PYMNTS-MonitorEdge-May-2024

commercial payments

Mastercard ‘Moves’ Into Commercial Cross-Border Payment Solution for Banks
Mastercard ‘Moves’ Into Commercial Cross-Border Payment Solution for Banks
October 21, 2024  |  Cross-border Payments

Mastercard introduced a new solution that will enable banks to facilitate commercial cross-border payments that are near real-time, predictable and transparent. The new Mastercard Move...

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Bank of America Extends FX Rate Guarantee for Year
Bank of America Extends FX Rate Guarantee for Year
October 21, 2024  |  Cross-border Payments

Bank of America now allows companies to lock in foreign exchange (FX) rates for up to one year. The Guaranteed FX Rates offering simplifies the...

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BNY and Mizuho Bank Collaborate on Trade Services in Asia
BNY and Mizuho Bank Collaborate on Trade Services in Asia
October 21, 2024  |  Banking

The Bank of New York Mellon Corp. (BNY) and Mizuho Bank are collaborating to provide trade services to corporate clients in Asia. The banks have...

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Cross-Border Payments 2.0: Faster, Cheaper and More Transparent
Cross-Border Payments 2.0: Faster, Cheaper and More Transparent
October 21, 2024  |  Cross-border Payments

Cross-border payments are an integral part of the engines that keep economies worldwide going, but they get a bum rap. As payments wind their way...

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From Cash Flow to Growth Engine: How Growth Corporates Rethink Working Capital
From Cash Flow to Growth Engine: How Growth Corporates Rethink Working Capital
October 21, 2024  |  VISA

At its most basic level, working capital is the cash flow needed to fund short-term costs and operations. However, the operative definition of working capital,...

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Treasury Calls for Federal Payments Framework, but Key Details Remain Unclear
Treasury Calls for Federal Payments Framework, but Key Details Remain Unclear
October 18, 2024  |  Regulation

Through the past several weeks and months, the drumbeat’s grown louder for regulations at the federal level to govern nonbanks — especially FinTechs, neobanks and...

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Halfway Through: 3 Things We’ve Learned From PYMNTS B2B Month
Halfway Through: 3 Things We’ve Learned From PYMNTS B2B Month
October 18, 2024  |  B2B Payments

It’s been a busy October at PYMNTS. The monthlong event, B2B Payments: Outlook 2030, has been putting an exclamation point on the fact that B2B...

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Fifth Third Bancorp Sees 10% Jump in Commercial Payment Business
Fifth Third Bancorp Sees 10% Jump in Commercial Payment Business
October 18, 2024  |  Earnings

Fifth Third Bancorp continues to see positive results from its commercial payments operation. The Ohio-based lender reported third-quarter earnings Friday (Oct. 18) showing revenues from...

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Truist Debuts Electronic Bill Pay for Wholesale Payments Clients
Truist Debuts Electronic Bill Pay for Wholesale Payments Clients
October 18, 2024  |  Digital Payments

Truist debuted a billing payment solution for its wholesale payments clients. The bank’s Electronic Bill Presentment and Payment platform is designed to modernize payment management...

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