PYMNTS

SEPTEMBER 26, 2018

The initial coin offering (ICO) has emerged as a corporate financing trend just as volatile as many of the cryptocurrencies themselves. “We’ve seen some ICO project treasuries fall by 80 percent or more, resulting in significantly less runway for building out their product and business,” he continued.

Treasury 65

Treasury Startups Auditing Corporate Finance 65

PYMNTS

SEPTEMBER 28, 2020

This week's B2B Data Digest looks at the latest figures behind such fraud targeting corporate finance teams. 21 percent of business leaders say payment authorization and authentication are requirements when choosing a treasury management platform , a report by Citizens Commercial Banking found. Barrenechea in a statement.

Accounts Payable 96

Accounts Payable Invoicing Treasury B2B 96

PYMNTS

DECEMBER 13, 2017

Santander Bank is rolling out a new solution for its corporate clients. 12) that its Treasury Link solution is now live in the U.S. and will provide cash management services for such corporate customers. The financial institution (FI) announced Tuesday (Dec.

Cash Management 42

Cash Management Treasury Corporate Finance Communication 42

PYMNTS

APRIL 30, 2019

This challenge often emerges with small businesses (SMBs) that are not large enough to fit into a bank’s corporate and treasury services unit, and are, therefore, forced into being serviced with consumer-targeted products. The financial services space often encounters the conundrum of trying to fit a square peg in a round hole.

Corporate Finance 61

Corporate Finance Accounts Payable Finance Invoicing 61

PYMNTS

MAY 30, 2016

Rising corporate finance metrics don’t always mean good news. Find out which figures led to good growth — like digital corporate payments increases or a rise in SME hedging practices — and which signal bad news for corporate FinServ. The numbers are on the up this week! But don’t let that fool you.

Corporate Finance 40

Corporate Finance Finance Treasury Education 40

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). The companies will combine their risk analytics and hedge accounting software as well, they said. “We

Treasury 40

Treasury Compliance Foreign Exchange Risk Management 40

PYMNTS

DECEMBER 20, 2019

With more than $89 million raised, B2B FinTechs this week impressed venture capitalists (VCs) with a range of services, including small business accounting, financing, spend management and payroll. According to reports , the company has raised $5 million in seed financing from Pierre Lorinet and Fabio Blom, while MI8 also participated.

Startups 52

Startups B2B Treasury Benchmarking 52

PYMNTS

APRIL 10, 2020

Financial technology innovation has opened the doors to massive transformation of corporate finance departments. While flashy corporate FinTech is exciting, innovation efforts have rarely focused on a mainstay of corporate finance teams: the financial close process, a crucial, but continually outdated function.

Corporate Finance 87

Corporate Finance Accounts Payable Finance Treasury 87

PYMNTS

MAY 1, 2019

But the scheme faced some of its harshest attacks yet at the hands of the Corporate Finance Network, a U.K. Reports in Accountancy Daily on Monday (April 29) said the Corporate Finance Network is calling on U.K. In a statement at the time, Treasury Economic Secretary John Glen described these figures as a success.

Accounting 59

Accounting Banking Corporate Finance Treasury 59

PYMNTS

JANUARY 9, 2019

While financial services (FinServ) innovations often emerge with built-in security measures, new market trends — including faster payments and open banking — are introducing new security threats to corporate treasury departments, according to cybersecurity company BioCatch. In the case of Same Day ACH in the U.S.,

Banking 56

Banking Treasury Corporate Finance Securities 56

PYMNTS

APRIL 19, 2016

In an effort to increase the digitization of B2B billing and payments, Transactis provides financial institutions with software that allows corporate customers to switch to electronic billing, accounting and payments processes. PNC Executive Vice President for Treasury Management James G.

Startups 40

Startups B2B Treasury Invoicing 40

PYMNTS

SEPTEMBER 4, 2018

Corporates may not be adopting faster and real-time payments technologies as fast as consumers, but that doesn’t mean the acceleration of payments isn’t impacting corporate finance. For the corporate treasurer, this could mean real-time FX exposure management and the need for faster action to mitigate FX volatility risk.

