Perficient

DECEMBER 14, 2023

This includes everything from receipt to approval and payment of invoices. The process then proceeds through the approval workflow, which includes purchase order matching, manager approval, and payment settlement. Why Automated Invoice Processing? Duplication detection to avoid repetitive payments.

Training 221

Training Strategy Data Exercises 221

PYMNTS

OCTOBER 17, 2019

In today’s payments news, China has allowed PayPal to operate in the country with its purchase of a majority stake in GoPay. China has allowed PayPal to operate in the country with its purchase of a majority stake in GoPay. Approximately $39 trillion in mobile payments were made in China in the past year.

Operations 100

Operations blockchain Payments Apple 100

PYMNTS

OCTOBER 6, 2020

New payment rails are again in the spotlight, with commercial card and contactless payments emerging as the top focuses for innovators. This week's look at payment rail innovation is all about digitization and payments acceptance. merchants accept touch-free payments. merchants accept touch-free payments.

Innovation 241

Innovation Cards Payments Technology 241

PYMNTS

SEPTEMBER 17, 2020

The European Union (EU) could pass new laws that would make it mandatory for Apple to share the payments technology in its iPhones, according to a report from Bloomberg. Documents obtained by Bloomberg mention NFC, which is used to handle wireless signals that let users make payments on their devices at store terminals instead of on cards.

Apple 281

Apple Payments Technology Fraud 281

PYMNTS

AUGUST 7, 2020

Payments are everyday occurrences for businesses and consumers, and they have been for thousands of years. This is changing what companies and consumers look for regarding payments. How Expectations Surrounding Payments Are Changing. Not everyone is willing to go through one channel to be able to process a payment,” Dewan said.

Payments 301

Payments Fintech Innovation US 301

PYMNTS

SEPTEMBER 24, 2020

This is far from the only significant change to how AP departments operate, and many companies are also exploring digital tools for onboarding new vendors more smoothly. The September CFO Guide To Digitizing B2B Payments explores how corporate buyers are streamlining their B2B transactions with digital payments and supplier onboarding tools.

Report 269

Report Payments Tools Video 269

PYMNTS

JANUARY 13, 2020

The currency exchange company continues in the grips of a ransomware attack that has crippled its operations, as well as the foreign currency operations of its corporate clients, including HSBC and Barclays.

Fraud 223

Fraud Kentucky Colorado Payments 223

South State Correspondent

JANUARY 16, 2024

Unfortunately, some banks adopted BSBY as one of their preferred indexes and in doing so created risk in derivatives and operations. The documentation was lengthy and complex, the regulatory compliance and reporting was cumbersome, the accounting was tricky, and the overhead cost of launching a hedging program was challenging.

Community Bank 195

Community Bank Community Compliance CA 195

PYMNTS

DECEMBER 15, 2020

Frictions like these are pushing more businesses to rethink their legacy approaches to business-to-business (B2B) payments and adopting various digital options for sending money. How Virtual Card Help Healthcare Claims Processors Manage Payments. Around The Digital AP Landscape. This could create high demand for change.

Cards 267

Cards Payments Leadership Report 267

PYMNTS

OCTOBER 22, 2020

GE has recently sought to bring digital optimization to its back-office payments processes as well. A key part of this effort is cross-border payments, which are vital to keeping supply chains running smoothly and securely in the more than 100 countries in which GE operates. We've suffered losses with the company.

Payments 247

Payments Industry Operations US 247

PYMNTS

MAY 1, 2020

The seeming incompatibility of paper and digital payments is somewhat of an illusion, however. In the inaugural Digitizing B2B Payments Tracker® , a PYMNTS and Deluxe collaboration, the balance between paper and pixels is explored, revealing some unique and surprising strengths of hybrid accounts receivable (AR) operations.

Payments 132

Payments Tools System Online 132

PYMNTS

AUGUST 29, 2019

While the payment method is far from efficient — paper requires manual data entry, expanding the risk of mistakes and fraud and taking up valuable time — it’s often the actions before the actual act of payment bogging up cash flow. Putting payments in context is essential to smooth supply chain operations, he said.

