B2B B2B Payments Commercial Payments Erin McCune Payables Receivables Research Round Up

As Big Companies Squeeze Small Suppliers eB2B Payments Can Help

The WSJ reports today that as economic uncertainty persists, large companies are more successful than smaller companies in retaining their cash. They do so by paying their suppliers later – delaying payment out to 120 days or more in some cases – while simultaneously tightening the credit terms they offer their own customers, forcing them […]

ACH B2B Payments Erin McCune Federal Reserve Financial Regulators Global Payments NACHA P2P

Countdown to IAT: Are You Ready?

In just 30 days, on September 18th, the new International ACH format – IAT – and accompanying NACHA rule changes go into effect. This is the most significant change to the ACH network in decades, affecting corporate payment initiators, financial institutions of all sizes, financial software companies, and payment service providers. The new rules have […]

B2B Payments Erin McCune Payables Research Round Up Treasury & Cash Management

Supplier Network Interoperability is Key to B2B ePayment (Forrester)

A new report from Forrester underscores a theme that my partner Carol Coye Benson and I have been championing for months now. Widespread adoption of B2B electronic payments is dependent upon an open directory that allows business buyers that want to pay electronically find out which of their myriad of suppliers accept electronic payment and […]

B2B Banking Erin McCune Global Payments SWIFT Treasury & Cash Management

Curious about SWIFT? GTNews Call for Questions

GTNews – the go to source for global treasury news – is soliciting questions about SWIFT connectivity for Corporates. If you’ve been meaning to learn more, go to the GTNews home page and navigate to the blue box on the bottom right.

ACH B2B Commercial Payments Erin McCune Global Payments Innovation NACHA

The Future of ACH

Editor’s Note: This is one of a pair of ACH commentaries that we are publishing today on Payments Views. Be sure to also read Carol Coye Benson’s post “ACH:  Big Questions for the Biggest Network” based on her recent interview with NACHA CEO Jan Estep. I recently presented to TAWPI’s Payments Capture and Clearing (PCC) […]

ACH Carol Coye Benson Commercial Payments Financial Regulators Innovation P2P

A Look at the U.K.’s Faster Payments Service

Many of us in the United States who follow the continuing evolution of the ACH network have been interested in the United Kingdom’s “Faster Payments” initiative.  FP just hit the one-year-since-launch milestone.  I spoke with David McFarlane, Company Manager, CHAPS Clearing Company about FP.  I was surprised by much of what he said: FP is […]

B2B Payments Erin McCune P2P PayPal

PayPal Send Money for B2B Payments

Today I logged into PayPal to send money to a friend of mine and noticed that PayPal is promoting its “Send Money” functionality to businesses for paying suppliers and vendors.

B2B Payments Card Payments Commercial Payments Credit Cards Erin McCune Research Round Up

Glenbrook Research: Credit Card Acceptance for B2B Payments

At Glenbrook we believe that B2B payments are among the most compelling opportunities in the payment industry today. Card acceptance is growing, yet businesses lack the tools to efficiently process transactions. My colleague Carol Coye Benson and I recently published the findings from a series of interviews with business-to-business suppliers about credit card acceptance that […]

Carol Coye Benson Glenbrook

Glenbrook’s Payments Systems and Domains Analysis

Each year, Glenbrook attempts the impossible – to create a simple table showing U.S. payments system volumes, by both “amount” (dollar value) and “count” (number of transactions) – all mapped to payments domains. We use the term “domain” to refer to the purpose of the payment – so that purchases at the point of sale, […]

B2B Payments Carol Coye Benson Commercial Payments Glenbrook Treasury & Cash Management

Key Take-aways from Glenbrook's B2B Payments Workshop in NYC Last Week

Last week Glenbrook conducted an “Opportunities in B2B  Payments” workshop in New York City.  Erin McCune and I led the workshop, which was attended by product strategists from card networks, NACHA, The Clearing House, major banks, processors, software and service providers and payments start-up companies.  The group had significant experience in B2B payments and shared […]

B2B Payments Change Management Erin McCune Management Project Management Technology

Rescuing a Derailed Payments Project

Every now and then, I get brought in to trouble shoot a payments initiative gone awry. For the last week I was hunkered down in triage mode with a client team suffering from a derailed project. They were exhausted, drowning in user complaints, struggling to fix bugs, and disillusioned with their vendor. I’ve thought long […]

B2B B2B Payments Erin McCune Online Banking Payables Receivables Wells Fargo

Guided Tour of the New Small Business Invoicing Product from Wells Fargo

Yesterday Wells Fargo announced a new online invoicing solution for its small business customers that positions the bank to compete against entry level accounting packages. I’ve tried it out and I am impressed: it’s quick, easy, and intuitive. This afternoon I spoke with Richard Weeks, Sr Vice President at Wells Fargo’s Internet Service Group, to […]

ACH B2B Payments Conferences & Meetings Erin McCune Web 2.0 in Financial Services

NACHA Payments 2009 Highlights

I was Twittering away throughout the conference (full archive of conference related Twitter posts here) thus neglecting coverage here at Payments Views. So here are some belated highlights, observations, and recurring themes from last week’s NACHA Payments 2009 Conference in Orlando.

ACH Conferences & Meetings Erin McCune Facebook Web 2.0 in Financial Services

Heidi Miller Challenges the Status Quo at NACHA Payments 2009

Heidi Miller, CEO JPMorgan Treasury & Securities Services, didn’t pull any punches this morning when she addressed the NACHA Payments 2009 conference. The financial crisis – and resulting economic uncertainty – is just one of the real dangers to the ACH network but those same dangers can be an opportunity for improvement. (I suspect she […]

B2B Payments Bank of America Card Payments Commercial Payments Erin McCune Global Payments

BofA: Strong Demand for ePayables and Supply Chain Solutions

Glenbrook’s Carol Coye Benson and I discussed B2B payments with Kevin Phalen of Bank of America this last week. Kevin is an Integrated Debt and Treasury Solutions Executive and joined the bank nine months ago, having previously held positions at JPMorgan Chase, First Data Corporation, MasterCard International, and Sears Credit. Not surprisingly, Kevin’s outlook for […]