AP innovation is a significant step for business owners to make if they want to improve their relationships with other vendors and continue to build strong B2B relationships. Poor communication with vendors is the most-cited challenge for businesses... (Read More)
It may be time to update your payments technology if your transactions take longer than usual and/or include inaccurate data. If you have outdated payment software, you're more likely to lose out on valuable revenue and client... (Read More)
Artificial intelligence, or AI, is significantly shaking up the payments industry by introducing technology that no one has ever seen. This new technology is used for various applications, including targeted marketing, process automation, fraud... (Read More)
Payment friction is any online or offline process that makes it harder for those in the B2B space to make a purchase. Although some payment friction is good because it ensures customer transactions are secure, you don't want to have too much because... (Read More)
Real-time payments is a payment processing network that instantaneously sends money between two parties. Real-time payments are considered innovative and forward-thinking because transfers between bank accounts previously took about one to three... (Read More)
Real-time payments are settled instantly, making them a popular alternative compared to traditional payments. Real-time payment networks are unique because they provide 24/7/365 access and can transfer funds on weekends and holidays when traditional... (Read More)
Streamlining payment processes is necessary for business owners who want to cut down on payment processing costs and streamline business operations. Without efficient payment processing, you risk falling victim to friendly fraud, lost client... (Read More)
Chargebacks, or a charge returned to the payment card after a customer successfully disputes an item on their account statement, is a significant headache for SMBs in the B2B space. Chargebacks in low quantities are generally harmless, but your... (Read More)
Payment security is becoming a huge topic of concern as SMBs become more vulnerable to theft through cyber attacks and unwarranted chargebacks. With a strong payment security system and the right fintech in place, you're protecting yourself from a... (Read More)