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Traditional FIs Drive Modernization Through FinTech Pairings

PYMNTS

Rather than relying on open banking to unlock bank data, the company's open finance model unlocks data within other sources like eCommerce platforms or digital wallets. The company is focusing on users that may be underbanked, lacking traditional bank accounts. Unifiedpost Broadens Open Banking Capabilities.

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JP Morgan: Treasury Innovations Accelerate Digital Transformation

PYMNTS

There are digital-native companies, especially in areas like eCommerce, where their ability to continue to stay in business primarily because they were digital has enabled them to take faster leadership in that space,” Kanthadai said. Digital Natives Versus Brick-And-Mortar. What’s Next.

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New Year’s Resolution: The Clearing House Urges Banks To Become 24/7 Operations

PYMNTS

Whether it was helping small businesses get their PPP payments or convert to eCommerce, getting cash in the hands of workers delivering food, or accommodating digitized mortgage closing and escrow activity, the coronavirus has foisted a lot of change on the financial services industry in a short amount of time. “A

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An Order-To-Cash Overhaul Is Coming For B2B Payments

PYMNTS

Improving Cash Flow, Reducing Expenses. With many firms running a mélange of tech that merely resembles a stack — CRM, ERP, and eCommerce platforms all operating without genuine integration — they are not getting the benefits of a unified platform environment that has no silos to begin with. Business is cyclical.

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Treasurers Get The Online Shopping Experience

PYMNTS

Its first product, Forecast+, provides a cash flow forecasting tool for companies of all sizes, TreasuryXpress said, and can be integrated into existing treasury management systems or used independently. Now, we are enhancing that experience by delivering on-demand products and functionality via our Lab.”

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India Unwraps Its Commercial Card Opportunity

PYMNTS

Despite its demonetization policy, a thriving eCommerce climate, and continued growth in electronic and mobile payments, card penetration remains especially low in India, hovering at about 2 percent to 3 percent. The knock-on impacts are vast, from a lack of transparency into spending patterns to derailed cash flow forecasting.

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Spring Cleaning Edition: 5 Tips for FP&A Teams to Keep Data Clean and Organized

The Finance Weekly

Long cycles- Each budget or forecast entails many steps that are extremely time-consuming. Integrating cash flow forecasts with real-time data and up-to-date budgets is a powerful tool that makes forecasting cash flow easier, more efficient, and shifts the focus to cash analytics.