Global Finance

JUNE 9, 2025

Regional Winners Most Innovative Bank in Central and Eastern Europe| AKTIF INVESTMENT BANK Aktif Investment Bank, Turkey’s largest privately owned inves tment bank, has applied AI to boost internal bank processes. The bank has also implemented AI to detect fatigue among its call-center employees.

Profit and Loss 52

Profit and Loss Cash Management SAP Reconciliations 52

Global Finance

JULY 26, 2024

African banks are empowering clients with greater access to real-time data and greater control over their cash. A fragmented regulatory environment, uneven access to financial services, a shallow pool of readily available funds, and currency controls and limitations in some African markets can lead to trapped cash.

Cash Management 52

Cash Management Treasury Reconciliations Currencies 52

PYMNTS

DECEMBER 30, 2020

As treasury management becomes increasingly digital, a bank’s corporate banking clients face challenges when it comes to modernizing treasury workflows. Embedding banking into ERP systems has been a hot topic as of late — although the buzz surrounding it has been years in the making. Many-To-Many Markets .

Banking 97

Banking Accounts Payable Treasury Reconciliations 97

Future CFO

JUNE 1, 2025

Companies increasingly adopt digital tools to improve cash flow forecasting, automate reconciliation, and manage liquidity more effectively," he adds. Kamra highlights fintech innovations that enable real-time payments, automated reconciliation, and predictive analytics for dynamic risk management.

Economics 59

Economics Mergers and Acquisitions (M&A) Treasury Cash Flow Forecasting 59

Global Finance

JULY 26, 2024

Partnering with banks for expertise and resources to hold on to the competitive edge. Partnering with banks can help treasurers access the best tools, expertise, and resources needed to stay competitive. Citi is a double winner, as Best Bank for Cash Management and for Best Corporate Cross-Border Payments Solution.

Cash Management 52

Cash Management Treasury Restructuring Reconciliations 52

PYMNTS

DECEMBER 2, 2020

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.

Cash Management 57

Cash Management B2B Foreign Exchange Banking 57

PYMNTS

OCTOBER 4, 2017

Payments software firm B2 Group is rolling out a mobile cash management solution for the corporate treasurer. 3) that it is rolling out its Mobile Cash Management (MCM) service, a tool that comes with a mobile app for smartphones and tablets. The company announced news on Tuesday (Oct.

Cash Management 40

Cash Management Reconciliations Banking Finance 40

PYMNTS

AUGUST 3, 2020

It’s one factor in why so few challenger banks have launched in the country compared to markets like the U.K., where challenger banking has flourished in recent years. has been nowhere near other markets like Japan and Switzerland in embracing digital assets within the banking arena, though it’s not necessarily a surprise.

Treasury 117

Treasury Currencies Invoicing Cash Management 117

PYMNTS

NOVEMBER 23, 2020

Indeed, according to Fiskl CEO and Founder Alina Lapusneanu , entrepreneurs are searching for solutions that can multitask, and embrace a wide range of functionality to tackle more pain points around banking, payments and cash management — all at once. All About Cash Flow. A Mobile-First Strategy.

Finance 106

Finance Invoicing Cash Management Reconciliations 106

PYMNTS

FEBRUARY 1, 2021

In a recent interview with PYMNTS, Hagan discussed how businesses are integrating their back-end systems with bank platforms to bring greater efficiency to their processes. . Reconciliation Challenges. That information is then easy to process for generating insights and informing cash management decisions. .

Accounts Payable 93

Accounts Payable Reconciliations Invoicing Banking 93

Global Finance

MAY 1, 2025

The strategic and operational aim of the IFIs is to increase digitalization to drive efficiency, gain new customersparticularly at the higher end of retail and commercial bankingand raise competitiveness in challenging banking markets. In addition, wealth management activities have become increasingly important.

Finance 83

Finance Banking Retail Investments 83

Global Finance

SEPTEMBER 9, 2024

And while the latest tools of the trade—artificial intelligence (AI) and machine learning (ML)—promise to make tasks such as liquidity forecasting, cash management, and risk management easier, they come with their own complications and tie the treasury team even more closely into management’s strategic planning.

Treasury 97

Treasury Cash Flow Forecasting Forecasting Cash Management 97

PYMNTS

MARCH 18, 2020

As Biegel explained, a lack of data standardization across payment tools remains a challenge to the reconciliation and cash application process, even when that data is electronic. The lockbox offers an important step toward digitizing data in check transactions, which is key to reconciliation and cash application processes.

