B2B Payables Payments News Treasury & Cash Management

MasterCard's Latest B2B Offering Targets Mid-Market, plus Large Corporates

Today MasterCard announces its Payment Gateway enabling businesses to pay their suppliers with either Purchase Card or ACH transactions and deliver remittance data. Unlike rival B2B services launched this year by AmEx and JPMorgan Chase, MasterCard is targeting small and mid-sized companies as well as large corporates, and it is selling the product through financial […]

B2B Payables

JPMorgan + Xign = APTrac (reducing B2B check payments)

Yesterday JPMorgan announced the launch of AP Trac, the first new service based on its purchase of Xign back in May. APTrac is intended to replace paper checks, settles transactions via the purchase card network, delivers remittance data, and allows both buyers and sellers to track payments online. APTrac should be attractive to corporate AP […]

Payments News

Payments 2007 Conference Round Up

I'll be publishing more detailed notes and observations from the NACHA Payments 2007 conference over the next few days, but for now, here are the highlights: Mobile HypeLots of talk about mobile – both mobile banking and mobile payments. The consensus is that mobile payments (at the point of sale) are still a few years […]

AFP Payments News Research Round Up Security

Payments Fraud Increasing, Often Perpetuated In-house

The Association of Financial Professionals new Payments Fraud Survey finds that corporate payments fraud is on the rise.  Seventy-two percent of corporations experienced fraud (or attempted fraud) in 2006, up from 68% in 2005. Thirty-nine percent of organizations reported an increase in fraud incidents since 2005, 47% reported that the prevalence of fraud remained about […]

Bryan Derman Writings

A Deeper Look at Amex’s S2S eInvoice & Pay Service

Glenbrook’s Bryan Derman attended a briefing in New York by American Express on its new B2B commerce solution and had an opportunity to speak directly with a few of the executives involved. Here’s his report on this new service as posted to Payments News.