article thumbnail

Adjoint CEO On Why Treasury Management Needs Blockchain

PYMNTS

Yet, corporate finance especially is “operating, more or less, the same [way] it has for 20 years prior. Distributed ledger technology (DLT), in essence, is a distributed database that securely stores and organizes data. Much of the operations are limited by the time zone/region and cutoff times for various markets,” he said.

article thumbnail

The Multibillion-Dollar Problem Of B2B Payments Friction

PYMNTS

B2B payments is at the center of efforts to innovate by FinTechs, banks and others, but corporates’ business-to-business payment processes remain complex, erroneous and a deterrent to growth. Finance experts in some of the U.K.’s Yet this research clearly shows current processes for B2B transactions are letting them down.”.

B2B 47
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Corporate FinServ Shows Muted Performance In Latest Earnings

PYMNTS

The takeover of City Forex, announced in February, followed last August’s acquisition of CardOne and the launch of its Fair Everywhere solution, a small business current account that includes global payment and foreign exchange management services. Revenues for Q1 of 2018 grew by 85.3 percent, the company added.

article thumbnail

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.

article thumbnail

Is B2B FinTech Heating Up At The Wrong Time?

PYMNTS

seeing the greatest value of investments — with China and Germany also securing massive deals, too. Alternative finance dominated the FinTech investment space last year, and within that arena, the U.S. SoFi led the charge securing a $1 billion Series E round last August, just months after a $213 million round. reigned supreme.

B2B 40
article thumbnail

Blockchain Makes It Out Of Piloting — Now What?

PYMNTS

The blockchain hype-machine is driven largely from the technology’s proponents that say they have an application of the tool for everything: payments, risk mitigation, contracts, KYC (Know Your Customer) compliance, financing, cloud storage, an alternative to foreign exchange, credit underwriting.