PYMNTS

JUNE 25, 2020

As accounts payable (AP) and accounts receivable (AR) operations continue to converge for many organizations, buyers and suppliers are increasingly acknowledging the value of using each other’s technology platforms to promote stronger B2B relationships. MineralTree Pairs For Global AP.

Invoicing 112

Invoicing Accounts Payable B2B Currencies 112

PYMNTS

DECEMBER 16, 2020

Visa and the UAE's First Abu Dhabi Bank (FAB) are partnering to introduce virtual corporate cards to the financial institution's business clients to accelerate and automate B2B payments. Access Bank Taps Visa For SMB Debit Cards. Visa, FAB Roll Out Corporate Virtual Cards. Tipalti Enhances Corporate Card Adoption In AP.

Accounts Payable 114

Accounts Payable Microsoft Office B2B Currencies 114

PYMNTS

MARCH 18, 2020

In a recent conversation with PYMNTS, Bectran Business Development and Implementation Manager Dominic Biegel reflected on the deepening relationship between an organization’s accounts receivable (AR) operations and its clients’ accounts payable processes. Goldman Joins SAP Ariba Network.

B2B 67

B2B Accounts Payable SAP Invoicing 67

PYMNTS

SEPTEMBER 15, 2020

Postal Service have added yet another hurdle to the payment method, which can affect everything from accounts payable (AP) to payroll to insurance disbursements. Mastercard Leads Central Bank Digital Currency Test. First Horizon Mixes Rails for Faster Treasury Payments. Zero Hash Embraces Payment Rail Cooperation.

Currencies 105

Currencies Accounts Payable Treasury B2B 105

PYMNTS

OCTOBER 21, 2020

Emburse , which works in expense management and accounts payable automation, has launched Emburse Global Reimbursements, intended to help pay employee expenses in a more efficient, cost-effective way. The solution is partnered with TransferWise and will help to resolve issues in multiple currencies, the release says.

Accounts Payable 78

Accounts Payable Currencies Accounting Banking 78

PYMNTS

JANUARY 14, 2020

For payment rail innovators, that can sometimes mean exploring new ways to help traditional banks and their clients loop into existing rails in an effort to lower the barrier of accessing an array of legacy payment networks and systems. The service is developed on blockchain using stablecoin virtual currency pegged against the U.S.

Banking 53

Banking B2B Accounts Payable Currencies 53

PYMNTS

SEPTEMBER 4, 2018

In a new report released from Deutsche Bank’s Global Transaction Banking unit, analysts noted that faster payments are shifting treasurers to embrace real-time processes. Real-time payment capabilities enable businesses to take advantage of faster currency conversions and real-time FX rate management.

Foreign Exchange 40

Foreign Exchange Banking Accounts Payable Treasury 40

PYMNTS

APRIL 22, 2020

With more B2B payment technology providers turning their attention to the electronic invoice, the document has become a keystone that connects accounts payable (AP) and accounts receivable (AR) portals. For accounts receivable, when the link is right there to pay the invoice, nothing falls through the cracks,” he said.

Accounts Payable 56

Accounts Payable Invoicing B2B Currencies 56

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. Multi-currency payments from the company’s systems are automated through the connection with the international payments system of TransferMate.

Foreign Exchange 52

Foreign Exchange Accounts Payable Invoicing Currencies 52

PYMNTS

DECEMBER 10, 2019

The provider’s new Money Transfer API supports fund transfers directly into overseas bank accounts, while another API supports money settlement in local currencies to spare recipients from the frictions of handling conversions. Banks are also turning to APIs to support their regulatory work.

Treasury 52

Treasury Accounts Payable B2B Banking 52

PYMNTS

SEPTEMBER 29, 2020

During the lockdown, many people shifted to accessing banking and other financial services online. The first company it's working with is Wirex, which provides a crypto-friendly currency account and enables cross-border payments via Visa card. Many more made contactless payments.

B2B 129

B2B Accounts Payable B2C Currencies 129

PYMNTS

JUNE 20, 2019

In accounts payable and accounts receivable, rising fraud mitigation efforts may also lead to more false positives, leading to declined commercial card transactions, misplaced suspicion between buyers and suppliers, delays in invoice processing and more. The False Positive Threat.

