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Cambridge Global Payments Automates X-Border AP

PYMNTS

The service automatically extracts data from invoices, PDFs and other trade documents and automates accounts payable while storing payables information for reconciliation and accounting. The invoice processing solution augments Cambridge Global Payments’ existing offering of global payments and foreign exchange management solutions.

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Today In Digital-First Banking: Next Insurance Aims To Raise $250M In Funding; FLEETCOR Agrees To Purchase AFEX

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billion, and FLEETCOR has come to an arrangement to purchase cross-border payment company Associated Foreign Exchange (AFEX). Next Insurance Looks To Secure $250M Funding Round To Reach $2.25B Valuation. The firm is usually geared toward offering global accounts to companies underserved by financial institutions.

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The Bank-FinTech Tie-Up Evolves

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“We are leaving behind siloed accounts and manual transactions and building towards fully automated and point-to-point money movement,” CEO and Founder Stephany Kirkpatrick said in a statement. Accounts payable (AP) and receivable (AR) technology firm Bottomline Technologies announced its open banking-powered service in the U.K.

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Chase Sapphire Brand Expanding Into Checking Accounts

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is expanding the Sapphire credit card brand into new areas of personal finance, including checking accounts. According to a report in Reuters citing the company, the bank will change the Chase Premier Platinum accounts to Sapphire Banking accounts. Chase Premier Platinum accounts have a $75,000 minimum for deposits.

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Bank Of America Expands SWIFT gpi, Intros CashPro Cross-Border Payment Tracker

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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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Bitcoin Daily: BlockFi Suffered ?Temporary Data Breach?; Celo Milestone Enables Celo Gold Transfers

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BlockFi said it was “able to confirm that no funds, passwords, social security numbers, tax identification numbers, passports, licenses, bank account information, nor similar non-public identification information was exposed as a result of this incident.”.

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How cloud accounting made me enjoy the finance industry again

Creative CFP

A couple of years into my career as a chartered accountant I started to wonder if I was still enjoying working in the finance industry. I was so consumed with day-to-day accounting tasks that I did not have time to monitor the financial health of businesses I was taking care of, or to provide valuable feedback to business owners.