Volante Technologies offers free SaaS instant payments processing
by Ben Poole
The vendor says any bank, regardless of size, can offer immediate payment capabilities to their customers.
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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Elavon index finds UK SMEs have positive business outlook
by Ben Poole
SMEs are confident on growth despite challenges of Brexit, cash flow and customer retention.
Legacy systems and cyber security continue to trouble US corporates
by Ben Poole
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
by Ben Poole
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
by Ben Poole
Partnership aims to grow digital payments and drive inclusivity in Indonesia.
Corcentric enters reseller agreement with Commerce Bank
by Ben Poole
The bank will provide its customers with financial process automation solutions from Corcentric.
HSBC expands pan-European commercial cards to nine currencies
by Ben Poole
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
by Ben Poole
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
by Ben Poole
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
by Ben Poole
AmEx move designed to strengthening its accounts payable automation capabilities.
First ISO 20022 usage guidelines for cross-border payments released
by Ben Poole
The publication of first specifications marks a milestone in the transformation of correspondent banking.
Open secures SME business banking partnership with Visa
by Ben Poole
Indian fintech looks to enhance SME business banking suite with card giant support.
Equals Group agrees ‘global relationship’ with Citigroup
by Graham Buck
The renamed payment services provider will team up with Citi Commercial Bank to enhance the product offering and heighten efficiencies
UnionBank joins blockchain converts with pilot
by Graham Buck
In partnership with OCBC Bank in Singapore, the Philippines bank became the first to pilot a blockchain-based remittance
Amex targets US small businesses with new credit card
by Graham Buck
The American Express Blue Business Cash Card can assist a healthier cash flow and access to more business opportunities says its issuer
More UK companies named and shamed as late payers
by Graham Buck
BAE Systems, Centrica and Prudential are among 18 businesses deemed as unethical for late payments to suppliers
FIME launches testing tool for open banking APIs
by Graham Buck
The new solution enables banks and third-party providers to verify APIs against Payment Services Directive (PSD2) standards
Swift hails successful cross-border payments integration with FAST
by Graham Buck
The integration of Swift gpi Instant with Singapore’s domestic instant payment service has accelerated payment times
China’s Tencent moves further into supply chain finance
by Graham Buck
The internet-based tech and investment giant promises to lower costs for suppliers after completing its first transaction last month
Mastercard expands real-time payments to gig economy workers
by Graham Buck
The growth of temporary and short-term contracts has seen workers seek quicker access to the next pay cheque than via payroll schemes
Blue Motor Finance, Lloyds partner on instant payment API
by Graham Buck
The partnership will focus on a ‘Faster Payments and Direct Debit API’ for motor traders and dealerships
UK survey shows businesses inactive on late payments
by Graham Buck
One in three firms paid late failed to chase up outstanding invoices, reports Lloyds Bank Commercial Banking
Nestle trials public blockchain for dairy supply chain
by Graham Buck
The Swiss group, which has already experimented with the technology, is aiming for even greater transparency
Australian banks face ‘legacy hangover’ in real-time payments shift
by Graham Buck
An impending problem for the country’s big four and their competitors is identified in a paper issued by the New Payments Platform