PYMNTS

NOVEMBER 16, 2020

James Anderson , executive vice president of global commercial and B2B solutions at Mastercard, said the idea was to build a new, secure kind of payment rail. This milestone is another step in the journey away from paper-based frustration, incomplete data and manual reconciliation work — to a fully-digitized business payments process.”.

Reconciliations 81

Reconciliations B2B Leverage Accounting 81

PYMNTS

APRIL 7, 2019

The enhancements improve the payment-to-settlement time, increase security and reduce costs for both payers and receivers by further automating and streamlining reconciliation of the growing number of international payments coming from different countries in different currencies,” the company said.

Reconciliations 62

Reconciliations Currencies Invoicing Compliance 62

PYMNTS

NOVEMBER 18, 2020

Panelists agreed that to get more adoption by stakeholders, banks must leverage real-time infrastructure to unlock value for corporate clients that moves well beyond the confines of simply being fast. Chayt added that the move toward real-time reconciliation marks a new phase in the evolution of real-time processes. Eyeing Efficiency

Reconciliations 98

Reconciliations B2B Treasury Banking 98

PYMNTS

OCTOBER 29, 2020

Customers expect payments to be as fast and friction-free as any other part of their digital lives, and providers are faced with the challenge of meeting this expectation while also ensuring that payments are secure and compliant with regulatory requirements. That goes not just for consumers, but for small and medium businesses as well.”.

B2B 85

B2B Compliance Reconciliations Leverage 85

PYMNTS

JANUARY 28, 2021

Among the biggest challenges in commercial card adoption is that while cards can be beneficial to payers, payees in the AR department struggle with the costs of card acceptance and the burden of manual data and secure data maintenance. Data from the transaction is integrated into the accounting solution to streamline reconciliation.

Accounts Payable 61

Accounts Payable Reconciliations B2B Accounting 61

PYMNTS

FEBRUARY 27, 2019

based payment processing company Mercury FX , for one, recently leveraged RippleNet to facilitate a high-value, cross-border supply chain payment. Deep Dive: Security in the Time of Faster Payments. As faster settlement options proliferate, companies are seeking to utilize real-time solutions to support global supply chain payments.

Reconciliations 57

Reconciliations Risk Management Leverage Securities 57

PYMNTS

SEPTEMBER 5, 2019

By simplifying payment tracking and reconciliation, TRUE North’s education institutions can free up valuable financial and administrative resources.”. The collaboration will leverage WU GlobalPay for Students and gives students, parents and agents a chance to compare prices and review payment options before locking in exchange rates. “The

Education 61

Education Reconciliations Currencies Leverage 61

CFO Leadership

OCTOBER 10, 2023

Many have since advanced to intelligent process automation (IPA) — RPA amplified with artificial intelligence (AI) — to streamline and improve more complex work, from tax and compliance reporting to financial statement reconciliation. What data governance, privacy and security procedures do we have in place or need?

Financial Planning and Analysis (FP&A) 115

Financial Planning and Analysis (FP&A) Finance Compliance Forecasting 115

PYMNTS

FEBRUARY 20, 2020

The platform combines both incoming and outgoing payment capabilities with reporting and reconciliation that is industry specific. platform has a mission of helping insurers increase their customer retention while also helping them to draw down costs and handle compliance and security issues. The One Inc. founder and CEO. “Our

Reconciliations 56

Reconciliations Compliance Leverage Securities 56

PYMNTS

NOVEMBER 7, 2018

“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.”. LVMH Group plans to expand its SWIFT gpi implementation across its full cross-border payment network, which processes more than 1.5 million payments annually.

Treasury 58

Treasury Reconciliations Leverage eCommerce 58

PYMNTS

SEPTEMBER 16, 2020

In its announcement , Payoneer said 10 banks and eWallets across 10 countries have signed onto the program, which focuses on transaction security and lowering costs for FIs to provide global payment services integrated into the banking platform already in-use. "By Eedenbul Secures PSD2 License. Faster Payments and BACS schemes.

Banking 56

Banking Concentration Reconciliations Invoicing 56

PYMNTS

DECEMBER 11, 2020

Artificial intelligence (AI) is being leveraged to adjudicate the claim and issue the payment immediately, he said. “In As might be expected, security remains top of mind for any payment platform, and where Deluxe conducts background and security checks on participants.

