PYMNTS

JANUARY 14, 2021

Today in B2B payments, Citi announces its news Treasury and Trade Solutions (TTS) head, while Rho lands new funding and adds accounts payable to its business banking technology. Plus, Medius collaborates on invoice management, TravelPerk acquires NexTravel, and Sweep lands funding for T&E tools. 13) announcement.

B2B 56

B2B Accounts Payable Banking Invoicing 56

PYMNTS

JANUARY 8, 2021

PayJunction Debuts Digital Invoicing for Virtual Terminal Clients. Payment processing technology developer PayJunction has rolled out a digital invoice function for companies that harness its virtual terminal offering, according to a Thursday (Jan. 7) announcement. Fides Expands Connectivity for Finance Professionals.

B2B 86

B2B Treasury Invoicing Finance 86

PYMNTS

NOVEMBER 10, 2020

They can confront problems ranging from incorrect invoices and inadequate cash reserves to late payments from customers or to vendors — all of which require time and money to solve. Untold sums are lost due to these issues, leading businesses to develop or seek advanced technological solutions to fix them.

Accounts Payable 87

Accounts Payable Invoicing Treasury Sales 87

PYMNTS

AUGUST 3, 2020

One financial technology firm currently navigating the process of securing a bank charter is Avanti Financial Group , and as it approaches market launch, Founder and CEO Caitlin Long said the firm is focusing on another area of financial services that has struggled to manage complex regulatory challenges: digital assets. .”

Treasury 117

Treasury Currencies Invoicing Cash Management 117

PYMNTS

JULY 7, 2020

The Peoples Community Bank is broadening its existing relationship with banking technology provider Finastra , the firms revealed this week in a press release , with the financial institution (FI) looking to accelerate its own innovation and product rollouts. Finastra Chosen by Community FI. payment schemes. Faster Payments scheme.

Banking 96

Banking Accounts Payable Treasury Finance 96

PYMNTS

MARCH 3, 2020

Clients of the bank will now have the ability to make secure, real-time payments with clear tracking of transactions from beginning to end, according to an announcement. The technology allows the bank to tap into Ripple ’s cross-border network and improve its user experience. PNC was reportedly the first U.S.

Banking 100

Banking Treasury Invoicing Leverage 100

PYMNTS

FEBRUARY 6, 2020

Chicago-based Signature Bank is rolling out a technology platform called Finrails AP to simplify B2B payments, the company announced on Thursday (Feb. Finrails AP offers businesses a cloud-based accounts payable (AP) solution that automates B2B payments on a secure digital dashboard using numerous payment methods.

Banking 67

Banking Accounts Payable B2B Invoicing 67

PYMNTS

JANUARY 15, 2021

Investors continue to fuel the growth of the B2B technology startup community with another busy week in funding. Despite a slowdown in corporate travel, expense management and travel booking technology provider SalesTrip still managed to impress investors, which pumped $1.4 Malaysia's microLEAP has secured $3.3 Modern Treasury.

B2B 67

B2B Finance Treasury B2C 67

PYMNTS

SEPTEMBER 29, 2017

In total, backers placed $273 million across companies operating in alternative finance, treasury management, software-as-a-service (SaaS) and B2B sales tech. Based in Hong Kong, Qupital provides an invoice financing solution that recently caught the attention of Alibaba. Treasury Management. trillion market.

Startups 46

Startups Securities B2B Treasury 46

PYMNTS

NOVEMBER 8, 2018

banks and financial technology firms have worked together to create a set of guidelines to improve the relationship between FinTech startups and financial institutions (FIs). USD) a year into financial technology companies. has been a hotbed of FinTech startups.

Banking 76

Banking Retail Startups Treasury 76

Future CFO

DECEMBER 6, 2021

Then typically, you have to go back to the corporate treasury for more liquidity. In the past 18 months with the onset of the COVID 19 pandemic, International SOS, which delivers health and security services has been automating its cash collection process. If there's a dispute on certain invoices, clearly, they are not collectable.

Invoicing 52

Invoicing Cash Management Treasury Finance 52

PYMNTS

DECEMBER 18, 2020

financial executives found that 91 percent were investing in financial technologies intended to help with newly remote operations. The firms were especially interested in deploying automated and advanced learning technologies. Such modernizations could help financial departments process invoices more quickly and easily.”.

Accounts Payable 64

Accounts Payable Invoicing Treasury Accounting 64

PYMNTS

JUNE 12, 2019

Among these new services, the top focus is real-time payments (55 percent), followed by same-day ACH (44 percent) and blockchain-based networks (35 percent), according to Bottomline Technologies’ 2019 B2B Payments Survey. There are several points of attack, Cranston said, spanning the AP continuum of receiving invoices to paying them.

