Finovate

APRIL 10, 2025

Founded in 2020 and headquartered in London, tell.money provides an open banking SaaS platform, an ecosystem that account providers can join in order to bring open banking solutions to their customers in a compliant way.

Payment APIs and Integration 52

Payment APIs and Integration Cross-Border Cross-Border Payments Payee 52

Fintech Finance

DECEMBER 12, 2024

Bank transfer also typically results in a cumbersome manual payment reconciliation process: according to PwC, on average, 30% of a finance teams time is spent on manual reconciliation, with error rates between 0.8%

Payments 98

Payments Reconciliation Payment Reconciliation Settlement 98

PYMNTS

MARCH 10, 2020

The collaboration is live in Australia, and later in 2020 will be offered to users in the U.K. SMBs can now link cross-border dealings in Airwallex to Xero, enabling users to take a look at transactions every day. SMBs can also review transactions to measure how finances are doing.

Payment Reconciliation 52

Payment Reconciliation Reconciliation Cross-Border Multi-Currency 52

The Finance Weekly

MARCH 13, 2022

That’s up by just under $110 billion compared to the previous half-year record that was just set in the second half of 2020. We are pleased to support Lockstep in their mission to streamline corporate payments and reconciliation. ”. Venture capital is affiliated with some of the world's fastest-growing and most powerful companies.

Automation 130

Automation Accounts Finance Participant 130

PYMNTS

SEPTEMBER 9, 2020

For businesses that make purchases on Amazon, Mastercard has struck a collaboration to streamline the expense management and reconciliation process. That's according to commercial card FinTech Airbase, which recently revealed a 500 percent increase in spend volumes among its user base in Q2 2020 compared to the same period in 2019.

Payment APIs and Integration 94

Payment APIs and Integration Commercial Card Push-to-Card Visa 94

PYMNTS

SEPTEMBER 23, 2020

About 160 locations will close by 2020’s end and an additional 120 are slated to close next year. The firm said that the product provides a complete view and supervision over business spending, while allowing for reconciliation, orchestration and information on spending.

OCC 85

OCC Office of the Comptroller of the Currency Stablecoins Reconciliation 85

The Fintech Times

MARCH 16, 2024

Launched in 2020, the Visa BPSP solution enables non-card-accepting suppliers to receive payments made on card rails into their bank account, by integrating with PayMate’s platform. The post Visa Joins Forces With Merex Investment and PayMate to Digitise Rental Collection in the UAE appeared first on The Fintech Times.

Reconciliation 59

Reconciliation B2B Commercial Card Non-Bank 59

PYMNTS

JUNE 30, 2020

Becky French , VP of product management for Sabre , told PYMNTS in a January 2020 interview that virtual cards can reduce the risk of fraud by inherently being a one-to-one transaction, with a lot of customizable controls to dictate what the platform can do. “The

B2B 79

B2B Payment APIs and Integration Shutdown Payments 79

PYMNTS

JUNE 16, 2020

In the June 2020 edition of The Gig Economy Tracker® done in collaboration with Tipalti , we find these traits, among others, defining innovation in accounts payable (AP) software. Manual Reconciliation, Begone. This is where AP automation is stepping in.

Automation 67

Automation Reconciliation Payments Economy 67

PYMNTS

JULY 10, 2019

Traditional accounts payable suffers multiple points of friction often rooted in that data is stored on paper or stuck in emails, is rarely integrated across multiple back-office systems, and is not easily digitized and analyzed for reconciliation and cash management purposes. Faster Payments. Open Banking. Bank-FinTech Collaboration.

B2B 62

B2B Payment APIs and Integration Faster Payments Reconciliation 62

PYMNTS

FEBRUARY 1, 2021

Let’s rewind to January 2020, a couple of months before the world was turned on its head. The finance organization does not have a choice in terms of embracing digital, and all of us have learned the hard way in 2020 based on the impact it had,” Sinha said. They’re making changes now, he said, for a very simple reason: They have to.

B2B 94

B2B Payment APIs and Integration Treasury Cash Management 94

PYMNTS

JANUARY 17, 2020

More than two-thirds of executives surveyed for the January 2020 Making Real-Time Payments a Reality : Rising Demand for Real-Time Payments report from PYMNTS and Mastercard say they’re “very” to “extremely” aware of RTP, and over 85 percent report that they are now implementing RTP, or plan to, over the next three years.

