PYMNTS

DECEMBER 15, 2020

Businesses can use a recipient's accounting number or email address to initiate a payment, while transaction data is enhanced to support the reconciliation process. The solution is made possible through the adoption of the funds transfer service Interac eTransfer for Business.

Foreign Exchange 94

Foreign Exchange B2B Reconciliations Banking 94

PYMNTS

DECEMBER 11, 2019

Recent reports in Accountancy Age said SMBs are largely unaware of open banking, with Intuit Quickbooks finding in a survey of U.K. SMBs that nearly half (48 percent) said they don’t believe technology will impact their business. Cash flow remains the No. and beyond to introduce a range of new products and services for the SMB user.

Banking 52

Banking Foreign Exchange Reconciliations B2B 52

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

OCTOBER 30, 2019

Open banking jumped onto the financial services scene with a focus on enabling consumer-facing FinTech platforms to connect with their users’ bank account data. The model quickly gained traction and today is accelerating its expansion into B2B financial services, too. Open Banking Targets Corporates.

Banking 41

Banking Foreign Exchange B2B Accounting 41

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. “But in the cross-border space, it’s a different ball game.”

B2B 65

B2B Foreign Exchange Accounts Payable Reconciliations 65

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

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 8, 2016

“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.” In a statement, DSYH CEO Suraj Vazirani said the investment will be used to boost its underlying technological infrastructure. ” Logistics.

B2B 40

B2B Startups Foreign Exchange Invoicing 40

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. The firms have said that the Santander app uses Ripple’s xCurrent technology to underpin payments and tracking. and Mexico in the hours that followed the surprising series of events.

Foreign Exchange 41

Foreign Exchange Banking Reconciliations B2B 41

PYMNTS

OCTOBER 6, 2020

The new APIs help with foreign exchange (FX) settlement, obtaining check images and retrieving reports, according to a Tuesday (Oct. In addition, customers can now obtain multiple pictures of checks that have been posted to their accounts to help with account reconciliation with the check image retrieval API.

Treasury 75

Treasury Foreign Exchange Banking Reconciliations 75

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

PYMNTS

MARCH 6, 2019

One area where elimination of such processes can be of benefit is treasury management — specifically, reconciliation of transactions and liquidity management. 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.”.

Treasury 75

Treasury Auditing Foreign Exchange Pharmaceutical 75

PYMNTS

SEPTEMBER 4, 2018

Yet there is some adoption of faster payment technologies among corporates. Apart from supplier payments, the shift could have significant impacts on foreign exchange conversions for faster hedging, real-time investments, faster risk-mitigation capabilities and real-time visibility into more accurate cash positions. “As

Treasury 44

Treasury Foreign Exchange B2B Accounts Payable 44

PYMNTS

NOVEMBER 7, 2019

“How many times in the last few years have we seen what are basically press release partnerships where a big player will come to the table to announce they are testing a new technology, like blockchain, recently?” Massaro said. The partnership between BoA and Flywire is new, but their association is long, Massaro noted.

Foreign Exchange 44

Foreign Exchange Education Reconciliations Banking 44

Future CFO

JANUARY 12, 2021

Working capital and cash flow optimisation With uncertain times ahead, CFOs today must monitor the impact of price volatility, foreign exchange fluctuations, and interest rate changes, and be able to rapidly revise financial asset positions and protect against increased credit risks.

Foreign Exchange 40

Foreign Exchange CFO Compliance Reconciliations 40

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

JULY 18, 2016

To that end, payments technology firm Ixaris is teaming up with Amadeus as a partner to develop the latter’s B2B Wallet Prepaid offering, helping to further the use of virtual cards. The “block” strategy helps target certain services and cost centers that are germane to the travel industry itself.

B2B 40

B2B Foreign Exchange Reconciliations Technology 40