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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. Last year, Frey spoke with PYMNTS’ Karen Webster about some of the biggest challenges of FX management.

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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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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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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. According to Lansdowne-Higgins, among the biggest challenges in accounts payable today is the data silos.

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How Automation Helps Treasurers Weather The FX Volatility Storm

PYMNTS

that has led to a depreciation of the pound are having widespread impacts throughout supply chains with touchpoints in the markets. 12) in Catering Insight showcased some of the foreign exchange hurdles businesses face as a result of that uncertainty. But that, he said, is also one of the largest challenges in this market.

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How Digital Assets Could Reshape The Future Of Corporate Treasury

PYMNTS

With more emerging use cases and an increasingly accepting regulatory landscape, cryptocurrencies are gaining traction in new areas of the market, and corporate treasurers want in. Digital assets are no longer a futuristic pipe dream in modern economy.

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AP Automation’s Role In Paying The Gig Economy

PYMNTS

For the companies that pay these workers, sometimes globally and across currencies, managing accounts payable (AP) processes is quickly becoming a complex endeavor. That includes having the right payment choices in place, as gig workers want to be paid in their home currencies, McGuire noted. The Gig Economy.