Simply Treasury

AUGUST 3, 2022

Automated bank connectivity through a single secure channel has become essential to reduce costs, facilitate on-boarding by banks, secure transactions, speed up and automate reconciliations and reduce staff workload. A “Bank Single Gateway” is no longer a "plus", but a "must" that every fund servicer or fund should have.

Banking 147

Banking Reconciliations Treasury Securities 147

PYMNTS

SEPTEMBER 17, 2020

Cloud-based clearing bank ClearBank has begun offering multi-currency bank accounts using an API, according to a press release. Beginning in the fourth quarter this year, the bank will allow users to access over 30 multi-currency accounts. ClearBank's capabilities make it doable for Oxbury Bank to loop into U.K.-based

Currencies 64

Currencies Accounting Banking Foreign Exchange 64

PYMNTS

NOVEMBER 12, 2020

Today In B2B payments, NeweggBusiness integrates business financing and payment terms via Behalf, while Deutsche Bank expands its cash management offering into Australia. Deutsche Bank Debuts Cash Management In Australia. Newegg Chooses Behalf For Flexible Business Financing. 11) press release.

Cash Management 67

Cash Management B2B Auditing Finance 67

PYMNTS

JUNE 11, 2020

Whether it’s the result of necessity in a remote working environment or of a slowdown in business that frees up time to focus on the transformation, organizations are quickly flocking to their banks and FinTech partners to finally do away with paper in the back office. Noticeable Change. Interconnected Finances.

Cash Management 60

Cash Management Invoicing Accounts Payable B2B 60

PYMNTS

DECEMBER 12, 2019

Online brokerage startup Robinhood has introduced a cash management service that will give customers 1.8 This new service follows last year’s unsuccessful launch of a checking and savings account product, which was not well received. Last year’s checking and savings product did not have a bank partnership. .

Accounting 54

Accounting Banking Cash Management Startups 54

PYMNTS

SEPTEMBER 24, 2020

BNY Mellon unveiled a collaboration to assist customers with supervising and investing funds by letting them access GTreasury ’s payment and cash management functions, according to a Thursday (Sept. 24) announcement. The GTreasury ecosystem is purpose-built to seamlessly connect into investment portals like LiquidityDirect.".

Cash Management 40

Cash Management B2B Treasury Investments 40

PYMNTS

OCTOBER 3, 2019

FinTech startup Brex is launching a business cash management account to replace traditional business bank accounts, the company said in a press release on Wednesday (Oct. The Brex Cash account will work with the Brex Card on one network and offers users a return of 1.6

Accounting 57

Accounting Banking Valuation Cash Management 57

PYMNTS

NOVEMBER 27, 2020

It's been more than a decade since the boom of neo and challenger banks stepping into the market to fill the biggest service gaps left by FI giants. Today, the challenger banking arena is evolving, according to Samir El-Sabini , co-founder and CEO of Juni. The eCommerce Banking Challenge. The Rise Of Industry-Targeting Banks.

eCommerce 118

eCommerce Banking Cash Management Advertising 118

PYMNTS

APRIL 11, 2019

Financial management platform Sage Intacct is integrating data from cash management tool Trovata.io to provide real-time visibility into cash positions for corporate users. Joint customers will be able to generate reports and enhance cash management process automation using Trovata.io

Cash Management 43

Cash Management Cash Flow Forecasting Accounts Payable Forecasting 43

PYMNTS

OCTOBER 10, 2016

Just look at SAP Ariba , which integrated PrimeRevenue’s supply chain financing into its spend management platform, or Reckon , a small business accounting platform that recently rolled out an SME lending feature thanks to Prospa. Less common, however, is an SME financing solution that integrates into a commercial card offering.

Cash Management 76

Cash Management SAP Finance Invoicing 76

CFO Simplified

OCTOBER 10, 2023

And certainly, the banking environment has changed dramatically. Cash moves nearly instantaneously from one account to another. The personal banker at large banks is a figment of our imagination, and community banks have picked up the mantle of personalized service. Changing banks is a real pain.

Banking 52

Banking Cash Flow Forecasting Forecasting Treasury 52

PYMNTS

APRIL 8, 2019

This week’s B2B Data Digest dives into the insights from new reports released by Capital One , Xero , Swift Prepaid Solutions and others, which draw similar conclusions about small business financial management. The firm polled 2,000 executives at U.K.

