Fastpay news and trends

AP Supports The Indie Ad Agency’s Modernization Drive
B2B Payments // April 14, 2021

Amid a surge in mobile and online food ordering, this is a common experience: You drive to the restaurant, pick up your order, and return home only to find items missing or something else wrong. It’s always best to double check that what you receive...

MediaForce Teams With AP Software Firm FastPay
B2B Payments // April 07, 2021

GaleForce Digital Technologies’ media planning and buying tool, MediaForce, is collaborating with accounts payable (AP) software provider FastPay. The latter firm simplifies manual workflows such as payment schedules and check runs, according to a Wednesday (April 7) announcement. Agencies map out and purchase media in...

Installment Payment Platforms Can Solve Trade Credit Problems
Accounts Receivable // November 05, 2019

B2B payments are anything but instant in the U.S., where a collective $3 trillion is tied up in businesses’ outstanding accounts receivable (AR), according to PYMNTS’ The Trade Credit Dilemma Report, While outdated AR practices are tangentially related to the dispute, this week, Instacart shoppers...

FastPay On The Financial Impact Of 10 Years Of Media Disruption
B2B Payments // November 01, 2019

At the turn of the decade, newspapers remained a top source of news for Americans, Blockbuster was still keeping its doors open and Twitter hadn’t even been invented yet. The iPhone was years away, online video streaming remained a novel concept and the idea of...

Quick Reads
AvidXchange To Buy FastPay For Media Industry Payments

July 12, 2021
Accounts payable (AP) platform AvidXchange is partnering with payments automation firm FastPay to advance services to middle-market media companies. FastPay specializes in payments automation solutions for the media industry. Terms of the deal were not disclosed. “FastPay’s expertise and purpose-built set of payments automation solutions for the media industry are what excited us about the […]

FastPay Teams With AIG To Launch Media Receivables Funding Vehicle

September 04, 2019
Financial technology company FastPay has announced it is creating a “receivables securitization program” with an $80 million first tranche. It has partnered with AIG and Cairn Capital, which will offer...