PYMNTS

DECEMBER 21, 2020

While the B2B payments category was not the subject of its initial announcement, partner Lance Fenton told PYMNTS that he sees tremendous opportunity in the sector. One of the best things about B2B payments is it can work across verticals. Fenton said Serent has an advantage in understanding the healthcare vertical. “In

B2B

PYMNTS

APRIL 26, 2018

While these challenges remain, firms must also assess and manage risks related to human rights, war, economic turmoil, foreign exchange volatility, cyberattacks and the implications of noncompliance. Today, supply chain and supplier risk management is a beast.

Risk Management

PYMNTS

MAY 27, 2020

Despite some drawbacks, legacy rails have mounds of potential to tackle a multitude of B2B payments friction points. For payments technology players, finding the opportunities to build upon existing infrastructure continues to open up new doors in B2B payments improvements. Adflex Eyes Card Rails For B2B. CUs Move Closer to RTP.

Reconciliations

PYMNTS

OCTOBER 23, 2020

This week's B2B Venture Capital roundup saw more than $76 million in new funding. And while investors targeted an accounts payable payments startup as well as another platform designed to help other startups understand their equity, a common theme this week was investment in risk mitigation capabilities. The company highlighted the $8.14

B2B

PYMNTS

AUGUST 9, 2020

The benefits for Google include a unified and accurate supplier record, the ability to integrate supplier qualification and segmentation with other procurement processes, and compliance for supplier risk management throughout the supply base.

SAP

PYMNTS

SEPTEMBER 13, 2017

Sabre Corporation has published the results of its “ 2017 Asia Pacific Corporate Traveler Study ,” identifying two major trends driving business travel in the region: an increased emphasis on mobility and a growing concern over non-compliance.

Compliance

PYMNTS

JUNE 17, 2020

Buyers and suppliers alike want a comprehensive supplier management policy to generate sustainable business relationships, compliance and process excellence.” ” Supply chain managers are thinking of new ideas amid the global pandemic.

Risk Management

PYMNTS

SEPTEMBER 25, 2019

The current regulatory climate remains in its relative infancy for this industry, so marketplace lenders are not only tasked with maintaining compliance but diligently tracking the regulatory landscape to forecast new and changing rules. However, there is a range of other areas of noncompliance risk for these businesses. In the U.S.,

Compliance

PYMNTS

NOVEMBER 4, 2016

Digital procurement software firm GEP is targeting risk associated with B2B trade with a new partnership. The company revealed this week that it is partnering with Global Risk Management Solutions (GRMS) to integrate GRMS’ supplier risk management capabilities within the GEP procurement platform.

B2B

PYMNTS

MAY 16, 2019

Product compliance and risk management technology firm Decernis is collaborating with Viaware , an IT company in the food contact materials space, to promote compliance in the supply chain. Compliance in the food and food packaging space can be complex , the companies noted.

Compliance

PYMNTS

FEBRUARY 12, 2019

The case highlights the risks and challenges companies face in not only vetting their suppliers, but vetting their suppliers’ suppliers, with third-party vendors a potential source of non-compliance for importers. took a series of steps to enhance its third-party risk management processes., Know Your Supplier.

Compliance

PYMNTS

JULY 2, 2019

.” Acuris Risk Intelligence positions itself as a service provider for FIs, allowing them to access the information they need to manage compliance. However, the challenges of compliance data go far deeper, noted Parfitt. FIs of various sizes will almost certainly face different compliance challenges, too.

Compliance

PYMNTS

AUGUST 21, 2019

ADEC Innovations, a global sustainable practice and compliance firm, is partnering with London-based Libryo , a legal tech software as a service (SaaS) company, to help brands understand compliance requirements, ADEC said in a press release on Tuesday (Aug. The software will track chemical use and manage compliance.

Compliance

PYMNTS

APRIL 18, 2018

Treasury management system provider GTreasury announced it reached a deal to acquire risk management and compliance software company Visual Risk , reports in Mondo Visione said Tuesday (April 17).

Treasury

PYMNTS

JANUARY 10, 2019

The enterprise is exposed to financial risks at just about every angle, with expansion across borders and into partnerships with unfamiliar firms upping the ante on both risk and reward. Analysts are urging corporates to enhance their risk management strategies in today’s particularly volatile climate.

Finance

PYMNTS

JUNE 21, 2019

While there were no mega-deals in the B2B startup funding realm this week, it was still a busy time for companies and investors, with many funders targeting companies operating in less common markets. One of the largest investment rounds of the week went to China’s Haoqipei, a B2B eCommerce platform designed for the auto parts industry.

B2B

PYMNTS

JUNE 17, 2020

According to a report in ZDNet , Westpac said that “a mix of technology and human error” and “deficient financial crime processes” were behind the financial institution’s (FI’s) lack of compliance with anti-money laundering (AML) regulations. Westpac said it identified three drivers of compliance failures, ZDNet reported.

Banking

PYMNTS

MAY 21, 2020

This week’s look at these partnerships and data integration efforts finds a focus on small business lending and compliance, while some newly forged partnerships are also looking to help banks strengthen their own FinTech collaboration agreements. Treasury Prime Funded For API Tech. Billy Reveals Open Banking Plans.

Banking

PYMNTS

JULY 5, 2018

Maintaining compliance and security , though, must be at the top of the priority list, according to Stemmle and Kull. While additiv provides the wealth management technology via its Digital Finance Suite of solutions, Orange enables financial institutions to implement and “plug-in” to the technology via the cloud. .”