Accounts Payable 62

Accounts Payable Accounting Invoicing Securities 62

PYMNTS

JULY 3, 2020

People’s United Bank Senior Vice President of Treasury Management Cris Sigovitch told PYMNTS that while access to payables FinTech solutions is important, perhaps even more essential is access to a trusted partner that can guide firms toward a resilient and future-proof AP department.

Accounts Payable 85

Accounts Payable Accounting Banking Invoicing 85

Reval

JUNE 13, 2017

Hong Kong – 14 June 2017 – Kerry Logistics, a leading logistics provider based in Hong Kong, was awarded Best Liquidity Management Strategy for 2016, using Reval, the leading global software-as-a-service solution for treasury and risk management.

Foreign Exchange 52

Foreign Exchange Treasury Cash Management Risk Management 52

PYMNTS

SEPTEMBER 25, 2020

Department of Treasury indicate that many of the biggest global banks moved money for a number of people and enterprises participating in criminal financial activity. Massachusetts-based accounts payable (AP) automation technology firm MineralTree Inc. FinCEN Files Show Banks’ Use Of AI And Machine Learning Effective In KYC/AML .

Accounts Payable 61

Accounts Payable Treasury Construction Accounting 61

PYMNTS

MAY 13, 2020

Speaking with Karen Webster, Citi Commercial Bank Senior Vice President and Treasury Sales Officer Thor Perplies described the experience of working with Flywire to facilitate the movement of funds from the U.S. to China within only a few hours in order to secure a PPE shipment for healthcare providers.

Healthcare 81

Healthcare B2B Foreign Exchange Nonprofit 81

PYMNTS

FEBRUARY 24, 2020

According to the latest research from Bottomline Technologies, businesses said the fraud threat is on the rise. 73 percent of corporates say fraud threats rose last year , according to Bottomline Technologies’ latest Treasury Fraud & Corporate Controls survey report.

Construction 65

Construction B2B Accounts Payable Invoicing 65

PYMNTS

NOVEMBER 18, 2020

Panelists included Sarah Billings , PNC’s senior vice president and head of payments product, operations and strategy; Bridgit Chayt , Fifth Third Bank’s senior vice president and director of commercial payments and treasury management; and infrastructure expert Domenico Scaffidi of Volante Technologies. Looking Ahead.

Reconciliations 98

Reconciliations B2B Treasury Banking 98

PYMNTS

AUGUST 12, 2019

Department of the Treasury, has estimated in recent weeks that fraudsters have tried to scam as much as $9 billion through business e-mail compromise attempts since 2016. Separately, AppZen, said that within companies themselves, expenses are not monitored as closely as they might be with the aid of technology.

Auditing 59

Auditing Invoicing Accounts Payable Treasury 59

PYMNTS

SEPTEMBER 30, 2016

And that goes for the industries covered, too, with treasury management’s Kyriba, blockchain’s BlockApps and enterprise security’s Druva landing on the board, to name a few. Find out who else secured funding below. Enterprise Security. Treasury Management. Expense Management.

B2B 70

B2B Treasury Startups Cash Management 70

PYMNTS

JANUARY 26, 2017

The company announced earlier this month that it has developed what it claims to be the world’s first technology to integrate blockchain into ERP systems like SAP. Being able to transmit this type of data via blockchain would make B2B processes like invoice processing and payments far quicker, the company explained.

SAP 57

SAP Invoicing Reconciliations B2B 57

PYMNTS

NOVEMBER 4, 2019

Invoice and purchase order manipulation, company credit card abuse and fraudulent use of company checks all surface as cautionary tales for corporates’ internal financial processes. consumers in the first half of 2019 , according to new analysis from Parliament’s Treasury Select Committee. 777 million was stolen from U.K.

Accounts Payable 40

Accounts Payable Invoicing Healthcare Treasury 40

PYMNTS

MAY 1, 2020

So are paper invoices that precede them. In point of fact, most businesses of any size have a hybrid treasury-accounting back office where digital tools and paper instruments coexist. For all of the happy life moments in which they appear, paper checks are unloved.

B2B 52

B2B Accounts Payable Accounting Treasury 52

Future CFO

DECEMBER 11, 2023

Suppliers can embed real-time payment instructions in customer communications to simplify invoice processing. Villanueva attributed this to the convenience, transparency, and security of the process. The common question that comes to mind for the regular consumers: ‘How secure is my money or my funds inside this app?’”

