Remove Accounting Remove B2C Remove Reconciliations Remove Securities
article thumbnail

Deep Dive: The Risk-Reducing Case For Push Payments

PYMNTS

Customers, on the other hand, need to be assured that their PII, such as credit card or bank account numbers, will remain safe. . The movement of money is initiated when the merchant’s bank requests to “pull” money out of the customer’s account and place it into the merchant’s. B2C push payments can deliver quick funds to consumers.

B2C 44
article thumbnail

How New B2B Payment Models Tackle The Buyer-Supplier Conflict

PYMNTS

Corporates want to delay payment as long as possible in order to better manage cash flow, while suppliers are pressed to accelerate accounts receivable to strengthen their own cash positions. One of the most prominent culprits behind that friction is the intrinsic conflict that buyers and suppliers face in their payment flows.

B2B 81
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Where Blockchain Could Lift The Burden Of B2B Payments, Data Exchange

PYMNTS

B2B payments has a reputation for being slower than B2C transactions to innovate, but that’s not without reason. The EDI is a particular pain point for trading businesses, says Clay Dedeaux, director of Account Services at Crowdz. Today, most business commerce happens with a lot of manual processes,” he said.

B2B 43
article thumbnail

Today In B2B: ERPs Broaden B2B Payments Capabilities; Bloomberg Broadens Credit Risk Data Pool

PYMNTS

Today in B2B, Bloomberg broadens its credit risk data pool, and two ERP solutions secure B2B payments integrations. Everlink, FINTAINIUM Team Up To Offer Real-Time B2B, B2C Payments. Palette Software has connected its accounts payable (AP) automation cloud technology with Aptean ERP , according to a Monday (Nov.

article thumbnail

Why Digitization Isn't Enough For A Positive B2B eCommerce Experience

PYMNTS

While the business-to-consumer (B2C) eCommerce boom has arguably already occurred, the global pandemic is introducing a second wave of digital commerce adoption. But this isn't a trend reserved for the B2C space anymore. But this isn't a trend reserved for the B2C space anymore. Tailoring For Unique Needs.

B2B 72
article thumbnail

Seller Platforms And Digital Marketplaces Define B2B Payments For 2021

PYMNTS

Accounts payable (AP) departments were no longer in the office to cut paper checks, and accounts receivable (AR) personnel were no longer in the office to receive them. That's especially true, he told PYMNTS , when it comes to capturing data from purchase orders and invoices to accelerate document processing and reconciliation.

B2B 119
article thumbnail

Deep Dive: How APIs Can Help Drive Faster Payments

PYMNTS

In addition, they can spare tenants from fines related to late rental payments by helping them more rapidly move money into their landlords’ accounts. . These tools allow systems to better interact with one another, helping two parties to more securely transmit data. .

B2C 64