Cash Management 51

Cash Management Prioritization Finance B2B 51

Boston Startup CFO

APRIL 3, 2023

Financial accounting: A topic that can easily disorient even the most driven entrepreneurs. Fortunately, we present you with a compass – a diagram that demystifies the functions of financial accounting. In this tier, a double-entry accounting system is employed to ensure the accurate recording of all transactions.

Accounting 52

Accounting Accounting Principles GAAP Compliance 52

PYMNTS

DECEMBER 13, 2017

Santander Bank is rolling out a new solution for its corporate clients. and will provide cash management services for such corporate customers. The portal provides access to various desktop tools and offers a 24/7 communication channel with the bank. The financial institution (FI) announced Tuesday (Dec.

Cash Management 42

Cash Management Treasury Corporate Finance Communication 42

PYMNTS

JULY 25, 2018

Oracle Financial Services recently announced the launch of a platform designed for corporate banking customers that are in need of consolidated, streamlined views of their global banking operations. The company announced Tuesday (July 24) that its Oracle Banking Virtual Account Management solution is now available to corporate banks.

Accounting 40

Accounting Banking Cash Management Currencies 40

PYMNTS

DECEMBER 30, 2020

As treasury management becomes increasingly digital, a bank’s corporate banking clients face challenges when it comes to modernizing treasury workflows. Embedding banking into ERP systems has been a hot topic as of late — although the buzz surrounding it has been years in the making. Many-To-Many Markets .

Banking 97

Banking Accounts Payable Treasury Reconciliations 97

Bramasol

MAY 9, 2022

As more companies and industries adopt subscription-based business models in the Digital Solutions Economy (DSE), they face new challenges in managing cash, cash flow and banking. And, as the volume and velocity of transactions increases exponentially, your cash application and cash management solutions must keep up.

SAP 87

SAP Cash Management Banking Treasury 87

PYMNTS

JULY 21, 2017

Small business accounting and cash management took home the gold this week, with two startups raising a collective $93 million in funding. SME Accounting. FreshBooks CEO Mike McDerment spoke with PYMNTS to announce the $43 million in new venture capital for his SME accounting company. Receipt Bank.

Cash Management 40

Cash Management Startups Invoicing Accounts Payable 40

PYMNTS

NOVEMBER 26, 2019

Recent data indicated that 82 percent of SMBs shutter in their first year because of poor cash management operations. One such solution was released by ScaleFactor , a provider of business accounting services. Every dollar matters for a small to medium-sized business (SMB).

Nonprofit 56

Nonprofit Accounting Banking Cash Management 56

PYMNTS

OCTOBER 27, 2016

. “However, as the large majority of SMEs still finance themselves with cash flow from operations, there is a significant opportunity for businesses to optimize working capital through better relationships with customers and better use of accounts receivables.” ” Indeed, 76 percent of SMEs in the U.S.

Cash Management 75

Cash Management B2B Finance Economics 75

PYMNTS

OCTOBER 29, 2020

Radius Bank has advanced in its relationship with application programming interface (API) firm Treasury Prime with the rollout of its Commercial API Banking Platform and sandbox testing technology, according to a Thursday (Oct. They harness APIs for payments and cash management in lieu of signing into a different bank-powered system.

Banking 72

Banking B2B Treasury Cash Management 72

PYMNTS

APRIL 23, 2020

Unfortunately, independent contractors have also frequently been left out of the picture for traditional banks and even newer FinTechs despite the recent influx of small business cloud accounting apps and other B2B FinTech platforms. Accounts payable is the money you owe your suppliers. Open Banking’s Impact.

Accounting 56

Accounting Accounts Payable Invoicing Cash Management 56

PYMNTS

NOVEMBER 5, 2019

With the impending launch of Spring by Citi , Citi ’s Treasury and Trade Solutions (TTS) is increasingly incorporating the consumer payments experience into its broader B2B treasury management and transaction banking offering as it moves to support its institutional clients in their own journeys to meeting customer payment demands.

Cash Management 42

Cash Management Treasury B2B Banking 42

PYMNTS

FEBRUARY 1, 2021

It has pulled ahead of its EU neighbors in developing real-time payments technology and in recruiting banks to adopt it. And as Rita Camporeale , Head of Payments Systems at the Italian Banking Association ( ABI ), told PYMNTS’ Karen Webster, the pandemic has accelerated the embrace of instant payments that flow directly between banks.

Banking 100

Banking Cash Management Accounting Leverage 100

CFO Simplified

AUGUST 22, 2022

Business owners should also evaluate their banking relationship, as this can have a profound impact on their ability to execute that strategic plan. Banks play an important role by providing working capital, equipment financing, and real estate acquisition financing, which helps continue driving economic growth. Relationship Managers.

