On The Web
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“Global payments platform Veem announced on Wednesday the launch of its latest product, Veem Check. According to Veem, U.S.-based users can now issue all of their domestic payments, which include online, check, or Instant Deposit, within minutes on the Veem platform.”
On The Wires
nbsp;BofA Launches Cross-Border Payment Tracker, Expands SWIFT gpi Support to 140+ Currencies
“Bank of America, a charter member of SWIFT Global Payments Innovation (gpi), announced today the launch of a CashPro® self-service tool that allows clients to have real-time visibility into their international payments. Accessible through the bank’s integrated platform, CashPro , the SWIFT gpi module brings to life a wealth of cross-border payment data facilitated by […]
Bill.com and Wells Fargo Introduce Bill Manager to Help Businesses Pay and Get Paid with Increased Simplicity, Visibility and Control
“Bill.com (NYSE: BILL), a leading provider of cloud-based software that simplifies, digitizes and automates complex back-office financial operations for small and midsize businesses (SMBs) and Wells Fargo & Company (NYSE:WFC) today announced Bill Manager , a new joint offering now available to help automate and simplify the accounts payable and receivable process for small to […]
Visa Commercial Pay Brings Virtual Card Capabilities to Clients and Partners Worldwide
“Visa (NYSE:V), the world’s leader in digital payments, and Conferma Pay, the world’s foremost provider of virtual payments technology, today announced a strategic partnership to launch Visa Commercial Pay, a suite of B2B payment solutions, to help improve cashflow for businesses and eliminate outdated manual processes.”
Bill.com Launches Tailored Offering for Wealth Management Firms to Help Deliver Bill Pay Services for High-Net-Worth Clients
“Bill.com (NYSE: BILL), a leading provider of cloud-based software that simplifies, digitizes and automates complex back-office financial operations for small and midsize businesses (SMB) today announced a new offering for wealth management firms supporting high-net-worth clients. The solution enables firms to shift from a cumbersome and time-intensive approach to an automated and secure bill payment […]
Cambridge Global Payments and Beanworks Pave the Way for Cross Border Payments and AP Automation
“Cambridge Global Payments (“Cambridge”), a FLEETCOR company (NYSE: FLT) and a provider of integrated cross-border payments and currency risk management solutions, and Beanworks Solutions, a leader in cloud-based accounts payable automation, announce that they are continuing their partnership to combine services and provide customers with a complete AP automation technology solution that can simplify the […]
American Express Enhances Early Pay Supply Chain Solution for Large Companies
“Today, American Express (NYSE:AXP) announced enhancements to Early Pay in the U.S., the company’s supply chain payment solution to give large companies – and their suppliers – the ability to pay and get paid when they want through an easy-to-use digital platform. Initially launched in 2018, American Express’ Early Pay solution has evolved to provide […]
Mastercard Advances Multi-Rail Strategy to Modernize Business Payments
“Mastercard continues to deliver on its multi-rail strategy with the addition of Account-to-Account (A2A) payments functionality to Mastercard Track™ Business Payment Service. This launch represents the next phase in Mastercard’s journey to modernize business payments by solving persistent pain points that Buyers and Suppliers experience today. Building on the success of card payments within Mastercard […]
U.S. Bank simplifies accounts payable, digitally transforms invoice-to-pay process with AP Optimizer
“AP Optimizer connects businesses to the established Bottomline Paymode-X network of 425,000 suppliers U.S. Bank has introduced AP Optimizer ™, a digital tool that simplifies and transforms invoice processing and payments for businesses within a single system. Additionally, organizations can reduce costs, create rebate opportunity and better manage working capital.”
Nacha Announces First Live Transactions on the Phixius Platform
“Today Nacha announces that Phixius, a new platform that facilitates the trusted exchange of payment information is live and has completed its first information exchange transactions between participants…Phixius provides interoperability between vetted participants who connect directly to the platform in order to more securely exchange data rather than storing it in a central repository, such […]