Healthcare 67

Healthcare Reconciliations Invoicing Numbers 67

PYMNTS

JANUARY 19, 2021

With virtual payments, buyers gain from being able to increase their days payables outstanding by leveraging their credit lines on their commercial card products. Security is improved, too, as suppliers don’t have to retain sensitive card information, which may make them vulnerable to cyberattacks.

B2B 93

B2B Invoicing Reconciliations Treasury 93

Future CFO

SEPTEMBER 17, 2020

In securities, financial institutions will benefit from improved reconciliation, reporting and asset servicing processes as well as end-to-end visibility of transactions to reduce settlement fails and fines, SWIFT added.

Benchmarking 40

Benchmarking Reconciliations Leverage Securities 40

PYMNTS

MAY 11, 2017

Xero , the online accounting software company, announced Wednesday (May 10) a partnership with Capital One Financial Corporation to simplify direct bank feeds, credit card data and the bank reconciliation process.

Reconciliations 65

Reconciliations Financial Data Leverage Accounting 65

The Finance Weekly

OCTOBER 30, 2023

Leading software leverages , AI to automate tasks like transaction categorization and account reconciliation. Ensuring that your AI tools comply with privacy laws and employ secure methods for data handling is crucial for any business to safeguard itself from future problems.

Reconciliations 52

Reconciliations Forecasting Leverage Technology 52

PYMNTS

OCTOBER 14, 2020

Looking at Working Capital – and Security. That (internal) examination has carried over to banks (including KeyBank), noted Gavrity, which in turn has led to better reconciliation of data, more payment choices for corporates and more investments in digital solutions. All high-tech is not created equal. Looking Ahead .

B2B 97

B2B Accounts Payable Reconciliations Economics 97

PYMNTS

OCTOBER 17, 2017

Together, the companies will enable streamlined payment reconciliation, facilitated by automated virtual card (v-card) payments in a solution built for financial institutions and their corporate clients. In an announcement on Tuesday (Oct.

Reconciliations 47

Reconciliations Accounts Payable B2B Cash Management 47

PYMNTS

JULY 23, 2018

.” PayStand noted that the network will focus on improving the payments lifecycle, from accounts receivable to invoice reconciliation. In the program, the company said it will look at how to leverage program mentors to support the development of the network.

B2B 40

B2B Reconciliations Invoicing Leverage 40

PYMNTS

OCTOBER 21, 2019

The solution leverages the RTP network from The Clearing House for real-time payments clearing and settlement capabilities, allowing suppliers to receive instant access to funds, as well as detailed information about the transaction.

Reconciliations 44

Reconciliations Treasury Leverage Banking 44

PYMNTS

NOVEMBER 4, 2016

For any new FinTech company, securing a deal with a financial giant is good news. ” These partnerships, he continued, enable financial institutions to make new use of existing technologies and payment rails and leverage them in a way that brings progress to the B2B payments and FinTech industry. .

Treasury 79

Treasury B2B Leverage Reconciliations 79

PYMNTS

SEPTEMBER 23, 2019

Corporates have growing expectations for faster, more efficient and more secure B2B payments — whether their money is moving from one business unit to another or one country to another. Payments Speed and Security. As financial institutions gather for this year’s Sibos conference kicking off in London today (Sept.

B2B 49

B2B Banking Accounts Payable Corporate Finance 49

PYMNTS

JANUARY 2, 2019

ACI Worldwide Head of Real-Time Payments Craig Ramsey said in the announcement, “Effectively leveraging the richer data of SWIFT gpi messages will allow NBK to further optimize the customer experience and differentiate against competitors. In addition, renters can use the feature to pay for maintenance charges and security deposits.

Banking 49

Banking Reconciliations Communication Leverage 49

PYMNTS

JUNE 4, 2018

Following successful implementations in the travel and insurance sectors, we look forward to partnering with Stargo to bring the security and convenience of our digital payment solutions to the global freight industry.”. The cost of today’s process inefficiencies represents $34.4 The cost of today’s process inefficiencies represents $34.4

Reconciliations 40

Reconciliations Invoicing Leverage Securities 40

PYMNTS

MARCH 17, 2020

While banks provide the global scale and security treasurers need, FinTechs can provide targeted solutions and an elevated user experience. If I’m real-time on the front end, how do I think about back-end reconciliation? But as Cao said, treasurers don’t necessarily have to choose one or the other when choosing to adopt new solutions.

