PYMNTS

SEPTEMBER 19, 2018

The treasury management unit of PNC Bank is joining RippleNet, the firm said on Wednesday (Sept. PNC Treasury Management joined the Ripple cross-border payments network that uses blockchain to facilitate global transactions.

Treasury 77

Treasury B2B Invoicing Banking 77

PYMNTS

JULY 7, 2020

For more community banks, the latter strategy can fast-track digitization initiatives. This week’s look at the latest bank-FinTech tie-ups shows Banking-as-a-Service and other FinTech players embracing smaller regional and community banks to elevate small- to medium-sized business (SMBs) and corporate banking offerings.

Banking 96

Banking Accounts Payable Treasury Finance 96

PYMNTS

MARCH 3, 2020

As part of a broader effort to bring the newest innovations to its operations, the National Bank of Fujairah PJSC (NBF) has teamed with blockchain firm Ripple to enable cross-border payments via the RippleNet platform. The technology allows the bank to tap into Ripple ’s cross-border network and improve its user experience.

Banking 100

Banking Treasury Invoicing Leverage 100

PYMNTS

FEBRUARY 28, 2020

Purchase, invoice and transaction data are invaluable to the journey of digitization and automation, but organizations are increasingly recognizing that the value can only be realized if that data can integrate seamlessly across platforms. Going Further With Open Banking. Cichy said he sees the opposite happening today, though.

Accounts Payable 83

Accounts Payable Banking Invoicing B2B 83

PYMNTS

JULY 30, 2018

And “that push from the corporation finds its way to the bank because the bank, in many cases, handles payments for the company,” Zayas said. Through this service, DadeSystems receives a file from the business, listing all of the open invoices that are due from its customers.

Treasury 40

Treasury Banking Invoicing Accounting 40

PYMNTS

NOVEMBER 12, 2020

Contextual banking will change the way traditional financial institutions (FIs) interact with their business clients. Shields offered an example of intentional information: invoice data. Today, a bank simply receives a payment instruction from its customer. Building The Infrastructure.

Banking 88

Banking Invoicing Reconciliations Treasury 88

PYMNTS

OCTOBER 19, 2020

CheckAlt , which provides lockbox and treasury management services, is now working with Florida's Citizens Bank & Trust to provide the aforementioned services, a press release says. The strategy is to help Citizens Bank & Trust expand its market reach and keep serving corporate customers, the release says.

Banking 67

Banking Nonprofit Treasury Invoicing 67

PYMNTS

OCTOBER 22, 2020

Business banking hasn't always been flashy or innovative. In this week's look at bank-FinTech collaboration, new partnerships aim to address some of the longest-standing points of friction in business finance, including late payments to small suppliers and the headache of manually managing check payment data. In the U.K.,

Banking 79

Banking Invoicing Treasury B2B 79

PYMNTS

OCTOBER 23, 2019

Deluxe Corporation is augmenting its treasury management solution by integrating a bill presentment and payment processing function into its existing accounts receivable tool. Deluxe Treasury Management said in a press release on Tuesday (Oct. Deluxe automates payments and invoice matching for streamlined reconciliation.

Treasury 40

Treasury Reconciliations Invoicing Accounting 40

PYMNTS

JANUARY 14, 2021

Today in B2B payments, Citi announces its news Treasury and Trade Solutions (TTS) head, while Rho lands new funding and adds accounts payable to its business banking technology. Plus, Medius collaborates on invoice management, TravelPerk acquires NexTravel, and Sweep lands funding for T&E tools. 13) announcement.

B2B 56

B2B Accounts Payable Banking Invoicing 56

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.

Treasury 79

Treasury B2B Leverage Reconciliations 79

PYMNTS

FEBRUARY 6, 2020

Chicago-based Signature Bank is rolling out a technology platform called Finrails AP to simplify B2B payments, the company announced on Thursday (Feb. “Visa is proud to be the virtual card partner for Finrails AP by Signature Bank,” said Kevin Phalen, global head of Visa Business Solutions.

Banking 67

Banking Accounts Payable B2B Invoicing 67

PYMNTS

OCTOBER 27, 2017

VC firms’ largest show of support was for artificial intelligence (AI), and there was a substantial growth equity round for a veteran treasury technology firm. SMB Banking. Founded by Clear Books founder Tim Fouracre, Countingup provides banking and accounting solutions for small businesses and entrepreneurs. Countingup.

