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Convincing The Nay-Sayers Of Real-Time Payments’ Potential

PYMNTS

.” In other words, it’s not just the fact that real-time payments capabilities are faster that makes them so attractive to corporate payers. Ensuring that transaction is accurate is also a significant benefit for the corporate payer. McShirley said this could help reduce the headache of non-sufficient funds cases.

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Virtual Cards Drive Consumerization Of B2B Payments

PYMNTS

Just like in consumer payments, card acceptance is ubiquitous across the merchants at which employees need to make payments. One factor behind T&E as an early adopter of virtual cards has been universal acceptance.

B2B 91
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When Instant Payments Are Just Payments

PYMNTS

And as promising as things are in the early stages, there’s work to be done before instant becomes ubiquitous. That will play out as optionality, and payers are starting to think about what those options will be. As instant becomes ubiquitous, FIs will have to say goodbye to some sacred cows of banking. Making Money Fast.

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Wyre Chatbot Enables China-US B2B Payments

PYMNTS

The chatbot can understand information regarding the location of a payer, currency, value and invoice numbers and can facilitate the sending of those invoices by Chinese suppliers to overseas business customers. Reports said 100 companies are currently using the solution, with 500 more lined up.

B2B 46
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FPC Work Groups: Exploring QR Codes for Faster Payments

Faster Payments Council

That kind of flexibility speaks to the payer, making it frictionless and creating a consistent experience. And, because you can place a QR code on anything—from a utility bill to a food truck—you're able to simplify the payment interaction.

FPC 68
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Will PSD2 Increase Authorised Push-Payment Fraud?

FICO

While PSPs don’t need to report ‘payer acting fraudulently’ — also known as first-party fraud — they are required to report fraud that involves ‘manipulation of the payer,’ in other words authorised push-payment fraud. Getting Ready to C0mply. A further layer of complexity is added when real-time payment schemes are considered.

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Ingo Money CEO On The Pull Behind Push Payments

PYMNTS

But there is also growing interest from traditional paper check payers like those in the government, health care and insurance sectors. The early adopters of push payments, said Edwards, have been “the new economy guys who never issued a [paper] check” and who have digital relationships with their customers, such as Uber.