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

Strategic Treasurer

OCTOBER 14, 2022

Building a 360-Degree Treasury: Payments and Bank Information. That includes all locations, not just primary banks. This is the first step in building an effective cash forecast. Poor payment workflows, security, compliance, and sanctions make it all the more difficult. November 3 | 11:00 AM EDT. Register Now.

Treasury 52

Treasury Banking Forecasting Cash Management 52

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

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

PYMNTS

JUNE 21, 2020

That will allow businesses to eliminate the cumbersome old ways, which required them to sign onto their bank accounts to set up a direct debit instruction and then wait several days before it was ready. Yvonne Yiu , head of global liquidity and cash management with HSBC, said the simplicity makes a difference for the customer.

B2B 143

B2B Cash Management eCommerce Securities 143

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

JANUARY 17, 2017

France-based Qonto, which aims to disrupt the corporate banking industry, has raised new funds for its goals. 16) said Qonto secured $1.7 million from Valar Ventures and Alven Capital, a sign of support for the startup’s corporate banking solution. Reports Monday (Jan.

Startups 43

Startups Securities Banking Cash Management 43

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

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

PYMNTS

MARCH 4, 2020

Business to business (B2B) application programming interfaces (APIs) are helping smooth the flow of data between companies, including businesses and their financial services software as well as between banks and their corporate clients. Other banking integrations seek to revamp B2B payments. Read the full story in the Tracker.

Treasury 96

Treasury B2B Cash Management Leverage 96

PYMNTS

DECEMBER 13, 2018

As the corporate treasurer takes on a more strategic role in the enterprise, treasury and cash management technologies can often be stuck in the past, failing to keep up with financial execs’ needs. Open banking is not a regulatory requirement in the U.S., Even so, Turner said U.S.

Treasury 62

Treasury Banking Cash Management Accounts Payable 62

Future CFO

FEBRUARY 13, 2023

Having an experienced succession of crises since the beginning of 2020, FutureCFO asked two finance leaders their views on the challenges facing treasury and cash management during the pandemic and coming out of it. What is the biggest change to the Treasury and Cash Management (TCM) function brought about by the pandemic?

Treasury 98

Treasury Cash Management Restructuring Accounts Payable 98

PYMNTS

FEBRUARY 13, 2017

Standard Chartered is hoping to fuel innovation by giving developers access to banking technology. The bank announced late last week that it is rolling out the Open Banking API Developer Portal that will enable developers to play around with banking technologies, first with a focus on transaction banking and cash management.

Banking 76

Banking Cash Management Technology Accounting 76

PYMNTS

NOVEMBER 24, 2020

Bank is shifting away from screen scraping in favor of direct data connectivity, but it's not the only financial institution (FI) embracing the data strategy. Bank Nixes Screen Scraping With Akoya. Visa Links With Codat For SMB Bank Data Sharing. Atom Bank Links With Codat, Too. An announcement stated that U.S.

Banking 60

Banking B2B Financial Data Cash Management 60

PYMNTS

DECEMBER 29, 2020

In this week's roundup of bank-FinTech collaboration and open banking initiatives, Citi embraces the unlocking of account data to third-party FinTechs, while WEX weighs in on opportunity for banks to take advantage of partnerships. Plus, one FinTech offers a new spin on the open banking model to drive financial inclusion.

Cash Flow Forecasting 123

Cash Flow Forecasting B2B Startups Financial Data 123

PYMNTS

OCTOBER 23, 2018

Open Banking regulations have gotten FinTech innovators’ brains churning over how to take advantage of the troves of data that traditional banks have typically kept locked away. With regulations like PSD2 and Open Banking emerging as ways to boost financial services competition, the bank-FinTech relationship has taken center stage.

Banking 71

Banking Treasury Analyzing Data Securities 71

PYMNTS

JANUARY 29, 2020

Despite its rising popularity, open banking and data sharing frameworks were not necessarily opportunities toward which banks initially jumped. Gradually, however, traditional FIs are increasingly acknowledging the value in open banking. This is a classic build-versus-buy decision,” he told PYMNTS.

Banking 52

Banking Accounts Payable Vendor Management Reconciliations 52

PYMNTS

OCTOBER 14, 2020

The head of the country’s only licensed and publicly traded cryptocurrency broker says tighter regulation and exponentially higher yields are causing corporate treasury and cash management accounts to seriously consider this alternative asset class. This in the wake of the OCC’s Sept.

Treasury 129

Treasury Currencies Benchmarking Cash Management 129

Future CFO

DECEMBER 11, 2023

In the US, the US Federal Reserve is set to introduce to the local market FedNow – an instant payment solution that will enable customers of participating banks and credit unions to instantly send and receive money transfers outside of traditional banking hours. Real-time payments also mean account balances stay up-to-date.

Banking 98

Banking Finance CFO Leverage 98

PYMNTS

JULY 10, 2018

Mastercard and EU FinTech Strands are collaborating on a cash management and corporate payments platform for banks, designed to address small business (SMB) needs. AI and machine learning technology will be able to help predict cash flow, expenses and balances. “You wouldn’t normally hear a bank say this.

Banking 47

Banking Accounts Payable Cash Management Budgeting 47

PYMNTS

OCTOBER 21, 2016

Banks may not like it, but the demand is here for faster payments — from businesses, consumers and regulators alike. The legislation includes mandates for capital holdings, indemnity insurance, payment data access, security and, of course, access to faster payments. 13, 2018, to implement PSD2 into their own national legislations.

