When companies add real-time transactions to their B2B payments mix, wire transfers and regular ACH are the typically the first methods to get displaced. Among the firms that receive real-time payments, the use of wire transfers is 5.9% lower than it is among firms that...
BNY Mellon is moving its wire payments infrastructure to Microsoft Azure and is also developing a treasury cash management relationship with Microsoft Treasury built on the Azure cloud payment system, according to a press release on Tuesday (Oct. 12). This latest collaboration builds on the...
This week’s roundup of payment rail innovations shines a spotlight on how B2B FinTechs are expanding the functionality and value of existing payment rails. Visa’s Visa Direct, for instance, embraces the company’s card rails to add value to professionals seeking early access to wages, while...
Same Day ACH is on the cusp of entering the market, blockchain startups are making their visions a reality with bank partners and the financial services industry as a whole, it seems, is ready to make payments faster and more digital. But in B2B payments,...
September 08, 2016
Same Day ACH is on the cusp of entering the market, blockchain startups are making their visions a reality with bank partners and the financial services industry as a whole, it seems, is ready to make payments faster and more digital. But in B2B payments, are corporates ready to participate in this new ecosystem? A […]
October 12, 2021
BNY Mellon is moving its wire payments infrastructure to Microsoft Azure and is also developing a treasury cash management relationship with Microsoft Treasury built on the Azure cloud payment system, according to a press release on Tuesday (Oct. 12). This latest collaboration builds on the bank’s existing relationship with Microsoft, both as a client and […]
