PYMNTS

JULY 21, 2017

Small business accounting and cash management took home the gold this week, with two startups raising a collective $93 million in funding. In total, businesses secured more than $145 million in venture capital (VC) across the U.S., Receipt Bank. Awake Security. Canada and India. based Karmic has raised $17.2

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Cash Management Startups Invoicing Accounts Payable 40

Strategic Treasurer

FEBRUARY 6, 2023

Episode 239 From Chaos to Clarity: Strategies for Smooth Bank Integration When it comes to treasury operations, cash is still king. Holistic cash visibility is a critical differentiator for companies.

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Treasury Banking Cash Management Compliance 52

CFO Simplified

AUGUST 22, 2022

Business owners should also evaluate their banking relationship, as this can have a profound impact on their ability to execute that strategic plan. Banks play an important role by providing working capital, equipment financing, and real estate acquisition financing, which helps continue driving economic growth. Relationship Managers.

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Banking Strategic Planning CFO Treasury 98

PYMNTS

JANUARY 15, 2019

Based in Manchester, AccessPay provides a digital platform for payments, cash management and treasury operations by integrating businesses’ back-end operations with their banks. Beringea, True Ventures and Route 66 provided $11.6 The funds will be used to more than double its current headcount of about 50, reports said.

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Securities Treasury Cash Management B2B 57

Strategic Treasurer

OCTOBER 14, 2022

Building a 360-Degree Treasury: Payments and Bank Information. That includes all locations, not just primary banks. This is the first step in building an effective cash forecast. Poor payment workflows, security, compliance, and sanctions make it all the more difficult. November 3 | 11:00 AM EDT. Register Now.

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Treasury Banking Forecasting Cash Management 52

PYMNTS

OCTOBER 1, 2020

The pandemic has exposed the pain points of all verticals when it comes to payments, and especially when it comes to transacting in person, in a tactile environment, with cash, and where banking conduits are limited. Banks have been inching into the space; cash still remains a hallmark.

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B2B Banking Nonprofit Cash Management 108

PYMNTS

DECEMBER 3, 2020

For all of the innovation that's occurred in the banking landscape, it's often consumers – not corporates – that benefit from the latest technologies. When you look at retail banking, there have been a couple of newcomers in the market in recent years who come in with shiny, new apps," he said. "So The Drive To Upgrade.

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Banking B2B Cash Management Technology 105

PYMNTS

JANUARY 17, 2017

France-based Qonto, which aims to disrupt the corporate banking industry, has raised new funds for its goals. 16) said Qonto secured $1.7 million from Valar Ventures and Alven Capital, a sign of support for the startup’s corporate banking solution. Reports Monday (Jan.

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Future CFO

JULY 17, 2023

The more scenarios considered and the higher the cash forecast frequency, the more prepared an organisation will be. The result is superior operational cash management, ROI, and confidence in paying down debt and traversing whatever conditions come next. 2) Utilise advanced liquidity management techniques.

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Treasury Forecasting Cash Management Concentration 98

PYMNTS

JUNE 21, 2020

That will allow businesses to eliminate the cumbersome old ways, which required them to sign onto their bank accounts to set up a direct debit instruction and then wait several days before it was ready. Yvonne Yiu , head of global liquidity and cash management with HSBC, said the simplicity makes a difference for the customer.

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B2B Cash Management eCommerce Securities 143

Future CFO

FEBRUARY 13, 2023

Having an experienced succession of crises since the beginning of 2020, FutureCFO asked two finance leaders their views on the challenges facing treasury and cash management during the pandemic and coming out of it. What is the biggest change to the Treasury and Cash Management (TCM) function brought about by the pandemic?

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Treasury Cash Management Restructuring Accounts Payable 98

PYMNTS

DECEMBER 27, 2018

Open banking, bank APIs and data sharing flourished in 2018, with small business and corporate financial services squarely in the path of this financial services trend as banks and FinTechs consider new ways to enhance business payments, accounting, treasury and financial management. Read what he had to say below.

