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Why Accounts Receivable Is Warming Up To Digital Currency

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In many ways, the rise of crypto and digital currencies like Bitcoin aims to address some of these issues, empowering payers and payees with a way of bypassing the “middleman” of the inter-banking system for faster transaction speeds. .” Choice, he said, is key to guiding corporates toward a digital currency ecosystem.

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Innovation Eases The Friction Of Global Payment Rails

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Invoiced Tackles The Friction of Check. While B2B payments innovation has opened up the opportunity for businesses to send and receive funds via cards and other payment rails, the paper check remains commonplace with some FinTechs choosing to innovate on top of check systems in lieu of forcing firms to move to different rails.

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Accounting Startup Tipalti Raises $76M In Series D Led By Zeev Ventures

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The FinTech accounting firm will use the series D funds to grow the platform and its artificial intelligence (AI) tools that can read, process, pay and track invoices. . Middle market companies need help navigating the complexities of accounts payable management, especially when it comes to cross-border, cross-currency payments.

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Payment Rail Innovators Go After Traditional Bank Friction

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The service is developed on blockchain using stablecoin virtual currency pegged against the U.S. Telleroo is deploying the solution to enable bulk payments for bookkeepers and accountancy firms conducting accounts payable and payroll transactions on behalf of their clients. Paystand Collaborates on New B2B Payment System.

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Robotics Process Automation Rakes In The VC Cash

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iBanFirst enables businesses to transfer money from their bank accounts to an iBanFirst account, and allows those funds to be transferred into and held in 28 different currencies. With the new funding, iBanFirst said it plans to provide support for more currencies and introduce new features for its solution.