article thumbnail

Blink Payment Enters B2B Fashion Payments with Zedonk Partnership

Fintech Finance

Traditionally, brands have lacked the payment infrastructure that enables retailers to settle invoices via methods other than bank transfer – which can be expensive, slow and lead to late payments. Through payment links, retailers can settle their invoices in a faster, more convenient and more secure way compared to bank transfer.

B2B
article thumbnail

Ageras Announces Full Acquisition of Payment Reconciliation Software Company, Storebuddy

Fintech Finance

Ageras , a leading fintech platform for accounting, admin and banking software for small businesses in Europe, has completed the full acquisition of Storebuddy ; an integration software specialised in automating accounting processes for online stores.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Automation and AI Are Transforming Trade Credit and Collections

Trade Credit & Liquidity Management

Automation and artificial intelligence (AI) are transforming accounts receivable (AR) and B2B trade credit management by replacing manual, error-prone processes with intelligent, AI-driven tools. Credit decision-making, collections, cash application, deductions, and communications are greatly enhanced by AI-powered AR automation.

article thumbnail

Modern payments, outdated systems: Why growth and uncertainty demand agility

The Payments Association

Here’s how these technologies are reshaping the payments ecosystem: Stablecoins are transforming cross-border payments by providing faster, cheaper alternatives to traditional transfers. In fact, a staggering 90% of firms still use spreadsheets for payment reconciliation.

article thumbnail

What is Reconciliation in Payments

Clearly Payments

How Does Payment Reconciliation Work? The payment reconciliation process usually involves a few key steps: 1. Common reasons include: Payment processing fees Refunds or chargebacks Timing differences (i.e., Bank Reconciliation This compares a companys internal payment records with its bank statement.

article thumbnail

Modernizing Government Payment Systems for Efficiency and Trust

Clearly Payments

The Case for Modernizing Payment Systems Modernizing payment processing systems can unlock a host of benefits for government agencies: Enhanced Efficiency: Automated processes reduce manual errors, speed up payment reconciliation, and lower operational costs.

article thumbnail

Navigating AML obligations in the age of virtual IBANs

The Payments Association

Payment Service Providers must strengthen due diligence, monitoring, and collaboration with regulators to address these risks. Virtual IBANs (vIBANs) have become a key component of modern payment systems, enhancing payment reconciliation and facilitating cross-border transactions.