PYMNTS

SEPTEMBER 26, 2016

Using FIS-run PayNetExchange to process ACH, checks and virtual cards and using Comdata to issue Mastercard commercial cards, Corcentric pulls in payment capabilities across a range of rails to support the last mile of the B2B transaction. But there’s more to choosing a payment technology than supplier acceptance.

B2B 65

B2B Same Day ACH ACH Commercial Card 65

PYMNTS

MARCH 6, 2018

Commercial cards make up just a fraction of the supplier payments space, but the rise in virtual card technology – and the efficiency and security that come along with it – could help card issuers grab a larger slice of the B2B payments market. One-time use makes cards very secure and less susceptible to fraud.

ACH 46

ACH NACHA Commercial Card B2B 46

PYMNTS

AUGUST 3, 2017

Accounts payable company MineralTree just gave a big show of support for commercial cards when it announced this week it is partnering with American Express (Amex) to offer companies an integrated platform to support supplier payments via virtual commercial card. But the hurdle of card adoption persists.

Cash Management 43

Cash Management Commercial Card Push-to-Card B2B 43

PYMNTS

AUGUST 25, 2018

53 percent of professionals told Capital One their firms aren’t using mobile apps to view or manage commercial card transactions , or to submit travel expenses, resulting in a gap in the market for commercial card and corporate payment companies.

Small Business 45

Small Business Commercial Card NACHA Finance 45

PYMNTS

OCTOBER 11, 2016

But ACH is already a top rail for B2B payments: NACHA released figures earlier this year that found $41.6 Sure, there are other payment rails, like commercial cards, that can provide this kind of payment visibility to the corporate buyer.

ACH 75

ACH B2B Commercial Card ACH Network 75

PYMNTS

JUNE 19, 2018

North America accounts for about 60 percent of the global card market, according to analysis from ResearchAndMarkets.com released earlier this year, while the American Banking Association found in April that about 70 percent of Americans have at least one credit card. percent by the end of the decade. .”

Commercial Card 40

Commercial Card Data Breach Credit Cards B2B 40

PYMNTS

AUGUST 3, 2016

In 2014, NACHA revealed that it initiated collaborations with health care companies to help the industry adopt ACH payments. Reports pointed to buyer-initiated payment (BIP) programs as an increasingly popular way hospitals are looking to digitize their AP processes and support electronic bank transfers.

Checks 40

Checks B2B NACHA Treasury Management 40

PYMNTS

JUNE 12, 2017

This report, however, suggests that not only is ACH most preferred, but it is viewed as the most efficient payment method; 80 percent of banks surveyed in the report said they support NACHA as their standard payment origination offering.

Payer 60

Payer ACH FinTech Push-to-Card 60

PYMNTS

MARCH 14, 2018

It undeniably takes a page from credit cards’ book, but according to data from NACHA and the Credit Research Foundation released last year, credit and debit cards currently make up just 11 percent of payments received by accounts receivable departments in the U.S.

B2B 40

B2B Payments Small Business Credit Cards 40

PYMNTS

JULY 27, 2017

In an often-cited report released by NACHA last month, accounts receivables executives said they are gearing up for ACH payments to over take paper checks when it comes to how their business customers pay.

ACH 40

ACH Checks Payments B2B 40