Remove B2B Remove Reconciliations Remove Risk Management Remove Treasury
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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. Such visibility enables real-time analysis of risk exposures for more agile FX hedging and risk management.

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B2B APIs Underscore The Need For Speed

PYMNTS

There is as yet no Venmo or Zelle for the $38 trillion global business-to-business (B2B) payments sector. Contrast that with the fact that well over 40 percent of B2B invoices are still paid by paper check. Citi recently made 50 APIs available to business clients, designed to connect easily with treasury software.

B2B 52
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Why Banks Need FinTech To Address Their Own Complicated Treasuries

PYMNTS

When it comes to corporate treasury, business clients demand robust solutions and services from their banks, and FinTech players are stepping in to help. 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.

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Building A Faster, Safer Network On The Blockchain

PYMNTS

In a recent interview with PYMNTS, Behlendorf explained why he believes technologies like blockchain and distributed ledger can make B2B payments run more smoothly for businesses of all kinds. These FIs often team up to tackle risk management evaluations and other operations. A Faster Car (Payment). It could change a lot.”. .

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CFOs Pulled In More Directions At Once

PYMNTS

“The tension that the CFO is experiencing between priorities inside and outside of the finance function increases the need to streamline processes through technology, which, in turn, promotes more integration between finance, risk, treasury and operations.”. One of the largest ways it can do so is for risk management.

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How Automation Helps Treasurers Weather The FX Volatility Storm

PYMNTS

Brexit-related volatility and the subsequent fluctuation of the pound has some businesses realizing they are no longer able to put off establishing an FX risk management strategy. At the same time, however, these events also raise awareness as to the importance of currency risk management and hedging strategies.

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Adjoint CEO On Why Treasury Management Needs Blockchain

PYMNTS

One area where elimination of such processes can be of benefit is treasury management — specifically, reconciliation of transactions and liquidity management. Within that ambition, he said, “the only way to create real-time cash management or trading is to allow all parties to see the same pool of validated data.”.