PYMNTS

MARCH 6, 2018

NACHA released a survey last year that found while ACH payments currently account for 32 percent of payments received by accounts receivable professionals, the AR industry expects ACH to surpass paper checks by 2020, accounting for up to 45 percent of payments received. percent of payment volume by 2020. “It

ACH 46

ACH NACHA Commercial Card B2B 46

PYMNTS

OCTOBER 10, 2018

” Some of the latest data from NACHA found use of wire payments has risen in the U.S. AscendantFX and Fiserv collaborated on an API module to integrate their solutions, including the company’s Payee Intelligence feature that streamlined collection of payment information.

Wire Transfer 46

Wire Transfer Wire Wires Cross-Border 46

PYMNTS

MAY 31, 2018

It’s almost as if these various players are all speaking different languages, according to George Throckmorton, managing director of NACHA , The Electronic Payments Association, who equated the payments industry to a digital Tower of Babel. The tide is finally beginning to turn, however.

ISO 20022 40

ISO 20022 ISOs Interoperability NACHA 40

PYMNTS

JUNE 5, 2018

Working with PayPal, the company said, could ease friction for both payers and payees in the B2B payment process, encouraging firms to pay their vendors more quickly. “Otherwise, payees can be easily distracted by other tasks and put off paying quickly.” But change is happening.

B2B 46

B2B PayPal Payments Payee 46

PYMNTS

FEBRUARY 20, 2018

Same Day ACH became a reality in 2017 after the National Automated Clearing House Association (NACHA) introduced its faster payments infrastructure to the market. In the U.S., In addition, innovators the world over are exploring how technologies like blockchain could address payments speeds and efficiency on an international level.

Cross-Border Payments 43

Cross-Border Payments Cross-Border International Payments Electronic Funds Transfer (EFT) 43

PYMNTS

FEBRUARY 9, 2017

Payees do not want to release their lien rights until they’ve been paid, and payers are often required to collect these documents to protect themselves and also provide them back to whoever is financing the project.”. The required lien waiver documents can complicate the payment process, he said. About The Tracker .

Faster Payments 48

Faster Payments Payments NACHA Payment Solutions 48

PYMNTS

MARCH 29, 2018

But with an intermediary FinTech facilitating these transactions, Chanda said his customers are less inclined to delay vendor payments, while the transaction itself is less likely to include errors because the payer has handed off the payment process to a specialist.

Checks 43

Checks B2B ACH Payments 43

Nanonets

MAY 30, 2023

 Both payer and payee receive notifications of funds transfer, which makes it a dependable process. There is no possibility of bounced checks or payment reversals because payment can only be made if there is a sufficient balance in the payer’s account. Advantages Transactions are secure and quick.  Both

Payment APIs and Integration 52

Payment APIs and Integration Credit Cards Online and Mobile Banking Payment Reconciliation 52