PYMNTS

JUNE 25, 2020

But as David Landsberg , co-founder and CEO of Peasy , recently told PYMNTS , these programs aren’t always effective, and can sometimes create a scenario in which a supplier accepts a steep discount on an invoice without ever actually being paid. Peasy recently launched in the U.K. MineralTree Pairs For Global AP.

Invoicing 112

Invoicing Accounts Payable B2B Currencies 112

PYMNTS

JUNE 7, 2018

Most business still looked to banks, despite the fact that in the wake of the financial crisis and subsequent credit crunch, lending from banks more or less ground to a halt where SMBs were concerned. BlueVine’s only other product, invoice factoring, targets much larger businesses. Fun with Factoring and the Future.

Invoicing 49

Invoicing Data Analysis Credit Risk Risk Management 49

PYMNTS

DECEMBER 15, 2020

On top of these industry-specific challenges, the legal cannabis space faces the traditional hurdles associated with B2B payments: friction in invoice processing and payment reconciliation, cash flow management challenges, and the disconnect between when buyers want to pay and sellers want to get paid. Looping In Trade Credit.

B2B 111

B2B Accounts Payable Startups Invoicing 111

PYMNTS

MARCH 18, 2016

But as industry experts know, small businesses everywhere are being forced to deal with longer payment terms on their invoices and with corporate customers paying those bills off later. One thousand businesses responded to the Coface survey, which aimed to look at corporate credit risk mitigation, according to reports.

Invoicing 40

Invoicing Credit Risk Economics Currencies 40

PYMNTS

FEBRUARY 9, 2018

Invoice financing company MarketInvoice is enhancing its product offering through a new collaboration with Euler Hermes. Recent high-profile corporate failures reinforce the need to be increasingly aware of the risks of late or non-payment for goods and services provided on credit.”. Reports Thursday (Feb. 8) said the U.K.

Invoicing 40

Invoicing Risk Analysis Credit Risk Financial Data 40

PYMNTS

DECEMBER 2, 2020

Meanwhile, Aareal Bank launches a new B2B payments platform, Cobase teams up for FX and eCapital acquires a commercial lender. Germany's Aareal Bank Group Rolls Out B2B Payment Platform. Germany's Aareal Bank Group Rolls Out B2B Payment Platform. Sage Teams With Satago To Help SMBs Manage Cash Flow. 1) announcement. and Canada.

Cash Management 57

Cash Management B2B Foreign Exchange Banking 57

PYMNTS

DECEMBER 22, 2020

For instance, AI-powered processing tools can allow an accounts payable department to process vendor invoices more quickly and accurately, enabling faster payment. Suppliers, meanwhile, can receive payment via bank transfer. Legal Cannabis Steps Into The World Of Trade Credit. Boost Gives Suppliers A Voice In Card Acceptance.

Accounts Payable 79

Accounts Payable B2B Invoicing Accounting 79

PYMNTS

OCTOBER 20, 2016

The credit management platform automates aspects of customer credit management, from credit approval, to online ordering, to invoicing and collections. “We We work with third-party banks to underwrite all orders placed on terms so sellers are paid out within 24 hours and take zero credit risk,” said Noble. “We

B2B 73

B2B Startups Credit Risk eCommerce 73

PYMNTS

JUNE 6, 2018

Most business still looked to banks – despite the fact that in the wake of the Financial Crisis and subsequent credit crunch lending from banks more or less ground to a halt where SMBs were concerned. Blue Vine’s only other product, invoice factoring, touch businesses much larger.

Invoicing 40

Invoicing Data Analysis Credit Risk Risk Management 40

PYMNTS

DECEMBER 28, 2020

Yet the current trade credit landscape comes with significant challenges, especially for the supplier, with Floate pointing to the requirement for vendors to take on the financial risk until after an invoice is actually paid. But as B2B FinTech continues to evolve, new payment workflows will surface to address these issues.

B2B 81

B2B Invoicing B2C Reconciliations 81

PYMNTS

JUNE 23, 2017

The companies said Thursday (June 22) that they are partnering to enhance credit risk solutions for lenders, with LexisNexis now integrating Cortera data into its Risk Solutions platform.

B2B 54

B2B Invoicing Credit Risk Transportation 54

PYMNTS

DECEMBER 21, 2020

Through invoice integration, the service boasts improvements to savings and offers a compliance audit feature that can help vendors cut spending. Serent’s focus has been on companies selling what he calls "picks and shovels" into FinTechs, lenders and other constituents instead of investing directly into banks and lenders.

B2B 79

B2B Healthcare Investments Credit Risk 79

PYMNTS

APRIL 19, 2016

Late B2B payments may be a hot topic focused in western Europe, but with supply chains weaving their webs across borders, delayed invoice payments are now impacting businesses beyond the region. percent of respondents reported domestic B2B invoices being paid late over the last year.

Banking 40

Banking B2B Invoicing Credit Risk 40

PYMNTS

NOVEMBER 30, 2018

“As a merchant service provider you need to verify if the merchant is who they say they are, are they in your acceptable use category, can you support their merchant codes, will they deliver as advertised and do you understand your credit risk exposure. Same as always.”. Capturing The Power Of Context.

Risk Management 65

Risk Management Invoicing Credit Risk Compliance 65

PYMNTS

SEPTEMBER 27, 2019

No paper checks or invoices, no physical delivery constraints — one might assume it’s a much faster payments environment. Bank loans exist, of course, but app creators face the same difficulty most small to medium-size businesses (SMBs) face when they walk through a bank’s doors.