Reconciliations 80

Reconciliations Invoicing Communication B2B 80

PYMNTS

AUGUST 1, 2019

A press release issued Wednesday (July 31) said ISO 20022 has the potential to promote efficiency in the correspondent banking community and modernize cross-border transactions. “Adoption of ISO 20022 will continue the transformation of correspondent banking already ongoing,” SWIFT said in its announcement.

Reconciliations 76

Reconciliations Cash Management Invoicing Banking 76

PYMNTS

FEBRUARY 1, 2021

Rather, Sinha explained, corporate treasurers and CFOs today are grappling with evolving business models and transforming cash management strategies. But the digital transformation goes far beyond adopting electronic payments or automating invoicing. The Transformative Power Of Data. he explained.

B2B 94

B2B Treasury Accounts Payable Cash Management 94

PYMNTS

JULY 10, 2019

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. Open Banking. While Canada has not yet enacted open banking regulatory requirements, much like the U.S.,

B2B 62

B2B Accounts Payable Mergers and Acquisitions (M&A) Reconciliations 62

PYMNTS

OCTOBER 6, 2016

The bank revealed on Wednesday (Oct. 5) that more than $100 billion has now passed through its mobile corporate payments platform throughout the globe, just five years after the launch of the HSBCnet mobile corporate banking system. million transactions made over the platform since its 2011 launch.

Foreign Exchange 63

Foreign Exchange Cash Management Reconciliations B2B 63

Simply Treasury

JUNE 3, 2021

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. automatic reconciliation, Straight Through Processing / STP, use of mass data, etc.).

Cash Flow Forecasting 130

Cash Flow Forecasting Treasury Forecasting Foreign Exchange 130

PYMNTS

OCTOBER 2, 2019

With ongoing shifts in payments, commerce, security and transparency, corporate cash managers have a lot on their plates. The introduction of something market-wide into the world’s largest economy, one that has more than 10,000 banks, is no small undertaking,” Kohli said. Security is also top of mind.

Cash Management 63

Cash Management Reconciliations Treasury B2C 63

PYMNTS

APRIL 14, 2020

In an interview with Karen Webster, Sairam Rangachari, global head of Digital Channels and Open Banking, Wholesale Payments at JPMorgan , said treasurers seeking to gain visibility into cash management can find application programming interfaces (APIs) to be a useful (and even critical) tool. Age And Complexity.

Cash Flow Forecasting 92

Cash Flow Forecasting Treasury Foreign Exchange Benchmarking 92

PYMNTS

JANUARY 29, 2020

Despite its rising popularity, open banking and data sharing frameworks were not necessarily opportunities toward which banks initially jumped. Gradually, however, traditional FIs are increasingly acknowledging the value in open banking. P2P transactional processing is not part of a bank’s DNA,” said Cichy.

Banking 52

Banking Accounts Payable Vendor Management Reconciliations 52

PYMNTS

JULY 22, 2020

Organizations like banks are notoriously averse to change, and that’s a difficult form of inertia to overcome. “Changing the way human interactions are made and changing behaviors in terms of how liquidity is managed.” “That’s where the true complexity is.” ” Becoming More Adaptive. In the U.S.,

Reconciliations 90

Reconciliations B2B Cash Management Technology 90

PYMNTS

FEBRUARY 1, 2021

Although the purpose of digitization in the finance department is, in many cases, to strengthen cash management, the effect of so many siloed systems can actually be quite different. As Berghald explained, that’s because each critical function — from invoicing to payment to accounting — all occur separately from each other.

Finance 82

Finance Invoicing Reconciliations Prioritization 82

PYMNTS

NOVEMBER 4, 2016

In B2B payments, that can mean discontent in the way traditional banks and FIs do business or a need for disruptive technologies to come to market faster than banks can offer. But, as Moore explained, these types of collaborations are critical to the banks, too. But this use case can easily be applied to other industries, too.

Treasury 79

Treasury B2B Leverage Reconciliations 79

CFO Simplified

NOVEMBER 21, 2022

What is Petty Cash? Petty cash is a small amount of cash that businesses keep on hand for small, routine purchases. This cash is typically kept in a petty cash fund, which is a designated bank account or drawer that is used specifically for petty cash expenditures. Takeaways from Larry.

