Remove Accounting Remove B2C Remove Foreign Exchange Remove Planning
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How Treasurers Are Guiding Firms Through The eCommerce Revolution

PYMNTS

Disruption is hitting both the B2C and B2B arenas, and while it would seem they are two opposite ends of the spectrum, these ecosystems share commonalities in the kinds of trends that force sellers to modernize their market strategies. Treasury is very well-positioned to handle all of these activities,” added Sinha. trillion by 2021.

eCommerce 118
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B2B Use Cases Drive Up Real-Time Demand

PYMNTS

In this week's roundup of payment rail innovation, PYMNTS finds B2B payments use cases serve as an important driver of adoption, with FinTechs and financial service providers embracing payment rails old and new to enable real-time B2B payments and foreign exchange. Plus, blockchain projects move closer to launch in the U.S. and abroad.

B2B 56
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Western Union Rolls Out Full API Access For International Payments

PYMNTS

This new set of APIs offers users a way to “integrate their financial institutions, accounting and enterprise resource planning ( ERP ) systems and their account on GlobalPay,” according to the release. APIs also utilize the latest level of regulated European internet security: strong customer authentication (SCA).

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How Subscriptions Complicate Cross-Border B2B Payments

PYMNTS

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 40
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Citi Banks On API Calls To Make Treasury Ops Real Time

PYMNTS

The CitiConnect platform has processed more than 157 million API calls since its launch, and the APIs focused on a range of treasury services integrated directly with 55 corporate clients’ enterprise resource planning platforms. The Consumer as Part of the Flow.

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Citi On Treasury’s Real-Time Reality

PYMNTS

Liquidity and cash investment plans would be made by 10 a.m. As a result, treasurers must grapple with the notion (and the needs) of cash crossing accounts many times a day. All of this means that the needle will move from C2C to B2C to B2B along the continuum of real time payments adoption, with ripple effects on cash management.

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Faster Payments Make Inroads In Corporate Treasury

PYMNTS

Apart from supplier payments, the shift could have significant impacts on foreign exchange conversions for faster hedging, real-time investments, faster risk-mitigation capabilities and real-time visibility into more accurate cash positions. “As