Banking 77

Banking Compliance Cash Management Securities 77

PYMNTS

MARCH 14, 2017

FinTech Autobooks announced new funding to support its SMB banking solutions. Reports Monday (March 13) said Autobooks secured $5.5 The company provides online banking platforms with small business solutions to help FIs better service their SMB clients. million in Series A financing led by Draper Triangle.

Banking 49

Banking Cash Management Finance Securities 49

PYMNTS

DECEMBER 16, 2018

According to a report in Bloomberg , when Robinhood announced the products last week , it compared them to traditional bank accounts, boasting a 3 percent interest rate on both checking and savings. Robinhood’s new products aren’t insured by the FDIC but do have the protection of the Securities Investor Protection Corp.

Cash Management 76

Cash Management Banking Accounting Securities 76

PYMNTS

SEPTEMBER 22, 2016

Know Your Customer regulations can mean corporations have to wait as long as three months — yes, months — to get onboarded to a new bank. “When we look at where the market is moving, clients expect to transact globally and to trade globally, to have a cash management account in Hong Kong and an FX trading accounting the U.K.

Banking 75

Banking Compliance Prioritization Auditing 75

Spreadym

APRIL 27, 2023

Features of budgeting and forecasting software help users plan the future cash flow. Cash flow management: Software tools for cash management can help business manage the performance of cash flow by providing detailed cash flow statements and projections.

Financial Analysis 52

Financial Analysis Tax Planning Budgeting Forecasting 52

PYMNTS

OCTOBER 8, 2019

Stock trading app Robinhood , which offers no-fee trading, is re-launching a checking feature called Cash Management after it was previously shelved due to regulatory issues. percent APY on any money in the account – and they will be able to spend it with a distinctive Mastercard debit card. As reported on Tuesday (Oct.

Cash Management 49

Cash Management Securities Banking Accounting 49

PYMNTS

NOVEMBER 30, 2017

That doesn’t mean banks and other financial service providers should delay implementing changes to comply with PSD2, though, according to Deutsche Bank. released in conjunction with payments consultancy PPI AG, highlighted speed bumps likely to arise as banks hustle to become PSD2 compliant when the Jan.

Banking 43

Banking Compliance Cash Management Securities 43

PYMNTS

MARCH 8, 2019

Reports in the Global Banking & Finance Review said this week that HSBC launched the APIs and developer portal to enable third-party payment companies to deploy their own solutions for business and consumer customers. under its Commercial Banking unit. Head of Digital Banking EJ Achtner in a statement last October.

Cash Management 67

Cash Management Compliance Banking Accounting 67

Future CFO

NOVEMBER 20, 2023

Organisation leaders need to keep an eye out for cash management and treasury management for the optimisation of their financial resources and effective management of financial risks. They are supported by other treasury centres in Jakarta, Guangzhou, Beijing, and Sao Paulo where RGE’s Cash Managers are located.

Cash Management 52

Cash Management Treasury SAP Communication 52

PYMNTS

NOVEMBER 16, 2018

RPA is igniting chatter in the corporate finance community as professionals explore next-level analytics and automation functionality to enhance processes like accounts payable, accounts receivable, cash flow management and more. Automation Anywhere. Existing backers, such as Xavier Niel, also participated in the funding.

Accounts Payable 77

Accounts Payable Foreign Exchange Currencies Startups 77

PYMNTS

MARCH 30, 2018

“Our collaboration with PayPal will significantly expand the payments network accessible to our clients through HSBC, allowing them to send payments to a much wider range of counterparties in a fast and efficient manner,” said HSBC Global Head of Payments in Global Liquidity and Cash Management Tom Halpin.

B2C 65

B2C B2B Cash Management Banking 65

PYMNTS

MAY 12, 2020

banking giant JPMorgan Chase is providing banking services to Coinbase and Gemini, two U.S.-based The bank is providing cash-management services for the exchanges’ U.S. dollar, with explicit backing of the dollar that would be held in accounts at JPMorgan. based crypto exchanges. Coinbase is the largest U.S.

Cash Management 60

Cash Management Currencies Securities Banking 60

PYMNTS

MARCH 6, 2018

Also, companies are increasing primary cash management relationships, and accounts receivable (AR) departments are still seeing commercial credit and debit card payments. Only 13 percent said they decreased the number of cash management solution providers with which they were working.

Cash Management 40

Cash Management Accounting Numbers Retail 40

PYMNTS

APRIL 20, 2018

It used to be that when “Goldman Sachs” was mentioned, it was in the context of the storied Wall Street investment banking firm trading and underwriting securities, advising on mergers and acquisitions, taking companies public and brokering deals. The Dip into Commercial Banking. Not so much anymore.

Banking 40

Banking Cash Management Finance Investments 40

PYMNTS

JUNE 22, 2020

Enabling employees to work remotely during the COVID-19 pandemic has sent a wake-up call to companies that their old-school accounts payable (AP) practices will not cut it in the new economy. Many banks are therefore partnering with AP-focused FinTechs to quickly meet clients’ new demand, he explained.

Accounts Payable 56

Accounts Payable Invoicing Banking Cash Management 56

PYMNTS

DECEMBER 11, 2020

Capital One Financial Corp is putting a stop to buy now, pay later (BNPL) transactions on its credit cards, calling the dealings “ risky ,” for both consumers and banks. to advance secure, contactless transactions as stores reopen amid COVID-19 restrictions. Synctera Brings 'FinTech As A Service' To Community Banks.

eCommerce 70

eCommerce Cash Management Retail Compliance 70