UCB’s innovative solution: a payment factory combined with streamlined banking structure
by Kylene Casanova
Centralised and harmonised solution which allows payments to be made on behalf of group companies
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…
Read moreOpportunities resulting from the strategic alliance between Earthport and BofA Merrill
by Kylene Casanova
Increased network coverage and new proprietary services in development
Bitcoin - the digital phenomenon that is splitting the financial world
by Kylene Casanova
Serious competitor to traditional money transfers or a vanity project for underemployed tech nerds?
Five international banks to join CHAPS, UK’s high value clearings
by Kylene Casanova
Detiering to reduce systemic risk within the CHAPS system
Real-time validation & verification of international bank account service extended
by Kylene Casanova
Bottomline Technologies extends their V-Series service achieving 100% validation & verification
New era in low value cross-border payments opens up & end of correspondent banking?
by Kylene Casanova
Bank of America Merrill Lynch and Earthport sign strategic agreement
Employers in USA: cut your healthcare costs & also provide employee benefits
by Kylene Casanova
Use Wells Fargo Healthcare Savings accounts to achieve double whammy
Barclays mobile App now allows companies to ‘send a payment’ to their customers
by Kylene Casanova
Pingit adds the ability to pay direct to individuals using their mobile phone numbers
Virtual card usage is going global
by Kylene Casanova
Cut costs and make money in paying suppliers
Citi launches payments risk management tool
by Kylene Casanova
Gives clients enhanced visibility and control over their payment flows
RBS Americas launches new e-payables service for corporate clients
by Kylene Casanova
RBS Paymode-X helps companies cut costs of traditional payables operations
Guaranteed cross-border USD payments to local ACH in USA
by Kylene Casanova
Deutsche Bank’s Guaranteed US Plus
Bank of America Merrill Lynch is launching Accelerated Payments to Asia
by Kylene Casanova
Circumvent time zone delays when making U.S. payments to or within Asia
How to exploit the new extended remittance formats now offered by Fedwire and CHIPS
by Kylene Casanova
The Remittance Coalition is driving the move to extended remittance formats for wire transfers
Be careful with Payroll Cards
by Kylene Casanova
Low paid employees don't always like Payroll Cards because they can cost them big time, e.g. in the US costs can be as high as $0.50 for a balance inquiry (which low paid employees tend to use
Automation of Accounts Payable is progressing: Toyota Material Handling Europe adopt OB10 platform p
by Kylene Casanova
Toyota Material Handling Europe (TMHE), a leading provider of forklifts and warehouse equipment, has selected OB10, the global e-Invoicing network, to bring the benefits of invoice automation to its community of sup
UK Payments Council is thinking differently about the UK payments infrastructure
by Kylene Casanova
Payments Roadmap – An Initial Report today spells out the Payments Council's revolutionary ....
IRIS launches cloud-based payslip delivery solution - IRIS OpenPayslips
by Kylene Casanova
IRIS Software Group, a market leader in accountancy & payroll solutions, has launched IRIS OpenPayslips, a unique cloud-based service allowing anyone running IRIS payroll software to deliver
Earthport extends low-cost cross-border payments infrastructure to India
by Kylene Casanova
Earthport, the global electronic payment services provider, is launching a new payments route into India.
US ACH payment growth in 2012; fastest growth in online payments
by Kylene Casanova
Total ACH payment volume grew to over 21 billion transactions in 2012, up 4.19 percent over 2011, according to NACHA the Electronic Payments Assocation.
RTGS systems go live in Macau and Taiwan on SWIFT
by Kylene Casanova
SWIFT, today announced that the Real Time Gross Settlement (RTGS) systems have gone live on SWIFTNet in Macau and Taiwan.
Checks are disappearing in the USA: SunGard’s AvantGard PayNetExchange had growth of 384% in Virtual
by Kylene Casanova
SunGard announced today that its virtual card volume through its integrated B2B payments solution AvantGard PayNetExchange in 2012 increased by 384%. AvantGard PayNetExchange allows companies to operate smarter and
UK payroll and pensions: How to comply with HMRC’s April deadline to Report Real Time Informat
by Kylene Casanova
HM Revenue & Customs (HMRC) in the UK are moving from filing payroll and pension returns on an annual basis to filing as wages are paid. Many companies are unsure how to meet these RTI requirements while keeping the
Eliminating invoice exceptions is one of the most effective ways for Accounts Payable to cut costs
by Kylene Casanova
OB10, the e-Invoicing network, and sharedserviceslink.com, have carried out a survey of 200 accounts receivable professionals which found that 85% agree that eliminating exceptions would be one of the most effective