PYMNTS

JULY 8, 2020

To provide platform clients a greater ability to grow and be transparent with global payments, cloud banking company Mambu and B2B cross-border technology firm Currencycloud have joined forces with an integration, according to an announcement. It is an exciting partnership as we develop our offering and continue to innovate together.”

B2B 56

B2B Foreign Exchange Invoicing Accounting 56

PYMNTS

DECEMBER 24, 2020

Companies must smoothly manage everything from initial orders and invoicing to product delivery and the notification of payment receipts to complete it, making it a long and cumbersome procedure with a great deal of room for error. The order-to-cash (O2C) process is inherently complex. Automation's Expanding Role In The O2C Process.

B2B 79

B2B Foreign Exchange Invoicing Manufacturing 79

PYMNTS

MARCH 16, 2020

In addition, the deal will allow better reconciliation of payments with the matching invoices. There will be cost transparency on fees, and payment routing will be handled by Goldman Sachs’ advanced machine learning technology. The Ariba Network has more than 4.6

SAP 99

SAP Foreign Exchange Reconciliations Currencies 99

PYMNTS

JUNE 11, 2020

To help middle-market firms automate each of their accounts payable (AP) procedures on one platform, MineralTree has unveiled “end-to-end” multi-currency functions. Foreign exchange (FX) rates are set into place at the time the payments are set into motion, and MineralTree said users save on wire fees compared to historical methods.

Foreign Exchange 52

Foreign Exchange Accounts Payable Invoicing Currencies 52

PYMNTS

OCTOBER 8, 2020

Mambu worked with B2B cross-border technology firm Currencycloud in order to let clients quickly work to put virtual accounts, collections, foreign exchange services and payments in place. The changes aim to improve speed and control in banking.

Foreign Exchange 56

Foreign Exchange B2B Invoicing Banking 56

PYMNTS

DECEMBER 4, 2019

Data integration technology and the embrace of the open banking business model, though, has opened up new opportunities for alternative lenders themselves to collaborate with fellow FinTechs and round out their solution sets in an effort to become a greater competitive force against legacy FIs. The Right Service Combination.

Foreign Exchange 52

Foreign Exchange Currencies Invoicing Banking 52

PYMNTS

OCTOBER 26, 2018

raised venture capital for their SMB-facing tools, including global payments, accounting and banking. Targeting China’s SMB community, XTransfer provides cross-border payments, collection and foreign exchange solutions, with its eye fixed on exporters. Businesses across Asia, South Africa, the U.K. GreenSlate.

Foreign Exchange 77

Foreign Exchange B2B Invoicing Startups 77

PYMNTS

MARCH 5, 2019

CurrencyVue offers a foreign exchange risk management platform that integrates with companies’ existing ERP and accounting systems. The deal followed WorldFirst’s rollout of small business multi-currency accounts in China, announced last November via its local brand. and the U.K.

B2B 43

B2B Foreign Exchange Risk Management Invoicing 43

PYMNTS

JULY 10, 2019

Lisa Lansdowne-Higgins, vice president of business deposits and treasury solutions at the Royal Bank of Canada (RBC), recently told PYMNTS that these three disruptors have a significant opportunity to shake up accounts payable processes thanks to the impact they have on data.

B2B 62

B2B Accounts Payable Mergers and Acquisitions (M&A) Reconciliations 62

PYMNTS

MARCH 16, 2016

Foreign currency payments firm Midpoint got a bit closer to its small business accounting partner, Xero, this month when it revealed that not only had they extended their collaborative ties but that Midpoint would also be adding a “Pay Now” button to invoices sent through Xero. Collaboration.

Foreign Exchange 42

Foreign Exchange Banking Invoicing B2B 42

Reval

JUNE 13, 2017

The award from Corporate Treasurer magazine , commends Kerry’s application of technology to support its intercompany netting activities. Kerry’s netting centre captures transaction information, centralises foreign exchange exposures and provides clarity over transaction costs for transactions between the company’s subsidiaries.

Foreign Exchange 52

Foreign Exchange Treasury Cash Management Risk Management 52

PYMNTS

JUNE 21, 2018

JPMorgan’s treasury management services are the financial institution’s (FI) latest target for technological innovation, reports in CNBC said Wednesday (June 20). billion annual technology budget goes toward development of new tools. “We Do you know you could send a foreign exchange ACH payment instead?

