Aussie business activity disappointing in November
CBA data shows competitive pressures and weak demand taking a toll on Australian businesses.
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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Bank of the West and Brex launch corporate card
First co-branded corporate card by Brex will include payment offerings and rewards to help businesses scale quickly.
Wells Fargo enables corporates to send payments on the RTP network
The bank's API enables real-time payments to be sent directly from a corporate's ERP or TMS.
Boost Payment Solutions and J.P. Morgan to offer fully integrated automated payments
The two firms partner to deliver automated electronic payment solutions for commercial card transactions.
Apple Pay launched to NatWest business customers
The move adds Apple Pay to 1 million business customers in the UK.
EBA calls on the European Commission to facilitate the scaling up of cross-border payments services
The EBA report identifies potential impediments to the cross-border provision of banking and payment services in the EU.
First 15 financial institutions to join US RTP network through Jack Henry & Associates
Pegasus Bank is among the initial intake leveraging JHA PayCenter to connect to the RTP network.
Flywire provides Bank of America clients enhanced access to cross-border payments and receipts
Flywire’s offering streamlines cross-border transactions for the bank’s higher education and corporate franchise.
ReceiptHero brings digital receipts to Nordea Wallet
Nordea's corporate customers will be the first to receive the feature.
Santander Bank adds Cash Nexus platform to US commercial banking solutions
The solution provides access to local payment initiation in 15 global markets.
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.