PYMNTS

OCTOBER 23, 2020

Morgan Chase is banking on QuickAccept to edge out FinTech rivals Square and PayPal. We have deep dives on Apple Pay, cross-border invoices and J.P. JPMorgan Chase is banking on QuickAccept to edge out FinTech competitors PayPal and Square. Report: Overcoming Cross-Border Invoice Complexities. Morgan Chase’s QuickAccept.

Invoicing 59

Invoicing Healthcare Forecasting Currencies 59

PYMNTS

AUGUST 2, 2018

Accounts receivable (AR) management solutions provider Invoiced has enhanced its platform through a partnership with U.K.-based The company announced in a press release Wednesday (August 1) that its collaboration with GoCardless enables businesses to support direct debit payments when they invoice their customers.

Invoicing 40

Invoicing Accounting Reconciliations Currencies 40

PYMNTS

DECEMBER 15, 2017

Complex on so many levels, especially when it comes to payments and, more specifically, invoicing, where demands for payment are tracked through paper and electronic means. Flywire’s background in the healthcare and education space, along with its existing invoicing system, helped assist these businesses in new ways.

Invoicing 48

Invoicing Reconciliations Currencies Foreign Exchange 48

PYMNTS

SEPTEMBER 25, 2019

Cloud-based finance software Bill.com can now facilitate international payments in 106 currencies and 137 countries, the company announced in a press release on Wednesday, Sept. But businesses need a partner that can help them manage the complexities that come with processing multi-currency invoices and making payments in local currencies.

Currencies 40

Currencies Accounts Payable Valuation Invoicing 40

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

FEBRUARY 27, 2020

Small businesses continue to embrace digital banking. At the same time, digital banks are looking to capitalize on their growing small and medium-sized business (SMB) customer base, with open banking and bank-FinTech collaborations an important part of that strategy. Open Banking Drives Challenger Bank Adoption.

Banking 77

Banking Accounts Payable Invoicing Currencies 77

Future CFO

JUNE 6, 2023

Emerging financial fault lines in Asia Pacific may induce sovereigns, central banks and companies in the region to diversify the currencies in which they raise funds, invest their reserves or invoice merchandise trade, said Moody’s recently.

Currencies 52

Currencies Invoicing Finance Banking 52

PYMNTS

MARCH 20, 2017

the cloud-based treasury and working capital solutions company, announced Friday (March 18) that Pimkie chose its supply chain finance solution to manage its supplier invoice financing program. In a press release, Kyriba said Pimkie is using its reverse factoring solution to offer suppliers early payment of invoices. Kyriba Corp.,

Invoicing 40

Invoicing Treasury Currencies Finance 40

PYMNTS

APRIL 23, 2020

Business payment and accounting solutions provider Gilded said that digital currency data provider CoinMarketCap has implemented its cryptocurrency payment technology, according to an announcement. Our solution puts digital currency payments and accounting on autopilot, so businesses can focus on innovation and growth.”.

Technology 78

Technology Invoicing Currencies Leverage 78

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

Bank of the West

NOVEMBER 22, 2021

The environment, combined with technologies like Application Programming Interfaces (APIs), is pushing banks and payment service providers to evaluate their roles and to adopt a more collaborative mindset. Increasingly, banks are positioning themselves as the intermediary between customers and external producers.

Finance 98

Finance Invoicing Banking Technology 98

PYMNTS

JANUARY 13, 2020

It was a difficult week for businesses getting hit with cyberattacks, with foreign currency company Travelex among the most high-profile of recent cases. PYMNTS’ examination of recent cases finds employees falsifying invoices, doctoring checks and faking out companies to steal money from employers.

B2B 89

B2B Invoicing Currencies Construction 89

PYMNTS

JULY 13, 2016

The advent of the cloud — with its ability to be flexible and changeable at a moment’s notice, helping enterprises track the cash flow cycle as they branch out into new locales — means that tracking currencies has become a much more intuitive process. Customers run the gamut from traditional FX players to challenger banks.

Currencies 40

Currencies B2B Treasury Invoicing 40

PYMNTS

MARCH 16, 2020

Buyers will be able to pay suppliers in their own countries’ currencies with ease, according to the release. In addition, the deal will allow better reconciliation of payments with the matching invoices. It will also allow real-time payment tracking along with less inquiries about payment-related issues for suppliers.

