Digital Payments
IBAN Payments – One Payment Standard to Enter 87 Countries and Territories
The financial world strives for unification and standardization to handle enormous transaction volumes faster and with fewer mistakes.
Latest
Global Payments
Swift Payments vs Local Payment Systems – Cross-Border Transactions Choice Made Simple
It’s a good time to be in business if you need to make a lot of cross-border payments.
NIL
The Hidden Costs of Ignoring NIL Taxes
The landscape of college sports has changed significantly for student athletes: NCAA student athletes can now earn money on their NIL.
Team
The Payment Labs Story: A More Efficient Way to Pay People
Han Park is an LA-based entrepreneur and investor tackling the global issue that paying people is harder than it should be.
Payments
What Is Swift – All You Need to Know about the Manhattan Project of Global Payments
For over 50 years now, one messaging network has dominated international payments. Swift opened its doors in 1973 and delivered the first message in 1977.
Payments
Understanding ACH | The Backbone of Electronic Payments
In the digital age, the way we handle money has evolved significantly. Gone are the days of paper checks and slow, manual processes.
International
Why Payment Labs is Best Suited to Make Payments to Brazil
If you have ever had to make a payment to individuals in Brazil, you might know that this is not an easy country to move money into.
Payments
Payment Labs Now Supports Prepaid Debit Cards
The Payment Labs solution now supports prepaid debit cards as a customer payout method. Different individuals may prefer various payment methods.
Compliance & Security
Unlocking Growth and Security: The Crucial Role of KYC/KYB in Modern Business Transactions
In today’s fast-paced and interconnected business landscape, making payments and conducting transactions with contractors and partners is more seamless than ever before.
International
What is a Payment Rail?
Oftentimes in banking, you will hear the phrase “payment rail,” and maybe you generally understand what it means in theory, but you may still have questions.
International
The Guide to Online Payment Security Methods
When managing payments, it’s essential to recognize the sensitivity of having access to a customer’s personal and banking information and how to secure the process.
Compliance & Security
What is an FBO Account?
In the ever-evolving landscape of financial technology, businesses, especially small and medium-sized enterprises (SMBs), are seeking efficient ways to make payments.