PYMNTS

OCTOBER 30, 2020

The demand for faster payments is ringing louder than ever during the economic downturn. Businesses need to maintain smooth revenue streams and are working hard to avoid being hit with painful late client payments or delayed access to their earnings while also ensuring their workers are paid promptly. Collecting Revenue Fast or Fee-Free.

B2B 59

B2B Economics Banking Prioritization 59

PYMNTS

OCTOBER 30, 2020

He indicated that he used all of the money in his stock account in Hong Kong, which is worth approximately $52,000, to get a 95 percent margin loan and make an order of approximately $1 million. Ant Group indicated on Thursday (Oct. 29) that retail investors in mainland China made over $2.8 Those investors' orders went 389 times above the 2.5

Retail 89

Retail Investments Accounting Marketing 89

The SaaS CFO

OCTOBER 26, 2020

You feel like you have more potential to grow, but you are limited by the cash in your bank account. You need capital, but where do you start? We are all familiar with the traditional path of equity financing, exchanging ownership in […]. The post How to Grow Your SaaS Business with Debt Financing appeared first on The SaaS CFO.

Finance 52

Finance CFO Accounting Banking 52

PYMNTS

OCTOBER 27, 2020

27) that it rode strong new-account performance for double-digit percentage gains in revenues. Several factors drove the Q3 performance improvements, including some big account wins to follow up on a recent announcement that Fiserv has signed Alliance Data. Fiserv said Q3 revenue increased 21 percent quarter over quarter to $3.79

eCommerce 67

eCommerce Economics Accounting Securities 67

PYMNTS

OCTOBER 28, 2020

Today in B2B payments, accounts payable automation firm CPS finds a buyer. The accounts payable (AP) workforce is alerted when differences are discovered. Plus, a new FinTech, OpenEnvoy, launches to combat B2B payments fraud, while PCMI collaborates on B2B payments automation, and OpenPayd launches an FX-as-a-Service solution.

B2B 56

B2B Foreign Exchange Accounts Payable Invoicing 56

PYMNTS

OCTOBER 26, 2020

as well as Durable Capital Partners LP in addition to current investors, accounts and funds advised by T. Food delivery app DoorDash is working alongside California-based Burma Superstar for a brick-and-mortar store, according to a report from The Verge. DoorDash didn't say how much it had invested in the project.

Investments 78

Investments Sales Accounting Planning 78

PYMNTS

OCTOBER 29, 2020

Unemployment numbers don't take into account the people who have simply stopped looking for a job. Unemployment numbers don't take into account the people who have simply stopped looking for a job. Seasonally adjusted initial unemployment claims dipped to 751,000 the week ending Oct. 29) report from the U.S. Department of Labor (DOL).

Numbers 83

Numbers Accounting 83

PYMNTS

OCTOBER 29, 2020

The Radius API checking account lets business customers use their own operating systems to handle their banking. Radius Bank has advanced in its relationship with application programming interface (API) firm Treasury Prime with the rollout of its Commercial API Banking Platform and sandbox testing technology, according to a Thursday (Oct.

Banking 72

Banking B2B Treasury Cash Management 72

PYMNTS

OCTOBER 28, 2020

The $189 billion in online sales we’re expecting would account for two years’ worth of growth in e-commerce this holiday season,” Copeland added. “The The $189 billion in online sales we’re expecting would account for two years’ worth of growth in e-commerce this holiday season,” Copeland added. 28) news release. economic woes.

Sales 77

Sales Budgeting Economics Retail 77

PYMNTS

OCTOBER 28, 2020

Expense management and accounts payable (AP) automation company Emburse has rolled out Emburse Cards and Tallie Travel to offer a simple way for clients to handle their travel and out-of-pocket expenditures, according to a Wednesday (Oct. 28) announcement. In addition, employee card managers can supervise spend at a detailed level.

Accounts Payable 49

Accounts Payable Reconciliations Currencies Accounting 49

PYMNTS

OCTOBER 28, 2020

The good news is that the new Coinbase Card handles all the conversions itself, exchanging whatever cryptocurrency that users have in their accounts to U.S. Cryptocurrency fans in the United States will soon have their own debit card for holiday shopping. Coinbase on Wednesday (Oct. 28) announced it is opening up a waitlist for U.S.

