In today’s interconnected world, where digital transactions have become increasingly prevalent in business operations, the importance of robust cybersecurity measures cannot be overstated. As technology advances, so do the tactics of cyberattackers who seek to exploit companies’ vulnerabilities to gain access to sensitive financial information. 

Vendors and suppliers are the lifeblood of any business, playing a pivotal role in its success. They provide the goods and services necessary for companies to operate efficiently and meet customer demands. 

Technological advancements have reshaped the way we live, work and connect with each other — this is especially true when it comes to how we conduct business. Whether it’s shopping online for the latest tech software, supporting a nonprofit, purchasing a brand-new car, dining at a 5-Michelin-star restaurant, and more, technology has made the payment experience easier than ever.

Whether operating a hotel, inn or resort, you want solutions to help you work smarter, not harder. Managing accounts payable requires more than just organizing the process, it’s also about prioritizing convenience and accuracy.

In the hospitality industry, it’s important to properly manage outbound payments to vendors and suppliers. An efficient accounts payable system enables timely payments to vendors to maintain a healthy financial relationship. Additionally, paying them on time ensures a smooth flow...

In today's fast-paced world, convenience is essential, and businesses are always looking for new ways to improve their payment processes. An increasingly popular solution is text-to-pay, or Text Pay, which allows credit union members to make payments quickly and easily using text messages. 

In the age of technology and digitized processes, paper checks are gradually becoming a thing of the past. They were once one of the dominant payment methods, but today, roughly only 7% of consumers pay bills with paper checks. With the rise of electronic invoicing, mobile and digital payments, and online banking, consumers and businesses alike now have a wide range of options for making and receiving payments. 

Digital payment technology has made tremendous strides over the years, enabling anyone to receive or make payments from almost anywhere. Offering consumers digital payment options gives lenders a significant advantage but also opens the door to potential bad actors. Financial institutions store highly valuable information, making them the perfect targets for security breaches. As a result, security risks are rising, making it essential for lenders to implement safety measures that minimize these...

REPAY partnered with a Florida school system to optimize its payments to vendors. As one of the largest public school systems in the United States, the system has over 270,000 students across 300 schools and educational centers.

As the world moves toward digital payments, some sectors have hesitated to shift. For example, when it comes to B2B accounts receivable (AR) and accounts payable (AP), you rarely see digital money transfers. Many businesses are still clinging to the friction-filled legacy systems that require manual processes such as cutting checks and initiating ACH payments. However, while these methods may be tried and true, they're also time consuming, unreliable and can hinder a business, especially in times of...