Monneo explores merchants’ banking risk diversification, Emirates NBD partners for global business payments, and First Horizon collaborates to accelerate treasurer payments
| | | | BUSINESS-TO-BUSINESS EDITION | | Why Early Access To Earned Wages Is No Longer Reserved For The Gig Economy Providing employees with on-demand access to their earned wages isn't a new model, but it's seen its fair share of adoption barriers. The pandemic has helped employers push past many of them, says AnyDay CEO Gerard Griffin, and as he tells PYMNTS, more companies are understanding that this tool is no longer reserved for gig workers or low-wage earners. |
| RTP, Blockchain Make Inroads Within Corporations As if the coronavirus crisis weren't enough of a challenge for organizations still printing, cutting and mailing paper checks, the ongoing slowdowns at the U.S. Postal Service have added yet another hurdle to the payment method. With payment innovators looking to migrate B2B payments away from paper, there are a growing number of payment rails and technologies to help ease the pain of the shift. Increasingly, new rails like RTP and blockchain are finding inroads into the corporation. |
| | Single EU Market And Digital Banking | | The EUâs Single Digital Marketâs Push To Streamline Payments Relying on a single acquiring bank can spell trouble for merchants, but diversifying risk through multiple banks and payment service providers (PSP) can quickly become a headache when toggling between financial institution (FI) interfaces. However, Monneoâs Lilia Metodieva tells PYMNTS that PSD2 has set the framework to streamline merchantsâ PSP relationships and the payments ecosystem as a whole â particularly as the EU approaches a future as a single digital market. Hereâs how it works. |
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