PYMNTS

NOVEMBER 2, 2017

1) that it is rolling out two new corporate payment solutions, one of which is Disbursements via Zelle, which enables corporate clients of the bank to use Zelle to disburse payments to individuals. The solution supports real-time messaging and real-time or next-day P2P payments. These solutions are examples of how U.S.

US 101

US Innovation Payments Tools 101

PYMNTS

SEPTEMBER 15, 2020

Postal Service have added yet another hurdle to the payment method, which can affect everything from accounts payable (AP) to payroll to insurance disbursements. For some, that means embracing solutions built atop existing rails, or exploring new ones altogether. First Horizon Mixes Rails for Faster Treasury Payments.

blockchain 264

blockchain Payments Survey Technology 264

PYMNTS

OCTOBER 30, 2020

Businesses need to maintain smooth revenue streams and are working hard to avoid being hit with painful late client payments or delayed access to their earnings while also ensuring their workers are paid promptly. These solutions are not one-size-fits-all, though, and companies must select their tools with care. Bank subsidiary.

Tools 148

Tools Payments Report Cards 148

PYMNTS

JANUARY 14, 2019

This could have sizeable impacts on small and medium-sized businesses (SMBs), which typically do not have their own treasury departments, and as such stand to benefit from real-time insights on their cashflow and liquidity positions. One recent move came from business commerce platform Tradeshift. Around the B2B API World.

Trends 143

Trends System California Data 143

PYMNTS

DECEMBER 18, 2019

For corporates, moving money across borders is linked to no shortage of friction points, particularly as businesses elevate their demands for speed, visibility and predictability in their transactions. Corporate payments aren’t just about sending funds from one business to another, though. Turning Disbursements Liquid.

Payments 131

Payments Analytics Company Trends 131

PYMNTS

AUGUST 15, 2019

The messaging standard’s proponents assert that businesses can analyze this data to improve customer interactions and add functionalities, such as transmitting links to paystubs alongside payroll disbursements. ISO 20022 introduced a range of data fields that allow transactional details to be remitted along with payments.

Resources 145

Resources System Data Payments 145

Abrigo

JANUARY 24, 2024

The service also plans to continue working internally with financial institutions to improve the ability of staff tied to anti-money laundering/countering the financing of terrorism (AML/CFT) and fraud efforts to: Prevent a fraudulent event Detect and stop one in progress Manage or mitigate an event that has occurred.

Fraud 221

Fraud Payments Software Policies 221

PYMNTS

AUGUST 30, 2019

Less than three years after the November 2016 launch of application programming interfaces (APIs) through CitiConnect , Citi said this month that its corporate treasury APIs and platforms have processed more than $26 billion for enterprise clients. Their distribution changes, and their supply chains change.”. The Consumer as Part of the Flow.

Operations 101

Operations Data Management Payments 101

Abrigo

APRIL 8, 2020

Key Takeaways There will likely be a second wave of additional funds for small business aid. Automation is key to streamlining PPP loans and getting capital into the hands of small business owners quickly. First, there will likely be a second wave of additional funds for small business aid. Automate the PPP loans in 48 hours.

Lending 195

Lending How To Resources Community 195

PYMNTS

SEPTEMBER 25, 2018

In the drive to modernize treasury operations, mind the gap — o r gaps. As it turns out, there may be a disconnect between what treasury professionals need in their day-to-day endeavor of cash management and what their service providers think they need.

System 138

System Security Operations Payments 138

PYMNTS

DECEMBER 31, 2020

This was a generation that was spending differently, wanted to spend their own funds and needed a solution with more flexibility, without all the extra charges that come with a revolving line of credit.”. JPMorgan: Real-Time Treasury A Key Driver Of Corporate’s Loyalty. managing director at Melissa, told PYMNTS.

Innovation 289

Innovation Payments Trends Regulation 289

PYMNTS

SEPTEMBER 27, 2019

s Nationwide Building Society did not disclose how much it invested in BankiFi , but it did say that it’s support to the open banking FinTech comes as Nationwide plans to launch a business current account. The firm operates a platform to automate tax and financial management processes for gig workers, sole traders and contractors.