Compliance

PYMNTS

SEPTEMBER 29, 2017

But the banks themselves also have complex demands for their own treasury departments, which, like other corporations, must be able to manage finances, risk and compliance. Compliance with domestic and international standards is considered a must,” Beaulande recently told PYMNTS.

Treasury

PYMNTS

OCTOBER 10, 2016

That’s due to the capabilities of risk management, fraud detection and prevention and compliance within data analytics solutions. The statistics came from HM Revenue & Customs, which reported that, for a significant portion of SMEs in the nation, cash is still king — for both B2B and B2C payments.

Investments

PYMNTS

JUNE 20, 2017

Risk management is complex territory for many businesses, especially those with complex partnerships, vast supply chains and global footprints. For fund investors, active risk management is of particular importance for treasurers, Hazeltree noted. A weak data management strategy could heighten the risk of non-compliance.

Risk Management

PYMNTS

APRIL 23, 2020

Beuerlein continued, “We are excited to continue helping cannabis companies thrive with Salal, which is also known for their trusted operations across compliance, regulations and risk management.”. Hypur serves more than 600 clients throughout the country and has over 25 partnerships with banking and financial institutions.

Risk Management

PYMNTS

APRIL 23, 2018

Users can also take advantage of integrated data from Lyft trips and payments for reporting, compliance, analysis and duty of care. Later this year, the companies also said they plan to integrate Lyft into GBT’s risk management and travel disruption tool Expert Care.

Transportation

PYMNTS

MAY 22, 2020

For many of these tech-centered players, this marks the first economic downturn that will test their balance sheets, risk management tactics and business models, and will undoubtedly impact each FinTech in different ways. Ultimately, economic recovery will likely uncover which business and risk models succeeded, and which failed. “A

Economics

PYMNTS

MAY 15, 2019

As he told Webster, “when you combine Earthport and Visa, we now stand in front of virtually 100 percent of the globe in terms of a reach equation,” with what he termed “bank-grade-type compliance and risk management in the operating structure provided by Visa’s network.”. That’s B2B Connect,” he said.

B2C

Trade Credit & Liquidity Management

MAY 27, 2025

By having well-thought-out processes in place, you can mitigate the risk of being victimized by fraud and help prevent your company from violating critical compliance requirements. Lax KYC controls can result in time-consuming collection issues, unnecessary bad debts, and serious compliance violations.

Compliance

Trade Credit & Liquidity Management

MAY 27, 2025

The Rise of Digital Fraud Prevention Tools Another Trade Credit & Liquidity Management article, " Automating Fraud Prevention in B2B Credit ,” reports on how Bectran, an order-to-cash software provider, has partnered with Ekata by Mastercard to enhance fraud prevention in B2B credit operations. billion in 2022 to $252.7

Compliance

PYMNTS

SEPTEMBER 20, 2018

ProfitStars , the Jack Henry & Associates division that provides risk management solutions for financial institutions, announced its latest fraud tool on Wednesday (Sept. “Our iPay ESM solution delivers sophisticated fraud analytics, eases compliance and provides powerful reporting capabilities to financial institutions.

Banking

PYMNTS

OCTOBER 10, 2018

When it comes to business-to-business (B2B) transactions, paper checks are often the villain, cards an expensive but quick underdog, and ACH and its non-U.S. Rarely does the wire transfer come into play as an exciting, innovative payment rail ready to disrupt cross-border B2B payments.

B2B

PYMNTS

JANUARY 30, 2019

Compliance and risk management technology provider Opus is launching a new Know Your Customer (KYC) workflow solution for banks. 29) said Opus is rolling out its Clarity KYC solution to automate KYC workflows and enhance risk analysis. A press release on Tuesday (Jan.

Banking

PYMNTS

DECEMBER 20, 2016

We have invested in Kyriba, who have built a scalable cloud-based platform with deeply integrated bank connectivity, payments, risk management and supply chain finance,” said Mitsubishi UFJ Capital President Muneki Handa in a statement.

Treasury

PYMNTS

SEPTEMBER 13, 2018

Time for B2B to enter the digital age, for data to be entered once (and for all!) Writ large, the B2B space is staggering in its size: Worth as much as $120 trillion, according to oft-repeated industry figures. The firms noted on Wednesday that there have been parts of the B2B continuum that have been digitized.

B2B

PYMNTS

APRIL 21, 2017

The company’s B2B eCommerce solution OroCommerce provides an open source platform that can help SMEs more efficiently brand themselves to corporate buyers and customize interfaces for a better eProcurement experience, without corporate users having to design in-house software to fit their unique needs. Take Oro, for instance.

Auditing

PYMNTS

SEPTEMBER 13, 2018

Data from NACHA – The Electronic Payments Association shows that roughly 6 percent of the two million same-day ACH transactions made in the 11 days since launch were B2B transactions, signaling room for growth. This embrace comes as corporates are just starting to work with faster payments.

Foreign Exchange

PYMNTS

JUNE 29, 2017

Regulation has historically been a challenge for the financial services space, but considering today’s fast pace of change in both financial services innovation and regulation, compliance is increasingly becoming a headache. But understanding what can be a dizzying array of policies is only part of the battle.

Compliance

PYMNTS

FEBRUARY 22, 2017

Nearly 80 percent of businesses surveyed in that report said they have taken some type of measure to make up for the cost of compliance, with Basel III cited as having the greatest negative impact for businesses. And while virtual accounts can certainly aid in Basel III compliance, Morrissey noted that there are broader opportunities at play.

Accounting