RBS is slashing the time and paperwork required for corporate clients in 23 countries to open new accounts -- and not just in the U.K., the bank announced Thursday (Oct. 16) at the Eurofinance conference in Budapest. The bank's Accelerated Onboarding Service, which is already...
PYMNTS.com Bitcoin Price and Volatility index. 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 agree to...
Although the concept of B2B procurement systems is to sharply increase productivity, that’s doesn’t seem to be how it’s working out. Barely 28 percent of procurement professionals say that their procurement systems make them any more productive, according to a research survey. Get the Full...
Forty percent of Fortune 500 companies are already connected to SWIFT, the global financial-messaging network. That’s according to Gottfried Liebbrandt, CEO of Brussels-based SWIFT, at the organization’s Sibos conference in Boston last week. But that number should be closer to 90 percent, said David Blair,...
The state of Georgia is in some hot water after failing to correctly manage its WIC program—a public assistance federal food initiative that helps provide balanced nutrition for mothers and young children. According to reports, Georgia’s myriad errors in running the statewide WIC program resulted...
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...
