PYMNTS

JUNE 20, 2019

This isn’t merely an issue for the B2C world, however. In accounts payable and accounts receivable, rising fraud mitigation efforts may also lead to more false positives, leading to declined commercial card transactions, misplaced suspicion between buyers and suppliers, delays in invoice processing and more.

B2B

PYMNTS

JUNE 9, 2017

That’s especially true in corporate accounting, says Beanworks CEO Catherine Dahl. It’s an interesting time in accounting, and there’s a huge change coming,” she recently told PYMNTS, adding that digitization will become the norm, empowering humans to take on more strategic tasks while technology handles the repetitive stuff.

Accounting

PYMNTS

JANUARY 15, 2018

135: the number of currencies supported by Payment Rails ‘ new API and white label payment platform. That means the remaining were B2C and P2P transactions, representing a major gap — and opportunity — for B2B FinTech, payment and API companies to step in and expand use of the faster payment service.

B2B

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. Amazon itself does not handle the bitcoin, and it was not clear which financial institutions are converting it from crypto to fiat (real currency) so merchants can receive actual money.

B2B

PYMNTS

JUNE 8, 2020

That’s the idea behind VeganPay , a new B2B and B2C payments solution rolled out by VeganNation , a U.K. Thomas said he is an emphatic supporter of blockchain and digital currencies, “however these are tools for a better future, and not the goal itself.” ” Using FinTech To Build An Ecosystem. ”

B2B

PYMNTS

MAY 19, 2017

While Telr, based in Singapore and India, provides front-office B2C payment solutions to its business customers, the company has also grown a presence in the back-office, with cash management and logistics solutions linked into its overall offering. Telr also offers payment APIs and supports transactions in multiple currencies, it explained.

B2B

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.” These firms and providers no longer need to go through “50 operating environments to manage currencies and local rails.

B2C

PYMNTS

NOVEMBER 3, 2020

FINTAINIUM is combining its Account Receivables and Payables Management Platform with Everlink's eHUB Digital Payments Platform to support real-time B2B and B2C payments that adhere to ISO 20022 payments messaging standards. China Touts Proprietary Digital Currency. As that pilot progresses, J.P.

B2B

PYMNTS

MARCH 13, 2020

Singapore’s multi-currency payments startup MoolahGo revealed this week it secured an undisclosed investment from The Lippo Group as part of its Pre-Series A round, according to a company announcement. NorthOne offers users cash and check deposits via ATM, supplier payment, expense software integration, accounting and eCommerce solutions.

B2B

PYMNTS

DECEMBER 3, 2019

The magnitude of the market is attractive even to B2C FinTechs, though the industry has quickly understood that B2B problems cannot be addressed with tools and technologies designed for consumer. And indeed, some businesses in need of cross-border payment solutions have been forced to revert to those B2C solutions, with lackluster results.

B2B

PYMNTS

NOVEMBER 7, 2019

However, with cloud storage and computing a requirement for many businesses, with the surge of Software-as-a-Service (SaaS) and with B2C services like Amazon Prime embracing the B2B opportunity, recurring B2B electronic payments are an increasingly complex challenge for these service providers and the businesses paying them.

B2B

PYMNTS

MARCH 1, 2019

bill payments accounted for 15 billion transactions last year — and is growing at mid-single-digit percentage rates. Through the last several years, Ersek noted, he has focused Western Union on creating a cross-border platform that enables cross-currency transactions. The Details So Far. The market is a large one — as in U.S.

Sales

PYMNTS

MARCH 1, 2019

Linking financial institutions and corporates with its Banking-as-a-Service platform, ONPEX enables FIs to deploy cloud-based account and payment technology to digitize operations and enhance their cross-border corporate payment offerings. Existing investors 83North, Felix Capital and Elaia Partners also participated, reports said.

B2B

PYMNTS

SEPTEMBER 24, 2019

23) that it has expanded its real-time global payments capabilities to include real-time account-to-account transfers to an account or a mobile wallet for select banks or digital wallet providers in 17 countries. The company announced on Monday (Sept.

Forecasting

PYMNTS

SEPTEMBER 4, 2018

Real-time payment capabilities enable businesses to take advantage of faster currency conversions and real-time FX rate management. Citing data from Euromoney , Deutsche Bank noted that about two-thirds of executives report being interested in adopting automated, 24/7 currency conversions based on real-time FX rates.

Foreign Exchange

Future CFO

AUGUST 7, 2024

CFOs are often asked to oversee additional functions on top of traditional finance and accounting." He takes note that front-end B2C systems such as CRM, and supply chain enablement systems such as QR codes can be of help for channel inventory tracking. "‘Partnering’ is nothing new," says Ho.

