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Transcard Unveils New Account-To-Account Payments Solution

PYMNTS

Under the new account-to-account payments solution, businesses will now be able to receive an eInvoice any time of the day or night, seven days a week, approve the invoice with a simple click, and then schedule or instantly execute a payment via the Real Time Payment (RTP) network or other service, according to a Monday (Nov. based company.

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The Not-So-Beaten Path To B2B Payments Real-Time Ubiquity

PYMNTS

The Community Approach to Ubiquity. It’s about understanding clients’ needs and problems, and helping to solve for that,” noted Halpin.

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Real Time Heats Up In B2B, While Blockchain Gains Traction

PYMNTS

While Track supports a range of payment rails, Transcard highlighted its support of the RTP network as a key value proposition within the context of B2B eCommerce. Businesses Drive Australia's NPP Adoption.

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Mastercard Embraces Existing Rails To Drive B2B Payments Value

PYMNTS

Often, the payment method replacing paper is ACH payments, a substitution Anderson said will be accelerated by RTP. Driving B2B Payments' Evolution. Slowly but surely, corporates are migrating away from checks.

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Moving Data With Money The Key To Faster KYC: identitii

PYMNTS

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.”

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How AR Can Usher The Legacy Lockbox Into The Digital Age

PYMNTS

And while the lockbox continues to play an important role in AR and reconciliation, it no longer addresses the entire challenge as more electronic payments come in without remittance data. He did note, however, that he is “very optimistic” about the emergence of new payment services able to move remittance data along with funds.

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B2B Finserv Embraces New Faster Payment Rails

PYMNTS

PNC Treasury Management recently debuted a tool that allows corporate buyers to automatically choose a faster payment solution , including real-time payment (RTP), Same Day ACH or next-day ACH, to pay their suppliers by analyzing which payment method would be quickest and most cost-effective.