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Orum Teams Up with Visa Direct to Launch Faster Payments

Fintech Finance

Orum , which transforms payment technology for businesses by revolutionizing payment speed, certainty, and payment rail orchestration, has announced it will now offer U.S. customers real-time1 fund transfers to and from bank accounts via debit card with its Deliver API solution, powered by Visa Direct.

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Live Oak Bank Implements Finzly’s Fedwire Solution

Finovate

Payment and financial solutions provider Finzly announced this week that Live Oak Bank has enhanced its commercial and small business banking services by implementing Finzly’s Fedwire solution. It is the main network in the US used by businesses and government agencies for large and/or time-critical payments.

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B2B’s Summer Of Faster, Integrated Payments

PYMNTS

For B2B payments, this summer was a season of technological progress. In another collaboration with Mastercard this summer, the PYMNTS B2B Payments Automation Innovation Playbook similarly revealed that the demand for AP automation is on the rise. Faster Payments. Elevating the Commercial Card.

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Fed Tackles Fraud On Legacy Rails As New Infrastructure Gains Traction

PYMNTS

New payments infrastructure continues to gain traction with financial service providers looking to modernize their services for business clients. The Clearing House’s RTP finds expansion within the community bank arena, while abroad, the Bank of Thailand is planning its own infrastructure development to accelerate B2B payments.

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Narmi’s Co-Founder Nikhil Lakhanpal?—?building an API-driven digital banking platform

Wharton Fintech

Narmi’s Co-Founder Nikhil Lakhanpal — building an API-driven digital banking platform In today’s episode, Kailee Costello hosts Nikhil Lakhanpal , Co-Founder at Narmi. There are many integrations, there are many pieces of functionality you can add on. What’s your next loan payment due? So obviously, it gets way more complicated.

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Cloud Payments, API Economy Drives Business Advantage For Banks

PYMNTS

If the pandemic has taught banks anything, it’s that corporates need to offer a range of payment methods to their customers — whether those customers are consumers (for B2C transactions) or enterprises ( B2B ). Morgan , said financial institutions (FIs) need to offer those firms payments functionality on demand. It's not about cloud.

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Today In Payments: Fed Plans New Facility For SMB PPP Loans; SBA Computer Crash Tangles PPP Loan Process

PYMNTS

Fed Plans New Facility For SMB PPP Loans. The new facility — which will be announced by the Fed this week — will enable lenders to extend additional loans backed by the Small Business Administration (SBA). Safaricom, Vodacom Acquire M-PESA Payments Platform. Banking APIs Give Businesses An eCommerce Push.

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