9 results related to "B2B Payments"
… the number of organizations reporting attempted or actual payments fraud rose considerably in 2023, new research found. The “2024 AFP Payments Fraud and Control Survey Report” showed the number … Executive Vice President, ACH Network Administration. “B2B volume on the ACH Network climbed almost 11% last year, …
… were targeted by BEC attacks, according to the “2021 AFP Payments Fraud and Control Survey Report.” BEC typically … the fact that organizations are using fewer checks in their B2B transactions as well as increasing the use of electronic … Administration. “The pandemic has accelerated the shift in B2B payments from check to ACH. B2B payment volume on the …
… and personal email accounts and a request to send wire payments to fraudulent bank accounts.” “More recently, … shift from checks to electronic for business-to-business (B2B) payments. Nacha earlier reported an 11.8% increase in B2B volume on the ACH Network from 2021 to 2022. Checks …
… of our lifetimes,” Larimer said in her keynote speech at Payments Remote Connect. With more than $650 billion of economic aid payments made, and now $15 billion in child tax credit … they discussed was the significant increases in electronic B2B payments, with Hussey noting that “it’s hard to get two …
… The third window for submitting Same Day ACH payments to the ACH Network has quickly gained acceptance … ODFIs, all said they were handling business-to-business (B2B) payments in the third Same Day ACH window. Payroll was cited …
… When it comes to B2B, sometimes processing payments can be a job in and of itself. Payment information … aspect. The practical aspect is the ease this can bring to B2B payments. Collecting the necessary information from new …
Afinis Interoperability Standards Releases New APIs for Account Ownership Validation and Payment Initiation
… owner as a way to provide greater certainty for originating payments to correct accounts,” said George Throckmorton, … API standard, Authorize to Initiate Payment, supports B2B debits, which commonly require payors to visit multiple … options and receivers to enable straight-through processed payments. These two APIs are the newest additions to the …
… owner as a way to provide greater certainty for originating payments to correct accounts,” said George Throckmorton, … API standard, Authorize to Initiate Payment, supports B2B debits, which commonly require payors to visit multiple … options and receivers to enable straight-through processed payments. These two APIs are the newest additions to the …
… strategies, particularly among business-to-business (B2B) payments. Those included substantial increases in volume (nearly 51%) and value (41.5%) of B2B payments using the ACH Network from the second quarter …