VersaPay, Solupay merge to create AR/AP payments network, Fed Chair urges vetting of digital bank currencies, Apple Pay Turns Six

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October 20, 2020

PYMNTS TV B2B Payments 2021

To Modernize B2B Payments, Break Down The Silos Between AP And AR

To modernize B2B payments, accounts receivable (AR) and accounts payable (AP) need to be more collaborative. As part of the ongoing B2B Payments 2021 PYMNTS TV series, Alan Koenigsberg, global head of new payment flows at Visa New Business Solutions, and five top executives from Transcard, Bank of America, WEX, Tradeling and Conferma Pay weigh in on how business payment flows can be redefined – and silos broken down.

 

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Credit Card Frictions Report

NEW DATA: The Impact Of Transaction Declines And Disputes On The Consumer-Merchant Relationship

Consumers love how easy it is to use credit cards to make purchases, but hate how hard it can be to dispute a transaction. In the Credit Card Frictions Report, PYMNTS surveyed over 2,000 consumers to examine how frictions such as card disputes and declines affect users’ perceptions of merchants, issuers and networks — in ways both good and bad.

 

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Breaking News: B2B Payments

VersaPay, Solupay Merge To Create Collaborative AR/AP Payments Network

Pain points abound in B2B – spanning paper checks, information gaps and even timing issues. In an interview with Karen Webster, Craig O’Neill, CEO of VersaPay, delves into the recent merger with Solupay, the trend toward AP/AR collaboration – and the end of the paper check.

 

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Instant Disbursements  

The Inevitability Of Instant Disbursements

Instant disbursements will eventually become the norm in both consumer and business payments, Ingo Money CEO Drew Edwards tells PYMNTS. When it happens is when treasury banks are finally ready leave their batch-processing past behind. 

 

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Credit Unions

PSCU: Credit Spend Rebounds, Offering CUs New Ways to Engage Customers (Digitally)

Financial institutions (FIs) are confronting the new digital reality and the opportunities for 

credit unions to engage with members who are more confident about spending money again. Scott Young, vice​ president of innovation at PSCU tells PYMNTS that mobile banking is the key.

 

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Apple Pay Adoption Study

Apple Pay At Six: How Consumers Are Using It At The Physical Point Of Sale

We here at PYMNTS will never forget the date Apple Pay launched since it’s the same day (different year) as we did. Six years since Apple Pay made its formal market debut, there is some good news and some bad news. PYMNTS surveyed nearly 3,000 consumers to learn how and where they’re using Apple Pay in the store for making purchases and the impact the pandemic has had on usage. The Apple Pay At Six report has all the details.

 

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