| How APIs May Lower Barriers To B2B Virtual Card Adoption Single-use virtual cards offer a secure way to pay digitally, and while that may be attractive for corporate payers, the payments workflow involving v-cards often still requires manual processes. Privacy.com CEO Bo Jiang discussed the opportunity for application programming interface (API) integrations to lower the data entry burden in virtual card B2B payments and help drive the ecosystem away from the frictions of check and even ACH. |
| FinTechs Enhance The Value Of Real-Time Payment Rails This week's look at Payment Rail Innovation is all about value-added offerings on existing rails, as well as on emerging real-time payment schemes. In the U.S., NACHA noted that as ACH volume increases as a result of the pandemic, Same Day ACH is similarly on the rise. Meanwhile, ACI Worldwide is introducing overlay services to its real-time payments offering for financial institutions, and in India, the nation's new real-time payments system UPI was recently targeted for enhanced recurring payment capabilities. |
| | Accounts Receivable | | Optimizing Order-To-Cash For A Growing Recurring Revenue Landscape The recurring revenue model is an increasingly attractive one for companies in verticals not traditionally considered to be subscription services. RecVue CEO Nishant Nair says the cash flow predictability can be crucial to the survival of companies in the airline or hospitality sector, for example. Yet this strategy adds new challenges in the order-to-cash arena, he told PYMNTS, and companies must be prepared to adjust through technological adoption and an organizational culture shift before they jump in. |
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