Straight Through Processing news and trends

Canadian Businesses Swap Checks for Commercial Cards
B2B Payments // December 20, 2022

Checks remain a key B2B payment method in Canada, but commercial cards are changing that. A driving force behind this is the partnership of New York-based Boost Payment Solutions and Toronto-based payment processor Moneris, as the latter is bringing more of Boost’s commercial card and...

Corporate Cards’ Adoption Strategy: Lessen Friction, Sweeten The Deal
B2B Payments // August 04, 2021

When it comes to commercial card adoption, issuers and FinTechs can either reduce the friction of using and accepting cards, or they can sweeten the deal to encourage more traction. This week’s look at the latest in commercial card innovation explores how industry players wield...

Payment Rail Innovators Focus On B2B Payments Data
B2B Payments // June 30, 2020

Whether building solutions on existing rails like ACH, or developing new infrastructure to bypass legacy tools, payment rail innovators are placing a new emphasis on data. This week’s exploration of Payment Rail Innovation finds industry players including Nacha and Boost Payment Solutions emphasizing B2B payment...

What eInvoicing Standardization Could Mean For AP Automation
B2B Payments // October 25, 2019

As the U.S. Federal Reserve continues to make headway in promoting faster and real-time payments innovation and adoption, the body is simultaneously exploring a less flashy, but perhaps no less important, initiative that could similarly impact the B2B payments landscape. The Federal Reserve Bank of...

Interviews & Exclusives
Canadian Businesses Swap Checks for Commercial Cards

December 20, 2022
Checks remain a key B2B payment method in Canada, but commercial cards are changing that. A driving force behind this is the partnership of New York-based Boost Payment Solutions and Toronto-based payment processor Moneris, as the latter is bringing more of Boost’s commercial card and straight-through processing (STP) capabilities to Canadian businesses. In a recent […]

Automate Or Stagnate: The Accounts Payable No-Choice Choice

March 13, 2019
Inertia is a powerful, if unhelpful, force in business. A process doesn’t necessarily have to be good or useful to get a contingent of people attached — it just has...

Quick Reads
Boost and Esker Partner to Automate B2B Virtual Card Payments

September 05, 2023
Boost Payment Solutions and Esker have partnered to fully automate virtual card processing for accounts receivable (AR) departments. The collaboration seeks to streamline payment reconciliation and eliminate manual efforts, offering greater efficiency and simplicity to the virtual card acceptance process, the companies said in a Tuesday (Sept. 5) press release. Virtual card payments have gained popularity in the business-to-business […]