PYMNTS

MARCH 5, 2019

Multi-currency IBAN account provider ONPEX is collaborating with Canada’s Wirexend to provide multi-currency payment solutions for joint business customers. The companies noted that connecting IBANs to Wirexend accounts supports faster and easier reconciliation and security.

Foreign Exchange 46

Foreign Exchange Currencies Reconciliations Accounting 46

PYMNTS

APRIL 14, 2020

In an interview with Karen Webster, Sairam Rangachari, global head of Digital Channels and Open Banking, Wholesale Payments at JPMorgan , said treasurers seeking to gain visibility into cash management can find application programming interfaces (APIs) to be a useful (and even critical) tool.

Cash Flow Forecasting 92

Cash Flow Forecasting Treasury Foreign Exchange Benchmarking 92

PYMNTS

MAY 13, 2020

But in a collaborative effort with Flywire , Citi Commercial Bank is working to accelerate these transactions for Boston-area hospitals that need equipment fast. With high transaction values and sellers across borders, these purchases would traditionally take several days to complete.

Healthcare 81

Healthcare B2B Foreign Exchange Nonprofit 81

PYMNTS

FEBRUARY 5, 2020

For the companies that pay these workers, sometimes globally and across currencies, managing accounts payable (AP) processes is quickly becoming a complex endeavor. When every invoice is fully accounted for within a firm, he explained, financial professionals gain insight into the real sources of revenue — as measured against costs.

Invoicing 61

Invoicing Accounts Payable Foreign Exchange Currencies 61

PYMNTS

NOVEMBER 15, 2019

Though credit cards were not originally designed to address the needs of corporate payers, advances in commercial card technology have positioned the payment tool as one that’s gaining traction in the accounts payable department.

B2B 65

B2B Foreign Exchange Accounts Payable Reconciliations 65

PYMNTS

DECEMBER 15, 2017

On a good day, managing the ebb and flow of supply chains, accounts receivable and accounts payable can be challenging; on a bad day, juggling all those spinning plates becomes a nightmare. Via its cross-border reconciliation network, Flywire can collect and reconcile those payments immediately and accurately.

Invoicing 48

Invoicing Reconciliations Currencies Foreign Exchange 48

PYMNTS

JULY 2, 2018

” Accounts of South Koreans being spontaneously hoisted onto the shoulders of crowds of enraptured Mexicans also became common across the U.S. Spanish bank Banco Santander said in early June that it would be working with Ripple to offer the first mobile service focused on payments rendered across borders via the blockchain.

Foreign Exchange 41

Foreign Exchange Banking Reconciliations B2B 41

PYMNTS

OCTOBER 6, 2020

Bank of America is rolling out three new application programming interfaces (APIs) as it supports the growing demand for up-to-the-moment data and processing in business treasury. The new APIs help with foreign exchange (FX) settlement, obtaining check images and retrieving reports, according to a Tuesday (Oct. 6) announcement.

Treasury 75

Treasury Foreign Exchange Banking Reconciliations 75

PYMNTS

DECEMBER 2, 2020

Meanwhile, Aareal Bank launches a new B2B payments platform, Cobase teams up for FX and eCapital acquires a commercial lender. Sage has unveiled a new partnership with Satago , a cash management and finance program for small firms and accounting professionals, according to an announcement. 1) announcement.

Cash Management 57

Cash Management B2B Foreign Exchange Banking 57

PYMNTS

JULY 9, 2019

Most said they manually manage intercompany processes like reconciliation, while ad-hoc functions are also common. This lack of insight into intercompany accounts can result in misstated financials, fraud and, overall, a lack of understanding into cash positions and allocations. Open Banking Opportunity.

Foreign Exchange 60

Foreign Exchange Banking Currencies Reconciliations 60

PYMNTS

SEPTEMBER 4, 2018

A new report from Deutsche Bank suggests that even if adoption of accelerated payments remains muted for corporates, the trend is still affecting the enterprise and how it manages money — a fact that corporate treasurers must pay particular attention to. It’s not huge, but it’s not dismissible, either.

Treasury 44

Treasury Foreign Exchange B2B Accounts Payable 44

PYMNTS

NOVEMBER 7, 2019

And you see FinTechs racing to get as many press releases out there with as many banking partners as they can because they want to build PR momentum.”. That can make things a bit tricky when one is announcing a new partnership, as Flywire did last week with Bank of America , that is far from an agreement on press release paper alone.

Foreign Exchange 44

Foreign Exchange Education Reconciliations Banking 44

PYMNTS

JUNE 7, 2018

As the world continues to shrink and companies do more business beyond their borders, quick and efficient fund transfers and reconciliations have become crucial to keeping everything organized and everyone happy. Those operating in multiple counties must also manage cross-border money transfers between their far-flung offices’ accounts.

Reconciliations 46

Reconciliations Currencies Foreign Exchange Accounting 46

PYMNTS

MAY 1, 2018

B2B payments is at the center of efforts to innovate by FinTechs, banks and others, but corporates’ business-to-business payment processes remain complex, erroneous and a deterrent to growth. million on reconciliation processes, with a tenth of survey respondents deploying 50 or more employees to this area of operations.

B2B 47

B2B Invoicing Foreign Exchange Pharmaceutical 47