payment rails

A payment rail is a payment platform or a payment network that moves money from a payer to a payee. Either party could be a consumer or business, and both parties are able to move funds on the network. Credit card rails are the credit card payment system.

Source: en.wikipedia.org

Building Better Payment Rails With Banks In Mind

Building Better Payment Rails With Banks In Mind
Building Better Payment Rails With Banks In Mind
December 20, 2019  |  B2B Payments

To move a B2B transaction from one market to another, the global interbanking system is far from a perfect strategy, though it remains the standard...

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Payment Rails Search For Harmony In B2B Payments
Payment Rails Search For Harmony In B2B Payments
December 18, 2019  |  B2B Payments

Innovation in the payments arena has provided more rails upon which to move money. In B2B payments, though, legacy tools continue to lead. Get the...

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RTP: Achieving Ubiquity Without A Mandate
RTP: Achieving Ubiquity Without A Mandate
December 12, 2019  |  B2B Payments

Though the U.S. continues to take significant steps toward a faster payments ecosystem, the market undoubtedly lags behind others across the world in the path toward...

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Credit Unions Find Opportunity In Payments Disruption
Credit Unions Find Opportunity In Payments Disruption
December 09, 2019  |  B2B Payments

Credit unions are underdogs in a financial services space still dominated by major traditional banks, particularly when it comes to small business (SMB) lending and...

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Finserv Providers Embrace New Rails For Faster B2B Payments
Finserv Providers Embrace New Rails For Faster B2B Payments
December 04, 2019  |  B2B Payments

Recent analysis from Juniper Research found that blockchain-powered cross-border B2B payments are expected to reach a $4.4 trillion valuation by the end of 2024, and...

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Ingo Money Dives Into Real-Time Payments Ubiquity Challenges
Ingo Money Dives Into Real-Time Payments Ubiquity Challenges
November 13, 2019  |  B2B Payments

Faster payments continue to gain traction in the U.S., as service providers old and new introduce more options for consumer and business payers to move...

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B2B Finserv Embraces New Faster Payment Rails
B2B Finserv Embraces New Faster Payment Rails
October 23, 2019  |  B2B Payments

As the saying goes, if it isn’t broken, don’t fix it. But in payments, understanding whether something is broken in the first place — and,...

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Bank of America Optimizes AP Supplier Payment Channels
Bank of America Optimizes AP Supplier Payment Channels
October 21, 2019  |  B2B Payments

Bank of America is rolling out a new solution for professionals in accounts payable departments to automatically choose which payment method to pay their suppliers....

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For Commercial Cards, Mixing Rails A Promising Path To Adoption
For Commercial Cards, Mixing Rails A Promising Path To Adoption
October 11, 2019  |  B2B Payments

Commercial card acceptance remains one of the largest barriers to the adoption of cards in accounts payable, largely thanks to suppliers’ reluctance to absorb interchange...

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