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

NOVEMBER 22, 2016

Researchers forecast mobile payments to account for $1 trillion in transactions next year. “Things like digital invoicing, virtual cards and cloud-based finance and accounting will help the bottom line of smaller businesses by enabling them to process and receive payments quickly,” he stated.

B2B 65

B2B B2C Vendor Management Reconciliations 65

PYMNTS

AUGUST 26, 2016

Yantra Financial Technologies said earlier this week that it has enabled lenders to deliver funds in real time, using a business bank account known as BlastPay. The traditional bank loan, said the executive, can take months to wind through the path between initial application and disbursement.

B2B 41

B2B Vendor Management Reconciliations Communication 41

PYMNTS

JULY 29, 2019

There are sophisticated payment rails capable of moving money instantly, he noted, and when a buyer wants to pay a supplier that payment will route directly from one bank account to another. This is, unfortunately, is just a point-to-point system, there is no reconciliation on this basic platform.

B2B 48

B2B Reconciliations Invoicing Vendor Management 48