Treasury 44

Treasury Foreign Exchange B2B Invoicing 44

PYMNTS

MAY 13, 2020

With high transaction volumes, this speed is rarely accomplished, but through collaboration and technology, Citi and Flywire have demonstrated that it’s not only possible, but it could be the new normal of cross-border B2B payments. Preparing yourself through technology is really my recommendation.”.

Healthcare 81

Healthcare B2B Foreign Exchange Nonprofit 81

PYMNTS

MAY 5, 2016

CSI will lend its digital accounts payable solutions, while Cambridge will add in its payments technology, generating a Web portal to issue and settle cross-border payments. The service providers negotiate foreign exchange rates with other cross-border payment service providers, reports added.

Foreign Exchange 40

Foreign Exchange Accounts Payable B2B Invoicing 40

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. For instance, its LaaS platform lets businesses provide invoice or payroll financing to their customers.

Accounts Payable 77

Accounts Payable Foreign Exchange Currencies Startups 77

PYMNTS

JUNE 21, 2019

Martin Chikilian, vice president of talent operations for freelancing marketplace Toptal , observed that many software developers in Córdoba, Argentina, where he lives, work remotely for Silicon Valley and New York City technology firms, for example. Screening cannot be entirely left to technology, however.

Foreign Exchange 43

Foreign Exchange Currencies Invoicing Leverage 43

PYMNTS

NOVEMBER 7, 2019

For consumers, many of these challenges include the need to support card transactions so users don’t have to manually calculate foreign exchange (FX) conversion rates. “Businesses are moving toward these forms, partly because of consumer preference and partly because of cloud technology.”

B2B 40

B2B B2C Foreign Exchange Invoicing 40

PYMNTS

JULY 26, 2019

Remittance and peer-to-peer payment technologies have accelerated transaction speeds for consumers tired of waiting days for money to move across borders. Regardless of how, these technologies and their innovators share common goals: to accelerate and streamline cross border payments.

Foreign Exchange 64

Foreign Exchange B2B Prioritization Banking 64

PYMNTS

DECEMBER 31, 2020

Morgan’s EMEA Head of Wholesale Payments Shahrokh Moinian, technological innovation is helping to unlock more opportunities for corporate treasurers to step up to this newfound strategic role of mitigating risk within their organizations. The other is technological innovation. According to J.P. Bill Marvin , CEO at J.P.

Healthcare 115

Healthcare B2B Foreign Exchange Treasury 115

PYMNTS

OCTOBER 21, 2016

Tritium Partners led the funding round, which will be used by PayCommerce to focus on continuing technological innovation. Offering suppliers accounts receivable support to accept electronic payments from their corporate buyers, Nvoicepay focuses on faster, more secure B2B payments. ” SME Banking. . ” SME Banking.

B2B 77

B2B Startups Foreign Exchange Investments 77

PYMNTS

JULY 8, 2016

With $3 million in new venture capital, Australia-based Airwallex is helping businesses pay and issue cross-border invoices in the currency of their choice. “It can take days for the money to reach its destination, and the transfer and foreign exchange fees are excessive and often prohibitive to SMEs.”

B2B 40

B2B Startups Foreign Exchange Invoicing 40

PYMNTS

OCTOBER 4, 2019

India’s FinBox landed an undisclosed amount of pre-Series A funding, reports in Inc42 said this week, with investors at Arali Ventures leading the investment in the credit risk management technology startup. The company said it will use the investment to develop new features for its B2B offering, with a focus on billing and invoicing.

B2B 51

B2B eCommerce Startups Foreign Exchange 51

PYMNTS

FEBRUARY 8, 2018

Digital wallet providers, which must quickly move money between wallets and bank accounts, also present a major potential use case. This means faster settlement services for merchant funding and support for large-scale billers to move from paper invoices and checks to digital replacements. Getting to ubiquity. Even today, not all U.S.

Foreign Exchange 43

Foreign Exchange Banking Invoicing Compliance 43

PYMNTS

MARCH 23, 2016

These extended payment terms could be due to open account trade. In a document outlining these definitions, the BAFT explained that open account terms allow trading partners to independently work out payment terms; according to the report, more than 80 percent of trade volume across the globe is conducted with open terms.

Foreign Exchange 40

Foreign Exchange B2B Manufacturing Finance 40

PYMNTS

OCTOBER 7, 2016

test BTC sale of a picture of two cats sitting in front of a sunset composed of ASCII characters, an invoice for bitcoin and payment routing through multiple nodes. Blockstream will release its work so that anyone can test the technology or so that “you can buy your own cat on testnet.” From Lights To Lightning.