B2B 73

B2B Accounts Payable Invoicing B2C 73

PYMNTS

OCTOBER 28, 2020

Today in B2B payments, accounts payable automation firm CPS finds a buyer. The accounts payable (AP) workforce is alerted when differences are discovered. OpenPayd , an application programming interface (API)-led Banking-as-a-Service (BaaS) provider, launched InstantFX on Tuesday (Oct. 27) announcement.

B2B 56

B2B Foreign Exchange Accounts Payable Invoicing 56

PYMNTS

NOVEMBER 3, 2020

Also focused on real-time transacting is OpenPayd , an application programming interface (API) Banking-as-a-Service (BaaS) company that debuted its InstantFX service. One FI, First Bank, told the publication why B2B use cases are upping the demand for real time. China Touts Proprietary Digital Currency. B2B Drives ACH Volume Up.

B2B 56

B2B Foreign Exchange Currencies Accounts Payable 56

PYMNTS

MAY 17, 2018

Once less than friends with FinTechs, it looks like big banks are warming to the concept of collaboration with the relatively nimbler tech upstarts. digital operations head Edward Achtner said that the bank has been eyeing such efforts as partnerships. In addition, the company has partnerships in place with several banks.

Banking 43

Banking Accounts Payable Treasury Currencies 43

PYMNTS

JANUARY 28, 2021

“As you progress, and digital assets start to integrate into finance, then you start to see companies looking to hedge [foreign exchange (FX)] exposure, or looking to reduce an emerging market currency volatility, by holding digital assets.”.

Treasury 84

Treasury Foreign Exchange Accounts Payable Prioritization 84

PYMNTS

MAY 21, 2020

Cross-border payments can exacerbate points of friction, Ginesta maintained, as cross-currency payments are impacted by exchange fluctuations. eInvoicing can streamline accounts payable processes and improve relationships with suppliers. “An

B2B 94

B2B Accounts Payable Invoicing Currencies 94

PYMNTS

FEBRUARY 5, 2020

For the companies that pay these workers, sometimes globally and across currencies, managing accounts payable (AP) processes is quickly becoming a complex endeavor. might take an Excel file out of a performance measurement system and upload the file to its bank. Typically, McGuire stated, a firm operating only in the U.S.

Invoicing 61

Invoicing Accounts Payable Foreign Exchange Currencies 61

PYMNTS

APRIL 8, 2020

Global accounts payable software company Tipalti said Wednesday (April 8) it will waive fees for guilds, nonprofits, and trade groups to assist them in getting cash to their members during the coronavirus crisis. “We Tipalti automates payroll in 190 countries, using six payment methods and 120 currencies, according to the company.

Nonprofit 52

Nonprofit Accounts Payable Currencies Banking 52

PYMNTS

NOVEMBER 4, 2020

This new financing will help us to accelerate the development of the company both in terms of products, with the addition of local currency accounts, payment card, integration with accounting software, and geographically, as we will target new markets in South-East Asia,” Statrys Founder and CEO Bertrand Theaud said in the announcement.

Mergers and Acquisitions (M&A) 59

Mergers and Acquisitions (M&A) B2B Planning Accounts Payable 59

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. Automation Anywhere.

Accounts Payable 77

Accounts Payable Foreign Exchange Currencies Startups 77

PYMNTS

JANUARY 27, 2020

To say that financial institutions (FIs) were unprepared for the banking onslaught of gig workers would be an understatement – and the same could be said of the entire U.S. Companies that outsource large amounts of work in a freelance model are learning that legacy accounting software isn’t set up for that.

Accounts Payable 88

Accounts Payable Invoicing Compliance Currencies 88

PYMNTS

JUNE 21, 2018

In the “ 2018 B2B Payments & WCM Strategies ” report, Strategic Treasurer, Bottomline Technologies and Bank of America surveyed about 275 respondents to assess how corporate payment behavior is – or isn’t – changing.

Accounts Payable 44

Accounts Payable B2B Invoicing Prioritization 44

PYMNTS

MAY 14, 2018

In many ways, eCommerce has dissolved borders, creating new expectations for business to be conducted between countries with different currencies, languages and regulations. A lot of innovation has focused on accounts receivable for businesses on marketplace platforms with a global reach. It’s about reach and depth.

Accounts Payable 40

Accounts Payable Currencies Compliance Accounting 40

PYMNTS

JUNE 8, 2020

VeganNation’s VeganPay solution is also coupled with VeganNation’s existing payments tool, VeganCoin, a digital currency that not only supports the development of a financially united vegan community, but is also a vegan tool itself. ” Using FinTech To Build An Ecosystem. ”

B2B 63

B2B Accounts Payable Currencies B2C 63

PYMNTS

DECEMBER 12, 2019

That’s surprising for several reasons, and here’s a good one: nearly 70 percent of accounts payable (AP) professionals say suppliers value payments speed above all. APIs are also very useful for bank customers in defined verticals like real estate and healthcare, that perform specialized transactions frequently.