Treasury 40

Treasury Invoicing B2B Finance 40

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.

Invoicing 40

Invoicing Treasury Currencies Finance 40

PYMNTS

JULY 3, 2020

People’s United Bank Senior Vice President of Treasury Management Cris Sigovitch told PYMNTS that while access to payables FinTech solutions is important, perhaps even more essential is access to a trusted partner that can guide firms toward a resilient and future-proof AP department. . ” Offering the Right Tools.

Accounts Payable 85

Accounts Payable Accounting Banking Invoicing 85

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

JANUARY 8, 2021

debt collectors seek a bigger role in recovering SMB aid, Fides expands bank connectivity for treasurers and jobless claims dip slightly. PayJunction Debuts Digital Invoicing for Virtual Terminal Clients. The Treasury has faced questions as of late over how to minimize the losses for taxpayers under the scheme. ActiveWorx, Inc.

B2B 86

B2B Treasury Invoicing Finance 86

PYMNTS

NOVEMBER 8, 2018

banks and financial technology firms have worked together to create a set of guidelines to improve the relationship between FinTech startups and financial institutions (FIs). The new guidelines, developed by the British Standards Institute (BSI), aim to address issues that interfere with FinTech firms and banks forming alliances.

Banking 76

Banking Retail Startups Treasury 76

PYMNTS

MAY 16, 2016

Between treasury management, accounting, invoicing, cash management and all the other money tools corporates have access to today, it’s a wonder CFOs can keep their heads on straight. It’s changed the game, not only for corporate clients but for the FinTech players developing and offering these treasury solutions.

Treasury 41

Treasury Cash Management Accounts Payable Invoicing 41

PYMNTS

NOVEMBER 10, 2020

They can confront problems ranging from incorrect invoices and inadequate cash reserves to late payments from customers or to vendors — all of which require time and money to solve. Money in the bank generates little earnings for companies, especially if it could instead be used to fund new investments or technologies that drive revenues.

Accounts Payable 87

Accounts Payable Invoicing Treasury Sales 87

Strategic Treasurer

NOVEMBER 2, 2022

Principles and Options for Bank Fee Management. Managing bank fees through active monitoring of your analysis statements is typically on the to-do list, but it rarely gets checked off as complete. The post Webinar: Principles and Options for Bank Fee Management | November 17 appeared first on Strategic Treasurer.

Banking 52

Banking Benchmarking Invoicing Treasury 52

PYMNTS

OCTOBER 19, 2020

Economic challenges brought on by the COVID crisis have heightened the need for businesses to manage supply chains more efficiently, and in many cases that means turning to banks for the help they need. Banks can provide alternative, low-cost and less document-intensive forms of financing, like supply chain financing,” Gupta said.

Finance 60

Finance Banking Accounts Payable Invoicing 60

PYMNTS

JANUARY 8, 2021

Even so, there’s still plenty of work to be done to raise awareness about how sending or receiving RTP transactions can improve the banking client experience. With a full pipeline of onboarding projects, Whisler expects business in the first half of the year to quickly expand and then snowball from there. Limits And Fees.

Cash Flow Forecasting 139

Cash Flow Forecasting Banking Education Reconciliations 139

PYMNTS

SEPTEMBER 28, 2020

21 percent of business leaders say payment authorization and authentication are requirements when choosing a treasury management platform , a report by Citizens Commercial Banking found. Within weeks, [he] started abusing that authority by submitting and approving false invoices from a fake business called TNC US Inc.

Accounts Payable 96

Accounts Payable Invoicing Treasury B2B 96

PYMNTS

DECEMBER 1, 2020

We discover a basic truth upon reading PYMNTS November 2020 CFO’s Guide To Digitizing B2B Payments done in collaboration with Comdata : many treasury operations need digital triage. B2B invoices generally take 37.4 Corporate Treasury Needs More Love. are still conducted with checks.”. APIs Fostering Connectedness.

Treasury 64

Treasury Accounts Payable B2B Invoicing 64

PYMNTS

JANUARY 30, 2017

Used to be that managing a company’s liquidity and cash position was a matter of reconciling disparate bank accounts at the end of the day. Trade finance, they said, could help boost efficiency in cash management and supply chain (via dynamic discounting on invoices).

