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Merchant Payments Operations: Accounting and Reconciliation

Merchant Payments Operations: Accounting and Reconciliation

“A core component of Glenbrook’s methodology for assessing a merchant’s payments operations includes review of certain processes managed by the business’s accounting team, particularly the level of effort required to reconcile payment activity.  The business’s accounting team is responsible for a variety of fundamental financial activities, including record keeping and reporting, accounts payable and receivable, [...]

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Sam’s Club and Synchrony announced a multi-year extension of their strategic financing

Sam’s Club and Synchrony announced a multi-year extension of their strategic financing

“Sam’s Club and Synchrony announced a multi-year extension of their strategic financing and credit card relationship that aims to drive incremental value to Sam’s Club Members by redesigning and enhancing the card rewards. As part of the extension, Synchrony will continue to issue, manage, and service the redesigned and recreated consumer and commercial credit card [...]

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Mastercard expands Mastercard TrackTM in Asia Pacific with TrackTM Card to Account Transfer solution offering greater payment options for businesses

Mastercard expands Mastercard TrackTM in Asia Pacific with TrackTM Card to Account Transfer solution offering greater payment options for businesses

“Today, Mastercard announced a new business-to-business payments solution in Asia Pacific with the launch of Mastercard Track™ Card to Account Transfer, allowing businesses to use commercial cards to pay Suppliers regardless of whether they accept card payments. The new solution in the region will help businesses manage cash flow, eliminate manual work and expand payment [...]

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