Data Analysis

PYMNTS

SEPTEMBER 4, 2018

As instant payment schemes continue to roll out across the world, this not only impacts B2C companies, but also has a knock-on effect on the full value chain of globally connected corporates,” said Deutsche Bank Head of Cash Products, Global Transaction Banking Shahrokh Moinian in a statement announcing the report.

Treasury

PYMNTS

NOVEMBER 6, 2019

Under the traditional way of doing things (the way generally controlled by traditional financial institutions), that software company would have to set up a local Australian bank account, and deal with hedging, remittances and other often-cumbersome tasks common to cross-border transactions. Swedish and Danish currency.

Banking

PYMNTS

OCTOBER 26, 2018

It was a good week for wearables and their future, as the devices continued to show indications of strong promise on the B2C and B2B fronts. On the B2C front, it looks like customer enthusiasm for wearable devices is both growing and expanding. For the sizzle of the week, wearables wins with solid B2C and B2B scores.

B2C

PYMNTS

MAY 4, 2018

“At the same time, they want flexibility, controls and the ability to make payments in multiple currencies.” “B2B payments innovation seems to fall behind B2C and P2P,” she said. “It’s not as though companies are sitting around saying, ‘We have to get accounts payable paid faster.’

Marketing

PYMNTS

OCTOBER 16, 2019

Amit Agarwal, global head of cross-border payments at Citi , told Karen Webster in the latest installment of the “What Treasurers Need to Know” podcast series that the world is becoming flatter and supply chains are getting longer, stretching across borders and currencies.

B2B

PYMNTS

NOVEMBER 7, 2018

And while a separate RTGS system was required for each currency — the Hong Kong dollar, renminbi, U.S. Users can identify recipients by their registered mobile phone numbers, FPS IDs or email accounts, rather than through their bank account numbers — a critical feature expected to make businesses feel more secure, Boey said.

Accounts Payable

PYMNTS

SEPTEMBER 27, 2019

bank account holders even if they are not American Express cardmembers. Western Union Enables Real-Time Account-To-Account X-Border Payments For Banks, Digital Wallets. Its Pay with Bank Transfer will be offered in Q4 to U.K. MyPayrollHR Founder Faces $70M Fraud Charge.

B2C

PYMNTS

MAY 2, 2019

Additionally, an account-to-account transaction can become seriously derailed by an error like an incorrect bank account number. To do so, the company launched a new app that can send remittances to recipients’ mobile wallets, bank accounts or into billing systems on their behalf, without card fees.

B2C

PYMNTS

JUNE 19, 2018

Marketplace sales accounted for 50 percent of all online sales in 2017, according to an estimate provided by PayPal. PayPal said on Tuesday (June 19) that it will buy payments payout platform Hyperwallet for $400 million in cash. The deal will give PayPal greater strength in eCommerce and online marketplaces, PayPal said in a statement.

eCommerce

PYMNTS

SEPTEMBER 19, 2019

As a result, treasurers must grapple with the notion (and the needs) of cash crossing accounts many times a day. Knowing where and how much cash there is across various legal entities, countries and currencies is crucial. Cash management becomes a continuous process, throughout the business day.

Treasury

PYMNTS

JUNE 20, 2018

Localized currencies. If you are a global employer, you contract a different payroll provider for employees in different geographies to handle specific currencies,” Warrington said. Now, we’re seeing individuals receive payments of irregular amounts and different currencies every week. Global payout services. The gig economy.

Currencies

PYMNTS

NOVEMBER 7, 2019

More than 25 percent of Brazilians lack bank accounts, and only 20 percent carry credit cards that can be used for international purchases. Other consumers’ cards only transact in the domestic currency, requiring overseas businesses to find local partners to enable payment acceptance. The Challenges of Providing Boleto Bancário.

Advertising

PYMNTS

JULY 18, 2017

According to Viewpost CEO Max Eliscu, B2B payments often follows in the same footsteps as B2C. 80% of Americans are in favor of so-called “futuristic” payments technologies , like fingerprint scanning, facial recognition and other biometric tools, as well as digital currencies like bitcoin.

B2C

PYMNTS

MARCH 7, 2016

Then there’s the digital banking movement and the land grab for the bank accounts of millennials. There’s only one problem – as a category, millennials don’t really have any money to put in those bank accounts. SWIFT has recruited 45 or so banks and let it be known that it wants to throw its faster payments platform hat into the ring.

Banking