Invoicing 65

Invoicing Advertising Credit Risk Leverage 65

PYMNTS

JANUARY 10, 2017

HDFC ERGO, India’s third-largest non-life insurance company and a joint venture between bank HDFC and insurance conglomerate ERGO, has introduced a new insurance product for B2B suppliers. Trade Credit Insurance will provide a safety net for supplier to do business with peace of mind,” the executive continued.

Credit Risk 40

Credit Risk B2B Invoicing Sales 40

PYMNTS

MAY 4, 2018

have brought attention to the nation’s plight against late supplier payments, but a new report from Euler Hermes warns this is a global issue — one that is worsening and raising the insolvency risk. In China, suppliers wait an average of 92 days for invoices to get paid. Regulators and analysts in the U.K.

Invoicing 43

Invoicing Credit Risk Sales Finance 43

PYMNTS

JULY 11, 2017

The International Chamber of Commerce Banking Commission recently released a report that found an imbalance between supply and demand of trade finance services. Indeed, banks must tread carefully in the world of trade finance, and with such little room for error and financial losses, risk management is critical.

Finance 43

Finance Invoicing Profit and Loss Credit Risk 43

PYMNTS

JANUARY 26, 2018

uses artificial intelligence to facilitate faster B2B payments, enabling large corporate buyers to pay their small business (SMB) suppliers on the day an invoice is received. Capital Match operates a digital invoicing platform and helps small businesses with credit risk and financing linked to SMB invoices.

B2B 54

B2B Invoicing Startups Finance 54

PYMNTS

JANUARY 25, 2019

For those firms seeking access to credit, lenders will often start with the SMB principal’s FICO score or tax returns from the past few years, which can be an inefficient barometer of credit risk. Fundbox Pay, extended into checkout , he said, offers a “turnkey way … to offer credit.”

B2B 63

B2B B2C Credit Risk eCommerce 63

Future CFO

MARCH 20, 2023

Such trends in payment behaviours would lead to higher liquidity risk in the system. Overall, 17% of companies worldwide are paid after 90 days while suppliers’ role as the invisible bank is coming back in full force. Just in time to just in case.

Credit Risk 52

Credit Risk Transportation Invoicing Economics 52

PYMNTS

NOVEMBER 15, 2017

PPRO Group, the cross-border ePayment company, and the European bank Klarna announced Wednesday (Nov. 15) a partnership that will enable payment service providers (PSPs) to offer credit-based payments to European merchants through PPRO’ s payment hub.

Credit Risk 40

Credit Risk Invoicing eCommerce Retail 40

PYMNTS

MAY 1, 2019

trillion trade credit gap to the continued reliance on paper trade documents and invoices, often the first hurdle that must be tackled is how to find the right corporate customers. That’s where connecting banks with key trade information comes into play, he said. Robert Pelletier, who is the chief representative, U.S.

Foreign Exchange 55

Foreign Exchange Finance Credit Risk B2B 55

PYMNTS

JUNE 11, 2020

Preserving firms’ existing banking relationships and collaborating with FinTechs to ensure back-office integrations with enterprise resource planning (ERP) systems and other third-party platforms are important parts of this process, but keeping an eye on vendor relationships is also key. Xero, Transferwise Team For SMB Cash Flow.

B2B 52

B2B Accounts Payable Cash Flow Forecasting Reconciliations 52

PYMNTS

AUGUST 4, 2016

“This is transforming the credit risk analysis process. Instead of a market threatened by regulation, Rabie and Bertoli still view the Australian sector as one that provides a crucial service to SMEs that is currently lacking among traditional bank offerings. Australian businesses wait an average of 26.4

Invoicing 40

Invoicing Finance Risk Analysis Credit Risk 40

PYMNTS

JULY 28, 2017

Even though the short same-day ACH settlement windows will reduce credit risk, financial institutions will likely want to continue putting businesses through a full ACH underwriting process,” wrote MineralTree CEO BC Krishna in an article in 2015 for American Banker on the potential impact of Same Day ACH on B2B payments.

B2B 41

B2B Invoicing Credit Risk Accounting 41

The Finance Weekly

NOVEMBER 20, 2023

A notable example is the Bank of America, which employs AI to maintain the integrity of transactions and combat fraud. By scrutinizing various data points such as payment history and IP addresses, the bank swiftly , identifies anomalies. This helps collection teams take proactive steps to collect payments before they become overdue.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Cash Flow Forecasting Forecasting 52

Trade Credit & Liquidity Management

APRIL 25, 2025

Trade credit is a major source of capital for businesses buying from other firms in the United States. Recently, banks have significantly tightened borrowing requirements. This has increased reliance, by both the seller and the buyer, on trade credit terms for the working capital needed to operate their businesses successfully.

Sales 52

Sales Profit and Loss Communication Credit Risk 52

PYMNTS

OCTOBER 4, 2019

India’s FinBox landed an undisclosed amount of pre-Series A funding, reports in Inc42 said this week, with investors at Arali Ventures leading the investment in the credit risk management technology startup. Australia’s ANZ Bank led a $1.56 Australia’s ANZ Bank led a $1.56 ForwardLine Financial.

B2B 51

B2B eCommerce Startups Foreign Exchange 51

PYMNTS

APRIL 10, 2018

According to the People’s Bank of China, small businesses accounted for about a third of all outstanding loans in the country as of April of last year. Forty percent of respondents admitted that they use no credit management tools to mitigate credit risks.”.

Economics 49

Economics Risk Management Credit Risk B2B 49