Real Time Payments 61

Real Time Payments RTP Payments Wires 61

The Finance Weekly

APRIL 27, 2022

The Association of Certified Fraud Examiners’ (ACFE) 2020 Report to the Nations found that many fraud risks increase in small businesses (meaning, under 100 employees) than in large businesses. Bracing for Heightened Fraud Risk.

Payroll 130

Payroll Risk Addressing Checks 130

PYMNTS

AUGUST 20, 2020

The bank highlighted not only the speed with which companies can make payments, but the data that moves along with transactions via RTP that can be particularly beneficial for businesses’ reconciliation and reporting needs. Faster Payments Council Announces Board Advisory Group. This week, the U.S.

RTP 101

RTP Phixius FPC Payment APIs and Integration 101

The Finance Weekly

OCTOBER 13, 2021

It's possible that what your customers wanted in early 2020 will differ from what they want now. Consider the "extended" financial close, which includes account reconciliation, tax provision, sub-ledger close, and sending filings to regulatory authorities, in addition to the ultimate stage of closing the books.

Risk Management 130

Risk Management Risk Automation Close Processes 130

Evolve Payment

FEBRUARY 15, 2024

So, if you’re still clinging to archaic paper-based systems or even separate software that are not synchronized to eliminate dual reconciliation, it’s time to embrace the current times and evolve your payment processing solutions. For example, the costs of processing a single business check can range from $4-$20. A study by U.S.

B2B 81

B2B Checks AFP FinTech 81

PYMNTS

DECEMBER 9, 2020

Reconciliation is of the utmost importance to corporate clients, noted Koenigsberg, and real-time data and payloads, generated automatically and alongside the transactions, mean that payments post much more efficiently.

Use Case 134

Use Case B2B Cross-Border Payments Cross-Border 134

PYMNTS

DECEMBER 30, 2020

But this shift is only a fraction of the disruption B2B payments saw in 2020, with the year giving way to a boom in B2B eCommerce and shifts in business models that continue to alter the way businesses send and receive payments. The year 2020 opened up significant opportunities for businesses of all types to flex their business models.

B2B 119

B2B Payer Payments BNPL 119

Fintech Finance

MARCH 14, 2024

Launched in 2020, Visa’s BPSP solution allows enablement of payments made on card rails to be received by non-card accepting suppliers into their bank account, by integrating with PayMate’s platform. In addition to this, it also helps their tenants with enhanced working capital while making payments using commercial cards.

B2B 52

B2B Facilitators Commercial Card Reconciliation 52

PYMNTS

NOVEMBER 23, 2020

This and much more is found in PYMNTS November/December 2020 Smarter Payments Tracker® powered by Nium , as APIs, apps and platforms modernize payments big time. That things came to a boil in 2020 is a matter for the financial history books at this point. Fishing For BaaS.

Payroll 66

Payroll Payment APIs and Integration eWallet Phishing 66

PYMNTS

JUNE 15, 2018

But the reconciliation, security, payment terms and buyer-supplier relationship do not mean one size fits all for B2B transactions initiated on an eCommerce platform. Electronic payment technologies may be more expensive to suppliers, but for more streamlined reconciliation, that extra cost is often worth the value.

B2C 40

B2C B2B Reconciliation Payment APIs and Integration 40

Stax

JULY 9, 2024

By the end of 2020, that rose to 78%. Between 2019 and 2020, there was an 8% rise in the number of consumers increasing their payment options to two or more types of digital payments. The adoption of digital payment systems in the US has grown, with 78% of consumers using at least one type by the end of 2020.

Digital Payments 163

Digital Payments Online and Mobile Banking Contactless Payments Payments 163

Fintech Finance

DECEMBER 17, 2024

Founded in 2020, KEO has experienced rapid growth. ” “Expanding the value proposition of the Amex Business Link platform is one of our priorities so that buyers and suppliers can make real-time decisions that optimize their working capital and improve their operational-administrative and reconciliation processes.

B2B 52

B2B Agreements Reconciliation Digital Payments 52

PYMNTS

NOVEMBER 17, 2020

Boost Intercept, Boost’s straight-through processing platform, automates manual payments and reconciliation processes, making it easier for organizations of all sizes to use and accept commercial cards. hospitals $323 billion by the end of 2020. Leavitt , founder and CEO of Boost Payment Solutions, in the release.

Payment Solutions 52

Payment Solutions Commercial Card Payments Wire 52

PYMNTS

JULY 8, 2020

This week found that one of the crisis’ most troubled retailers — Nordstrom — will only pay half of its rent for the balance of 2020. The report suggested that Nordstrom would pay “up to a full reconciliation should 2020 sales reach 90 percent of sales made in that location in 2019.” Retail Properties of America, Inc.