Cash Management 49

Cash Management Treasury Invoicing Currencies 49

PYMNTS

JUNE 27, 2019

Trade and receivables financing company Demica is launching a new platform for banks to bolster their own financing operations, reports in Global Trade Review said on Wednesday (June 26). Demica also handled the client onboarding process, as well as uploading banks’ risk criteria to the platform.

Finance 43

Finance Banking Invoicing Treasury 43

PYMNTS

NOVEMBER 11, 2020

The Playbook also calls out “three-way invoice matching — in which staff must compare invoices to purchase orders and goods received notes,” and the frustrations that brings, but automation can reduce these stresses by matching these invoices automatically. Clearly, there are issues. A recent survey found that 74.2

Accounts Payable 87

Accounts Payable Invoicing Treasury Reconciliations 87

Strategic Treasurer

JUNE 6, 2022

Principles and Options for Bank Fee Management. Managing bank fees through active monitoring of your analysis statements is typically on the to-do list, but it rarely gets checked off as complete. The post Webinar: Principles and Options for Bank Fee Management | July 13 appeared first on Strategic Treasurer. Register Now. ?Managing

Banking 52

Banking Benchmarking Invoicing Treasury 52

PYMNTS

AUGUST 30, 2019

bank PNC has begun using RippleNet to facilitate cross-border transactions, reports said Thursday (Aug. bank to use RippleNet’s blockchain network to move money across borders. bank using the cross-border payments technology came the same week another blockchain company, we.trade, marked its own banking first.

Treasury 76

Treasury Invoicing Banking Finance 76

Strategic Treasurer

MARCH 16, 2022

Principles and Options for Bank Fee Management. Managing bank fees through active monitoring of your analysis statements is typically on the to-do list, but it rarely gets checked off as complete. The post Webinar: Principles and Options for Bank Fee Management | April 5 appeared first on Strategic Treasurer. Register Now. ?Managing

Banking 52

Banking Benchmarking Invoicing Treasury 52

PYMNTS

SEPTEMBER 18, 2018

When it comes to treasury market offerings, banks have historically started wholesale and retail lockbox businesses. In turn, a company may receive a deposit in their bank account a couple of days later and have to pull the remittance information from the supplier site.

Banking 68

Banking Accounts Payable Treasury Invoicing 68

Strategic Treasurer

JANUARY 28, 2022

Principles and Options for Bank Fee Management. Managing bank fees through active monitoring of your analysis statements is typically on the to-do list, but it rarely gets checked off as complete. The post Webinar: Principles and Options for Bank Fee Management | February 23 appeared first on Strategic Treasurer.

Banking 52

Banking Benchmarking Invoicing Treasury 52

Strategic Treasurer

JANUARY 12, 2022

Principles and Options for Bank Fee Management. Managing bank fees through active monitoring of your analysis statements is typically on the to-do list, but it rarely gets checked off as complete. The post Webinar: Principles and Options for Bank Fee Management | January 26 appeared first on Strategic Treasurer. Eager to learn?

Banking 52

Banking Benchmarking Invoicing Treasury 52

PYMNTS

FEBRUARY 1, 2021

If at that time, someone would have asked Citi Managing Director and Global Head of Domestic Payments and Receivables Anupam Sinha how long it would take for corporate treasury organizations to fully embrace digital , he said his answer would likely have been something along the lines of, “Don’t hold your breath.”. he explained.

B2B 94

B2B Treasury Accounts Payable Cash Management 94

PYMNTS

FEBRUARY 1, 2021

Businesses receiving payments need to be able to match funds to the associated invoices or risk annoying clients with follow-up requests for money that has already been delivered. Businesses that want to get these kinds of AR and AP updates and streamline their reconciliation processes may turn to banking partners for help.

Accounts Payable 93

Accounts Payable Reconciliations Invoicing Treasury 93

PYMNTS

NOVEMBER 12, 2020

one of the largest aid programs is the Bounce Back Loan Scheme (BBLS), which has facilitated more than $53 billion in financing to SMBs, according to the most recent statistics from HM Treasury. For an invoice financier like Pulse Cashflow, the impact from those programs has been clear. In the U.K., Indeed, U.K.

Marketing 64

Marketing Invoicing Finance Construction 64