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Banking Treasury Cash Management Accounting 76

PYMNTS

OCTOBER 26, 2020

BPCL has teamed with Fino Payments Bank in order to provide digitized card refills for fleet drivers in India, according to a report from The Hindu BusinessLine. But with the partnership, digitized cash in the form of prepaid cards will be available, letting drivers make payments for fuel at BCPL outlets. In the U.S., million drivers.

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Banking Transportation Cash Management eCommerce 73

PYMNTS

DECEMBER 13, 2018

As the corporate treasurer takes on a more strategic role in the enterprise, treasury and cash management technologies can often be stuck in the past, failing to keep up with financial execs’ needs. Open banking is not a regulatory requirement in the U.S., Even so, Turner said U.S.

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Treasury Banking Cash Management Accounts Payable 62

PYMNTS

JUNE 10, 2020

Bank features will allow freight carriers new B2B payment options such as a new dashboard for better receivables visibility and a way to pay invoices much quicker, according to a June 10 press release. Bank says will expedite things for carriers who work under the typical 45- to 90-day contract pay terms.

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Invoicing Banking Cash Management Auditing 52

PYMNTS

SEPTEMBER 9, 2019

David Watson, the former managing director and head of cash management for Deutsche Bank in the Americas, as well as the head of global digital cash products, has joined SWIFT as the new strategic relationship director in North America, according to a release.

Banking 71

Banking Cash Management Compliance Finance 71

PYMNTS

FEBRUARY 13, 2017

Standard Chartered is hoping to fuel innovation by giving developers access to banking technology. The bank announced late last week that it is rolling out the Open Banking API Developer Portal that will enable developers to play around with banking technologies, first with a focus on transaction banking and cash management.

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Banking Cash Management Technology Accounting 76

PYMNTS

NOVEMBER 24, 2020

Bank is shifting away from screen scraping in favor of direct data connectivity, but it's not the only financial institution (FI) embracing the data strategy. Bank Nixes Screen Scraping With Akoya. Visa Links With Codat For SMB Bank Data Sharing. Atom Bank Links With Codat, Too. An announcement stated that U.S.

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Banking B2B Financial Data Cash Management 60

PYMNTS

MARCH 4, 2020

Business to business (B2B) application programming interfaces (APIs) are helping smooth the flow of data between companies, including businesses and their financial services software as well as between banks and their corporate clients. Other banking integrations seek to revamp B2B payments. Read the full story in the Tracker.

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Treasury B2B Cash Management Leverage 96

PYMNTS

JUNE 23, 2020

The Clearing House’s RTP finds expansion within the community bank arena, while abroad, the Bank of Thailand is planning its own infrastructure development to accelerate B2B payments. RTP Gains Community Bank Traction. Bank Of Thailand Readies New Infrastructure. In the U.S.,

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Cash Management Currencies Banking B2B 106

PYMNTS

NOVEMBER 26, 2019

TAB Bank is acquiring BAMFi’s BAM Capital Division in a $46 million deal, TAB announced on Tuesday (Nov. As part of the acquisition, BAM’s office in Dallas, Texas will be retained by TAB Bank , including both operations and staff. This is the digital bank’s fourth acquisition of a working capital loan portfolio.

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Banking Transportation Construction Treasury 52

PYMNTS

OCTOBER 23, 2018

Open Banking regulations have gotten FinTech innovators’ brains churning over how to take advantage of the troves of data that traditional banks have typically kept locked away. With regulations like PSD2 and Open Banking emerging as ways to boost financial services competition, the bank-FinTech relationship has taken center stage.

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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. This is a classic build-versus-buy decision,” he told PYMNTS.

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Banking Accounts Payable Vendor Management Reconciliations 52

PYMNTS

FEBRUARY 12, 2018

Transaction banking products provider Intellect Global Transaction Banking (iGTB) and cloud-based software solutions firm Pivotal are partnering to enhance corporate banking technology for businesses in the U.S. in particular, allowing us to deliver one of the most sophisticated corporate banking platforms on the market.”.

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Banking Cash Management Securities Technology 63

PYMNTS

AUGUST 24, 2018

based Axiom Bank is expanding its business lending capabilities through the acquisition of Allied Affiliated Funding , reports said Thursday (Aug. The acquisition will also bridge Allied’s existing customers to the banking and cash management offerings of Axiom, the companies said.

