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How Governments Navigate ACH Payments Innovation

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As local- and state-level government entities continue to run, it’s not business as usual for the public sector — particularly in the way these entities make and receive payments. It’s been a boon for ACH payments, said Jeff Thorness, president of Forte Payment Systems , a CSG company.

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Innovation Eases The Friction Of Global Payment Rails

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This week’s examination of the latest in payments rails innovation finds financial service providers innovating on top of existing rails to address the friction of ACH, checks and other bank transfer infrastructure. One FinTech, meanwhile, throws blockchain into the mix of legacy rails. Western Union Expands Real-Time Capabilities.

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Europe Ramps Up eInvoice Efforts

PYMNTS

One of those is Italy, where delayed invoice payments in both the private and public sector have raised concerns about business-to-business (B2B) and government-to-business (G2B) payment practices, as well as about the government’s rising debt. ” Other markets in Europe are playing catch-up.

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Visa’s Bill Sheley On What’s Next For Push Payments

PYMNTS

It was in a convergence of these trends that Visa launched its real-time payments solution, Visa Direct , a technology enabling push payments onto recipients’ Visa cards. After all, if there aren’t users to accept payment, then payment senders will have no incentive to use the tech. The Network Opportunity.