Remove eCommerce Remove Leverage Remove Reconciliations
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How Banks Use APIs To Forge Stronger Client Bonds

PYMNTS

Banks can offer APIs to power clients’ eCommerce launches, he said. Businesses today integrate APIs into their eCommerce websites and mobile apps to automate payments, collections and refunds, which allows their customers to experience instant services. Enabling Digital Payment Acceptance.

Banking 99
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Credorax, Samsung To Introduce Blockchain-Based Open Banking

PYMNTS

The new partnership will combine “global open banking initiatives, Samsung SDS’ Nexledger Universal platform and Credorax’s industry expertise” in order to provide automatic payment reconciliation, remittances and invoices for B2B payments. The effect will be to eliminate the need for manual tasks for those functions.

Banking 53
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Digital Payment Firm SafetyPay Teams With LatAm's Rappi

PYMNTS

Alternative digital payment platform SafetyPay has joined forces with Latin American eCommerce firm Rappi for cash solutions and immediate reconciliation, according to a Tuesday (Oct. 6) announcement.

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Louis Vuitton Does X-Border Payments, Connects To SWIFT Via FIS

PYMNTS

LVMH’s volume of cross border payments presented unique challenges for the company, and we are pleased to provide the tools needed to leverage these emerging opportunities.”. Last year, Louis Vuitton launched an eCommerce website in China to tap into the country’s booming online shopping market. million payments annually.

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Manual Backlogs Flee In The Face Of Back-Office Digitization Sweep

PYMNTS

In 2020, it’s small and medium-sized businesses (SMBs) that are rapidly digitizing AP/AR, manual reconciliation and other burdensome tasks. One report found that 93 percent of B2B SMBs are now conducting at least some of their operations online — an increase from the 90 percent that said the same in December 2019.

B2B 57
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FedNow And ISO 20022 Are Here — What Now For FIs And Faster Payments?

PYMNTS

Beyond changing clearing and settlement capabilities, Ramsey told PYMNTS, FIs will have to retool the way they approach operations, bringing real-time processes to all functions, from reconciliation to customer service. In an eCommerce setting, there are inherent benefits that can lead to a safe and satisfying customer experience.

B2B 69
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New eBay APIs Give Developers Access To Managed Payments Program

PYMNTS

It also helps sellers with accounting and reconciliation. This API provides guidance for Promoted Listings to help sellers optimize their advertising strategy by leveraging trending ad rates and recommended listings,” the company said. We have also announced enhanced Promoted Listings capabilities with the Recommendation API.