article thumbnail

Business Travel Company Ayruu and Edenred Payment Solutions Revolutionise Travel Expenses With Embedded Payments

Fintech Finance

As well as quicker settlement times and improved cash flow management, Ayruu will also benefit from the added security of single-use Virtual Card Numbers (VCNs) and spend controls to mitigate the risk of fraud in online payments.

article thumbnail

Mastering Your Business with Accounts Payable Reports

Nanonets

Limit access to sensitive accounts payable information to maintain security. Enhancing Accounts Payable Processes through Automation and Reconciliation In addition to automation, businesses can enhance their accounts payable processes by integrating reconciliation practices.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Future Of Payments Beyond The Pandemic

PYMNTS

But the renewed focus on security and dispute resolutions is a critical factor as McCarthy noted, “there’s a whole raft of merchants that are 20 years behind the curve that have quickly had to go online” and take transactions done in bits and bytes. Hajimusa stated that it’s important to differentiate between security and privacy.

article thumbnail

Making International Supply Chain Money Move Faster

PYMNTS

“Because of the multicurrency aspect of our account, it also [means] the artist could … receive [her] revenue in the currency of the area [she is] in.”. These clients can then make individual or batch payments from each sub-account. They can manage multiple accounts to one interface,” Jamieson said.

article thumbnail

Nexus Explores Unexpected Challenges Of Faster Supplier Payments

PYMNTS

. “A typical real estate customer will have multiple banking relationships, hundreds of checking accounts, multiple integration packages and they want to provide multiple payment types to suppliers.” Plus, the security associated with virtual cards far surpasses that of paper checks.

Checks 53
article thumbnail

How Does Merchant Underwriting Work?

EBizCharge

Merchant underwriting is an essential component of the payment processing industry, ensuring the safety and security of electronic payments. Merchant underwriting is the process of evaluating a business’s risk before providing it with a merchant account to process electronic payments.

article thumbnail

Happy First Birthday FedNow: But is This a Cause For Celebration?

The Fintech Times

Both offer similar services, but FedNow participants can transfer funds from their Federal Reserve master account, which means they have an extra pool of resources for liquidity management. “Banks have a difficult choice between TCH’s RTP network and the new kid on the block, FedNow.

FedNow 59