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,...
Consumers are using their smartphones for all things retail these days. Well, not all things. When it comes to collecting coupons, many are still relying on more traditional methods like newspapers instead of turning to their mobile devices. In a recent podcast interview with PYMNTS,...
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...
Omnichannel is clearly the retail industry’s “it” buzzword. At its best, it delivers the great promise of consumers moving fluidly between devices and shopping channels, with retailers in lockstep at all times. But, we’re just getting started. Each month, PYMNTS will bring you the Omnicommerce...
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...
On the fifth anniversary of the Credit CARD Act, several leading consumer-advocacy groups now say more needs to be done to reign in debit and prepaid card fees. Among the chief targets are overdraft fees. Not so fast, say opponents to such moves, including the...
