The fees companies pay to accept card payments from customers have long been a point of contention. An Australian company, eWAY, is using a system from Xero that automates the ability to enable a surcharge on card payments while also giving buyers the chance to...
Playing in the sand is something generally meant for kids playing at the beach, but the phrase is going to take on new meaning, thanks to Thomson Reuters, Fidelity Investments and Amazon.com. The three companies launched Fintech Sandbox, which is designed too support technology startups...
A new service from the online funds-transfer network enables qualified senders to have ACH-transferred funds placed in recipients’ accounts the next day, and it provides quicker funds availability. As with all funds transfers exceeding $10 that Dwolla supports, the cost is just a quarter.
Research shows that purchase card programs are on the rise for many businesses, but what exactly is driving the growth? Additionally, what do companies need to know to keep themselves current on their payment options?
Chocolate bar manufacturer, Mars UK has used a supply chain finance (SCF) scheme to extend payment terms to suppliers. According to the Forum of Private Businesses (FPB) with a new supply chain finance scheme in place, Mars has extended their payment time from 60 to...
Avalon Health Care manages 55 health care facilities in many western states and has over 330 people buying supplies for its facilities. The company was in need of new procurement system that was more efficient and user-friendly. After the first year of a new system,...
TSYS announced that they have named a new group executive, chief procurement officer, responsible for procurement, vendor management and supplier management. Walter Taylor, a senior executive with more than 30 years of technology and operations experience in the payments and financial services industry will now...
A Green Bay, Wisconsin-based company that sells healthcare payment software into what it calls “episodes of care” and then generates a bill for the entire process has raised a new funding round of $8.5 million. The company, Aver Informatics, believes that their billing management solution...
Let’s face it. Paper-based accounts payables processes can be a real drag. So, not surprisingly, many companies are looking for easy, convenient, streamlined ePayment solutions. But finding the right one can be like finding the proverbial needle in the haystack. Those wishing for a simple...
