Future CFO

JUNE 1, 2025

Companies increasingly adopt digital tools to improve cash flow forecasting, automate reconciliation, and manage liquidity more effectively," he adds. Leveraging digital transformation for treasury efficiency Digital transformation is revolutionising treasury operations in Asia.

Economics 59

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

PYMNTS

JULY 17, 2019

More than 50 of the world’s largest companies have already started using a new service that enhances payment flows, allowing a single view of transactions across multi-banked corporates. The service allows a single, centralized view across all banking partners in real-time, facilitating accurate reconciliation.

Banking 75

Banking Treasury Reconciliations Leverage 75

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. IFIs margins remain healthy and above those of conventional banks.

Finance 83

Finance Banking Retail Investments 83

FISPAN

JANUARY 12, 2022

Financial institutions (FIs) are under pressure to drive innovation in financial data access for the commercial banking space. Banking customers are seeking more control over their banking data than ever before. How data will be delivered and received from FISPAN and the third-party partners we work with.

Reconciliations 96

Reconciliations Banking Securities Leverage 96

PYMNTS

NOVEMBER 12, 2020

Contextual banking will change the way traditional financial institutions (FIs) interact with their business clients. In an interview with PYMNTS, Lisa Shields , founder and CEO of FISPAN said advanced technologies can help capture new types of data — and leverage that data to offer more relevant products and services.

Banking 88

Banking Invoicing Reconciliations Treasury 88

PYMNTS

DECEMBER 16, 2020

Commercial cards have seen an increased adoption in both large and small Indian businesses as an option to protect and digitize supplier payments, drive savings and simplify reconciliation, according to the release. Corporates will have improved compliance and security in strategic purchases and larger payments.

Reconciliations 92

Reconciliations B2B Invoicing Compliance 92

PYMNTS

NOVEMBER 18, 2020

The pandemic has exposed glaring points of friction in any number of verticals – including banking, where it’s apparent that legacy systems and processes were not designed to handle real-time anything, and certainly not payments. Is real-time ready for prime time?

Reconciliations 98

Reconciliations B2B Banking Treasury 98

PYMNTS

FEBRUARY 11, 2020

The Royal Bank of Canada (RBC) is the first Canadian financial institution to offer businesses Interac eTransfer: Bulk Request Money for the efficient management of accounts receivable (AR), RBC announced Tuesday (Feb. We’ve digitized the manual reconciliation process and eliminated the need for expensive, paper-based [checks].

Banking 57

Banking Reconciliations Treasury Leverage 57

PYMNTS

NOVEMBER 20, 2019

Citi noted traditional methods of cross-border accounts receivable are inefficient, involving multiple collections service providers with silos between invoicing, collection and reconciliation. The platform integrates cross-border billing, payment acceptance and reconciliation into a single solution. “In

Accounting 83

Accounting Reconciliations Invoicing Currencies 83

PYMNTS

MARCH 2, 2020

Late payments are a reflection of a broader challenge in B2B payments: Large corporate buyers can wield their market power with small suppliers that lack leverage to negotiate faster payment terms. “Our business is not a charity, and we are not a bank,” one supplier told the publication.

Reconciliations 57

Reconciliations Invoicing B2B Manufacturing 57

PYMNTS

JUNE 10, 2020

Credorax , the smart payments provider and FinTech, has announced a partnership with Samsung to develop blockchain technology to offer open banking services, according to a press release. Digitization in banking is on the rise due to the pandemic, which has seen people and businesses flocking to digital forms of financial services.

Banking 53

Banking Reconciliations B2B Invoicing 53

Global Finance

JULY 26, 2024

As the dynamic payments landscape presents both challenges and opportunities for corporate treasury, it’s unsurprising that financial institutions are finding new ways to help treasurers leverage new payments trends to improve efficiency, manage risk, and support business growth. It will also include biometric phone-free payments.

