NACHA, which oversees the nation’s automated clearinghouse system, has made great strides in recent years to help companies facilitate ACH B2B payments. This progress has helped especially large companies to take a lot of paper out of the remittance process. As NACHA’s Jan Estep noted...
Most large merchants have visions of omnichannel dancing thru their heads, but having to manage multiple acquirer relationships makes that tough. A European startup called Zooz has solved that problem for merchants in Europe and is now headed to the US. What’s their formula for...
The push for businesses and governments to “go digital” is stronger than ever. But how many entities can boast that their electronic invoicing adoption improved by 300 percent in just six months? The odds are, very few. Mexico, however, can proudly make that statement. But...
Who says that big banks always have to be the best when it comes to the latest and greatest technological innovations? Arbuthnot Banking Group is making a name for the little guy, at least when it comes to invoice financing. So what exactly is this...
The digitization of payments between businesses opens up a whole world of possibilities with respect to invoicing and payment terms. Dynamic pricing is one of those options but knowing how and when to use it turns out to be a bit more complicated than it...
Absolutely nothing. Of course, we wouldn’t expect Apple to show its hand regarding any plans it might have in the mobile-payments space. But with all the rumors circulating around the possibility, wouldn’t you think one inquiring analyst mind would want to ask CEO Tim Cook...
Six Minutes and 49 Seconds. That’s how long it took, on average, for SMEs to move funds across bank accounts and borders. And the company responsible wasn’t one of the “name brands” either. Ten-year-old World First is out to deliver the kind of service, speed...
The near ubiquity of smartphones and tablets is affecting consumers’ shopping habits, as a new Harris Poll points out certain technology preferences consumers have in buying stuff online. Still, consumers have their preferences on what to buy in stores as well, and age differences also...
It’s rare to see change in how governments handle their contracting and procurement processes. However, more and more cities are turning the process upside down by asking contractors to produce their own solutions to described problems instead of bidding on government-mandated solutions. Perhaps the cities...
