Same Day ACH volume on the ACH Network leapt 65.7% in the third quarter compared to a year earlier, while the value of those payments rose 38.8%. Those increases brought the number of Same Day ACH payments in the third quarter to 355.2 million and...
How do you deal with an entity that is so malicious it will use a natural disaster to commit cybercrimes? It’s happening in the wake of the two hurricanes that hit the southeastern United States as well as severe storms in other parts of the...
It was Walt Disney who once said, “We keep moving forward, opening new doors, and doing new things, because we’re curious, and curiosity keeps leading us down new paths.” He, of course, was referring to the creative process, but his observation also powers executives in...
B2B payments are no longer just back-office concerns — they’re front and center for businesses looking to streamline operations and delight customers. But going it alone just isn’t an option. For B2B month, PYMNTS sat down with Ernest Rolfson, CEO of Finexio, Marne Martin, CEO of Emburse, and Loralee...
As Silicon Valley innovates with artificial intelligence, many companies remain burdened by outdated paper invoice systems. This disconnect hinders efficiency and presents financial risks. With invoice volumes set to rise sharply, businesses must recognize that manual accounts receivable (AR) processes can no longer meet modern...
Digital financial services company SoFi says it has adopted its subsidiary Galileo’s cloud-based Cyberbank Core. This integration, announced Wednesday (Oct. 16), will power a variety of payment services for commercial clients, among them debit, prepaid, ACH and wire transactions, and associated banking services. Cyberbank Core...
The Federal Trade Commission (FTC) announced a final rule that will require sellers to make it as easy for consumers to cancel their subscriptions, memberships and other recurring payment programs as it was to sign up. The “click-to-cancel” rule was approved and published after the...
British neo-bank Monzo says it now has more than 500,000 business customers. And with that milestone, the company announced Wednesday (Oct. 16) a new plan for “bigger small businesses” called Team, designed to give business owners more control over their financial management with less expense...
There’s no shortage of static when it comes to financial advisors with wellness advice these days. Social media feeds, banking apps, 24-hour news channels and podcasts are all crowded by influencers, experts and a never-ending deluge of what it takes to be financially secure. In...
