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

PYMNTS

The tie-up is the newest of many strategic FinTech partnerships Barclays has announced in recent times, with MarketFinance providing invoicing financing products and Nimbla providing invoice insurance. “[SMBs] are the lifeblood of the U.K. Wells Fargo & Envestnet.

Finance 91
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ClearBank Introduces Multi-Currency Bank Accounts

PYMNTS

Customers will be able to move funds "seamlessly" according to the release, and the foreign exchange pricing will be based on interbank rates. The bank says customers will be able to utilize "increased liquidity, improved visibility into cash flows, and greater control as the need to transfer funds to third party accounts is removed.".

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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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Canada’s Path Toward B2B Payables Modernization

PYMNTS

Traditional accounts payable suffers multiple points of friction often rooted in that data is stored on paper or stuck in emails, is rarely integrated across multiple back-office systems, and is not easily digitized and analyzed for reconciliation and cash management purposes. Faster Payments.

B2B 62
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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. Exposure To Risk .

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Robotics Process Automation Rakes In The VC Cash

PYMNTS

The FinTech targets friction and costs associated with foreign exchange (FX) conversion fees and volatility that corporates experience when making payments to their vendors across borders. For instance, its LaaS platform lets businesses provide invoice or payroll financing to their customers.

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What Payments Players Had To Say About Innovating Payments In A Pandemic

PYMNTS

From the back-office bean counter to the overseer of cybersecurity and anti-money laundering (AML) compliance, the modern corporate treasury has undergone an extreme makeover in recent years that goes well beyond its historic roots in cash management. According to J.P. The other is technological innovation.