Companies

Biometric Payments Get a Boost as JPMorgan Targets $6B Opportunity

Insider Intelligence

“JPMorgan will pilot biometric technology that lets shoppers pay by scanning their palm or face with select retailers in the US, according to a company statement. The first pilots will work with brick-and-mortar stores in the US and potentially the Miami Formula 1 Grand Prix. If the pilot is successful, the tech will roll out to more […]

Tags: JPMorgan Chase

PaymentsPost

PaymentsPost #1 | Glenbrook’s February Roundup

There are a lot of headlines in the payments world. PaymentsNews is Glenbrook’s curated news feed of the headlines that matter most every day, but we’ll readily acknowledge that it can be a lot to digest. That’s why we’re introducing PaymentsPost, a month-end roundup of the news items that got us talking as a team […]

Tags: fis

ACH Data NACHA

Episode 192 - The Rising Value of Rich Account Data with George Throckmorton, Nacha

The Payments Network that Moves Data, Not Money

Take a listen to Yvette Bohanan and George Peabody as they speak with George Throckmorton, Senior Director at Nacha and the head of Nacha’s Phixius data network initiative.

Payments networks are remarkable constructions. They bring competitors together around a common set of rules and capabilities that then move millions of transactions a day and untold billions in value. That’s the network effect.

ACH Network Moves 30 Billion Payments, $77 Trillion in 2022 Led by Growth in Same Day ACH and B2B

Businesswire

“The modern ACH Network safely and efficiently processed 30 billion payments valued at $76.7 trillion in 2022, increases of 3% and 5.6% respectively over 2021. “2022 marked the tenth consecutive year in which the total value of ACH payments increased by at least $1 trillion. This underscores the fact that the ACH Network is an […]

Companies

OnlineCheckWriter.com Announces FreshBooks Integration

EIN News

OnlineCheckWriter.com, a leading b2b payments platform, announced that its customers can now easily integrate their FreshBooks accounts with its platform to handle payments and accounting tasks. The integration allows FreshBooks users to streamline their payment process, from invoicing to issuing payments, all in one place.

Tags: FreshBooks

Companies

PayJunction Partners With Plaid to Extend Seamless A2A Money Transfers

EIN News

PayJunction, a leading developer of payment processing technology, announced an integration with Plaid, a consumer-permissioned network powering the digital financial ecosystem to simplify bank payments, enabling PayJunction customers and partners to deliver a better pay-by-bank experience. Integrating Plaid’s secure account-to-account (A2A) bank connectivity technology with PayJunction’s payment gateway will allow B2B and B2C businesses to […]

Tags: Plaid

Companies

Intuit QuickBooks Business Network to Accelerate and Automate B2B Payments for Millions of U.S. Businesses

Intuit

Intuit, the global financial technology platform that makes TurboTax, Credit Karma, QuickBooks, and Mailchimp, expanded availability of the Intuit QuickBooks Business Network to millions of small and mid-market businesses in the U.S., creating one of the largest business-to-business (B2B) networks aimed at accelerating and automating B2B payments and improving overall cash flow.

Tags: Intuit

Companies

American Express to Acquire B2B Payments Automation Company Nipendo

Businesswire

"American Express today announced that it has entered into an agreement to acquire Nipendo, a company used by global businesses to automate and streamline business-to-business (B2B) payments processes. The transaction is American Express’ latest strategic step toward its goal of creating a leading end-to-end B2B platform, making business payments simpler and more efficient. American Express is building a broader suite of B2B capabilities for both buyers and suppliers through new product development, M&A and partnerships."

Tags: American Express

Uncategorized

Allianz Trade, Santander CIB & Two develop B2B BNPL solution for MNCs

IBS Intelligence

Allianz Trade, e-commerce payments platform Two, and Santander Corporate & Investment Banking (CIB) have partnered to provide a global B2B Buy Now Pay Later (BNPL) solution for large multinational corporates. The first-of-its-kind partnership combines Allianz Trade’s experience in trade credit insurance with Two’s B2B BNPL technology and Santander CIB’s expertise in Working Capital Solutions. Corporates will now have a one-stop solution to offer merchants instant deferred payments at checkout. With a single API integration powered by Two, Santander CIB finances upfront payments to sellers and credit terms to buyers globally. Allianz Trade, on the other hand, ensures the whole value chain is secured against non-payment risk.

Domains

Billtrust Releases 2022-23 Gen Z and Digital Payments Study

Businesswire

“A new study released today by B2B accounts receivable automation and integrated payments leader Billtrust examines Generation Z – those born between 1997 and 2012 – and their evolving views and behaviors when it comes to digital payments and what these shifts mean for industries across the board. Billtrust’s 2022-23 Gen Z and Digital Payments Study — […]

Companies

Wamo Introduces Affiliation with Shopify to Help E-Commerce Businesses Around the World

GlobeNewswire News Room

“Wamo, one of the fastest-growing payments platforms for the e-commerce industry, is now affiliated with Shopify Inc., the global provider of cloud-based, multi-channel services platform, powering thousands of small and medium-sized businesses around the world. The digital financial services provider Wamo will, going forward, provide clients with an end-to-end solution that combines banking and e-commerce […]

Tags: Shopify

Companies

Bank of the West Joins Forces With Extend to Optimize B2B Payments with Virtual Card Distribution and Management

Businesswire

“Extend, a leading virtual card and spend management platform, today announced a collaboration with Bank of the West, which has more than 600 branches and Commercial Banking Offices across the Midwest and Western United States. Bank of the West small and mid-size clients can begin using Extend in minutes, without any technical integration or additional application […]

Tags: Bank of the West

Companies

American Express Launches Amex Business Link™, a New Digital B2B Payments Ecosystem for Network Participants

Businesswire

“American Express  announced Amex Business Link™, a new business-to-business (B2B) payments ecosystem for network issuing and acquiring participants to offer to their business customers. Amex Business Link makes managing payments easier for buyers and suppliers of all sizes by accepting card and non-card payments and supporting domestic and cross-border transactions. The new digital ecosystem is equipped […]

Tags: American Express

Companies

OnlineCheckWriter.com Users Can Now Send and Receive International Payments in Any Currency

EIN News

“OnlineCheckWriter.com, a leading B2B payments company, announced today that businesses could make international payments through the platform in any currency of their choice. Users could create wallets funded through different currencies and transact as required. Payers can initiate transactions in any currency of choice, while the payees would be free to accept funds in their preferred […]

Tags: OnlineCheckWriter.com

Companies

BillBox Unveils Wearable Device for Contactless Payments

The Hindu

“BillBox, a solution provider in the payments and merchant ecosystem in India, has introduced TapTap, a wearable device facilitating contactless payments, in association with NSDL Payments Bank and Visa.    The objective is to accessorise payment and provide convenience to users, the company said. “Now, people should wear money, not carry money in wallets. It […]

Tags: BillBox