Innovative payments developments that should be on treasurers’ radars
by Ben Poole
Both Citi and FIS have announced payments-related news that has the potential to make a big impact for corporates.
Payments - Receipts
Background
Collecting bills efficiently, on-time and with a minimum of bad debts is essential in any business. Bill collection, unlike collecting payments at the point of sale, involves granting the buyer credit…
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Deutsche Bank launches payments platform through 2C2P in Thailand
by Ben Poole
The new platform aims to simplify the collections process for corporates in the country.
BNP Paribas adds incoming payment tracker to e-banking solution
by Ben Poole
BENEtracker, co-created with a corporate client to facilitate their payment inquiries, is now available through the bank's e-banking tool.
On the fifth day of Christmas my guru sent me advice on how to:
by Jack Large
Optimise AND integrate your payments and collections
New commercial payments options released by Visa and BBVA
by Ben Poole
Both firms have launched solutions designed to improve the corporate B2B payments experience.
US corporates embracing electronic B2B payments
by Ben Poole
While the AFP 2020 survey shows the benefits that digital payments offer corporates, it also notes the cyber security awareness that firms must show.
Mastercard advances multi-rail strategy to modernise business payments
by Ben Poole
The payments giant has added account-to-account and global card payments functionality to its Mastercard Track Business Payment Service.
SIBOS 20: Future of money: how it affects everyone, every business
by Jack Large
Innotribe debate stirs the pot, essential viewing. Don’t miss it
Real-time payments surge ahead
by Ben Poole
While Sweden's Riksbank and the ECB explore cross-currency instant payments, an FIS study finds volumes instant payments are accelerating globally.
COVID-19 is a catalyst for digital B2B payments adoption
by Ben Poole
A Mastercard study shows businesses moving to digital B2B payments for speed, security and transparency.
COVID-19 and the impact on digital payments
by Ben Poole
Two new reports consider the effect that the pandemic is having on cash and payments behaviour.
Banking industry puts forward vision for future-driven EU payments market
by Ben Poole
Three European associations have published their vision for the EU retail payments framework.
Pandemic casts shadow over UK Payment Systems Regulator’s annual plan
by Ben Poole
The PSR's annual plan and budget were formulated before the COVID-19 crisis.
Comdata solution supports same-day shipper payments for fleets
by Ben Poole
QuickPay is designed to provide fleet owners with access to capital within 24 hours.
Afinis adds testing capabilities to help payment API standardisation
by Ben Poole
The Nacha organisation is partnering with XMLdation on the project.
Bectran launches cash application solution
by Ben Poole
The B2B credit management cloud solution targets accurate matching of customer payments to reduce collections and AR management costs.
UK SMEs optimistic about 2020 growth following a strong performance last quarter
by Ben Poole
Barclaycard’s inaugural SME Barometer shows SMEs predicting an annual revenue to rise of 6.3% on average this year.
TripActions launches corporate travel management and payments solution
by Ben Poole
‘TripActions Liquid’ is backed by Silicon Valley Bank, Goldman Sachs and Comerica Bank.
Santander Group agrees to acquire merchant services company Elavon México
by Ben Poole
The group will provide acquiring and payment services to merchants, enabled by its global merchant platform.
SWIFT to host open API hackathon in Africa
by Ben Poole
The hackathon is open to developers working in the financial sector across Africa to identify new solutions for cross-border payments.
Bottomline’s purchase of Experian Payments Gateway provisionally clears CMA
by Ben Poole
A UK Competition and Markets Authority investigation finds the transaction does not raise competition concerns.
Standard Chartered and Assembly Payments create e-commerce joint venture
by Ben Poole
The new joint venture will be headquartered in Singapore.
RBC to offer accounts receivable tool
by Ben Poole
The Interac e-Transfer Bulk Request Money feature lets businesses streamline, expedite and automate the accounts receivable process.
UK SMEs stretched further by late payments
by Jack Large
Prompt Payment Code and Duty To Report have helped create awareness but need more bite