Cash Management 111

Cash Management Treasury Foreign Exchange Banking 111

PYMNTS

SEPTEMBER 16, 2020

PSD2 and open banking regulations were forged to accelerate competition in the financial services arena, and this week, a look at the latest initiatives reveals the opportunity for new market entrants to rival incumbents in the small business banking arena. Payoneer Debuts Program For Banks. Banking and accounting for U.K.

Banking 56

Banking Concentration Reconciliations Invoicing 56

PYMNTS

OCTOBER 13, 2020

In a panel discussion with Karen Webster, six payments, banking and FinTech executives weighed in on the very nature of change that is transforming treasury banking and corporate clients in real time. Morgan said there are three key success factors banks must consider when satisfying their corporate clients’ needs.

Treasury 76

Treasury Banking B2B Reconciliations 76

PYMNTS

NOVEMBER 16, 2020

According to research from Mastercard, almost 80 percent of mid-size and larger suppliers see risk in sharing bank account data. However, the press release says that risk is cut down because the suppliers do not need to share confidential bank account information with buyers, and buyers don't need to share such details either.

Reconciliations 81

Reconciliations B2B Leverage Accounting 81

PYMNTS

DECEMBER 28, 2020

And as FinTechs continue to challenge banks, but also offer new opportunities within the B2B space, they’re advancing a corollary to the build vs. buy question: How about partnerships? Banks have been creating their own IT scripts and technology stacks for decades. Where The Banks Are Focused . Cost is only one consideration.

B2B 86

B2B Accounts Payable Treasury Reconciliations 86

Trade Credit & Liquidity Management

JUNE 10, 2025

Escrow Arrangements: In larger deals, the supplier can set up arrangements for a third party, typically a bank, to collect payment from the customer’s customer and then pay the supplier. Ask for Guarantees: There are several ways to have an individual, a bank, or another business entity guarantee payment.

Invoicing 52

Invoicing Sales Accounting Securities 52

PYMNTS

JULY 22, 2020

Infor , which works in business cloud software, is partnering with DBS Bank to infuse the Infor Nexus global network of businesses with new digital trade financing capabilities to help speed up payments through the supply chain, according to a press release.

Finance 53

Finance Banking Reconciliations Prioritization 53

PYMNTS

OCTOBER 30, 2020

SMBs often lack the resources to embrace systems that can generate and issue truly electronic purchase orders, and they similarly often lack the leverage to require their own vendors to issue electronic invoices. What It Means to Be Digital. There will certainly be people who pay without thinking, 'What's going on here?'".

Invoicing 110

Invoicing Cash Flow Forecasting Reconciliations Forecasting 110

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. Take Capital One’s deal with Gem, for instance.

Treasury 79

Treasury B2B Leverage Reconciliations 79

PYMNTS

JANUARY 25, 2019

As they work to achieve this, more companies are ditching paper-based methods and embracing digital solutions that streamline payments and reconciliations. We might be at a tipping point in the market, [in which] the market just demands faster payments,” said Matt Richardson, head of product solutions at Citizens Bank. .

Reconciliations 67

Reconciliations Banking Education Accounting 67

PYMNTS

FEBRUARY 25, 2020

The funding was led by Silicon Valley Bank with participation from Goldman Sachs and Comerica Bank. TripActions Liquid also leverages partners like AppZen, an artificial intelligence (AI) solution that enables spend approvals within policy. It also solves the problem of global travel payments.

Reconciliations 60

Reconciliations Leverage eCommerce Finance 60

Global Finance

JULY 2, 2024

For example, some banks mandate structured addresses before November 2026. Service termination may depend on individual bank’ offerings. MT940 and MT942 messages will continue via FIN over a FI BIC, depending on the bank’s service continuation.

Reconciliations 64

Reconciliations Treasury Compliance Forecasting 64

PYMNTS

NOVEMBER 27, 2019

That standardization supports recipients’ reconciliation hurdles, he added, meaning corporates can more quickly turn an incoming credit into applicable, working capital. Equally important to the ISO journey is the data richness it carries, versus some of the underlying legacy systems that are not as robust with information.”.

