Remittance Data and Research

Nearly Half of All Cross Border Payments Will Be Instant by 2028 Reveals Juniper Research

The Fintech Times

FEBRUARY 5, 2024

The adoption of digital payments is rapidly developing markets to the point that the value of B2B payments are set to grow by 40 per cent by 2028, from $89trillion in 2024 according to research from Juniper Research , the market research firm. This was restricting digital access and innovation.

Cross-Border Payments

Cross-Border Payments Cross-Border ISO 20022 Research

B2B Payments Drive Instant Payments, Crypto Innovation

PYMNTS

SEPTEMBER 29, 2020

Separately, research finds B2B payments as the key driver behind surging instant payments volume in the years ahead. According to a new report from Juniper Research , Western Europe is a world leader in this market and will continue to drive adoption of instant payments, according to the report.

Instant Payments

Instant Payments B2B Innovation ISO 20022

One Inc Launches Advanced 835 Remittance Solution, Enhancing Provider Payment Efficiency in Workers’ Compensation and Beyond

Fintech Finance

JUNE 3, 2025

The enhanced ERA functionality within ClaimsPay enables insurers to effortlessly generate and distribute standardized 835 remittance files directly to hundreds of thousands of providers’ Revenue Cycle Management (RCM) systems. healthcare system, driven by fewer errors, faster processing times, and streamlined administrative tasks.

Remittance Data

Remittance Data Reconciliation Payment Reconciliation Correspondent

B2B Check Use Rising Despite Approach Of Same Day ACH

PYMNTS

SEPTEMBER 21, 2016

20), researchers found a 1 percent increase in the use of paper checks for B2B payments compared to 2013 levels. The vast majority of companies (94 percent) said it is important that faster payments are also “smart,” with the ability to carry remittance data.

Same Day ACH

Same Day ACH ACH Checks B2B

How Inefficient B2B Payments Systems Hobble Business Growth

PYMNTS

JANUARY 21, 2019

This is particularly true for small and medium-sized businesses (SMBs), most of which are anticipating revenue growth in the year ahead, according to JPMorgan Chase research. That might mean discovering a segment of vendors that are ripe for virtual card payments or integrated remittance data. A Holistic View.

B2B

B2B Remittance Data Payments Process

Moving Data With Money The Key To Faster KYC: identitii

PYMNTS

OCTOBER 26, 2018

In an earlier interview with PYMNTS, Ben Peters, chief operating officer at insurance payments solutions company VPay, said a lack of remittance data may be partially to blame for ACH’s lack of ubiquity. While Real-Time Payments services ranked second, researchers noted that “RTP and data availability goes hand in hand.”

Remittance Data

Remittance Data ACH Request for Information RTP

How Small Businesses Ride Their Payment Rails

PYMNTS

NOVEMBER 5, 2018

New data has emerged about how SMBs use other payment rails , including cards and wire transfers. The Clearing House and the Federal Reserve surveyed 381 corporate decision-makers about their use of wire payments, finding that corporates are demanding a more streamlined way to send and receive remittance data along with their wire transfers.

Small Business

Small Business Same Day ACH Wire Transfer NACHA

Discover To Power Payments On JAGGAER Procurement Platform

PYMNTS

OCTOBER 1, 2019

The vendors, meanwhile, can have access to more detailed remittance data. At the time, Discover pointed to C+R Research it had commissioned, which found expense management remains a top concern for small businesses in the U.S.

Commercial Card

Commercial Card Remittance Data Payments Reconciliation

Chase, AFP Applaud B2B’s Shrinking Check Use

PYMNTS

SEPTEMBER 12, 2019

PYMNTS research released last October in the “ Bringing Corporate Payments Out of the Dark Ages ” webinar revealed 64 percent of B2B payments are made with checks, despite consumer payments’ acceleration toward electronic tools. The paper check continues to be a prominent — and, in many cases, dominant — payment method in B2B transactions.

AFP

AFP Checks ISO 20022 Cross-Border

Where APIs Fall Short On Corporate Finance Integration

PYMNTS

JANUARY 25, 2019

At the same time, new research has suggested that these integrations are imperative, particularly as they relate to the way companies are doing business with their partners and suppliers. With organizations surveyed by IDG estimating that they spent an average of $3.5

API

API Payment APIs and Integration Finance Facilitators

Viewpost, Visa Partner For V-Card Push Payments

PYMNTS

MARCH 28, 2017

Research from Receivable Savvy released last year found that, while 63 percent of supplier said they would like to be paid electronically, just 9 percent said they prefer payment in commercial card. Among the biggest hurdle is suppliers that don’t accept cards as payment.

Push-to-Card

Push-to-Card B2B Payments Commercial Card

How Email, Checks Sabotage Faster Supplier Payments

PYMNTS

JULY 21, 2017

The newest research from Receivable Savvy , a company working to educate suppliers on accounts receivable (AR) best practices, finds that getting paid faster is the number-one priority among suppliers today when it comes to how they issue invoices. “But a lot of suppliers are what we consider old school.

Checks

Checks ACH Payments Same Day ACH

Moving Beyond Silos For AR Management

PYMNTS

APRIL 1, 2016

In fact, having to manage and support multiple platforms and legacy systems cost businesses in the United States alone upward of $1 billion annually, as noted in a 2014 study by ACI Worldwide and Wiese Research Associates.

Remote Deposit Capture

Remote Deposit Capture Lockbox Remittance Data Compliance

Why Blockchain Holds Promise For Cross-Border Payments

PYMNTS

JULY 1, 2019

Blockchain has potential to securely transmit remittance data along with payments in cross-border B2B transactions, enable companies to use smart contracts to enforce business agreements in B2B trade and mitigate the risk of fraud in supply chain transactions. He added, “The hype has started to die down.

Cross-Border Payments

Cross-Border Payments Cross-Border Blockchain SWIFT

Blockchain’s Real-Time Payments Use Case

PYMNTS

JUNE 26, 2019

That’s the story told by Oscar Roque, AVP of innovation, research and emerging solutions at Canadian payments network Interac , in a new PYMNTS interview. As Interac has shown, use cases are out there, and more research and validation is on the horizon.

Use Case

Use Case Real Time Payments Distributed Ledger Technology (DLT) Blockchain

Payments Space

Nearly Half of All Cross Border Payments Will Be Instant by 2028 Reveals Juniper Research

B2B Payments Drive Instant Payments, Crypto Innovation

Trending Sources

One Inc Launches Advanced 835 Remittance Solution, Enhancing Provider Payment Efficiency in Workers’ Compensation and Beyond

B2B Check Use Rising Despite Approach Of Same Day ACH

How Inefficient B2B Payments Systems Hobble Business Growth

Moving Data With Money The Key To Faster KYC: identitii

How Small Businesses Ride Their Payment Rails

Discover To Power Payments On JAGGAER Procurement Platform

Chase, AFP Applaud B2B’s Shrinking Check Use

Where APIs Fall Short On Corporate Finance Integration

Viewpost, Visa Partner For V-Card Push Payments

How Email, Checks Sabotage Faster Supplier Payments

Moving Beyond Silos For AR Management

Why Blockchain Holds Promise For Cross-Border Payments

Blockchain’s Real-Time Payments Use Case

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