Treasury 69

Treasury Reconciliations Banking Compliance 69

PYMNTS

OCTOBER 1, 2019

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 other words, the days of batch processing — and taking hours to respond to a customer’s email — are over.

B2B 69

B2B Reconciliations eCommerce Banking 69

PYMNTS

OCTOBER 10, 2017

Although the rate of adoption is good, corporates are not leveraging all the benefits of the digital transformation to provide new propositions to their clients, to help them move away from checks and increase overall efficiency in reconciliation and fraud,” the report concluded. Similarly, Asia and Latin America are set to see a 13.2

B2B 49

B2B Reconciliations Invoicing Accounts Payable 49

The Finance Weekly

FEBRUARY 22, 2023

Hence, the CFO must be able to , narrate the financial story that complements the company's vision, strategy, and product offerings to secure and retain investors. Self-service accounting and finance software can automate many of the basic bookkeeping functions, including payment, receipt, and , account reconciliation.

Startups 52

Startups Finance CFO Forecasting 52

PYMNTS

JUNE 28, 2019

It wasn’t the only corporate T&E firm that secured new funding, though, nor was it the only B2B FinTech that raised venture capital. Serai likens itself to a professional social networking solution, and the backing by HSBC will allow Serai to leverage HSBC’s existing client base.

Valuation 43

Valuation Reconciliations B2B Startups 43

PYMNTS

MARCH 23, 2017

We wanted to provide a quick-reference guide for suppliers on what Same Day ACH is, the differences between Same Day and ‘classic’ ACH payments, and how they can leverage this new option to meet their financial objectives.”.

B2B 54

B2B Invoicing Reconciliations Education 54

PYMNTS

JANUARY 19, 2017

Doing so, they say, means they get paid faster and more securely, making it worth the cost associated with card acceptance. Virtual cards are more secure, enabling a buyer to pay using a VCN for a specific amount of money at a specific time — making it more difficult for fraudsters to steal that number to purchase whatever they want.

B2B 46

B2B Accounts Payable Reconciliations Securities 46

PYMNTS

MARCH 25, 2019

“We decided the best solution for us was to integrate with a large merchant acquirer, as that simplifies a lot of the day-to-day issues around settlement, reconciliation, reporting and dispute management.”.

Reconciliations 50

Reconciliations eCommerce Retail Currencies 50

Bramasol

APRIL 15, 2024

Key improvements over current FP&A functionality will include: The ability to leverage real time information, such as dynamically changing market conditions, customer behaviors, supply chain disruptions, currency fluctuations, etc. to drive financial models. As with Scenario One, unified and consistent data will be key.

SAP 90

SAP Financial Planning and Analysis (FP&A) Compliance Reconciliations 90

Bramasol

MARCH 7, 2024

Because the entire SAP ecosystem of applications is architected around shared core ERP and finance systems, that are built with a continuous emphasis on seamless interoperability, SAP's clean core approach provides ample leeway to enhance functionality for specific customer needs while still adhering to an overall clean core philosophy.

SAP 83

SAP Compliance Reconciliations Leverage 83

PYMNTS

DECEMBER 16, 2019

Amazon is leveraging Western Union’s global cash in/cash out network to let consumers shop online and pay in cash at one of their 500,000 global agent locations. Facebook wants to integrate payments to become a commerce platform instead of just an advertising platform. 2020 Trendline #6: The Global Game-Changer Of Voice.

Banking 72

Banking Accounting Leverage Advertising 72

PYMNTS

JANUARY 1, 2020

Amazon is leveraging Western Union’s global cash in/cash out network to let consumers shop online and pay in cash at one of their 500,000 global agent locations. Facebook wants to integrate payments to become a commerce platform instead of just an advertising platform. 2020 Trendline #6: The Global Game-Changer Of Voice.

Banking 69

Banking Accounting Leverage Advertising 69

PYMNTS

NOVEMBER 3, 2020

Today in B2B, Bloomberg broadens its credit risk data pool, and two ERP solutions secure B2B payments integrations. Everlink Payment Services is teaming with workflow solutions provider FINTAINIUM to offer B2B and B2C payments in real time, leveraging the ISO 20022 global standard, according to a press release.

Credit Risk 88

Credit Risk B2B Accounts Payable B2C 88