Payments 167

Payments Data Operations Technology 167

PYMNTS

JULY 31, 2019

American Express has announced that it plans to acquire acompay, a digital payment automation platform, from ACOM Solutions. Developed in 2016, the acompay platform integrates with enterprise resource planning or accounting systems and supports check, automated clearing house (ACH), and card payments.

Payments 191

Payments Tools Resources Management 191

PYMNTS

NOVEMBER 26, 2020

Companies are making significant changes during the COVID-19 pandemic as they work to move past its disruptions and restore smooth operations. Business-to-business (B2B) payment practices are undergoing some of the most notable shifts as corporate buyers and sellers seek new transaction methods and tools to help them pay and be paid quickly.

Payments 168

Payments Tools Operations Meeting 168

PYMNTS

APRIL 21, 2019

JPMorgan Chase is planning to expand its use of blockchain technology to improve the banking industry’s payment system, as well as get FinTechs to experiment on developing the platform. The platform allows banks to quickly resolve compliance issues that can delay payments by weeks. Developers only need to bring their intellect.”.

blockchain 197

blockchain Payments Fintech Compliance 197

Abrigo

FEBRUARY 16, 2024

It's about ensuring that every aspect of your lending operation is optimized for efficiency and effectiveness. Whether it's at the start of a year or some other time, focusing on these key areas will help you fine-tune your operations and set your financial institution up for success in the year ahead. Prepare for your next exam.

Training 195

Training Risk Management Analysis Policies 195

PYMNTS

MARCH 5, 2020

Under Par Funding’s program, titled No Document, SMBs won’t have to go through time-consuming processes, such as collecting documents or undergoing rigorous credit checks. The No Document product will ensure that red tape and bureaucracy are cut out as much as possible, the release states.

Capital 130

Capital Resources Operations Payments 130

Payments Source

MAY 7, 2019

More businesses are converting to electronic documents and management tools to streamline operations and cut costs, but those upgrades often skip the last part of that journey — how to accept B2B payments in a digital economy.

Payments 107

Payments Tools Operations How To 107

PYMNTS

OCTOBER 28, 2020

B2B ’s pain points when it comes to payments are well known — where paper checks dominate, where even the fax machine makes an appearance. Along the way, they said, the B2B payments landscape itself will be transformed, chiefly through digitalization and verticalization. Points Of Pressure.

Payments 242

Payments Management Software Google 242

PYMNTS

NOVEMBER 17, 2019

BELLIN announced that it has successfully integrated support for SEPA real-time payments into its software solutions, with the help of Deutsche Bank. After processing the payment, the bank is also able to provide a report documenting the credit to the recipient, which BELLIN displays immediately.

Payments 161

Payments System Management Software 161

PYMNTS

JUNE 29, 2020

Facebook and Cielo are requesting that Cade , Brazil’s antitrust watchdog, overturn the suspension of WhatsApp ‘s payment system rollout in the country, Reuters reported. The document was filed on Friday (June 26), but only made available on Monday (June 29).

Payments 141

Payments System Cards Regulation 141

PYMNTS

NOVEMBER 25, 2019

Payments are changing so rapidly that they can sometimes be hard to keep up, and that certainly holds true for QSRs. discussed the emerging payments coming to the QSR world, and what’s on tap for the coming year and new decade. You might end up ordering or paying with your face via facial recognition technology. View of the Future.

Payments 225

Payments Mobile Dallas Apple 225

PYMNTS

DECEMBER 23, 2019

One of the largest impacts the case has had is in shedding light on the sector’s cash flow crunch and an epidemic of late payments to contractors and subcontractors. They’re also in the thick of these payment pains. That fragmentation creates significant friction points and bottlenecks in the payments process. In the U.K.,

Payments 130

Payments Industry Tools Capital 130

PYMNTS

JUNE 16, 2020

Add accuracy and security to velocity and it makes a kind of “rule of threes” for the payments space today. Many still use manual invoicing systems that can slow payment processes. This means that tools capable of speeding payments and invoice approvals are critical.”. “The But close to 60 percent of U.S.

Payments 168

Payments System Tools Operations 168

PYMNTS

MARCH 11, 2020

Amid the seismic changes that have refashioned the payments landscape over the last few years — as large players get ever larger (such as the $22 billion Fiserv-First Data deal) — there is an opportunity for software-as-a-service (SaaS) companies and digital marketplaces to monetize payments.

