JPMorgan collabs with Boost on card acceptance, Papaya eyes faster payments' global payroll impact and Xero collaborates to accelerate SMB payments
| | | | BUSINESS-TO-BUSINESS EDITION | | APIs Tackle Law Firms' Collections Conundrum When as much as 14 percent of law firms' accounts receivables are going uncollected, getting paid in the legal services industry can undoubtedly create headaches. Vince Arnoldi, president of ClientPay, discusses the opportunities application programming interfaces (APIs) offer in helping law firms collect â with data at the forefront of cheaper card acceptance, automated payments and flexible ways to settle the bill for individuals and corporates alike. |
| How SMBs' Digital Banking Demands Change The KYC Challenge For Banks Small businesses (SMBs) increasingly demand online and mobile banking services, and that includes the abilty to open a new account from their desktop or phone. PYMNTS' latest AML/KYC Tracker explores the opportunities â and limitations â of digital know your customer (KYC) strategies like video conferences to meet SMBs' remote onboarding needs. |
| | Payroll | | Faster Payments Ready Global Payroll For A Paradigm Shift Aggregating employee time data across formats and platforms, calculating tax and benefits withholdings, as well as processing and approving everything accurately and on time â payroll complexities are plentiful, and that's just on a domestic level. As the opportunity for a global distributed workforce grows, the complexities of international payroll quickly compound. Papaya Global CEO and Co-founder Eynat Guez tells PYMNTS how faster payment technologies are driving speed, accuracy and compliance â and a broader shift in how people think about getting paid. |
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