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Why Accounts Payable Is The ‘Lost Child’ Of Finance

PYMNTS

So it is with accounts payable (AP), as Chen Amit, CEO of Tipalti , told PYMNTS in a recent interview. Accounts payable is the ‘lost child’ hidden in business workflows,” said the executive. “I Of accounts payable in general, he said, “it’s a cumbersome process. Cash management becomes less art than science.

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How Fashion eCommerce Payments Can Be Designed For Cross-Border Appeal

PYMNTS

The international eCommerce market grew to $412 billion by the end of 2019 — a 4 percent improvement over the previous year. Buyers used local payment methods for 77 percent of worldwide eCommerce in 2019, and that figure is projected to reach 82 percent by 2024. Cards can be critical to serving the U.K.

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Why Cash Management Is Driving Corporate?s Digital Payments Transformation

PYMNTS

Now that businesses have gotten a taste of what it means to automate workflows like invoicing, accounts receivable (AR) and cash management, they’re likely never turning back. But for accountants and AR departments, this integration strategy can go even further. Noticeable Change. Interconnected Finances.

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Treasurers Beware: FX Risk Is Not What It Used To Be

PYMNTS

For many firms, these trends are forcing the introduction of an FX strategy on a company for the very first time, and when corporate treasurers aren’t prepared, they can run into complications beyond the cost of currency exchange. A recent controversy at American Express highlighted that risk for SMBs.

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Main Street, Disbursements And QR Codes Top This Week's News

PYMNTS

The new way of paying would reportedly not necessitate near-field communication (NFC). Mastercard Leads New Central Bank Digital Currency Test Platform. Mastercard has unveiled a new Central Bank Digital Currency (CBDC) test platform. Berkshire Hathaway Sells $2.5B Stake In Wells Fargo. Trackers and Reports.

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Financial Services: Blockchain-Based And Decentralized

PYMNTS

The idea that blockchain can be divorced from the crypto realm and used to trade and store assets is quickly gaining, well, currency. Using cryptography, we can secure accounts without learning anything about them and while having no power to control funds,” Canesin told PYMNTS. Blockchain for Trading .

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Amazon B2B Seeks Dominance — But Grainger Isn’t Rolling Over

PYMNTS

Meanwhile, B2B eCommerce stands on the cusp of other changes that go beyond Amazon’s increasing prowess — changes that promise to bring the supply chain and corporate procurement, long known as a paper-based beast, further into the digital economy. The eCommerce operator wants to put its own spin on that business. trillion by 2020.

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