Remove Cash Management Remove Invoicing Remove Reconciliations Remove Treasury
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Contextual Banking Awaits Its Star Turn

PYMNTS

As treasury management becomes increasingly digital, a bank’s corporate banking clients face challenges when it comes to modernizing treasury workflows. They can’t wait for end-of-month, or even end-of-week, reconciliation anymore,” she told Webster — and so corporates are pushing their banks to do something different.

Banking 97
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How Treasurers Can Prepare For A Real-Time Payments Ecosystem

PYMNTS

Real-time settlement negates the need for batch settlement, which has been the norm in corporate treasury departments and within financial institutions (FIs) for decades. “If you can make money programmable, then you can build that money into applications that optimize your processes in corporate treasury.”

Treasury 117
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Collaboration Spurs Treasury Management Innovation

PYMNTS

Deals were made with B2B invoicing and payments firm Viewpost, as well as health care blockchain company Gem and natural language search technology company ClearGraph. Gem uses Ethereum distributed ledger technology to streamline the health care claims process and help health care providers manage their cash and get paid.

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Citi: Accelerated Digital Migration Provides Insights Into B2B Behavior

PYMNTS

If at that time, someone would have asked Citi Managing Director and Global Head of Domestic Payments and Receivables Anupam Sinha how long it would take for corporate treasury organizations to fully embrace digital , he said his answer would likely have been something along the lines of, “Don’t hold your breath.”.

B2B 94
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How Integrations Help Firms Manage AR, AP Data

PYMNTS

Smooth accounts payable and receivable processes depend on the ability to easily access, manage and interpret payments data, but complex workflows and old-school tools can get in the way. Reconciliation Challenges. That information is then easy to process for generating insights and informing cash management decisions. .

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Canada’s Path Toward B2B Payables Modernization

PYMNTS

Lisa Lansdowne-Higgins, vice president of business deposits and treasury solutions at the Royal Bank of Canada (RBC), recently told PYMNTS that these three disruptors have a significant opportunity to shake up accounts payable processes thanks to the impact they have on data. Open Banking. Bank-FinTech Collaboration.

B2B 62
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How AR Can Usher The Legacy Lockbox Into The Digital Age

PYMNTS

Lockbox services may seem outdated in today’s ecosystem of electronic payments and cloud-based financial management platforms. the ability to not only receive a check payment, but know what invoice that check is for), is a functionality with which many electronic payment solutions today continue to struggle.