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The Bank-FinTech Tie-Up Streamlines Access To Finance, Data

PYMNTS

As banks look to streamline access to finance or make it easier to safely share financial information with apps, Barclays Business Banking and Wells Fargo are joining forces with FinTechs on digital initiatives. PYMNTS rounds up the latest partnerships and initiatives below. Barclays & Propel. Wells Fargo & Envestnet.

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Kerry Logistics Wins Best Liquidity Management Award Using Reval

Reval

According to Kerry Logistics Group Treasurer Eddie Mak, Kerry’s previous spreadsheet and paper-based invoicing process for tracking and reconciling intercompany transactions took much manpower for little gain. “We Using Reval, Kerry Logistics increased the transparency and processing time of its intercompany netting operations.

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Robotics Process Automation Rakes In The VC Cash

PYMNTS

RPA is igniting chatter in the corporate finance community as professionals explore next-level analytics and automation functionality to enhance processes like accounts payable, accounts receivable, cash flow management and more. Below, PYMNTS breaks down the more than $912 million raised by B2B FinTech firms this week.

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In Cross-Border Payments, Knowledge (Not Speed) Is Power

PYMNTS

” There are the obvious sources of information being handled by cross-border business partners, he noted, like invoices and purchase orders. But corporations must also handle data and documents that exchange more hands than they would in a domestic transaction, the executive explained. Payments And Data Become One.

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The Burdensome ‘Badge Of Honor’ For Overseas Suppliers

PYMNTS

In a recent move that may shake up the supply chain finance sector, the International Chamber of Commerce and the Bankers Association for Finance and Trade (BAFT) released updated standard definitions for the industry to help both banks and nonbank players more efficiently provide cash management solutions and mitigate risk in this space.

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Is B2B FinTech Heating Up At The Wrong Time?

PYMNTS

The tallies are in: Innovate Finance has calculated the state of investment in FinTech for 2015, and we have the numbers. Innovate Finance released The 2015 FinTech Investment Landscape this month, a report that offers a snapshot at how investors are placing their money among financial innovators. Global Breakdown. reigned supreme.

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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. Cobase works in cloud-based corporate multi-banking solutions while Ebury is backed by Santander Bank and works in cross-border tech and financial management.