Currencies 99

Currencies Foreign Exchange eCommerce Banking 99

PYMNTS

FEBRUARY 11, 2020

Financial institutions (FIs) today face the ongoing threat of trade finance , he noted, pointing to a common tactic of a supplier submitting the same invoice to two different financiers to receive double funding. From invoice fraud to cyberattacks, the threats hampering trust in cross-border trade continue to grow. ”

Finance 53

Finance Technology Foreign Exchange Invoicing 53

PYMNTS

JANUARY 16, 2019

based challenger bank, is expanding its existing partnership with digital payments company PrePay Solutions (PPS) to add corporate accounting and invoicing to its platform. The acquisition costs for banks are around £300 [$425 USD], and their business models are based on transactional revenues, such as foreign exchange and loans.

Invoicing 51

Invoicing Foreign Exchange Accounting Banking 51

PYMNTS

JULY 24, 2020

Founded in 2015, Revolut began by offering prepaid debit cards that allowed users to avoid foreign exchange fees while traveling abroad. Since then, the financial technology (FinTech) company has expanded its portfolio to also offer business banking. It boasts more than 12 million customers.

Startups 102

Startups Foreign Exchange Valuation Invoicing 102

PYMNTS

DECEMBER 2, 2020

Sage has unveiled a new partnership with Satago , a cash management and finance program for small firms and accounting professionals, according to an announcement. FinTech firms Cobase and Ebury are now working together to roll out Ebury's foreign exchange services on Cobase's multi-banking platform, according to a press release.

Cash Management 57

Cash Management B2B Foreign Exchange Banking 57

Simply Treasury

SEPTEMBER 9, 2020

Unfortunately, invoices do not get paid in profit, but in cash. By working on accounts receivable, accounts payable and stock, you can improve the reliability of cash flow forecasts. If possible, the same definitions should be used at the financial accounting, consolidation, and treasury level as at the internal reporting level.

Cash Flow Forecasting 130

Cash Flow Forecasting Forecasting Treasury Budgeting 130

PYMNTS

DECEMBER 17, 2019

For AccountsIQ, the latest embrace of open banking comes in the form of a collaboration with TransferMate , which has now integrated cross-border payments capabilities directly within AccountsIQ’s accounts payable portal. “In the middle market, businesses are becoming more international,” he said.

Marketing 52

Marketing Accounts Payable Foreign Exchange Invoicing 52

PYMNTS

MARCH 6, 2019

However, with technology in place, Rodrigues explained, treasury can be transformed to become the “24/7 investment arm, to support financial and broader goals for global companies.”. Distributed ledger technology (DLT), in essence, is a distributed database that securely stores and organizes data.

Treasury 75

Treasury Auditing Foreign Exchange Pharmaceutical 75

PYMNTS

APRIL 21, 2016

A cross-border payments company and an accounts payable solutions provider have joined forces, meshing their tools together to ease friction in global B2B payments. Beanworks will integrate its payments processes into Cambridge’s global tools, which include real-time foreign exchange rate monitoring.

Accounts Payable 40

Accounts Payable Foreign Exchange B2B Invoicing 40

Future CFO

JANUARY 21, 2021

One immediate challenge that the Treasury department faced was foreign exchange (FX) exposure. Steven Ho, finance director at TVS Asianics, noted that his business does a “fair bit of transactions in foreign currencies.” Equally important is supply chain financing, which touches on the topics of invoice and reverse factoring.

Treasury 52

Treasury Foreign Exchange CFO Currencies 52

PYMNTS

MARCH 1, 2018

But these popular apps, which started as consumer-facing tools but have each made recent steps to embrace business travelers , don’t paint the entire picture of ground transportation for the corporate world, said Tobi Mac, founder and CEO of FlitWays Technology , and complexity in this space can make spend management increasingly difficult.

Transportation 40

Transportation Foreign Exchange Currencies Reconciliations 40

PYMNTS

NOVEMBER 19, 2018

Even for companies in markets with robust correspondent banking operations, high and hidden bank fees , foreign exchange volatility, and a lack of speed and visibility into the status of a transaction have all opened up opportunities for FinTechs in the cross-border business payments market to address these points of friction.

Foreign Exchange 74

Foreign Exchange Currencies Banking Invoicing 74