Accounts payable (AP) may not always grab headlines, but its evolution is critical to business success. However, embracing the digital evolution of back-office cost centers is often easier said than done. Many AP teams, even in the 21st century, still find themselves at a standstill...
The death of the paper check may be a ways off — certainly that’s the case with B2B transactions. In interviews with PYMNTS, executives have noted the fact that nearly half of commercial transactions are done through checks. Through PYMNTS Intelligence’s own reports, we’ve found...
FIS is teaming with Oracle to remove paper checks from the utility billing process. The FinTech company announced Tuesday (Nov. 12) that its BillerIQ solution, running on the Oracle Cloud Infrastructure, will allow Oracle — which manages billions of utility customer bills each year —...
Given the chance, most consumers will choose digital payments over paper checks. Yet the check endures, expensive to make and mail and manage, and they often sit uncashed at the back of a drawer for weeks and even months. And yet, as Rusty Pickering, president...
December 02, 2024
Accounts payable (AP) may not always grab headlines, but its evolution is critical to business success. However, embracing the digital evolution of back-office cost centers is often easier said than done. Many AP teams, even in the 21st century, still find themselves at a standstill between legacy inefficiencies and innovation. “As much as we’d like […]
November 05, 2024
Given the chance, most consumers will choose digital payments over paper checks. Yet the check endures, expensive to make and mail and manage, and they often sit uncashed at the...
August 19, 2024
The transportation industry is a high-speed world of logistics and delivery, where efficiency and speed are paramount. Yet, the methods by which many transportation businesses conduct financial transactions are not...
November 28, 2022
Everything’s digital now, and paper check fraud hails from a bygone age, right? Wrong. Data finds the exact opposite, as the glaring problem with remote check capture is...
December 04, 2024
Federal Reserve Financial Services (FRFS) now helps financial institutions combat check fraud by enabling them to see deposit information and images of potential duplicate items for commercial checks. This ability is enabled by an expansion of the FedDetect Duplicate Notification for Check Services to include commercial checks as well as the Treasury checks it already […]
November 12, 2024
FIS is teaming with Oracle to remove paper checks from the utility billing process. The FinTech company announced Tuesday (Nov. 12) that its BillerIQ solution, running on the Oracle Cloud...
August 22, 2024
Payments solution provider Checkbook has expanded its payment operations. The company announced this expansion in a Thursday (Aug. 22) news release, saying it marked a milestone in “streamlining check and payment operations for a variety...
July 05, 2024
Paying with paper checks at Target will soon be a thing of the past. The retailer said it will stop accepting personal checks at its stores later this month, according...
