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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. For marijuana businesses, with compliance a critical yet challenging factor, these payment rails don’t always adequately address the needs of the sector.

B2B
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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. The CUPay solution will initially support EFTs — which include ACH transfers and wires — between credit unions.

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APIs Tackle Law Firms’ Collections Conundrum

PYMNTS

“We are seeing more and more payments transition from check or wire to card,” Arnoldi told PYMNTS. On the client end, this of course means the move from ACH and wire to card payments. The Power of Data. “This is a trend that will continue into the future. ”

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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.