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Today In B2B: Sage Collabs On Cash Management, Aareal Bank Debuts B2B Payments Platform

PYMNTS

Today in B2B payments, Amazon takes advantage of cloud adoption with expanded call center functionality, while Sage collaborates on small business cash flow management. Meanwhile, Aareal Bank launches a new B2B payments platform, Cobase teams up for FX and eCapital acquires a commercial lender. 1) announcement.

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Treasurers Beware: FX Risk Is Not What It Used To Be

PYMNTS

Globalization and easing barriers to international expansion aren’t simply changing the way corporates manage foreign exchange exposure. While organizations now realizing that ignoring FX management is no longer an option, they continue to face unexpected challenges beyond the financial impact of bank fees and conversion rates.

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FinTech/API Efforts Gain Ground in Europe

PYMNTS

Open banking has opened the path toward a number of banking/FinTech and digital partnerships leveraging APIs to speed innovations. The companies said that the pact lets Horde gain access — through a single point — to the API network offered via Neonomics, with data across 1,300 banks.

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EACT SURVEY 2021

Simply Treasury

Major priorities over the next one to two years: We are not surprised that Cash-Flow Forecasting comes out on top when the COVID crisis has been hitting us for the past year. API’s have shown the use banks and corporates can make out of them. Robotics and RPA’s are an intermediary steps to automation, which explains its high ranking.

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Robotics Process Automation Rakes In The VC Cash

PYMNTS

The FinTech targets friction and costs associated with foreign exchange (FX) conversion fees and volatility that corporates experience when making payments to their vendors across borders. The company makes FX rates and fees clear, and said its service is cheaper than making cross-border payments through bank providers.

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What Payments Players Had To Say About Innovating Payments In A Pandemic

PYMNTS

In our crazy banking system, you don’t actually have to prove who somebody is to put their name on a piece of paper and stick it in the mail,” he noted. That’s because paper becomes the default method of payment when something goes awry — such as when banking credentials can’t be authenticated or identity cannot be verified.

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Is B2B FinTech Heating Up At The Wrong Time?

PYMNTS

The tallies are in: Innovate Finance has calculated the state of investment in FinTech for 2015, and we have the numbers. A breakdown of venture capital investment by verticals found that, together, data and analytics, wealth management, capital markets and payments made up 25 percent of all deals in the U.K. investments last year.

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