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Expanding AccountMate Capabilities with Vendor Payment Automation

Expanding AccountMate Capabilities with Vendor Payment Automation

How many platforms does your business access during a typical workday? Maintaining separate systems to run your business is inefficient and expensive, and it is prone to manual entry errors, reporting nightmares, and poor vendor experiences.

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ACH Fraud: The Urgent Need for Validating ACH Transactions

ACH Fraud: The Urgent Need for Validating ACH Transactions

Automated Clearing House, better known as ACH, offers an electronic way for consumers and businesses to make payments quickly and easily for goods and services. ACH uses bank routing and account numbers to move money between parties. Have you considered the risks associated with sharing such sensitive account details?

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Can You Spot a Fraudulent Invoice?

Can You Spot a Fraudulent Invoice?

Accounts Payable (AP) teams have increasingly become targets of payment fraud, as they often still rely on paper and manual processes. Invoices are especially easy to infiltrate, given fraudsters' proficiency with image-altering tools. Do you know what to look for to spot a fraudulent invoice?

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Practicing What We Preach-The Case for Vendor Payment Automation

Practicing What We Preach-The Case for Vendor Payment Automation

Businesses are continuously seeking new ways to increase the efficiency of their teams and grow revenue. Accounts payable (AP) teams are often overlooked in this search, but why?

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Adapting to Regulatory Changes in the Payments Industry

Adapting to Regulatory Changes in the Payments Industry

The world of payments is constantly evolving, with new technologies like mobile wallets and real-time transfers emerging all the time. While these innovations offer exciting opportunities for businesses, they're also accompanied by a growing web of regulations designed to protect consumers and ensure security and financial stability. Keeping pace with these payment regulations and adapting your business practices can feel overwhelming, especially for smaller companies with limited resources.

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Fintech’s Role in Cost Reduction for Financial Institutions and Lenders

Fintech’s Role in Cost Reduction for Financial Institutions and Lenders

Fintech, or tech-driven financial services, is reshaping finance globally. This high-tech change affects products, business operations and the overall financial landscape. It introduces fresh ways to collect and use data, craft unique investments and provide innovative services.

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Enhancing Exception Management for More Efficient Mortgage Payments

Enhancing Exception Management for More Efficient Mortgage Payments

In today’s ever-changing world of mortgage finance and servicing, there are many obstacles and challenges each enterprise must overcome to remain competitive and compliant in the marketplace. The foundation and core of mortgage financing is providing the needed funds for borrowers to achieve the American dream of homeownership. Additionally, the most fundamental activity that must occur over the life of the loan is the repayment of the debt. It is essential for servicers to make this process as simple as...

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Enhancing Payment Options for Business Success

Enhancing Payment Options for Business Success

Amidst the ever-evolving realm of contemporary commerce, the adaptability and efficiency of debit card and credit card payment acceptance stand as linchpins for thriving businesses. As businesses navigate through various economic climates and consumer preferences, offering diverse payment options becomes not just a convenience but a strategic imperative. At REPAY, we understand the critical role that payment flexibility plays in driving cash flow and fostering sustainable growth. Let’s delve into how...

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Fighting Payables Fraud-The Case for Outsourcing Vendor Payments

Fighting Payables Fraud-The Case for Outsourcing Vendor Payments

Payment technology is evolving at lightning speed. New technology provides bad actors new targets for fraudulent activity.

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Transforming Member Payments: The Evolution of Text Pay and Omni-Channel Integration

Transforming Member Payments: The Evolution of Text Pay and Omni-Channel Integration

In the ever-evolving landscape of payments, Text Pay has become a familiar option for consumers seeking convenience and simplicity. However, as technology progresses, the focus shifts from mere availability to seamless integration and omni-channel experiences.

In this blog, we explore the evolution of Text Pay, the importance of true omni-channel integration and how REPAY offers a comprehensive solution to credit unions and their members.

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