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How Cannabis Can Become A B2B Payments Innovation Influencer

PYMNTS

Speaking with PYMNTS, Muller highlighted the opportunity that the cannabis space has to adopt payments and other financial technologies that have leapfrogged over legacy solutions. At the same time, the tool introduces other value-adds on top of legacy payment tools, including ensuring sufficient funds in a sender’s bank account.

B2B
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How Government Agencies Can Find A Disbursement Method Middle Ground

PYMNTS

It is crucial for government agencies and regulators to analyze how mobile and other emerging payment tools are truly being used before they are implemented as part of their disbursement systems, she noted. Failing to do so could lead to even more financial harm if the proper precautions are not taken.

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How New B2B Payment Models Tackle The Buyer-Supplier Conflict

PYMNTS

Corporates want to delay payment as long as possible in order to better manage cash flow, while suppliers are pressed to accelerate accounts receivable to strengthen their own cash positions. A variety of B2B payment tools have stepped up their efforts to address this friction. The Rise Of BNPL.

B2B
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Radius Bank: Virtual Debit, Mobile Tools Help Banks Fight Debit Fraud

PYMNTS

Financial institutions (FIs) and payment players are now facing questions not only about how they can satisfy their customers after long months of constant change but also about which of these changes will remain once the health crisis has passed. The report also found that P2P payment app adoption is growing.

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Sephora: The Key To Omnichannel Commerce Is Options, Options, Options

PYMNTS

Offering emerging payment tools and enabling consumers to apply them across multiple channels is key to developing a robust omnichannel experience for these shoppers. We are seeing some nice upticks in categories [in which] maybe a client would have thought twice about making the purchase before … like fragrance.

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Credit Unions Find Opportunity In Payments Disruption

PYMNTS

These three concepts drive CULedger’s roadmap, with the latest initiative being its CUPay solution, designed to work with existing infrastructure and streamline payments between credit unions. ” Credit unions must have access to both legacy and emerging payment rails to meet changing needs among end users.

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How AR Can Usher The Legacy Lockbox Into The Digital Age

PYMNTS

In the flurry of payments innovation, it can be difficult to remember that legacy tools remain commonplace, especially in corporate payments. 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.