Remove Accounts Payable Remove Banking Remove Currencies Remove Foreign Exchange
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Banking APIs Give Businesses An eCommerce Push

PYMNTS

Open banking efforts are live in countries ranging from the United Kingdom to Singapore. Financial institutions (FIs) following these initiatives make their application programming interfaces (APIs) publicly available, which third-party developers can use to create solutions that draw on banking data from consenting users.

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B2B Use Cases Drive Up Real-Time Demand

PYMNTS

In this week's roundup of payment rail innovation, PYMNTS finds B2B payments use cases serve as an important driver of adoption, with FinTechs and financial service providers embracing payment rails old and new to enable real-time B2B payments and foreign exchange. Plus, blockchain projects move closer to launch in the U.S. and abroad.

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Today In B2B Payments: A New FinTech Launches, And CPS Finds A Buyer

PYMNTS

Today in B2B payments, accounts payable automation firm CPS finds a buyer. The accounts payable (AP) workforce is alerted when differences are discovered. OpenPayd Debuts Access To Quick Foreign Exchange Payments. REPAY Inks Deal For B2B AP Automation Firm CPS. 27) announcement. 27) announcement.

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Canada’s Path Toward B2B Payables Modernization

PYMNTS

Some of the biggest industry trends, including faster payments, open banking and bank-FinTech collaboration, have found their ways into the Canadian market, the B2B payments space is not immune to disruption from these shifts. Open Banking. While Canada has not yet enacted open banking regulatory requirements, much like the U.S.,

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MineralTree Unveils International AP Features, TransferMate Partnership

PYMNTS

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.

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Deutsche Bank Links Faster Payments To Faster FX Management

PYMNTS

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. One of the areas ready for real-time disruption is foreign exchange (FX) management, which is “the road to real-time treasury,” according to the report.

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Goldman Sachs Adds Global Payments To SAP Ariba

PYMNTS

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.

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