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BofA Sees 51% Increase in Companies Leveraging APIs For Real-Time Treasury Needs

Fintech Finance

Additionally, many treasury management systems (TMS) and enterprise resource planning (ERP) providers also host CashPro APIs. Healthcare and insurance companies are leveraging APIs to replace checks with Zelle, ACH and RTPĀ® transactions, expediting reimbursement payments and residential mortgage transactions.

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US Bank Gets Corporates On Board With Zelle

PYMNTS

Zelle , the peer-to-peer (P2P) payments platform deployed by more than a dozen financial institutions to take on competing offerings like Venmo and Square Cash, is stepping into the world of corporate payments through a new offering by U.S. The bank announced news on Wednesday (Nov. The bank announced news on Wednesday (Nov.

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Payments Processing Deals Show Banks' Bid For 'End To End' Cash Visibility

PYMNTS

In the announcement detailing the deal, PNC said the acquisition would expand the company’s Treasury Management’s payments platform — specifically by enabling corporate clients to manage payables and receivables through a single channel, spanning all payment rails.

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Getting Stimulus Payments To Consumers; Lessons From Round One

PYMNTS

Panelists joining PYMNTS CEO Karen Webster included Ingo Money CEO Drew Edwards ; Wells Fargo Senior Vice President, Head of Global Payables, Treasury Management Michelle Ziolkowski ; and J.P. Morgan Managing Director Industry Head for Public Sector Treasury Services, Wholesale Payments Eva Robinson.

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Community Banks Embrace Faster Payments’ Competitive Edge

PYMNTS

ā€ She pointed to technologies like Zelle, which are now opening up their focus to small and micro-business users, and supporting their needs for payment speed, too. However, through an embrace of FinTech collaboration and industry consolidation, community banks appear poised to further dispel assumptions of a lack of digitization.

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For Insurance, Faster Payments Means Nothing Without Data

PYMNTS

. ā€œWe want to offer our customers the widest solution, soup to nuts — that means creation of the remittance data, creation of the payment, reconciliation of the payment, treasury management services, the entire spectrum,ā€ he noted, adding that virtual cards can address all of these needs for insurance firms.

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How AR Can Usher The Legacy Lockbox Into The Digital Age

PYMNTS

Yet the continued diversification of payments means AR and treasury management platforms will have to juggle integrating a broader array of payment methods, from Zelle to RTP, in order to solve for the reconciliation challenge.

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