Santander Bank adds Cash Nexus platform to US commercial banking solutions
The solution provides access to local payment initiation in 15 global markets.
Payments - Disbursements
Background
Making payments is the inevitable consequence of making purchases and an essential and integral part of the financial supply chain. A payment is the transfer of value from one party, a person or…
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Payment Update: Frictionless e-commerce; Faster Payments still booming; retain cash = must?
New schemes; new partnerships; but remember the customer
Mastercard launches real-time supplier payments solution
Payment on Delivery lets corporates instantly pay suppliers upon the receipt of goods or services.
PNC introduces intelligent payment routing
Corporate clients can set up parameters that allow PNC to select the most suitable method: real-time payment, same day or next day ACH.
Bank of America Merrill Lynch launches AP optimisation solution
The analytical tool is designed to help eliminate guesswork and complexity for treasury departments.
UK supplier relationships more mutually beneficial than five years ago
Seven in ten corporates are looking for longer-term supplier relationships than half a decade ago.
The economic realities of the global payments industry
McKinsey’s Global Payments Map 2019 report reveals all
Splitit launches B2B credit card instalment payment solution
The solution is designed to break through credit and collection barriers between suppliers and buyers.
Day 1 - SIBOS 2019 blows bankers minds
Brian Cox with his talk on cosmology and fintechs with their attitudes and speed of innovation
SWIFT publishes paper on the European payments landscape
As financial institutions prepare for new European payments architecture, the paper highlights the milestones for action.
Travelex launches API-enabled B2B platform
Travelex Business includes cash management, cross-border payment and retail currency conversion features.
EBA Clearing begins development of pan-European request to pay infrastructure solution
The delivery of the solution is supported and funded by 26 financial institutions from 11 countries for a go-live in 2020.
Volante Technologies offers free SaaS instant payments processing
The vendor says any bank, regardless of size, can offer immediate payment capabilities to their customers.
Elavon index finds UK SMEs have positive business outlook
SMEs are confident on growth despite challenges of Brexit, cash flow and customer retention.
Legacy systems and cyber security continue to trouble US corporates
A TD Bank survey reveals 88% of industry looking at in-house strategies to protect against cyber threats.
Plastiq platform available to US Visa commercial cardholders
U.S. Bank is the latest financial institution to enable its SMB Visa cardholders to pay vendors through Plastiq.
Mastercard and Artajasa to partner on Indonesia’s National Payment Gateway
Partnership aims to grow digital payments and drive inclusivity in Indonesia.
Corcentric enters reseller agreement with Commerce Bank
The bank will provide its customers with financial process automation solutions from Corcentric.
HSBC expands pan-European commercial cards to nine currencies
Six additional European currencies have been added to the existing euro, US dollar and pound sterling capabilities.
Mastercard acquires Nets’ account-to-account payment business
The move is designed to meet application, service and payment needs of customers across card and account-to-account payments.
Doosan-Babcock selects Swipe2B to digitise its supplier payments
The agreement is designed to streamline and automate Doosan-Babcock's AP and supplier payments processes.
American Express acquires ACOM’s digital business payments platform
AmEx move designed to strengthening its accounts payable automation capabilities.
First ISO 20022 usage guidelines for cross-border payments released
The publication of first specifications marks a milestone in the transformation of correspondent banking.
Open secures SME business banking partnership with Visa
Indian fintech looks to enhance SME business banking suite with card giant support.