PYMNTS

AUGUST 24, 2016

From Same Day ACH to paycard controversies , a few recent news stories have placed payroll in center stage. New research from payments technology firm Hyperwallet is placing data behind the need for employers to come through on payday. Industry experts agree.

Faster Payments

PYMNTS

APRIL 24, 2018

Even as payments accelerate, as FinTech advances and as cash flow management solutions become more sophisticated, employers continue to adhere to the every-other-week paycheck. Today, this payroll schedule means an estimated 70 percent of employees in the U.S. Barha said he is “absolutely” watching the real-time payments space.

Payroll

PYMNTS

NOVEMBER 17, 2017

But as more FinServ players explore B2B payments use cases for faster payments initiatives, like the U.K.’s s Faster Payments scheme , some are beginning to realize that, when it comes to corporate payers, real-time payments capabilities can offer more than speed. Take payroll, for example.

Faster Payments

PYMNTS

MAY 4, 2016

In this month’s Faster Payments Tracker™ , powered by NACHA, payment providers, in efforts to keep up with modern behavior, are looking for new ways to streamline and quicken financial processing. Here’s a sneak peek: The ultimate goal, Waterhouse said, is ubiquity – namely, to make real-time payments mainstream.

Faster Payments

PYMNTS

DECEMBER 20, 2017

So, if paychecks are confusing for employees, consider how much more complex they may seem to a small business (SMB) owner who has spent his or her entire professional life on the receiving end of payroll. Payroll itself is a pain point” for small businesses, he recently told PYMNTS. In the U.S. In the U.S. and Canada.”.

Real Time Payments

PYMNTS

OCTOBER 12, 2020

There is no dearth of faster payments initiatives — and no certainty that there will be one faster payments scheme to rule them all. If they have a big order and need to be paid immediately, it could come in that way [through instant payments]. Digital Dollars, Too? .

Instant Payments

Finovate

SEPTEMBER 27, 2024

First up, we head over to Toronto, Ontario, where embedded payroll software company Nmbr has secured $5.6 “We’re incredibly grateful for our investors’ support and their confidence in our mission to empower businesses across the country with embedded payroll solutions,” Nmbr Co-Founder and CEO Simon Bourgeois said.

Embedded Finance

PYMNTS

AUGUST 8, 2019

The Federal Reserve’s planned faster payments service, the FedNow Service, is slated to have an impact on the speed with which paper checks are processed, adding a new twist to the U.S.’s s path toward faster, digital payments. Keeping Checks In B2B Payments.

FedNow

PYMNTS

NOVEMBER 18, 2020

Fifth Third’s Chayt said the need for speed might have gotten real-time payments initiatives off the ground, but that’s just a starting point. economy is proving to be a tailwind for faster payments and processes. That said, the U.S.

Real Time Payments

PYMNTS

SEPTEMBER 9, 2016

With the Same Day ACH rollout coming in just two weeks and other faster payments initiatives taking off, financial institutions are taking significant steps to ensure the transition to a faster processing environment, including improving their payment security platforms to keep fraudsters at bay. Risky Business.

Same Day ACH

PYMNTS

SEPTEMBER 16, 2020

The companies added that their partnership represents a "new dynamic" in small business banking, which enables direct data integration with small businesses' back offices as well as access to real-time payments via the U.K. Faster Payments and BACS schemes. Eedenbul Secures PSD2 License.

Cross-Border Payments

PYMNTS

MAY 3, 2019

Turnbull told PYMNTS that he doesn’t agree with the sentiment that faster payments don’t have a place in the corporate and small business payments space, particularly when moving money across borders. “I think the speed of payment is incredibly important,” he said.

Global Payments

PYMNTS

FEBRUARY 13, 2018

ANZ Bank, meanwhile, is waiting to roll out its real-time payments capabilities as it continues “rigorous testing” of the tool. A spokesperson for the bank told the publication it would be making an announcement in the coming weeks about its faster payments offering.

Real Time Payments

PYMNTS

JULY 25, 2018

While the conversation may be dominated by corporates’ ongoing use of paper checks, one would be hard-pressed to find a company that uses only paper checks for everything — payroll, AP and so on.

ACH

PYMNTS

JULY 27, 2018

The company also has its finger on the pulse of faster payment initiatives that are making headway in the U.S., With the focus growing on SMB financial services, entrepreneurs could emerge as a driving force behind the adoption of open banking and faster payments in the U.S.

Same Day ACH

PYMNTS

JULY 4, 2018

PYMNTS takes a look back at some of the most popular B2B payments stories of the year so far. February’s announcement that Visa would acquire long-time expense management partner Fraedom was the latest in a string of B2B payments initiatives for the credit card company. On-demand payroll is big,” Krikorian told PYMNTS. “It

B2B

PYMNTS

JULY 25, 2016

As has been much documented, Europe has embraced the payments initiative, which expands messaging capabilities and has as its central core tenet standardized (but flexible) messaging across FX, transactions and payments rails. water’s edge, to borrow a phrase from politics. Temporarily.

ISO 20022

PYMNTS

DECEMBER 27, 2016

They include incoming legislation on tax reform, the Affordable Care Act, immigration reform and initiatives impacting SME government contractors. But there are finance and payments issues that made the top 10 list, too. Changes in payroll card rules, as well as in minimum wage laws, are impacting SMEs across certain states.

Regulations

PYMNTS

DECEMBER 22, 2016

are eyeing incoming regulations likely to impact their businesses, and small business payroll and HR firm Paychex has identified the legislation about which SMEs are most concerned. Though, there are several payments-related issues that SMEs are watching for the year ahead. SMEs in the U.S.

Regulations