Remove Accounting Remove Compliance Remove Foreign Exchange Remove Securities
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Bank Of America Expands SWIFT gpi, Intros CashPro Cross-Border Payment Tracker

PYMNTS

The financial institution or corporate client gets transparency into fees and foreign exchange rates as well as visibility of payment settlement. The tool is aimed at improving speed, security, transparency and compliance. . 10) press release. Customers can make payments via Bank of America’s SWIFT gpi solution.

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Banking-as-a-Service Tops This Week's B2B VC Roundup

PYMNTS

Osome connects small and medium-sized businesses to a digital business assistant app to automate accounting, payroll and tax compliance workflows. The company secured the funding from an unnamed angel investor, reports said. and Hong Kong.

B2B 91
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SWIFT activates instant 24/7 cross-border payments

Future CFO

Remittance payments from anywhere in the world destined for the UK routed through Lloyds can arrive in seconds with fee and foreign exchange transparency, security and full regulatory compliance, SWIFT said.

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Red Hat: Innovating Payments The Open Source Way

PYMNTS

This is where open source technology has typically come to the rescue, in particular containerization and container orchestration technology based on the Kubernetes ecosystem, which allows FSI players to secure, manage and scale horizontally their payment processing functions across different computing environments. 1: Security.

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SMBs Remain Hot Spot For Open Banking Business Models

PYMNTS

Recent reports in Accountancy Age said SMBs are largely unaware of open banking, with Intuit Quickbooks finding in a survey of U.K. It is clear that as an industry we could do more to assure businesses of the security measures in place and demonstrate the tangible benefits of open banking and connected technology,” he added.

Banking 52
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Citi: Healing Broken PPE Supply Chains With Streamlined Cross Border Payments

PYMNTS

to China within only a few hours in order to secure a PPE shipment for healthcare providers. She and a group of volunteers are working to facilitate the procurement of PPE from that distributor for Boston-area hospitals, and so far have secured 1.4 The ability to quickly, securely and efficiently move funds within a day from the U.S.

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Blockchain’s Potential To Ease X-Border Payment Pains

PYMNTS

goods and services trade with China accounted for over $659 billion in value, according to the Office of the United States Trade Representative. strongly preferred digital channels for payment approvals, account information and foreign exchange transactions. and China has ballooned to over half a trillion dollars.