PYMNTS

FEBRUARY 10, 2020

. “The real-time integration of SnapPay with the SAP solution is enhancing our process efficiency, reducing our overall cost of doing business and simplifying payment card industry compliance,” said Daoud Ali, IT executive director of Brewster.

SAP 67

SAP B2B Accounts Payable B2C 67

PYMNTS

JULY 24, 2018

“When we look at P2P on the domestic front, for example, what we see is that it has taken off because people want to be able to have the money put right [into] their bank account,” Frew explained. They aren’t looking for an extra step where they have to take cash and go make a deposit to get it into their bank account where it is safe.”.

B2C 89

B2C Banking Securities Accounting 89

PYMNTS

JUNE 13, 2019

It seems an especially low number when considering this stat: Only 3 percent of companies meet customer demands for instant business-to-consumer (B2C) payments. He noted, too, that “if I am in a company that is processing checks, it is unlikely that I also have a faster payment regulatory compliance attorney. Why B2B Lags.

B2C 66

B2C Cash Flow Forecasting B2B Accounts Payable 66

PYMNTS

APRIL 26, 2019

The company also said digital accounts can be used to activate and tokenize other digital accounts across various mobile pay wallets. In the April edition of the Payments and the Platform Economy Playbook , PYMNTS examines how regulatory compliance changes are impacting the growth of the sharing economy. Fun, Odd and Edgy.

B2B 70

B2B Compliance B2C Currencies 70

PYMNTS

MAY 6, 2019

Customers, on the other hand, need to be assured that their PII, such as credit card or bank account numbers, will remain safe. . The movement of money is initiated when the merchant’s bank requests to “pull” money out of the customer’s account and place it into the merchant’s. B2C push payments can deliver quick funds to consumers.

B2C 44

B2C Reconciliations Invoicing Securities 44

Bramasol

JANUARY 18, 2024

This new post provides a deeper dive into the key issues involved with optimizing end-to-end Order-to-Cash (OTC) and revenue recognition compliance for SaaS offerings. On one hand, the proven nature of SaaS has paved the way for widespread acceptance across both B2B and B2C markets.

Compliance 76

Compliance SAP General Ledger B2C 76

PYMNTS

FEBRUARY 15, 2019

The largest round of the week went to OakNorth , but other significant investments landed at supply chain management, corporate accounting and small business finance players, totaling more than $821 million in total VC funding. Today, the company said, its B2B operations account for 70 percent of the firm’s net revenue growth.

Banking 49

Banking B2C B2B Investments 49

PYMNTS

MAY 5, 2016

“Three quarters of all B2B transactions still happen through paper or PDF,” notes Galarza, and require the need for both an accounts receivable and an accounts payable department. Meanwhile, in a B2C transaction, “the consumer can simply pull up their credit card to pay for goods and services.”. Australia … the U.K.,

B2C 43

B2C B2B Accounts Payable Invoicing 43

PYMNTS

AUGUST 24, 2018

Investors also took a liking to accounting technology, alternative small business finance and eProcurement, with B2B FinTech startups raising more than $107 million in all. million to the company that deploys machine learning to accelerate supplier payments in the accounts payable department. In all, Previse raised $6.8

B2B 40

B2B Finance Accounts Payable B2C 40

PYMNTS

OCTOBER 6, 2020

J&J’s Nawaz stated that the new digital reality has forced companies (including his own) to focus on being responsive and agile to make supply chains resilient even while ticking off the mandatory compliance and governance aspects tied to supply chain management. That's just ridiculous," he contended.

B2B 84

B2B Treasury Communication Accounts Payable 84

The Finance Weekly

MARCH 1, 2023

Prior to joining Sleep Number, he worked as a certified public accountant in the assurance and advisory practices of EY and Arthur Andersen. Earlier in her career, she spent close to five years working in public accounting at Grant Thornton. Prior to these roles, Davick held finance leadership positions at Google, Twitter, and SoFi.

CFO 52

CFO Financial Planning and Analysis (FP&A) Leadership Finance 52

PYMNTS

MARCH 19, 2019

That’s especially true for corporate and B2C transactions, he said. Ferrabee noted that ISO 20022 helps satisfy compliance mandates tied to anti-money laundering (AML) and know your customer (KYC), and carries the same data as seen on checks (account info, banks and dates) that has been a mainstay of B2B.

B2C 86

B2C Budgeting Compliance B2B 86

PYMNTS

JANUARY 15, 2018

Last June, NACHA and the Credit Research Foundation said that at present, paper checks make up half of B2B transactions received in the accounts receivable department; ACH accounts for less than a third. Use of faster payments technologies, too, remains limited in the B2B sphere.

B2B 55

B2B B2C Startups Accounting 55

PYMNTS

APRIL 7, 2017

California-based SOCi offers SaaS for businesses to manage their social media accounts for marketing and BI purposes. Perfios operates in both the B2B and B2C markets and provides financial institutions and FinTechs with solutions to aggregate and analyze financial data for the purpose of streamlining loan decision making.