Banking 98

Banking Finance CFO Leverage 98

PYMNTS

APRIL 1, 2019

“Our mission is to power frictionless payment acceptance with nimble technology. Our trusted technology helps them do just that. Square Embraces Invoicing. Invoicing is hard for SMBs, and Square would like to help businesses design, manage and send invoices from anywhere.

Invoicing 40

Invoicing Treasury Leadership B2B 40

Future CFO

FEBRUARY 10, 2021

She highlighted some of the challenges facing CFO: workforce disruptions during lockdowns and the pandemic’s impact on business and operations; requiring CFOs to rethink the future of work as the pandemic has reshaped the nature of work, to reimagine/adapt new business model and technology to digitise and restructure business/work processes.

CFO 52

CFO Finance Auditing Treasury 52

PYMNTS

DECEMBER 14, 2018

In addition to launching its cash automation solution, Trovata secured an undisclosed amount of Seed funding from partner JPMorgan Chase, a press release said this week. OweMe operates a supply chain financing solution that links banks to corporate buyers in need of funding for their outstanding invoices. MachineMetrics.

B2B 51

B2B Startups Treasury Financial Data 51

PYMNTS

SEPTEMBER 20, 2018

While financial institutions (FIs) are investing significantly in the technology, their corporate customers may be weary when it comes to using the blockchain solutions their financial services providers now offer. The market is expected to secure 30 percent of those efforts between 2021 and 2023; at present, the U.S.

Corporate Finance 75

Corporate Finance eCommerce Healthcare Finance 75

Future CFO

APRIL 21, 2021

Manual AP invoicing has been outdated and inefficient for years now, so when business across the globe encountered significant disruptions, companies with digital transformation still on their to-do lists felt the impact on their operations far more than those already using automation. Eliminating manual processes.

Accounts Payable 40

Accounts Payable Accounting Invoicing Finance 40

PYMNTS

MARCH 13, 2019

Manual, paper-based invoicing systems are objectively worse in every metric when stacked against automated, digital AP systems that leverage straight-through processing. The latter are faster, more efficient, easier to use, more secure, cheaper — and essential to transform AP departments from cost centers to revenue centers. “The

Accounts Payable 44

Accounts Payable Accounting Invoicing Benchmarking 44

PYMNTS

DECEMBER 31, 2020

JPMorgan: Real-Time Treasury A Key Driver Of Corporate’s Loyalty. From the back-office bean counter to the overseer of cybersecurity and anti-money laundering (AML) compliance, the modern corporate treasury has undergone an extreme makeover in recent years that goes well beyond its historic roots in cash management. According to J.P.

Healthcare 115

Healthcare B2B Foreign Exchange Treasury 115

PYMNTS

SEPTEMBER 27, 2019

This week, two massive deals landed with B2B payments innovators at Fundbox and Tipalti, but they were far from the only players to have secured new funding. Operating out of New Zealand, Hnry offers gig economy workers tax administration technology that has just caught the attention of investors to the tune of $1.35 Everledger.

B2B 59

B2B Accounts Payable Startups Advertising 59

PYMNTS

JULY 22, 2016

Treasury Department will recommend that some loans offered through these platforms be reclassified as consumers loans. Invoice financing is in the midst of a boom, at least in the U.K., It recently rolled out a mobile-friendly version of its invoice financing offering. Find out how the more than $26.5 Alternative Lending.

Invoicing 40

Invoicing Startups Finance Risk Management 40

PYMNTS

JUNE 20, 2019

Other drivers include the ability for corporations to make faster invoice payments, thereby capturing early payment discounts without actually letting go of capital more quickly. Card issuers’ security and fraud measures are helpful benefits, too. It’s all about data in the world today.”

B2B 53

B2B Restructuring Treasury Education 53

PYMNTS

NOVEMBER 15, 2017

Every day the world hears about another blockchain project in the works or another distributed ledger technology consortium forming. According to reports in Cointelegraph this week, payments technology firm Mastercard filed a patent related to real-time payments using blockchain technology. Reports said the filing, dated Nov.

SAP 52

SAP Finance Technology Treasury 52

PYMNTS

JUNE 13, 2016

TD Bank Head of Corporate Products and Services Rick Burke said corporate treasurers need to begin a dialogue with their banks and financial services partners to integrate adequate security controls within their corporations. 88% of finance professionals anticipate a rise in payments fraud , said TD Bank in its latest analysis.

Accounts Payable 41

Accounts Payable Corporate Finance Treasury Invoicing 41