article thumbnail

Flywire: ‘I Wish For Embedded Payments To Become Ubiquitous In 2021’

PYMNTS

I hope we can leverage that urgency to prioritize a lot more examples of embedded finance on the B2B side in 2021. This enables overseas customers to be invoiced and to pay in their local currency while allowing the biller to reconcile those receivables in its financial system of record and currency.

B2C 70
article thumbnail

Why The Corporate Banking Revolution Is a Marathon, Not A Sprint

PYMNTS

One of the more loaded revelations from the report: Banks really only have to worry about disruption from blockchain technology in some aspects of the financial system, like trade finance, and less so in other aspects, like cross-border payments. But Horowitz said the interviews with corporate banking clients suggest otherwise. “We

Banking 40
article thumbnail

Guide to Avoiding a Year-End Financial Close Meltdown

Planful

Enterprise performance management (EPM) platforms that integrate directly with transactional systems and support complex consolidations. Financial close process workflow, account reconciliations, and disclosure management software. Technology should be leveraged as an enabler of an improved process, not the answer in itself.