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

Too Many Moving Parts In Accounts Payable, Warns Tipalti
Too Many Moving Parts In Accounts Payable, Warns Tipalti
August 09, 2016  |  B2B Payments

A new report by supplier payments automation firm Tipalti says accounts payable executives are spending too much time paying their suppliers or getting their supplier...

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US Bank/Sage Partner To Expedite AP
US Bank/Sage Partner To Expedite AP
July 25, 2016  |  B2B Payments

Starting a small business can often be a crash course in accounting, especially with so few entrepreneurs actually having any background or expertise in financial...

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Canadian Bank Completes 20-Second Cross-Border Payment
Canadian Bank Completes 20-Second Cross-Border Payment
July 15, 2016  |  B2B Payments

One of Canada’s largest banks has sent one of the world’s first real-time cross-border payments, it claimed this week. ATB Financial announced on Thursday (July...

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Citi Emboldens Banks Against Bitcoin
Citi Emboldens Banks Against Bitcoin
July 05, 2016  |  B2B Payments

The financial services sector goes back and forth on bitcoin. Will it take off or be a monumental flop? Will it threaten the role of...

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Is FinServ Clueless About Blockchain?
Is FinServ Clueless About Blockchain?
May 31, 2016  |  B2B Payments

The majority of financial service providers familiar with the blockchain say the technology will emerge as the “most significant technological development since the Internet,” according...

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Meet The New Guy In US B2B Payments
Meet The New Guy In US B2B Payments
May 26, 2016  |  B2B Payments

The drive of payments innovation, security and speed in B2B payments is fueled by more than the basic buyer-supplier commodities transaction. There are other niches of...

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A Reality Check For B2B Payments
A Reality Check For B2B Payments
April 26, 2016  |  B2B Payments

In a perfect world, some might argue, paper checks wouldn’t exist. Payments would be fast — instant even — and accounts payable and accounts receivable...

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A Payment Rail Collage For Corporate Payments
A Payment Rail Collage For Corporate Payments
April 13, 2016  |  B2B Payments

Between legacy tools like paper checks, contemporary solutions like ACH and potential emerging innovations like the blockchain, B2B payments are no longer stuck with their...

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