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Bracing up for a competitive and digitally integrated payments environment

Future CFO

Simultaneously, he highlights that the explosive growth of cross-border trade, especially fuelled by APAC’s booming eCommerce sector, has heightened demand for efficient and localised digital payment infrastructure. Taking a borderless approach from day one enables agility, improves capital efficiency, and unlocks new revenue opportunities.

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JP Morgan: Treasury Innovations Accelerate Digital Transformation

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Treasury departments need to modernize as they grapple with the pandemic — streamlining the way cash is handled, how strategic decisions about cash flow are crafted and how payments are made. Morgan , the successful treasury transformation in the Asia Pacific region hinges on digitization — and not simply electronification.

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New Year’s Resolution: The Clearing House Urges Banks To Become 24/7 Operations

PYMNTS

Whether it was helping small businesses get their PPP payments or convert to eCommerce, getting cash in the hands of workers delivering food, or accommodating digitized mortgage closing and escrow activity, the coronavirus has foisted a lot of change on the financial services industry in a short amount of time. “A

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

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“Corporate treasurers are increasingly seeking to manage their payments functions in real-time to enhance control and visibility of their cash flows,” Steve Evans, head of Corporate Liquidity and Bank Treasury, FIS, said in a press release. million payments annually.

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HSBC Marks $100B In Mobile Corporate Payments

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. “Business uptake of mobile payments is gathering significant pace, as the functionality and flexibility of this channel gains trust and acceptance in finance and treasury departments globally,” said HSBC Global Head of eCommerce, Global Liquidity and Cash Management Nadya Hijazi.

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Visa Enables Spend Tracking On Amazon Business

PYMNTS

That includes line-item details, Visa said, with that data able to integrate into reconciliation tools. spend less time on reconciliation of their purchases and allow more card management options — all with the existing value and cost savings that come with an Amazon Business account.”.

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BNY Mellon To Launch Payment Processing Enhancements

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The company said the end result will be a more efficient reconciliation processes and more timely and efficient application of funds. New technologies are creating levels of payment innovation unmatched since the early days of eCommerce more than 40 years ago,” Bellacosa noted. Banking as an industry is responding.