SAP 99

SAP Foreign Exchange Reconciliations Currencies 99

PYMNTS

DECEMBER 6, 2016

Corporates offloading Chinese renminbi overseas have local banks scrambling to stunt the outflow of local currency, according to reports. For the fifth day in a row, state-run banks in China have sold dollars to counter corporate offloading of renminbi , reports said Sunday (Dec. dollar, reports noted.

Banking 60

Banking Currencies Invoicing B2B 60

PYMNTS

FEBRUARY 17, 2020

Commerce is increasingly crossing borders and currencies, digitally, affording firms of all sizes, and across all verticals, opportunities to tap into new markets. Traditionally, companies have only been able to use banks to send money to other countries, and the exchange rate and bank mark-ups are very high,” he told PYMNTS.

Currencies 92

Currencies Invoicing Banking Finance 92

PYMNTS

JANUARY 14, 2020

For payment rail innovators, that can sometimes mean exploring new ways to help traditional banks and their clients loop into existing rails in an effort to lower the barrier of accessing an array of legacy payment networks and systems. The service is developed on blockchain using stablecoin virtual currency pegged against the U.S.

Banking 53

Banking B2B Accounts Payable Currencies 53

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. percent) also said the volume of their overdue invoices has also risen in 2015. Late payments are often the topic of discussion in the U.K.,

Invoicing 40

Invoicing Credit Risk Economics Forecasting 40

PYMNTS

JUNE 11, 2020

To help middle-market firms automate each of their accounts payable (AP) procedures on one platform, MineralTree has unveiled “end-to-end” multi-currency functions. Multi-currency payments from the company’s systems are automated through the connection with the international payments system of TransferMate.

Foreign Exchange 52

Foreign Exchange Accounts Payable Invoicing Currencies 52

PYMNTS

NOVEMBER 16, 2020

Currency Conversion Headache. A B2B invoice may be issued and paid in one currency, but the recipient of those funds has to convert that money into their local currency. Across Asia, Theaud explained, invoices are often issued in U.S. Across Asia, Theaud explained, invoices are often issued in U.S.

Foreign Exchange 56

Foreign Exchange Currencies Manufacturing B2B 56

PYMNTS

NOVEMBER 6, 2019

based recurring payment services provider GoCardless , to talk about what needs to happen to promote further growth — and the role that bank debit for recurring billing can play. The idea is to work around banks that tend to have a dominant role in such international payments. Swedish and Danish currency. Global Debit Network.

Banking 40

Banking B2C B2B Invoicing 40

PYMNTS

APRIL 22, 2020

With more B2B payment technology providers turning their attention to the electronic invoice, the document has become a keystone that connects accounts payable (AP) and accounts receivable (AR) portals. Taulia Targets Supplier Invoicing Via The Buyer. Tradewind Eases Buyer-Supplier Cash Flow.

Accounts Payable 56

Accounts Payable Invoicing B2B Currencies 56

PYMNTS

JANUARY 7, 2020

Chief Economist Gita Gopinath of the International Monetary Fund (IMF) said it’s unlikely that digital currency — or a “synthetic hegemonic currency,” which is a digital basket of reserve currencies — would replace the dollar as the dominant global monetary unit, according to the Financial Times.

Currencies 53

Currencies Invoicing Technology Economics 53

PYMNTS

MAY 21, 2020

Payments made on credit also incur significant administrative burden on companies that must reconcile invoices — unless electronic invoicing is used. Cross-border payments can exacerbate points of friction, Ginesta maintained, as cross-currency payments are impacted by exchange fluctuations.

B2B 94

B2B Accounts Payable Invoicing Currencies 94

PYMNTS

DECEMBER 23, 2020

More and more of these workers want to be paid in their local currencies and they also expect these payments to be finalized swiftly. This can cause wrinkles for freelancers who want to claim funds in their local currencies, especially if the conversion costs fall to them.

Currencies 108

Currencies Invoicing Compliance Planning 108

PYMNTS

AUGUST 11, 2020

The connection enables small businesses with a Clear Books account to take invoice payments by credit and debit card, according to an announcement. Business can also see the current payment status on bills, with invoices automatically categorized as paid after clients pay them.

