By Doug Hathaway, VP of Engineering, Versapay Over three-quarters – 77% – of CFOs reported being behind on invoice-to-cash reconciliation, according to a survey of 300 CFOs by Wakefield Research for Versapay. This research also found that the respondents’ companies held an outstanding balance of ...
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Payments Trends
Payments Trends
By Dave Glaser, CEO, Dwolla By now, when business leaders hear about digital transformation, they should think, “Been there, done that.” However, some major corporations are still lagging behind the technological curve and missing opportunities to gain a competitive advantage. Previously, digital transformation decisions often ...
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By Shai Gabay, Co-founder & CEO, Trustmi Fraud and human errors affecting business payments have threatened companies worldwide over the last decade. However, we’ve seen this trend accelerate over the past four years, with many reports showing that it’s only getting worse. Various activities enable ...
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By Trinity Van, PayNearMe When low-income individuals start businesses, the first hurdle they face is securing a loan. The second is getting the loan payments disbursed quickly and safely, preferably in the same account they use to pay their business expenses. By design, many small ...
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The payment industry is exploding with innovation. From digital wallets to blockchain, experts predict advancements in payments will play a significant role in driving the success of retailers everywhere, online and off. Staying competitive within your industry means adapting to current payments technology, and embedded payment ...
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By Chris Abele, VP & General Manager, Global & Emerging Payments, Fiserv Globalizing commerce presents an enormous revenue opportunity. Credit Suisse says cross-border commerce accounts for roughly $900 billion in payments volume globally. Yet, as enticing as it may be for businesses to expand into ...
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By Michael Engel, Managing Director & VP of Payments at Diebold Nixdorf Payments are a critical piece of a financial institution’s value proposition. Payments represent nearly a third of revenue at most banks and the largest share of bank interactions with customers. However, over the ...
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Alex Baulf, Senior Director, Global Indirect Tax and E-Invoicing, Avalara E-invoicing isn’t a new concept in the world of payments. Since the advent of machine-readable document formats, businesses have been sending and processing electronic invoices as part of their accounts receivable and payable processes. However, ...
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Corporate treasury departments are embracing social tokens, real-time payments, virtual cards and other digital innovations for their speed, security and convenience, according to new research from Citizens. But, traditional payment modes – checks, Automated Clearing House (ACH) and physical credit cards still cling to life in ...
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By Rick Sunzeri, Director of Enterprise Accounts at ClearSale Are alternative payments even “alternative” anymore? A lack of alternative payment options such as digital wallets and BNPL is now a potential deal breaker for the 55% of consumers who say they’d consider abandoning their cart ...
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