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U.S. Faster Payments Council Releases Consumer Bill Pay Research White Paper

Faster Payments Council

Faster Payments Council (FPC), in partnership with Glenbrook, today released the research white paper, "Faster Payments and the Potential to Transform Consumer Bill Pay." This latest paper is part of a three-year, multifaceted industry study consisting of quantitative and qualitative research, launched by the FPC and Glenbrook last year.

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Faster Payments and the Potential to Transform Consumer Bill Pay

Faster Payments Council

Developed in partnership with Glenbrook, this research white paper takes a close look at the two main models that serve the consumer bill pay industry today: biller direct model and bank bill pay model.

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Workday Acquires Scout RFP: A Review Of The B2B Supplier Management Market

CB Insights

On November 4th, Workday announced an agreement to acquire Scout RFP , a cloud-based sourcing and supplier engagement platform for procurement teams, for $540M. Scout RFP brings 300,000 users in over 150 countries to Workday’s platform. Competitors & substitutes to Scout RFP that may be M&A targets.

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FPC 2023 Fall Member Meeting

Faster Payments Council

The RFP Customer Experience Work Group selected consumer-to-business bill pay as an initial use case, producing industry standards focused on this goal. Participating organizations will share insights gained and how they will implement these standards to catalyze instant payments adoption with a streamlined RFP customer experience.

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Workday Acquires Contractor & Vendor Management System VNDLY For $510M In Cash

CB Insights

Workday has been growing organically, acquiring Zimit, Adaptive Insights, Scout RFP, and Peakon ApS in recent years. The post Workday Acquires Contractor & Vendor Management System VNDLY For $510M In Cash appeared first on CB Insights Research. The company posted $4.3B in revenue in 2021, marking a 19% increase year-over-year.

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Mastering Procurement Management: Your Gateway to Success

Nanonets

This includes determining whether to make or buy resources, conducting market research to identify potential suppliers, and establishing selection criteria. By issuing an RFP, organizations can outline their project requirements, allowing potential suppliers to submit proposals that detail their capabilities, approach, and cost.

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EXCLUSIVE: Mastercard And Ingo Partner To Bring Instant Payments To Treasury Banks

PYMNTS

Research shows that 90 percent of consumers think getting paid faster is better than getting paid more slowly. They’ve brought new treasury banking partners online and recently even won an RFP (which they can’t offer details on yet). When consumers are offered the option of receiving instant payment, they tend to accept it gladly.