B2B 43

B2B B2C Startups eCommerce 43

PYMNTS

SEPTEMBER 9, 2016

On one hand, some eProcurement experts say procurement should be as easy as B2C online shopping. ” According to the executive, that demand for a streamlined, mobile-friendly, B2C-like interface is what can help companies with that top challenge of employee adoption. ” It’s a tricky challenge.

B2C 40

B2C Accounts Payable Invoicing Compliance 40

PYMNTS

DECEMBER 29, 2020

In an interview with PYMNTS, Lilia Metodieva, managing director at Monneo , said virtual international bank account numbers (IBANs) can help firms gain scale internationally, and customize payments to serve the needs of their end customers. Platforms and single access points help bridge the gap between traditional banks and eCommerce.

Numbers 115

Numbers Accounting Banking Currencies 115

PYMNTS

NOVEMBER 3, 2020

Everlink, FINTAINIUM Team Up To Offer Real-Time B2B, B2C Payments. Everlink Payment Services is teaming with workflow solutions provider FINTAINIUM to offer B2B and B2C payments in real time, leveraging the ISO 20022 global standard, according to a press release. They can also assess ongoing credit quality. 2) announcement.

Credit Risk 88

Credit Risk B2B Accounts Payable B2C 88

PYMNTS

OCTOBER 21, 2019

We’ve watched the payments industry address changes in customer behavior, shifts in compliance rules (GDPR, UBO, CCPA, EMV), the introduction of cryptocurrencies and the race to move money faster. Today, B2C payments are so much further ahead than B2B when it comes to digitization.

B2C 52

B2C B2B Forecasting Marketing 52

PYMNTS

AUGUST 19, 2020

For instance, they can help with compliance, selecting a bank or payment-service provider, enabling account opens, managing settlement and looking at and mediating FX exposure. But Sinha said the treasurer’s role in designing such processes is rapidly evolving. . The Growing Importance Of B2B Subscriptions .

B2C 80

B2C B2B Retail Treasury 80

Bramasol

DECEMBER 13, 2021

From Bramasol's perspective as a leading SAP partner creating business management, finance, and compliance solutions for over 25 years, here are five major areas that we are watching closely and helping our clients prepare to deal with in the coming year - and beyond.

SAP 52

SAP Compliance Profit and Loss IFRS 52

PYMNTS

MAY 14, 2018

billion in B2C sales last year, includes a complex ecosystem of cultivators, logistics providers, lawyers, accountants, contractors and more — meaning an entire supply chain of B2B service providers is impacted when a legal marijuana company cannot get banked. policymakers in 2014.

Banking 52

Banking Compliance B2C B2B 52

PYMNTS

JANUARY 10, 2020

In a recent report , seed investors explored why their focus has turned to enterprise startups as opposed to consumer-facing technology firms after the publication’s analysis revealed that today’s seed investments favor B2B startups over B2C. million in internal profits. Receipt Bank. HighRadius.

B2B 52

B2B Startups B2C Management Consulting 52

PYMNTS

MARCH 1, 2019

bill payments accounted for 15 billion transactions last year — and is growing at mid-single-digit percentage rates. Replicating that flexible capability, at scale, is easier said than done, as regulation and compliance mandates may be tough to navigate. The market is a large one — as in U.S.

Sales 56

Sales B2C Currencies Leverage 56

PYMNTS

MAY 4, 2018

“B2B payments innovation seems to fall behind B2C and P2P,” she said. B2B payments haven’t necessarily taken up the capabilities so quickly, however, largely attributed to businesses’ need to manage cash flow by strategically timing accounts payable. ”

Marketing 46

Marketing B2B Accounts Payable B2C 46

PYMNTS

OCTOBER 16, 2019

He told Webster that no matter the transaction — whether B2C, C2B or B2B — it is of critical importance for supply chain ecosystems to ascertain that the full value of payments will come, without delay, into accounts once transactions are complete. The Challenges of Cross-Border . The Partnership Model.

B2B 51

B2B B2C Compliance Currencies 51

PYMNTS

MAY 15, 2019

The acquisition, Bill Sheley, head of global push payments at Visa , told Karen Webster, helps move Visa “beyond the card” and, writ large, helps the payments giant to embrace a “two-account disbursement model.” Single Point Of Connection. That’s B2B Connect,” he said.

Treasury 74

Treasury B2C Financial Systems Banking 74

PYMNTS

OCTOBER 11, 2019

Subscription-based offerings can be essential with helping business-to-consumer (B2C) companies create long-running relationships and lock down more predictable streams of revenue. Accounts payable (AP) departments all too often have inefficient processes that decelerate workflows and delay supplier payments.

Accounts Payable 46

Accounts Payable Healthcare B2C Compliance 46