Payments 149

Payments Capital Taxes Lending 149

PYMNTS

MAY 29, 2020

PPP loans amounting to $20 billion at a minimum have been cancelled — many by small companies concerned they can’t spend money in ways that will be eligible for loan forgiveness, calculations of Small Business Administration (SBA) data by Bloomberg discovered. How Faster Disbursements Can Help Solve Patients’ Payment Pain Points.

Maine 130

Maine ATM Innovation Millennials 130

PYMNTS

JULY 4, 2018

However, it wasn’t just the mergers and acquisitions of B2B finance players, or the enhancements of services to cater to corporates and small businesses, that grabbed the world’s attention this year. As part of that effort, Mastercard enabled push payments to small businesses from other companies via the Send solution.

blockchain 102

blockchain America Tools Payments 102

PYMNTS

MARCH 2, 2016

Collectively, Ripple’s solution surpasses a major portion of the bumpiness around contemporary cross-border payments: money moving between banks, each using their own, legacy systems, and each tacking on fees at each stop. This also means that cash management and account maintenance can save FIs up to 74 percent, the company calculated.

blockchain 100

blockchain Compliance Operations Payments 100

PYMNTS

JUNE 9, 2017

Companies need to partner with acquiring banks and a host of other vendors in the region, in addition to setting up a treasury operation for managing risk and keeping the business afloat. As Likar noted, this enables them to quickly disburse funds to a local vendor without making a cross-border wire transfer.

User Experience 116

User Experience Payments Operations Strategy 116

PYMNTS

JUNE 23, 2020

Businesses must purchase various supplies and services to power their operations, but they often find it challenging to manage vendor payments. Banks can also build deeper loyalty with their customers by catering to business clients’ interest in automating accounts payable. Businesses took 8.6 billion in 2019 to $3.1

Fintech 214

Fintech Examples System Resources 214

PYMNTS

OCTOBER 29, 2020

Companies are hearing the call and looking for ways to modernize how they pay business partners and employees. Businesses also demand quicker payments from their corporate clients. Inside Businesses’ Faster Payments Selections. The report series will explore these and other latest trends and developments in the space.

Payments 109

Payments Report Meeting Tools 109

PYMNTS

FEBRUARY 6, 2020

Europe’s open banking regulations have forced financial institutions (FIs) to use APIs to open their data to FinTechs, which has resulted in many new services for businesses. Banks offer third-party providers APIs that can be used to develop services for mutual clients, for example, enabling FIs to offer wider arrays of solutions.

Payments 160

Payments Data Charlotte System 160

PYMNTS

OCTOBER 2, 2019

With ongoing shifts in payments, commerce, security and transparency, corporate cash managers have a lot on their plates. The question for any number of treasury professionals is what lies ahead? Financial institutions and treasury operations would do well to get ready for it all, sooner rather than later. In the U.S.,

Security 158

Security Payments United States Management 158

Fintech Labs Insights

JANUARY 8, 2017

Wealth Management and Investing. Developed by former hedge fund manager, Gina Heng, the technology is designed to move beyond the “jargon, financial lingo, analogies” of investing and offer instead a solution that is less “daunting for the modern woman,” Heng explained. Blockchain. ” InsurTech.

Fintech 12

Fintech blockchain Technology Lending 12

PYMNTS

DECEMBER 20, 2019

The world of B2B payments saw its latest significant acquisition play this week with Boston-based private equity firm Great Hill announcing its intention to acquire VersaPay, a company that provides cloud-based invoice-to-cash solutions. They won’t be alone, he noted, because there are many businesses trying to solve this exact problem.

Payments 131

Payments Google Apple Boston 131

PYMNTS

APRIL 22, 2019

The obvious assumption in the business-to-business (B2B) landscape is that faster payments are not only unnecessary, but unwanted, as corporates don’t necessarily need to move money immediately. reflects a larger shift in the market — one that could certainly have profound implications for business payments.

Operations 159

Operations Payments System Compliance 159