Banking 98

Banking Strategic Planning CFO Treasury 98

PYMNTS

FEBRUARY 15, 2017

.” And while researchers found that, as a company grows, so do the difficulties in managing cash flow, the smallest of SMEs, startups, are struggling the most with daily cash management tasks, with 15 percent of startups saying that they found this issue to be an especially difficult challenge.

Cash Management 43

Cash Management Invoicing Startups Forecasting 43

PYMNTS

JANUARY 30, 2017

Used to be that managing a company’s liquidity and cash position was a matter of reconciling disparate bank accounts at the end of the day. Trade finance, they said, could help boost efficiency in cash management and supply chain (via dynamic discounting on invoices).

Cash Management 49

Cash Management Treasury Invoicing Currencies 49

PYMNTS

OCTOBER 25, 2017

Countingup , a FinTech that aims to combine and streamline corporate banking and accounting for small- and medium-sized businesses (SMBs), secured fresh funding this week, according to news from TechCrunch. Your bank surprises you with hidden fees and you’ve probably lost faith in their customer service. later this year.

Accounting 44

Accounting Banking Invoicing Construction 44

Future CFO

SEPTEMBER 20, 2023

Global non-cash transaction volumes will reach 1.3 The World Payments Report 2023 draws on insights from two primary sources – the Global Large Businesses Survey 2023 and the Global Banking and Payments Executive Surveys and Interviews 2023, according to the firm. At a regional level, digital payments will grow by 19.8%

Cash Management 52

Cash Management Treasury Credit Risk Compliance 52

PYMNTS

AUGUST 7, 2019

Business payments technology firm Bottomline Technologies has rolled out a suite of services for banks to elevate their customer engagement with corporate services. The offering also connects banks with an open banking API to promote collaboration, the company said. In a press release on Tuesday (Aug. In the U.K.,

Banking 70

Banking Cash Management Technology Accounting 70

Strategic Treasurer

OCTOBER 14, 2022

Building a 360-Degree Treasury: Payments and Bank Information. Description : Every treasury group needs to know where its cash is, wherever in the world that may be. That includes all locations, not just primary banks. This is the first step in building an effective cash forecast. November 3 | 11:00 AM EDT. Register Now.

Treasury 52

Treasury Banking Forecasting Cash Management 52

PYMNTS

JUNE 19, 2019

HSBC is rolling out its digital accounts receivable solution for corporates in India after teaming up with Australia-based Identitii , reports in IT Wire said on Tuesday (June 18). “HSBC’s DART is an industry first,” said Identitii CEO Nick Armstrong in a statement.

Accounting 55

Accounting Communication Cash Management Invoicing 55

PYMNTS

DECEMBER 27, 2018

Open banking, bank APIs and data sharing flourished in 2018, with small business and corporate financial services squarely in the path of this financial services trend as banks and FinTechs consider new ways to enhance business payments, accounting, treasury and financial management. Read what he had to say below.

Banking 76

Banking Treasury Cash Management Accounting 76

PYMNTS

DECEMBER 3, 2020

For all of the innovation that's occurred in the banking landscape, it's often consumers – not corporates – that benefit from the latest technologies. When you look at retail banking, there have been a couple of newcomers in the market in recent years who come in with shiny, new apps," he said. "So The Drive To Upgrade.

Banking 105

Banking B2B Cash Management Technology 105

PYMNTS

OCTOBER 3, 2019

Today in the payments news roundup, FinTech startup Brex is launching a business cash management account to take the place of traditional business bank accounts. Brex Launches Brex Cash To Replace Biz Bank Accounts. Goldman Beefs Up Marcus Savings Offerings.

Accounting 43

Accounting Cash Management Securities Banking 43

PYMNTS

JUNE 7, 2018

challenger bank Arro Money , which launched its small business bank account service last December, has debuted its newest product designed for sole traders. In an announcement sent to PYMNTS on Wednesday (June 6), Arro Money said it has rolled out its account designed for entrepreneurs that operate independently.

Accounting 53

Accounting Cash Management Compliance Banking 53

Future CFO

JULY 17, 2023

The more scenarios considered and the higher the cash forecast frequency, the more prepared an organisation will be. The result is superior operational cash management, ROI, and confidence in paying down debt and traversing whatever conditions come next. 2) Utilise advanced liquidity management techniques.

Treasury 98

Treasury Forecasting Cash Management Concentration 98