B2B 117

B2B Reconciliations Technology Leverage 117

PYMNTS

JANUARY 2, 2019

Coverage includes The National Bank of Kuwait ’s rollout of SWIFT Global Payments Innovation (gpi) services with the help of ACI Worldwide. The National Bank of Kuwait has rolled out SWIFT Global Payments Innovation (gpi) services via the payments engine of ACI Worldwide, according to an announcement.

Banking 49

Banking Reconciliations Communication Leverage 49

Global Finance

SEPTEMBER 9, 2024

That means corporate treasurers are collaborating closely with other business units and leveraging data and analytics to supply critical insights into finance and risk issues and improve cash flow. This is a gap that their main banking partner might be willing to fill.

Treasury 97

Treasury Cash Flow Forecasting Forecasting Cash Management 97

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

FEBRUARY 27, 2019

Slovenia is due to see an instant payments platform launch from Bankart this month, while Malaysia has a new solution of its own, enabling instant credit transfers to bank accounts using details such as mobile phone numbers or national IDs. Elsewhere in the U.K., SafeCharge partnered with U.S.-based New initiatives are also rising in the U.S.,

Reconciliations 57

Reconciliations Risk Management Leverage Securities 57

PYMNTS

NOVEMBER 3, 2020

Everlink Payment Services is teaming with workflow solutions provider FINTAINIUM to offer B2B and B2C payments in real time, leveraging the ISO 20022 global standard, according to a press release. Commercial banking platforms, small businesses, corporations and government entities alike can access the service, the release stated.

Credit Risk 88

Credit Risk B2B Accounts Payable B2C 88

PYMNTS

MAY 11, 2017

Xero , the online accounting software company, announced Wednesday (May 10) a partnership with Capital One Financial Corporation to simplify direct bank feeds, credit card data and the bank reconciliation process.

Reconciliations 65

Reconciliations Financial Data Accounting Leverage 65

PYMNTS

SEPTEMBER 23, 2019

While FinTechs are offering a greater variety of solutions to business users than ever before, corporate finance chiefs and treasurers still turn to their banks first to improve their B2B payments strategies. Banks’ ability to be empowered through data can occur in other ways beyond API integrations, though.

B2B 49

B2B Banking Accounts Payable Corporate Finance 49

PYMNTS

NOVEMBER 7, 2018

“Corporate treasurers are increasingly seeking to manage their payments functions in real-time to enhance control and visibility of their cash flows,” Steve Evans, head of Corporate Liquidity and Bank Treasury, FIS, said in a press release. million payments annually. million payments annually.

Treasury 58

Treasury Reconciliations Leverage eCommerce 58

PYMNTS

SEPTEMBER 5, 2019

By simplifying payment tracking and reconciliation, TRUE North’s education institutions can free up valuable financial and administrative resources.”. The collaboration will leverage WU GlobalPay for Students and gives students, parents and agents a chance to compare prices and review payment options before locking in exchange rates.

Education 61

Education Reconciliations Currencies Leverage 61

PYMNTS

OCTOBER 6, 2020

Alternative digital payment platform SafetyPay has joined forces with Latin American eCommerce firm Rappi for cash solutions and immediate reconciliation, according to a Tuesday (Oct. We constantly strive to leverage the latest technology to protect our customers and offer them the best experience online,” Moya said in the announcement.

Reconciliations 60

Reconciliations eCommerce Leverage Banking 60

PYMNTS

NOVEMBER 11, 2020

Automating capital management can keep organizations from scrambling for last-minute funding from banks to ensure there is enough cash on hand, thus limiting stress on treasury professionals and preventing excessive employee turnover.”.

Invoicing 87

Invoicing Accounts Payable Treasury Reconciliations 87

PYMNTS

FEBRUARY 22, 2017

Horicon Bank and Financial Transmission Network, better known as FTNI, are partnering up to help streamline the accounts receivable process for corporates. “The traditional corporate banking customer relationship is changing,” reflected Horicon Bank Vice President of Treasury Management Bob Van Kirk in a statement.

Banking 40

Banking Treasury Reconciliations Leverage 40