The Clearing House has reportedly said that it is not aware of any ongoing issues after a narrow processing error that affected deposits and transfers at...
When it comes to innovation in payments, there’s no more exciting time than right now. Historically, the U.S. businesses heavily relied on checks, Automated Clearing...
Business-to-business (B2B) payments play a crucial role in the modern economy, with experts projecting a staggering $111 trillion in transactions between businesses by 2027. However,...
The rise of digital banking and faster digital payment methods has brought about increasingly sophisticated fraud and financial crime. Against that backdrop, financial institutions (FIs)...
Even as the economy has recovered, inflation and other economic pressures are continuing to create problems for businesses’ cash flow. Sixty percent of all businesses surveyed said cash flow...
Restrictions on in-person interactions during the pandemic forced businesses to seek digital alternatives to paper checks as manual processes became impractical or impossible. In their...
One of the greatest pain points for businesses across all sectors during the pandemic has been manual payments. A significant share of organizations continue to...
This week’s look at payment rail innovation is all about value-added offerings on existing rails, as well as on emerging real-time payment schemes. In the...
As local- and state-level government entities continue to run, it’s not business as usual for the public sector — particularly in the way these entities...