Payments 132

Payments Software United States Branding 132

PYMNTS

DECEMBER 23, 2020

One recent report found that 57 million freelancers are expected to operate in the U.S. More and more of these workers want to be paid in their local currencies and they also expect these payments to be finalized swiftly. Freelance Flexibility And Cross-border Payments.

Payments 270

Payments Study Examples Report 270

PYMNTS

JUNE 30, 2020

However, the internal document hints that the firm’s client base was significantly less sizable and the revenue from it much more uneven, per the report viewed by FT. However, Wirecard indicated €616 million in revenue from payments of €37.9 The news outlet reports that “thousands” of client names seem to be represented more than once.

Regulation 222

Regulation Report Operations Payments 222

PYMNTS

NOVEMBER 17, 2020

Today in B2B payments, American Express enhances its early B2B payment solution, and payroll provider Paylocity strikes an acquisition deal. American Express Enhances Early Pay To Ease B2B Supply Chain Payments. 16) to continue helping modernize cloud operations, according to a press release. 16) press release.

Payments 144

Payments User Experience Software Risk Management 144

PYMNTS

JANUARY 16, 2020

It’s telling, perhaps, that the very first section of the document itself focuses on intellectual property. Each country will “be able to operate openly and freely in the jurisdiction of the other Party without any force or pressure from the other Party to transfer their technology to persons of the other Party.”. How to get there?

Payments 132

Payments social media Operations Examples 132

Independent Banker

APRIL 30, 2022

From contactless payments to the digitization of business-to-business (B2B) payments, trends in business payments are shifting to meet customer preferences, making this space one to watch for community banks. What developments will affect business payments in the short to medium term? By Mary Yerkes. are now contactless.

Trends 144

Trends Payments Community Bank Community 144

PYMNTS

JUNE 12, 2018

The International Chamber of Commerce (ICC) published its 2018 global trade report this week and, according to the research, global financial institutions (FIs) still have a significant way to digitization in their trade finance operations. According to Global Trade Magazine , ICC Secretary General John W.H.

Operations 116

Operations Survey blockchain Technology 116

PYMNTS

JULY 22, 2019

Apps with a possible security flaw, a malware phishing scheme and possibly, payments fraud, all done in the blink of an eye? In reference to payments, a hacker could conceivably change an invoice to help divert funds into different accounts.

Fraud 180

Fraud Payments Security System 180

PYMNTS

MARCH 18, 2020

In a recent conversation with PYMNTS, Bectran Business Development and Implementation Manager Dominic Biegel reflected on the deepening relationship between an organization’s accounts receivable (AR) operations and its clients’ accounts payable processes. Goldman Joins SAP Ariba Network. Western Union Targets Law Firms.

Payments 167

Payments Operations Online Company 167

PYMNTS

MAY 12, 2020

Traydstream , a FinTech that looks at trade documents with artificial intelligence (AI), has partnered with Infosys Finacle to implement blockchain technology and further automate trade finance, according to a press release. Consequently, our clients have experienced processing time reduction by nearly 75 percent.”.

blockchain 213

blockchain Compliance Regulation Fintech 213

PYMNTS

JANUARY 26, 2021

Signal is exploring the idea of adding cryptocurrency payments into its messaging app by integrating MobileCoin , a cryptocurrency supported by the Stellar blockchain, Platformer reported. MobileCoin complements the privacy-focused app in that it is “more resistant to surveillance,” according to a 2017 Wired report.

blockchain 244

blockchain Guidelines cryptocurrency Marketing 244

PYMNTS

JUNE 17, 2019

The rise of faster payment systems has become a global phenomenon. In the past few years, several global markets have invested resources into developing payment systems and infrastructure that enables funds to be delivered in real-time and that operate on a 24/7 cycle.

Payments 201

Payments System National Mobile 201

PYMNTS

JANUARY 9, 2017

The B2B payments space has just grown, thanks to the new presence of PayPool. 6) that it has officially begun services with the launch of its bulk payment and distribution service. Companies upload payment information via digital document to the PayPool portal, which then validates that information to ensure compliance.

Payments 100

Payments Compliance Meeting Operations 100