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Global non-cash transaction volumes set to hit 1.3 trillion in 2023

Future CFO

The current model of tackling cash management services needs an overhaul, said Jeroen Hölscher, Global Head of Payments Services at Capgemini. Corporate executives are feeling the pressure from mounting inefficiencies across lengthy cash conversion cycles, he pointed out. At a regional level, digital payments will grow by 19.8%

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Hong Kong Relaxes Rules In Effort To Boost FinTech Lending

PYMNTS

The Hong Kong Monetary Authority has, as finews.asia reported this past week, amended its credit risk management guidelines in a way that seeks to boost the embrace of analytics when lending to smaller firms. Cash invested on the platform, said the company, stands at $2.7 Open Banking Partnerships – Focus On Romania.

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Understanding Esker’s Accounts Receivable Suite in 8 minutes

Future CFO

This 8-minute video on Esker’s Accounts Receivable Suite covering all aspects of the AR lifecycle from managing customer credit risk, invoice delivery, cash collection, cash application processing, providing full visibility into a customer’s financial impact on the business.

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Building resilience with financial readiness

Future CFO

Liquidity and credit risk Cash has always been king and this saying was never so relevant as it is in the current situation. There is no business continuity without secured liquidity and cash flow.

SAP 40
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APAC capital markets during the COVID-19 crisis

Future CFO

Matthew Wells: Adjusting to the “new norm” of assessing credit risk, management information may not be too helpful in judging how a company has worked through COVID-19. If their clients can't pay them because the clients of their clients can't also pay them and so forth and so on.

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Today In B2B: Sage Collabs On Cash Management, Aareal Bank Debuts B2B Payments Platform

PYMNTS

Sage has unveiled a new partnership with Satago , a cash management and finance program for small firms and accounting professionals, according to an announcement.

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A Closer Look At Ripple’s Money-Saving Claims

PYMNTS

Regarding payment operations, while banks will still continue to manage their local payment rails, using its technology can lead to a reduction in required staff traditionally needed for trade failures, leading to a 48 percent reduction in this area. With Ripple, this cost is all but eliminated, cutting costs in this area by 99 percent.