Corporate treasurers want speed — a lot more speed — from their banks, including quicker transaction settlement and access to information, along with faster account opening. Banks? They just want a little more time, according to American Banker. Get the Full Story Complete the form...
There’s one way to be certain that POS data can’t get stolen – don’t have data at the POS in the first place. That’s the innovation that Intel launched Wednesday (Oct. 15). Intel Data Protection Technology For Transactions creates an encrypted tunnel thru which cardholder...
In the healthcare payments space, the doctor is the merchant. As the payment receiver, doctors not only want to get paid faster they want to be paid fairly. How can payments innovation thrive in an ecosystem complicated by paper payments? Bill Fox, Senior Vice President...
When it comes to faster B2B payments, NACHA — the organization that oversees payment-clearing between banks — is caught between an irresistible force and an immovable object. The irresistible force: business customers. “A recent Federal Reserve study found that 69 percent of consumer payers and...
The problem with the B2B payments mindset is that financial players still focus on the money transfer element, when it’s the data that has to rule. This is colored mostly by the fact that B2B payment professionals also happen to be consumers. And the important...
The reigning buzzword champion – omni-channel – is dead. There, I said it. Someone had to. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
In the B2B payments world, manufacturers often find themselves having to agree to severe penalties for non-performance such as late deliveries. This can be frustrating if the delays are unavoidable and if those penalties mean the difference between profit and loss. In one extreme case...
At a time when supply-chain finance startups increasingly are encroaching on trade finance by traditional banks, some banks are turning to an untraditional approach: hiring a startup. Mizuho Financial Group announced this month that it has cut a deal with PrimeRevenue to provide supply chain...
Always looking to save a buck here and there, fleet operators and their drivers have a wide variety of rewards cards from which to choose, ranging from parts stores to travel centers. These typically proprietary products, however, can pack a wallet pretty quickly. As such,...