Foreign Exchange 40

Foreign Exchange Banking Accounts Payable Treasury 40

PYMNTS

APRIL 1, 2016

Corporations have been chastised in recent years as floods of new data reveal the ongoing prevalence of paper checks in B2B payments. But if the financial services sector is going to actually service its corporate clients, then it must acknowledge that checks will remain in the mix — at least for the foreseeable future. “It

B2B 41

B2B Accounts Payable B2C Banking 41

PYMNTS

OCTOBER 17, 2018

” In its 2018 AFP Technology Survey , underwritten by corporate treasury management firm BELLIN , the AFP surveyed 708 corporate finance executives about their thoughts on adoption of technologies like artificial intelligence (AI) and blockchain.

Treasury 71

Treasury Corporate Finance Finance Technology 71

PYMNTS

AUGUST 8, 2019

The competition is heating up between payment technologies in accounts payable, with ACH and virtual cards seeing significant pushes in the B2B payments space to combat the dreaded paper check. There are a lot of treasury management issues out there that need to be addressed,” he told PYMNTS in a recent interview.

Accounts Payable 57

Accounts Payable Accounting B2B Reconciliations 57

PYMNTS

SEPTEMBER 20, 2018

Much of that innovation has been focused on corporate finance and payments, as top financial services players have introduced new blockchain solutions in an effort to disrupt and improve corporate payments. in blockchain development efforts.

Corporate Finance 75

Corporate Finance eCommerce Healthcare Finance 75

PYMNTS

JANUARY 21, 2020

for 12 years, where he dealt with mergers and acquisitions as well as corporate financing. Akita will work with Toshiyuki Okuyama and Masato Sato, two senior bankers, and a man named Hideki Hiramatsu, who will be in charge of treasury services. Akita previously worked at Mitsubishi UFJ Morgan Stanley Securities Co.

Treasury 52

Treasury Corporate Finance Risk Management Finance 52

PYMNTS

DECEMBER 12, 2018

Its set of application program interfaces (APIs) enable businesses to use crypto as collateral to access corporate financing products. In a statement, Co-founder of Cred and Universal Protocol Dan Schatt said the technology can be particularly applicable to the corporate finance fields.

Corporate Finance 55

Corporate Finance Accounts Payable Treasury Finance 55

PYMNTS

JANUARY 27, 2020

The AFP released its Corporate Cash Indicators (CCI) report, which surveys corporate treasury and finance professionals on a quarterly basis. The Index jumped 22 points to +31 in Q4 compared to Q3 and increased 13 points year over year. The cash stockpiling was not entirely unexpected.

Corporate Finance 52

Corporate Finance Forecasting Treasury Finance 52

PYMNTS

SEPTEMBER 29, 2017

Investment in B2B FinTech startups came through a variety of channels this week, from venture capital to growth equity. In total, backers placed $273 million across companies operating in alternative finance, treasury management, software-as-a-service (SaaS) and B2B sales tech. The B2B SaaS market is diverse.

Startups 46

Startups Securities B2B Treasury 46

PYMNTS

SEPTEMBER 16, 2019

The announcement of Mastercard Track expanding into B2B payments last week represented a significant push for B2B payments modernization by one of the industry’s giants — and followed Visa’s own push in the B2B payments modernization space through the rollout of Visa B2B Connect in June. announced last month.

B2B 54

B2B Invoicing Treasury Finance 54

PYMNTS

MAY 1, 2019

Corporate treasury technology company HighRadius is rolling out a new cash flow forecasting solution developed using artificial intelligence (AI) technology.

Forecasting 40

Forecasting Cash Flow Forecasting Treasury Accounts Payable 40

PYMNTS

OCTOBER 29, 2018

Amid the flurry of B2B FinTech innovation aiming to transform organizations’ back offices, there is often one common threat within the disruption: the need for previously siloed, disconnected systems and processes to integrate with each other, offering a streamlined, holistic view of the enterprise.

CFO 58

CFO Corporate Finance Finance Risk Management 58

PYMNTS

JULY 24, 2018

In one report, a survey by treasury management solutions provider Kyriba revealed that treasurers are wasting nearly 5,000 hours every year working with manual spreadsheets. “But what our numbers show, rather dramatically, is the cost of over-relying on spreadsheets to manage an entire finance function, like treasury. .

Finance 41

Finance Treasury Corporate Finance Forecasting 41

PYMNTS

MAY 22, 2017

Wells said Friday (May 19) that it is adding features to Receivables Manager, an accounts receivable service for its corporate treasury clients. The tools aim to reduce paper in corporate finance operations, Wells explained, and nix manual remittance and data entry.

