Commercial Payments/page/27 news and trends

Lightspeed CEO Points to B2B Sales as Next Engine of Small Merchant Growth
Point of Sale // May 18, 2024

Profit is the applause a business gets from its customers. So the saying, originally from business author Ken Blanchard, goes. Blanchard’s quip highlights the fact that to successfully navigate marketplace challenges and capture new opportunities, businesses increasingly need to focus on creating scalable solutions for...

Eisen and Checkbook Partner to Streamline Disbursements by Financial Institutions
Disbursements // May 17, 2024

Eisen and Checkbook partnered to help financial institutions streamline payment disbursements and ensure compliance with consumer protection regulations. The companies’ new Disbursement Hub is designed to help financial institutions meet the challenge of the evolving regulatory landscape around account closures and fund disbursements, according to a Thursday (May 16) press release. “Our strategic...

HSBC Bank USA Launches Interest-Bearing Checking Account for Businesses
Banking // May 17, 2024

HSBC Bank USA has introduced a checking account for business clients that combines an earnings credit rate (ECR) with credit interest. The new HSBC Hybrid Checking Account earns interest on every dollar deposited into the account, the bank said in a Thursday (May 16) press release. “Every organization has...

How Compliance Is Shaping the Future of Cross-Border Payments
Cross-border Payments // May 17, 2024

There are over 19,000 tax jurisdictions worldwide — any of which can change in an instant. With new and emerging payment rails, such as instant payments, helping to transform the cross-border space, regulators are increasingly cracking down on businesses in the payment chain to ensure that new technologies...

Interviews & Exclusives
Government Mandates Will Force Business Payments Modernization

May 20, 2024
Change is inevitable, and businesses that initiate change have the best opportunity to manage it. That’s why embracing payments modernization is so important for organizations, particularly with the future of payments looking increasingly digital, immediate and secure — no matter where you’re sitting. “One of the most exciting things about the payments industry is the pace of […]

Lightspeed CEO Points to B2B Sales as Next Engine of Small Merchant Growth

May 18, 2024
Profit is the applause a business gets from its customers. So the saying, originally from business author Ken Blanchard, goes. Blanchard’s quip highlights the fact that to successfully navigate marketplace...

Could ISO 20022’s Data-Rich Messaging Fuel AI Innovation?

May 16, 2024
The best, and most lasting innovations, are those that beget other innovations.  That’s because innovation rarely happens in isolation. The strongest pushes of forward progress frequently build upon existing knowledge, technology...

APAC Middle-Market Leaders Embrace External Financing for Growth

May 14, 2024
We are in the midst of a working capital revolution — one that is increasingly driven by innovation and made more necessary by the macroeconomic backdrop, particularly for those middle-market firms generating annual revenues between $50...

Quick Reads
Eisen and Checkbook Partner to Streamline Disbursements by Financial Institutions

May 17, 2024
Eisen and Checkbook partnered to help financial institutions streamline payment disbursements and ensure compliance with consumer protection regulations. The companies’ new Disbursement Hub is designed to help financial institutions meet the challenge of the evolving regulatory landscape around account closures and fund disbursements, according to a Thursday (May 16) press release. “Our strategic partnership is a crucial step to help financial institutions navigate […]

HSBC Bank USA Launches Interest-Bearing Checking Account for Businesses

May 17, 2024
HSBC Bank USA has introduced a checking account for business clients that combines an earnings credit rate (ECR) with credit interest. The new HSBC Hybrid Checking Account earns interest on every dollar deposited...

Avidbank Taps CorServ to Launch New Commercial Credit Card Program

May 16, 2024
California-based Avidbank has tapped CorServ to help launch a new credit card program for the bank’s commercial customers. Avidbank transitioned from its previous program to CorServ’s Account Issuer program, the companies said in...

Labor Dept Reports Initial Jobless Claims Drop by 10K

May 16, 2024
The number of initial claims for unemployment insurance dropped by 10,000 during the week ended Saturday (May 11), reversing about half of the increase that was seen a week earlier....