Investments 77

Investments Accounting Marketing 77

PYMNTS

OCTOBER 30, 2020

Digitizing documents is key to optimizing workflows, but when it comes to the procure-to-pay space, not all digital invoices and purchase orders are created equal. XML invoices, which digitize the data on the invoice, are only a fraction of total invoice volume. The rest come in a variety of formats, including PDF and, of course, paper.

Invoicing 110

Invoicing Cash Flow Forecasting Reconciliations Forecasting 110

PYMNTS

OCTOBER 29, 2020

After adding a bank account to the service, users can buy up to $5,000 in bitcoin a week — or $20,000 a month — with a 0.99 The Bank of Canada is progressing in its plans for a national digital currency, moving past proof of concepts to “executable” plans, according to Reuters. to buy bitcoin, the custodian announced in a blog post.

Currencies 63

Currencies Banking Planning Investments 63

Future CFO

OCTOBER 25, 2020

During Q3'20, China accounted for US$14.9 During Q3'20, China accounted for US$14.9 Global venture capital investment actually rose for the second straight quarter, reaching US$73.2 billion in Q3'20, said KPMG recently when releasing its Q3'20 edition of Venture Pulse report. billion), China-based automotive company Weltmeister (US$1.5

Investments 40

Investments Education Numbers Accounting 40

PYMNTS

OCTOBER 29, 2020

A survey found that 28 percent of respondents would stop using a website or service if their accounts became compromised, for example, indicating that security is a paramount concern for many shoppers. Now the pandemic has inspired many shoppers to take their purchasing online, away from the threat of those physical devices.

eCommerce 49

eCommerce Securities Accounting Retail 49

Future CFO

OCTOBER 28, 2020

Li aged 54, is currently Chief Accountant of China Mobile Communications Group Co., Hong Kong-listed China Mobile said recently that it has appointed Li Ronghua as CFO and Executive Director. the Company’s ultimate controlling shareholder, China Mobile noted. Ltd, according to China Mobile.

CFO 40

CFO Communication Finance Accounting 40

PYMNTS

OCTOBER 29, 2020

Placed on a flat surface, the wireless scale is designed to track inventory levels for commonly used products and then automatically recorder them through a customer’s Amazon business or personal account. Amazon is officially taking the wraps off its new, automated inventory ordering system for small businesses, known as Dash Smart Shelf.

Sales 55

Sales Accounting Marketing 55

PYMNTS

OCTOBER 29, 2020

health business experienced year-over-year top-line growth, driven by the recovery of B2B payments volumes and increased [Software-as-a-Service] SaaS accounts. FinTech WEX lost $57.7 million, or $1.49 a share, on revenue of $382.1 million for the three months ended Sept. 30, compared with posting a profit of $42.4

B2B 49

B2B Accounting Healthcare Investments 49

PYMNTS

OCTOBER 28, 2020

After a tough second quarter, payment processor Fiserv bounced back in a big way for Q3, riding on the digital-first economy and a strong new account performance. After a tough second quarter, payment processor Fiserv bounced back in a big way for Q3, riding on the digital-first economy and a strong new account performance.

eCommerce 42

eCommerce B2B Startups Retail 42

PYMNTS

OCTOBER 28, 2020

There are two ways to consider consumers’ spending lives, according to Bruce Dragt , chief product officer at CO-OP Financial Services. As he told PYMNTS, the first way is to think in terms of milestone purchases, like buying a home or sending a kid to college — big spending events that tend to demarcate life stages. Moving From Insights To Action.

Securities 60

Securities Numbers Investments Accounting 60

PYMNTS

OCTOBER 28, 2020

We can see that cash has been reduced in favor of electronic accounts and instant payments,” he said. Credit cards are an interesting point because there are a lot of interchanges involved, while real-time payments are bank account to bank account,” he noted. “We Digital Transactions Up, Data Center Usage Down.

Budgeting 109

Budgeting Accounting Banking Technology 109

PYMNTS

OCTOBER 29, 2020

Deluxe is in a unique position from which to view corporates’ preferences in how they pay, as it has a legacy check printing unit (which McCarthy said accounts for less than 40 percent of its business). After all, $20 trillion in paper payments is a lot to get rid of overnight. What Happens In A Recession.

B2B 78

B2B B2C Healthcare Accounting 78