Accounting 40

Accounting Treasury Corporate Finance Cash Management 40

PYMNTS

JUNE 15, 2016

According to new research from Capital One , corporate treasurers have their eyes on these changes and are looking to upgrade their current commercial card tools. Nearly half (46 percent) said their biggest priority when deciding which commercial card service provider to pick is one that can adapt to their corporation’s unique needs.

Treasury 40

Treasury Corporate Finance Finance Banking 40

PYMNTS

JULY 23, 2018

Treasury-related accounting tasks, payment fund transfers and cash flow forecasting are also top time-wasters for treasurers relying on spreadsheets. That’s more than 600 full work days that could otherwise be spent on strategic initiatives.

Cash Management 40

Cash Management Cash Flow Forecasting Treasury Corporate Finance 40

PYMNTS

MAY 5, 2016

An announcement on Wednesday (May 4) said SWIFT’s enterprise platform now has 29 new corporate members across the Asia-Pacific region. The additions were made to SWIFT’s B2B solution, SWIFT for Corporates, that provides an online platform to connect corporations and banks, streamlining financial information across borders.

Treasury 40

Treasury B2B Cost Management Banking 40

PYMNTS

MAY 22, 2018

Corporate treasurers gathered for the Association of Corporate Treasurers (ACT) annual conference last week, and there, treasury professionals made clear where their priorities stand today. According to reports in Global Finance , an estimated 1,100 corporate treasurers from across the U.K. Nearly a third (31.1

Treasury 49

Treasury Cash Management Finance Risk Management 49

PYMNTS

OCTOBER 24, 2018

Failing to overcome those hurdles holds back corporate finance operations from progressing toward greater efficiency, transparency and performance improvements, from accounting to treasury. Now, new research suggests that the digitization hurdle is also holding back the procurement function.

Risk Analysis 61

Risk Analysis Corporate Finance Treasury Technology 61

PYMNTS

JUNE 1, 2016

corporations, and with new management, comes demand for younger (read: cheaper) talent. That’s according to Jerry Mills, professional CFO and founder of B2B CFO. A new generation is taking the lead at U.S. “I felt it was a shame. “Well, through automation, which we see happening today, they have no department.

CFO 41

CFO Corporate Finance B2B Treasury 41

PYMNTS

MARCH 30, 2017

According to Graham Tasman, principal at Grant Thornton’s Business Consulting and Technology practice, this balancing act creates opportunity for service providers of the corporate finance function. Finding a solution to competing demands on the CFO presents an opportunity for innovation,” he said in a statement.

CFO 51

CFO Strategic Planning Corporate Finance Risk Management 51

PYMNTS

MAY 20, 2016

Corporate treasurers know fraud is something to keep an eye on, but amid all of the high-profile breaches and hacks over the last few years, apparently, these money managers haven’t acted — yet.

Treasury 40

Treasury Risk Management Numbers Sales 40

PYMNTS

MARCH 14, 2019

And that’s all about using technology-based services to re-engineer treasury activities.” One of the areas of corporate finance experiencing the biggest exposure to these disruptors is global payments. ” Cross-Border Payments in the Crosshairs.

Cash Management 77

Cash Management Currencies Corporate Finance Treasury 77

PYMNTS

MARCH 17, 2017

Today, Misys is gearing up for another overhaul that similarly reflects times of flux and progress in banking technology and corporate finance. That could be big news for corporates, said Singh-Jarrold, though he did explain that businesses are not looking to make the decisions on how banks should digitize and innovate.

Banking 78

Banking Treasury Corporate Finance Risk Management 78

PYMNTS

MARCH 23, 2018

The financial institution (FI) released its latest survey , “The 2017–2018 Treasury Perspectives Survey,” conducted with Strategic Treasurer, on Thursday (March 22). Forty-two percent of professionals surveyed said they believe tax reform will lead to significant economic benefits for their organizations, TD Bank said.

Banking 40

Banking Treasury Healthcare Compliance 40

PYMNTS

JUNE 13, 2016

TD Bank Head of Corporate Products and Services Rick Burke said corporate treasurers need to begin a dialogue with their banks and financial services partners to integrate adequate security controls within their corporations. Misconduct involving corporate finances, however, almost always resulted in termination.

Accounts Payable 41

Accounts Payable Corporate Finance Treasury Invoicing 41