B2B 52

B2B Accounts Payable Reconciliations Healthcare 52

PYMNTS

JULY 10, 2020

Although commercial card products can offer working capital benefits on both ends of the B2B transaction, adoption lags behind other digital payment methods in accounts payable (AP) departments. The economic challenges resulting from the pandemic are likely to have a material impact on bank lending as well.

Entertainment 80

Entertainment Accounts Payable B2B Reconciliations 80

PYMNTS

MARCH 16, 2020

Buyers will be able to pay suppliers in their own countries’ currencies with ease, according to the release. Risk will be less of an issue because of the increase in transparency and tighter control on foreign exchange payments, along with the currency exposures for those with stake in procurement and treasury.

SAP 99

SAP Foreign Exchange Reconciliations Currencies 99

PYMNTS

MAY 2, 2019

million, a 5 percent increase compared with the same period last year (8 percent on a constant currency basis). As PYMNTS covered in February, UMB Financial Corporation teamed up with Bottomline Technologies to integrate an accounts payable management offering for corporate customers. Those revenues hit $75.5

Technology 43

Technology Accounts Payable Strategic Planning Leadership 43

PYMNTS

AUGUST 13, 2019

importer told the publication of its reliance on surcharges to mitigate the risk of currency fluctuations. Banks have not historically focused on sophisticated, intelligence and automated FX management products, instead choosing to differentiate themselves from the competition by offering lower costs. China trade wars.

Foreign Exchange 72

Foreign Exchange Accounts Payable Risk Management Reconciliations 72

PYMNTS

FEBRUARY 21, 2020

Renters and homeowners may prefer different currencies or payment methods, like mobile wallets or wire transfers, for example. We choose what is the cheapest and the quickest for our hosts … but sometimes we can only make bank transfers, [as is the case] in South American countries, for example.”. Euros, U.S. Euros, U.S.

Accounts Payable 90

Accounts Payable Securities Currencies Accounting 90

PYMNTS

JUNE 11, 2020

Whether it’s the result of necessity in a remote working environment or of a slowdown in business that frees up time to focus on the transformation, organizations are quickly flocking to their banks and FinTech partners to finally do away with paper in the back office. Interconnected Finances. ” A Competitive Differentiator.

Cash Management 60

Cash Management Invoicing Accounts Payable B2B 60

PYMNTS

JUNE 17, 2020

United Arab Emirates-based bank Emirates Islamic , a unit of Emirates NBD, is rolling out debit cards for small- to medium-sized businesses (SMBs) in an effort to accelerate the ability for SMB owners to access capital and manage cash flow.

Reconciliations 67

Reconciliations Accounts Payable Risk Analysis B2B 67

PYMNTS

JUNE 20, 2016

But market conditions have also made it more difficult than ever to understand how much money a firm has, where it is, who it’s going to and what form of currency it’s in. Digital currencies, cybercrime and complexities of the accounts payable process combine into a mountain of challenges for corporate financial chiefs.

Accounts Payable 41

Accounts Payable Currencies Invoicing Profit and Loss 41

PYMNTS

APRIL 20, 2016

The enterprise payments solution firm revealed Nvoicepay AP Global, a cross-border payments solution for the accounts payable department. The firm also said its international payment solution will have “transparent pricing,” as foreign currencies fluctuate their exchange rates.

B2B 40

B2B Accounts Payable Currencies Accounting 40

PYMNTS

FEBRUARY 19, 2018

You could call accounts payable (AP) the last mile of payments in a way. And, as those same companies bring business and currency across borders, their supply chains lengthen and transactions transverse currencies, languages and any number of regulatory hurdles.

Auditing 51

Auditing Accounts Payable Currencies Accounting 51

PYMNTS

SEPTEMBER 10, 2019

“Our customers don’t want to use their IT resources to stitch together third-party solutions,” Billtrust’s CEO Flint Lane told Webster of businesses’ need for holistic B2B payment solutions that address both accounts payable and accounts receivable needs, all while working in harmony. Getting the Supplier On-Board.

B2B 59

B2B Accounts Payable Accounting Technology 59