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How Multi-Entity SMBs Can Navigate A World Of Billing Complexity

PYMNTS

While expanding internationally is the easy part, the challenge often comes in the back-office financials like invoicing , cross-border payments, accounting and reconciliation. Come auditing and tax time, maintaining compliance with all of the varying local regulations across different geographies adds an extra layer of complexity.

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Deep Dive: Orchestrating Complex Authentication And Fraud Decisioning

PYMNTS

FIs and PSPs in Europe are particularly interested in robust fraud-busting technologies for SCA compliance, which is mandated under PSD2. Requiring multifactor authentication (MFA) could add frictions to companies’ payment systems and customer experiences, but such tools are necessary to enable smart authentication and compliance decisions.

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SMBs Remain Hot Spot For Open Banking Business Models

PYMNTS

SMB lender Just Cashflow announced a partnership with Ebury to integrate foreign exchange services as Just Cashflow augments its offering beyond SMB loans. Ebury is integrating foreign exchange (FX) tools to support Just Cashflow’s SMBs and their cross-border payments needs. Just Cashflow Taps Ebury for FX.

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Citi: Healing Broken PPE Supply Chains With Streamlined Cross Border Payments

PYMNTS

By wielding Citi’s infrastructure to complete the transaction for The Boston Foundation and Bai, Flywire was able to ensure full compliance and quick transmission of SWIFT transaction data to the beneficiary bank in China. Since beginning the initiative, Citi and Flywire have facilitated about $2 million worth of transactions from the U.S.

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AP Automation’s Role In Paying The Gig Economy

PYMNTS

That information flow comes in on a real-time basis, rather than through the typical process of month-end reconciliation. Automating the onboarding process — collecting data, and ensuring that 1099s and tax compliance are in place — is becoming especially critical in a regulatory environment that is growing more, not less, stringent.

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The five-step response that helps CFOs navigate uncertain times

Future CFO

Working capital and cash flow optimisation With uncertain times ahead, CFOs today must monitor the impact of price volatility, foreign exchange fluctuations, and interest rate changes, and be able to rapidly revise financial asset positions and protect against increased credit risks.

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Expense Management Digs Deeper Into Corporate Ground Transit

PYMNTS

Mac acknowledged a “learning curve” when entering into such an ecosystem of differing rules, language barriers and foreign exchange demands — the latter of which can also significantly complicate the expense management process. Every country has its own regulations, and the EU has its own complex regulations.”.