PYMNTS

MARCH 18, 2020

.” While COVID-19 may jumpstart some conversations about organizations’ abilities to adopt electronic payments and cloud-based financial processes, digitization is not the silver bullet to process inefficiencies, whether it’s during a pandemic or not. Lockbox Data Headaches. Automating Lockbox Data – And Beyond.

Lockbox 80

Lockbox Reconciliation Checks Automation 80

PYMNTS

AUGUST 9, 2017

8) that it is rolling out an Integrated Payables application, a cloud-based, bank-agnostic tool that supports electronic payments in AP. The platform supports virtual accounts, ACH, network settlements, EFT and check payments and aims to boost transparency and control over supplier payments. The firm said Tuesday (Aug.

ACH Network 43

ACH Network B2B Reconciliation Volume 43

PYMNTS

JANUARY 24, 2020

One problem when implementing new payment software or systems is that other departments may lag in similar efforts. All parties involved in sending or receiving disbursements must be able to easily share payment data to speed payouts to residents and ensure security. Forty-four out of the 50 U.S.

Instant Payments 52

Instant Payments Governance Government Direct Deposit 52

PYMNTS

APRIL 12, 2016

The company published its analysis on the role of virtual cards in the nonprofit sector, “The Nonprofit CFO’s Guide to Virtual Credit Cards,” last week, exploring how a sophisticated payment tool like the v-card can be particularly valuable to this breed of business.

Commercial Card 40

Commercial Card Credit Cards Reconciliation Payments Tools 40

Stax

FEBRUARY 26, 2024

Every business operates differently, but the one thing they all have in common is that every business accepts payments. New payment tools like NFC contactless payments that help your business grow and provide a high-quality customer experience are in high demand. What Are the Benefits of Using Stax Contactless Solutions?

Credit Cards 88

Credit Cards Payment Gateways Gateways Point-of-Sale (POS) 88

PYMNTS

MAY 12, 2020

Paper checks have long been the bane of many accounts payable (AP) and accounts receivable (AR) departments, but the workflows associated with the payment method are familiar, and often even preferred. They’re foundational, and a lot of people still like using them,” he said.

B2B 52

B2B Same Day ACH FedNow Federal Reserve 52

PYMNTS

MARCH 6, 2019

By bringing Nvoicepay into the fold, FLEETCOR can expand its supplier acceptance and onboarding services to a range of payment tools, including ACH. Addressing issues of bottlenecks and workflow inefficiencies is another area of corporate payments in need of improvement, Adams noted.

B2B 56

B2B Addressing ACH Operator ACH Operations 56

PYMNTS

JANUARY 30, 2017

In an age of an unprecedented threat, business leaders need to mitigate risk by developing C-suite strategies and plans for data breach prevention, protection and resolution.”. 2 businesses are joining together to protect government payment data: Mastercard and Oversight Systems.

Data Security 54

Data Security Government Governance Data Breach 54

PYMNTS

JULY 24, 2018

“It also includes new options such as PayPal , mobile payments and more.” ” However, the variety of payment tools has added a new layer of difficulty in consolidating and streamlining financial systems like ERPs. “Speeding up payments is only part of the equation,” he said.

Payments 40

Payments Faster Payments Payments Data Acquirers 40

PYMNTS

NOVEMBER 1, 2018

Separately, Crédit Agricole ’s Italian operations brought instant payments to current account activity through partnership with SIA. The faster payments tool will allow businesses to make payments of up to €15,000 ($17,058 USD) no matter the time of day. The service went live in Hong Kong last month.

Real Time Payments 57

Real Time Payments Faster Payments eWallet Payments 57

PYMNTS

DECEMBER 17, 2019

Paper checks are gradually shrinking their market share in the B2B payments landscape, yet the outdated payment tool remains in-use for up to 80 percent of businesses in the U.S., noted PYMNTS in a previous Faster Payments Tracker. Today, there are two key methods for how a company can address the pain point of checks.

ACH 52

ACH B2B Third-Party Service Provider ACH Processing 52

PYMNTS

DECEMBER 5, 2019

Particularly as enterprise digitization progresses, payment data will become ever more important to reconciliation and accounting, and as Leavitt explained, ACH and checks cannot always provide the volume and quality of remittance data that cards can. And yet, suppliers remain skeptical of card acceptance.

Faster Payments 53

Faster Payments Commercial Card ACH Payments 53

PYMNTS

AUGUST 10, 2016

Payments tech firm NetCents revealed a new partnership with The Vanbex Group , owners of blockchain payments tool Genisys, to help banks in Canada implement the distributed ledger technology. The payment side of things is great, but I think there are bigger things going on in the clearing side.”

ACH 49

ACH Cross-Border Payments Blockchain Cross-Border 49

PYMNTS

SEPTEMBER 10, 2019

Speaking with Karen Webster just ahead of the launch of Visa B2B Connect earlier this summer, Phalen noted the functionality under the hood of B2B payment tools is just as important as what lies on the surface.

B2B 59

B2B Cross-Border Payments Payer 59

PYMNTS

APRIL 26, 2019

For now, the biggest issue in getting more use of such a digital payments tool — of getting more buy-in from people who are likely under severe emotional strain — for many payments and commerce platforms, including those engaged in the sharing economy, is trust. Role Of Trust.

P2P 46

P2P Payments Funds Transfer Digital Payments 46

Stax

MARCH 6, 2024

By the end of this guide, you’ll have `a clear overview of its operational framework, strategic benefits, best practices, and advanced strategies to maximize this powerful, rapidly rising payment tool. This includes encryption and tokenization of payment data, secure storage practices, and regular security audits.

Best Practices 88

Best Practices PCI DSS Payment Gateways Gateways 88

PYMNTS

NOVEMBER 14, 2019

.” He added that data is at the heart of promoting card acceptance in the law arena, particularly when it comes to the ability of Level 3 data collection to lower interchange fees for law firms. ”

Laws 40

Laws API Payment APIs and Integration Legal 40

Stax

DECEMBER 20, 2023

For example, if you have a project management app, then you can add payment features that allow people to use your software to take payments from their clients. Adding payments to your suite of features and offerings enables you to provide more value to your users.

Underwriting 88

Underwriting Process Enrollments Payment APIs and Integration 88

PYMNTS

MAY 7, 2020

Although a recent uptick in B2B payments innovation has accelerated corporates’ migration away from the paper check, old habits die hard, and the legacy payment tool remains a mainstay in the accounts payable (AP) department.

Checks 67

Checks B2B Payment APIs and Integration Remote Deposit Capture 67