentlessly innovating on behalf of small businesses to provide our customers with faster service.”

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Why Faster Payments Isn’t The Answer To Accounts Receivable Delays

PYMNTS

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. As Rimilia expands into the U.S., “We see faster payments coming into the U.S. “It actually caused problems before it solved them.

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Corcentric Joins The B2B Payments Game

PYMNTS

In the context of the rollout of Same Day ACH, as well as new research that found companies have actually increased their use of the paper check in the last three years, the payment rail choice isn’t always easy. The data makes that glaringly clear. There’s a lot of friction between suppliers and customers.”

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NEW REPORT: B2B Banking’s Tech-Driven Future

PYMNTS

Despite new technological developments, the majority of B2B payments are still made by check, with 51 percent of payments still coming in on good old non-cash paper stock. But the industry’s reputation for being old-school could have reason to change soon.

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Deutsche Bank Links Faster Payments To Faster FX Management

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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.

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Real-Time Payments Driving Real-Time Liquidity: Deutsche Bank

PYMNTS

In its latest report, “ Preparing for real-time liquidity ,” Deutsche Bank acknowledged that the value caps on schemes like Faster Payments and Same Day ACH limit the applicability of these trends for corporate payers. Yet, as these caps rise across the globe, treasurers are likely to see disruption.