Accounting 65

Accounting Foreign Exchange Invoicing Currencies 65

PYMNTS

FEBRUARY 5, 2020

For the companies that pay these workers, sometimes globally and across currencies, managing accounts payable (AP) processes is quickly becoming a complex endeavor. As the traditional payroll functions recede into the background, handling huge volumes of invoices — for platforms, that can mean thousands of invoices — becomes unwieldy.

Invoicing 61

Invoicing Accounts Payable Foreign Exchange Currencies 61

PYMNTS

AUGUST 10, 2017

9) said Populous has raised more than $10 million and is now piloting its platform, which uses blockchain technology for invoice financing. Populous uses the cryptocurrency Ethereum to facilitate the sale of invoices on its online platform. Populous also uses smart contracts to enable businesses to get their unpaid invoices financed.

Startups 49

Startups Invoicing Currencies Finance 49

PYMNTS

JANUARY 20, 2021

Payments have typically been the exclusive domain of banks, card issuers and FinTechs — distinct from a product or service offering and usually requiring distinct motions for both the buyer and seller to complete a transaction. But that is changing — slowly but surely.

B2C 70

B2C B2B Currencies Invoicing 70

PYMNTS

JANUARY 21, 2021

The scalable micro-service works with architecture and application programming interfaces (APIs) that allow for any type of bank settlement to be aggregated. While it was initially developed for foreign currency payments, it can also work with eurozone (SEPA) transfers, the release stated.

B2B 87

B2B Invoicing Manufacturing Currencies 87

PYMNTS

JULY 9, 2019

The financial process automation firm has experienced an increase in international payments on its website, and has increased support to more than 70 countries and 50 unique currencies worldwide, including cryptocurrency. This will also allow businesses to see various exchange rates for hundreds of different currencies around the world.

Currencies 55

Currencies Invoicing Planning Banking 55

PYMNTS

DECEMBER 18, 2019

Gert Sylvest, co-founder of Tradeshift and GM of Tradeshift Frontiers, said of cross-border payments, “We have taken an accepted invoice and tokenized it on Ethereum. On the due day, a smart contract automatically swaps the tokenized invoice for the eMoney that is on-chain.”. We send a lot of money to China, which is pretty opaque.

B2B 53

B2B Invoicing Currencies Startups 53

PYMNTS

MAY 6, 2020

The new additions will incorporate the influence of Sage’s new acquisitions AutoEntry and CakeHR, and will add recurring invoices, bank rules and more industry coverage with CIS compliance capability. The recurring invoices and bank rules will add more automation that Sage says makes the technology flow smoother for small businesses.

Accounting 56

Accounting Invoicing Compliance Currencies 56

PYMNTS

OCTOBER 28, 2020

OpenEnvoy Launches To Provide B2B Invoice Auditing. To help businesses only pay for what they have agreed to buy, OpenEnvoy has been established to offer invoice auditing without intervention. OpenEnvoy contrasts invoices to originating proposals, purchase orders, estimates or bids. 27) announcement.

B2B 56

B2B Foreign Exchange Accounts Payable Invoicing 56

PYMNTS

DECEMBER 4, 2019

The rise in alternative small business lending players was first viewed as a competitive force against traditional financial institutions (FIs), although some legacy banks eventually embraced the new market entrants with partnerships and acquisitions to bolster their own small business lending activity. The High Street Bank Alternative.

Foreign Exchange 52

Foreign Exchange Currencies Invoicing Banking 52

PYMNTS

JULY 28, 2020

Domestic Seller Currencies. Those that do not receive their payments in local currencies must often wait longer for funds to settle in their accounts, as banks can take up to two days to make cross-currency payments available. Some marketplaces try to pay all vendors in U.S. Complying With Payments Regulations.

Marketing 63

Marketing Currencies eCommerce Compliance 63

PYMNTS

MARCH 18, 2020

With the addition of Goldman Sachs Global Payments, the AR-AP divide can be further closed even across borders, with suppliers able to accept payment in their own currency, and payers able to gain deeper visibility into the progress of a transaction as well as access more affordable and transparent fees. Western Union Targets Law Firms.

B2B 67

B2B Accounts Payable SAP Invoicing 67