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Banking Invoicing Manufacturing Construction 54

PYMNTS

JULY 10, 2018

Mastercard and EU FinTech Strands are collaborating on a cash management and corporate payments platform for banks, designed to address small business (SMB) needs. AI and machine learning technology will be able to help predict cash flow, expenses and balances. “You wouldn’t normally hear a bank say this.

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Banking Accounts Payable Cash Management Budgeting 47

PYMNTS

SEPTEMBER 10, 2019

’s challenger banking sector shows no signs of slowing down as its next entrant, Allica, is cleared for launch. 9) said Allica has secured its banking license by the Prudential Regulation Authority (PRA), allowing the company to launch banking operations under regulation of the PRA as well as the Financial Conduct Authority (FCA).

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Banking Cash Management Finance Securities 40

PYMNTS

OCTOBER 10, 2017

Token was founded in 2015 as an open banking platform allowing a global ecosystem of banks, bank customers and developers to move money and information securely worldwide, instantly and without friction. They also reduce transaction costs for merchants as banks have lower fees. “We Volante Technologies Inc. ,

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Banking Treasury Cash Management Securities 47

PYMNTS

OCTOBER 21, 2016

Banks may not like it, but the demand is here for faster payments — from businesses, consumers and regulators alike. The legislation includes mandates for capital holdings, indemnity insurance, payment data access, security and, of course, access to faster payments. 13, 2018, to implement PSD2 into their own national legislations.

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Banking Compliance Cash Management Securities 77

PYMNTS

DECEMBER 29, 2020

In this week's roundup of bank-FinTech collaboration and open banking initiatives, Citi embraces the unlocking of account data to third-party FinTechs, while WEX weighs in on opportunity for banks to take advantage of partnerships. Plus, one FinTech offers a new spin on the open banking model to drive financial inclusion.

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Cash Flow Forecasting B2B Startups Financial Data 123

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.

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PYMNTS

MARCH 14, 2017

FinTech Autobooks announced new funding to support its SMB banking solutions. Reports Monday (March 13) said Autobooks secured $5.5 The company provides online banking platforms with small business solutions to help FIs better service their SMB clients. million in Series A financing led by Draper Triangle.

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Banking Cash Management Finance Securities 49

PYMNTS

OCTOBER 14, 2020

The head of the country’s only licensed and publicly traded cryptocurrency broker says tighter regulation and exponentially higher yields are causing corporate treasury and cash management accounts to seriously consider this alternative asset class. This in the wake of the OCC’s Sept. Ehrlich said stablecoins, including the U.S.

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Treasury Currencies Benchmarking Cash Management 129

Future CFO

DECEMBER 11, 2023

In the US, the US Federal Reserve is set to introduce to the local market FedNow – an instant payment solution that will enable customers of participating banks and credit unions to instantly send and receive money transfers outside of traditional banking hours. Banks are now into the development of mobile platforms,” Austria added.

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Banking Finance CFO Leverage 98

Future CFO

NOVEMBER 20, 2023

Organisation leaders need to keep an eye out for cash management and treasury management for the optimisation of their financial resources and effective management of financial risks. They are supported by other treasury centres in Jakarta, Guangzhou, Beijing, and Sao Paulo where RGE’s Cash Managers are located.

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Cash Management Treasury SAP Communication 52

PYMNTS

SEPTEMBER 22, 2016

Know Your Customer regulations can mean corporations have to wait as long as three months — yes, months — to get onboarded to a new bank. “When we look at where the market is moving, clients expect to transact globally and to trade globally, to have a cash management account in Hong Kong and an FX trading accounting the U.K.

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Banking Compliance Prioritization Auditing 75

PYMNTS

OCTOBER 25, 2017

Countingup , a FinTech that aims to combine and streamline corporate banking and accounting for small- and medium-sized businesses (SMBs), secured fresh funding this week, according to news from TechCrunch. Your bank surprises you with hidden fees and you’ve probably lost faith in their customer service. later this year. “If

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Accounting Banking Invoicing Construction 44