General Ledger 98

General Ledger Reconciliations CFO Accounting 98

PYMNTS

JANUARY 26, 2017

Blockchain, said Finlync, “will bring parties such as the buyer, seller, buyer’s bank [and] seller’s bank onto the same value chain,” which enables real-time transmission and analysis of data between these players. For this to work,” the firm continued, “the buyer and seller must be an active part of this value chain.

SAP 57

SAP Invoicing B2B Reconciliations 57

Future CFO

APRIL 7, 2022

“It’s more than just streamlining financial processes and cash management, it’s seeing the bigger picture of how it can generate growth,” says Jenji’s Leong. This difference also makes payment reconciliation more complicated from an accounting standpoint (e.g., banking fees). banking fees).

Finance 98

Finance SAP Cash Management Invoicing 98

CFO Leadership

MARCH 31, 2022

A professional cash management solution can help to overcome these challenges. In the dark about global cash? Hit hard by their company’s growth, Treasurers often lose sight of their global cash. Get an overview of your company’s bank accounts and centralize bank account administration. You’re not alone!

Treasury 52

Treasury Cash Management Currencies Reconciliations 52

PYMNTS

OCTOBER 17, 2017

17), Visa said it is tackling that issue through a new partnership with accounts receivable (AR) and cash management company Billtrust. In an announcement on Tuesday (Oct. Billtrust has deep expertise in addressing the pain points that suppliers and merchants have within B2B,” said Taira Hall, vice president, U.S.

Reconciliations 47

Reconciliations Accounts Payable B2B Cash Management 47

Global Finance

JULY 24, 2024

Africa— Rand Merchant Bank On the African continent, Rand Merchant Bank (RMB) strives to exceed the expectations of its clients by combining high levels of service with an exceptional technological platform to deliver effective sub-custody solutions covering all elements of trade transactions, as well as reporting and analytics.

Banking 52

Banking Foreign Exchange Risk Management Leverage 52

Global Finance

JULY 24, 2024

Africa— Rand Merchant Bank On the African continent, Rand Merchant Bank (RMB) strives to exceed the expectations of its clients by combining high levels of service with an exceptional technological platform to deliver effective sub-custody solutions covering all elements of trade transactions, as well as reporting and analytics.

Banking 52

Banking Foreign Exchange Risk Management Leverage 52

PYMNTS

AUGUST 25, 2016

ING Wholesale Banking has announced a new solution aimed at corporate treasurers in need of managing cash across borders. Dubbed Virtual Cash Management (VCM), the solution, announced on Wednesday (Aug. The Virtual Cash Management tool is ING’s effort to guide treasurers into this new role, it said.

Treasury 40

Treasury Concentration Cash Management Reconciliations 40

PYMNTS

OCTOBER 22, 2019

Santander Bank is launching a new payments solution for its corporate clients to enhance their global payment operations. 21) that it is rolling out the Santander Cash Nexus solution for commercial banking and corporate and investment banking clients across North America.

Treasury 40

Treasury Reconciliations Cash Management Banking 40

PYMNTS

MARCH 2, 2020

According to Alex Reddish, chief commercial officer at Tribe Payments , that has led to the persistence of friction that has plagued the corporate cash management arena for decades. “In It requires the technological collaboration of multiple parties, including the sender, receiver, banks and payment rail networks.

Accounting 56

Accounting Reconciliations Profit and Loss B2B 56

PYMNTS

DECEMBER 5, 2019

Staff spend too much time and effort on managing payments, expense claims, reimbursements, approvals, accounting and internal front- and back-end processing,” he said, adding that a “lack of control” is also a major pain point, with managers often lacking real-time, streamlined visibility into who is spending company money, how and with whom.

Accounts Payable 52

Accounts Payable B2B Problem Solving Nonprofit 52

PYMNTS

APRIL 3, 2020

Not only do businesses struggle to manually process payments, but reconciliation across payment rails is also a headache as each banking and payment provider presents information in different ways. “Each bank has a different way of presenting information back to you,” he explained.

Accounts Payable 52

Accounts Payable Reconciliations Compliance Invoicing 52

PYMNTS

DECEMBER 30, 2016

Andy Brown, Marketing Director of Payments, NCR : “One challenge that will gradually be overcome in 2017 with the move to ISO 20022 is the availability of information with the payment transaction that will make reconciliation much easier. Banks will publish APIs that allow access to bank information and to execute payments.

B2B 50

B2B Reconciliations eCommerce Banking 50