PYMNTS

NOVEMBER 20, 2019

Citi is streamlining the cross-border collections process for its corporate treasury clients, the financial institution said Wednesday (Nov. Citi noted traditional methods of cross-border accounts receivable are inefficient, involving multiple collections service providers with silos between invoicing, collection and reconciliation.

Accounting 83

Accounting Reconciliations Invoicing Currencies 83

PYMNTS

FEBRUARY 28, 2020

As such, B2B FinTech firms continue to embrace collaboration and data integration between each other, particularly as the financial services world at large continues its migration toward unlocking data in an Open Banking framework. Going Further With Open Banking. Cichy said he sees the opposite happening today, though.

Accounts Payable 83

Accounts Payable Banking Invoicing B2B 83

CFO Leadership

MARCH 31, 2022

Global operations make it more challenging for small treasury teams in mid-market companies to handle day-to-day operations efficiently and securely. New currencies, global banking structures, regional regulations, disparate processes, and disconnected systems all add complexities to the treasury operations.

Treasury 52

Treasury Cash Management Currencies Reconciliations 52

PYMNTS

JULY 8, 2016

In a recent announcement within the treasury management space, EDI Gateway, a service provider specializing in SMBs and focused on enterprise resource planning and B2B applications, linked up with AZUR , a cloud-based treasury management firm, to offer the latter’s eFinancialSuite to vendors.

Treasury 40

Treasury Reconciliations B2B Forecasting 40

PYMNTS

APRIL 14, 2020

The digital transformation of corporate treasury is not a destination; it’s a journey. It stands to reason that firms that have been around for decades, with far-flung operations and payments done across multiple currencies, have a range of legacy systems in place with less-than-efficient processes entrenched in back-office functions.

Cash Flow Forecasting 92

Cash Flow Forecasting Treasury Foreign Exchange Benchmarking 92

PYMNTS

JULY 10, 2019

Some of the biggest industry trends, including faster payments, open banking and bank-FinTech collaboration, have found their ways into the Canadian market, the B2B payments space is not immune to disruption from these shifts. Open Banking. While Canada has not yet enacted open banking regulatory requirements, much like the U.S.,

B2B 62

B2B Accounts Payable Mergers and Acquisitions (M&A) Reconciliations 62

PYMNTS

DECEMBER 12, 2019

APIs are also very useful for bank customers in defined verticals like real estate and healthcare, that perform specialized transactions frequently. Cincinnati-based Fifth Third Bank , for example, has been creating customized APIs for its vertical business customers. Making Money Faster with APIs.

B2B 52

B2B Accounts Payable Reconciliations Healthcare 52

PYMNTS

JUNE 7, 2018

As the world continues to shrink and companies do more business beyond their borders, quick and efficient fund transfers and reconciliations have become crucial to keeping everything organized and everyone happy. Among these is the London-based FinTech Centtrip , which provides global payments, treasury and FX services to business clients.

Reconciliations 46

Reconciliations Currencies Foreign Exchange Accounting 46

PYMNTS

AUGUST 13, 2019

importer told the publication of its reliance on surcharges to mitigate the risk of currency fluctuations. Banks have not historically focused on sophisticated, intelligence and automated FX management products, instead choosing to differentiate themselves from the competition by offering lower costs. China trade wars.

Foreign Exchange 72

Foreign Exchange Accounts Payable Risk Management Reconciliations 72

PYMNTS

FEBRUARY 6, 2020

Offering an alternative payment rail doesn’t just disrupt the act of payment; it disrupts a company’s use of check-printing software pre-payment, or reconciliation practices post-payment, too. Starting From Scratch.

B2B 67

B2B Reconciliations Treasury Technology 67

Barry Ritholtz

OCTOBER 3, 2023

So we, we became, we went from fixed income and j Aaron to thick fixed income currency and commodities. And in the middle, we decided, which made sense to put the emerging market debt business, all, all 00:20:12 [Speaker Changed] Related currency. You had a lot of currency forwards trading, which made se made sense. Made sense.

Marketing 108

Marketing Treasury Banking Profit and Loss 108