payment rails

A payment rail is a payment platform or a payment network that moves money from a payer to a payee. Either party could be a consumer or business, and both parties are able to move funds on the network. Credit card rails are the credit card payment system.

Source: en.wikipedia.org

ACH Offers Middle Ground For Buyers, Suppliers
ACH Offers Middle Ground For Buyers, Suppliers
October 11, 2016  |  B2B Payments

When Sourcery launched, CEO Na’ama Moran said there was a bit of a chicken-and-egg issue: She wanted the company to become a holistic B2B payments player,...

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SWIFT Stands Behind Its Global Payments Innovation Initiative
SWIFT Stands Behind Its Global Payments Innovation Initiative
October 06, 2016  |  B2B Payments

SWIFT’s year has been filled with controversy, the apex of which occurred when reports surfaced that cyberthieves infiltrated Bangladesh Bank via the SWIFT messaging system in...

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MineralTree, Visa Push For Cards In Accounts Payable
MineralTree, Visa Push For Cards In Accounts Payable
October 05, 2016  |  B2B Payments

Today, accounts payable firm MineralTree announced a collaboration with Visa with a goal of helping corporates pay their suppliers by virtual card. Their partnership will...

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Cash Still King For Some (Not All) SMEs
Cash Still King For Some (Not All) SMEs
October 04, 2016  |  B2B Payments

The saying goes, “Cash is king,” and the rise of electronic payments technology has yet to dethrone cash. A new report by HMRC reinforces cash’s...

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Understanding Corporates’ Faster Payments Strategies
Understanding Corporates’ Faster Payments Strategies
September 27, 2016  |  B2B Payments

Amid the rollout of Same Day ACH — in the midst of several other faster, digital payments initiatives and in a market where B2B payments seem...

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Corcentric Joins The B2B Payments Game
Corcentric Joins The B2B Payments Game
September 26, 2016  |  B2B Payments

From sourcing to invoicing, B2B transactions involve a lot of steps before the actual payment. Corcentric is one company that focuses on streamlining those business processes,...

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B2B Check Use Rising Despite Approach Of Same Day ACH
B2B Check Use Rising Despite Approach Of Same Day ACH
September 21, 2016  |  B2B Payments

Same Day ACH is ready for its debut at the end of the week, and for some, its launch signals the next step for the...

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The Pressure Mounts For Oil & Gas To Manage Spend
The Pressure Mounts For Oil & Gas To Manage Spend
September 07, 2016  |  B2B Payments

The oil and gas sector is massive. IBISWorld research estimated total revenues for this industry in 2014 at $5 trillion. With all of that money,...

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Why Canada Is Blockchain’s Biggest Hot Spot
Why Canada Is Blockchain’s Biggest Hot Spot
August 10, 2016  |  B2B Payments

Banks across the globe have invested resources into exploring blockchain technology, and that includes in Canada. But this year, the nation thrust itself into the...

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