PYMNTS

DECEMBER 24, 2020

Some payers had to limit the operations of their mailrooms. These practitioners receive funds more swiftly and securely when the money is delivered via ACH and electronic funds transfers (EFTs), and Schoen said those methods also make it easier to process the associated data.

B2B 102

B2B Electronic Funds Transfer (EFT) Payments Payer 102

PYMNTS

DECEMBER 29, 2020

There is a fundamental need to link complex remittance data — explanation of payment — with the payments being made.”. Some payers had to limit the operations of their mailrooms. The dental sector ultimately stands to benefit from implementing swift, digital processes rather than friction-filled, paper-based ones.”.

Digital Payments 84

Digital Payments Remittance Data Payments B2B 84

PYMNTS

FEBRUARY 19, 2019

is a lack of remittance data, he said. Payments data is often sent separately from the funds, so even if a company receives a payment same day or in real time, information about who sent that payment, and why, still comes on a delay. where he doesn’t see the same type of regulatory pressure on late payers that the U.K.

Faster Payments 75

Faster Payments Accounts Remittance Data Same Day ACH 75

PYMNTS

AUGUST 7, 2018

“The intent of the organization is to help payers better identify [the] payee information they need in order to make electronic payments,” he said in an interview, adding that the directory aims to be “payment agnostic” and support payments made via a variety of rails, including FedWire, ACH, SWIFT, lockbox and, yes, paper check.

B2B 40

B2B Federal Reserve Payee Payer 40