My colleague Bryan Derman and I are in Orlando for NACHA's Payments 2009 conference. Just heading off to bed, but thought I'd do a quick post to share some B2B stats that were just released: Business-to-Business (B2B) Payments/Financial EDI More than 1 billion...
Recently a number of ecommerce merchants and traditional companies have asked us, "Can I just outsource ALL of my payment processing? I've had it!" At first we suspected that these requests were driven by PCI compliance concerns. As it turns out that's only a small...
It's springtime, and annual payments statistics are starting to bloom. A good time, perhaps, to consider the state of business-to-business (B2B) payments. NACHA recently released figures showing that ACH CTX transactions grew by 15% in the fourth quarter, compared to...
A recent survey by Treasury & Risk Magazine reveals that only half of companies with revenues under $2 billion have automated either their accounts receivable (A/R) or accounts payable (A/P) processes: Just over half of the firms that participated in the survey...
Glenbrook, in cooperation with Forte Financial just finished our first Payments Workshop on B2B payments, called "eB2B Payments at the Tipping Point". Attendees from American Express, MasterCard, Visa, JPMorgan Chase, Wells Fargo, Intuit and PayPal, among others,...
One of the reasons I went to the AFP (Association for Finance Professionals) conference in Boston in October 2007 was to get updated on the progress of the migration of business to business (B2B) payments from checks to electronics. As a general statement, progress on...
