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...
Canada’s hotel supply has grown more strongly in 2014 than in the previous two years, but that improvement presents about 0.8 percent growth as opposed to 0.5 percent. In any case, the supply of hotels in Canada is growing at a little more than half...
Citi has announced the launch of Citi Integrated Payables Solutions, a combination of payment and analytics services that will help organizations optimize their supply chains. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
As the end of 2014 is drawing closer, small businesses going to renew their insurance plans are feeling the first round of price hikes associated with the ACA. Some business are looking at cost increases of as much as 40 percent, leaving small business owners...
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...
Click here to see this week’s investment tracker. 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 newsletter, PYMNTS Today. By completing this form, you...
WEX Fleet One has been selected to provide co-branded over-the-road fuel card services for Sunoco. Going forward, heavy truck operators will have access to the WEX Fleet One network, including Sunoco’s participating high speed diesel fueling locations. Get the Full Story Complete the form to...