Monetary Loss 60

Monetary Loss Authentication Reconciliation Breach 60

PYMNTS

JANUARY 22, 2021

HashCash's HC Corporate Payment will come with immediate reconciliation, real-time document sharing and automation via smart contacts, in order to enable quicker, more effective B2B payments. The blog post notes TripActions has seen the adversity of the pandemic from 2020 and is prepared to re-enter business in a changed world.

B2B 66

B2B Payments Blockchain Payee 66

PYMNTS

APRIL 14, 2020

As a treasurer, maybe you would conquer the first few things, which are visibility and reconciliation, and then you would move into other niche areas that you want to automate further to add strategic value to the business.”. Thus far in 2020, from an API adoption perspective, it’s been anything but business as usual, noted Webster.

Payment APIs and Integration 92

Payment APIs and Integration Treasury Treasury Management API 92

PYMNTS

DECEMBER 10, 2019

As Butterfield told it, the goals going forward into 2020 for cross-border payments include constructing a robust and clear and accurate cross-border payments system. Reconciliation, billing and collection practices must work in a seamless fashion,” he said.

Cross-Border Payments 55

Cross-Border Payments Cross-Border Payments Reconciliation 55

PYMNTS

SEPTEMBER 20, 2019

It will simplify the IT infrastructure, remove process duplication and enable automatic reconciliation. An offline pilot is expected to start in October and November, with a live trial planned to start in the second quarter of 2020.

Settlement 43

Settlement Duplicate Reconciliation B2B 43

PYMNTS

DECEMBER 28, 2020

While 2020 has been a monumental year for B2B payments digitization and innovation, plenty of friction still exists in the way corporate buyers pay their suppliers. In addition to new payment models coming to fruition, B2B FinTech innovation is also driving efficiencies in the post-payment workflow, especially when it comes to reconciliation.

B2B 81

B2B BNPL Payments Third-Party Service Provider 81

PYMNTS

JANUARY 9, 2020

All of that, she pointed out, is greatly enhanced with access to the full range of transaction details and data so that when reconciliation is happening later on down the chain, it can happen more efficiently and smoothly, saving time and reducing reconciliation costs. Expanding The Virtual Payments Playing Field .

B2B 57

B2B Payment Gateways Issuers Gateways 57

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. Regional Trends.

B2B 49

B2B Cross-Border Non-Bank Payment APIs and Integration 49

Stax

JUNE 25, 2024

Some of the solutions we provided included recurring ACH payments, branded in-house terminals, and expedited internal reconciliation, allowing Chrimata to exceed their user adoption goals in 2020 and increase monthly sub-merchant processing volume by over 900% – all within just two months of launch.

Payment Solutions 88

Payment Solutions Payment APIs and Integration ISVS PCI DSS 88

PYMNTS

OCTOBER 1, 2020

As reported earlier in this space, dealmaking to date in 2020 has included eCommerce-as-a-Service firm Mirakl securing a $300 million investment, and payments firm Zoop securing a $10.85 The benefits of automating this process include reduced overhead, a streamlined payment reconciliation process and a shortened payment cycle for the payee.

Embedded Payments 56

Embedded Payments B2B Payments Legal 56

Finovate

MARCH 12, 2024

PayTic’s technology serves as a central hub within the payments ecosystem, enabling users to automate reconciliation, network report generation, dispute submission, fraud detection, network fee analysis, and robust business intelligence. Founded in 2020, PayTic has raised $4 million in funding.

FinTech 59

FinTech Card Issuer Fraud Detection Issuers 59

Core

FEBRUARY 6, 2024

To ensure the integrity of government payment systems, the public sector needs proactive measures and a solid response plan to prevent government fraud in payment acceptance, processing, and reconciliation. Government Fraud Prevention: A Real-World Example In 2020, the Department of Justice (DOJ) successfully secured over $2.2

Best Practices 52

Best Practices Governance Government Fraud Prevention 52

PYMNTS

DECEMBER 12, 2019

It’s a situation that has gone from inconvenient to insufferable in just a few years, and 2020 appears to be a tipping point. The Central Bank of the Philippines is replacing a manual regulatory data process with a set of APIs that perform cross-validation, reconciliation and more.

API 52

API B2B Payment APIs and Integration Cross-Border 52