PYMNTS

JULY 22, 2019

The takeover of Switzerland-based STEPcom will enhance Canada-based Descartes’ current offering by adding STEPcom’s B2B supply chain integration solutions to its product suite. The takeover also presents new opportunities for Descartes to aggregate a broader range of supply chain data starting earlier in the B2B transaction cycle.

Risk Mitigation

PYMNTS

MARCH 29, 2018

This creates an interesting predicament for B2B payments disruptors: Should technology be used to make paper checks less friction-filled, or should it be used to entice businesses away from the paper check altogether? Chanda explained Paymerang’s role is to handle that extra work for clients, including risk mitigation and data digitization.

Checks

PYMNTS

OCTOBER 17, 2016

This week, in our B2B Data Digest, PYMNTS examines how technology is both making life easier and harder for small business owners throughout the globe. That hurdle was the top listed by survey respondents, though risk mitigation, revenue growth promotion and financial analysis were also commonly cited.

Technology

PYMNTS

JUNE 24, 2019

In a press release , Capital One pointed to augmented B2B finance capabilities as a result of the takeover, particularly for small and medium-sized businesses (SMBs). BlueTarp targets SMBs with accounts receivable management, cash flow tools, risk mitigation solutions and trade credit financing offerings.

Acquirers

PYMNTS

APRIL 10, 2019

Indeed, the report concluded, high-profile data breaches and cyberattacks may be “causing some executives to conclude that their organization’s approach to risk management may not be as strong as they once perceived it to be.”. Maturing Risk Strategies. Talent Management, Economic Disruption.

Risk

PYMNTS

MARCH 8, 2019

Through the partnership, Zurich Insurance Group will provide corporate customers with riskmethods’ supply chain risk identification and management technologies. Risk management is about identifying, assessing and controlling risk from an operational level and making decisions to balance the benefits,” she said.

Risk

PYMNTS

MARCH 14, 2017

The executive said the research reflects businesses’ desire to have a streamlined banking experience. Forty percent of businesses said their current financial service provider cannot help in their international expansion, while nearly half said their current provider does not offer FX tools like analytics and risk mitigation.

Cross-Border Payments

PYMNTS

SEPTEMBER 21, 2019

In this context, the House Financial Services Committee’s Task Force on Artificial Intelligence met earlier this month to discuss the rising threat of small business cyberattacks, the role of technology in combatting it, and the potential for regulation to address security risks.

Data Breach

PYMNTS

OCTOBER 23, 2020

It's for this reason that cybersecurity risks have climbed to the top of procurement professionals' minds as they develop their supplier management strategies. But third-party risk is complex and multifaceted, demanding a juggling act of coordination, collaboration and research. Risk Focus In Flux. Thinking Ahead.

Risk

PYMNTS

JANUARY 24, 2019

Understanding exposure to risk is essential for companies today, and Dun & Bradstreet (D&B) research suggests awareness is strong, with U.S. procurement professionals identifying supplier due diligence, internal compliance training, social governance efforts and continued vendor monitoring as the biggest concerns.

Compliance

PYMNTS

MARCH 3, 2017

Citi released a new report this week warning corporate treasurers to improve their FX risk mitigation efforts. Most of the companies surveyed have mature FX risk mitigation solutions deployed in their enterprises, the research found. The bank said Thursday (Mar. The bank said Thursday (Mar.

Risk Mitigation

PYMNTS

JUNE 12, 2017

Strategic Treasurer and Bottomline Technologies recently published a joint report on the B2B payments landscape: B2B payments + WCM Strategies. Globalization brings new opportunities for businesses but gives rise to new complexities, including cross-border payments, compliance, risk mitigation and accounting.

Payer

PYMNTS

MARCH 5, 2018

Business-to-business (B2B) trade, especially when deals occur across borders, expose businesses to all sorts of risks, like non-payment (on the supplier’s side), or non-deliver (on the buyer’s side). Research from Atradius released in 2016 found that risks down the supply chain are 75 percent higher than they were pre-financial crisis.

Risk

PYMNTS

MARCH 15, 2017

In this week’s Brexit Tracker , Scotland makes a strong statement on independence, the catalyst for changing global B2B payments and the bill to trigger Article 50 could become law any day now. The executive said the research reflects businesses’ desire to have a streamlined banking experience. Scotland Demands Independence.

Cross-Border Payments

PYMNTS

APRIL 26, 2018

The growing complexity of international supply chains inevitably adds complexity to risk mitigation and increases risk exposure to all players involved. Once, a company’s top supplier-related risk may have been the threat of a vendor going out of business, or goods failing to make it to their destination on time.

Risk Management

PYMNTS

JANUARY 24, 2019

Some experts have warned that government entities’ focus on procurement cybersecurity could lead vendors, particularly small contractors, to lose out on business if their own cybersecurity and supply chain risk mitigation initiatives are subpar. ”

Cybersecurity

PYMNTS

JANUARY 22, 2019

Corporate treasurers are exploring AI for their own cash management and forecasting needs, while AI is also being explored among both traditional and alternative finance players for risk mitigation and underwriting purposes.

AI

PYMNTS

JANUARY 31, 2019

.” The report also issued a slight warning to the industry: While faster payment innovations and technologies are progressing, solutions “tend to focus on technology more than risk,” with less attention paid to risk mitigation and legality than to speed. “As the U.S. trillion in the U.S. a decade ago.

Faster Payments

PYMNTS

NOVEMBER 30, 2018

With more than $370 million raised by B2B startups this week, investors are showing their support for companies that help other businesses embrace digitization. In addition to the new funding, Deskera announced the debut of its B2B eCommerce platform Desk, allowing small businesses to buy and sell online.

Process

PYMNTS

DECEMBER 7, 2018

Retailers love taking on new products, but they have to have a way of managing risk that something might happen.”. Insurance requirements are symptomatic of the importance of risk mitigation and trust in the buyer-supplier relationship for the CPG market. “Especially for suppliers that are in their earlier stage.

Product

PYMNTS

MARCH 10, 2020

A differentiated approach to SMB data collection yields enhanced risk mitigation and underwriting capabilities that can expand capital to SMBs that would otherwise be unable to access funding from a traditional bank. Improving The SMB Lending Experience.

Underwriting

PYMNTS

DECEMBER 11, 2018

On the whole, researchers noted, the c-suite perceives 2019 risks as greater than in years past. To conduct its research , Protiviti provided c-level executives with a list of 30 risks, including macroeconomic, strategic and operational.

Mitigation

PYMNTS

SEPTEMBER 4, 2018

With companies paying suppliers on strategic schedules, real-time transactions aren’t always necessary — or beneficial — for the B2B payments space. NACHA found B2B payments made up 6 percent of the nearly 2 million same-day ACH transactions that occurred in the first 11 days the service went live. In the U.S.,

Faster Payments

PYMNTS

OCTOBER 16, 2018

There is widespread opportunity for FinTech to enhance visibility into the B2B payments process in the construction space, promote faster electronic payments and boost cash flow visibility. Separate Contract Simply research found that it takes a lender an average of 5.5

Mitigation

PYMNTS

MAY 8, 2018

CFOs surveyed agreed that technology could help with strategic spend management: 60 percent told researchers that they agreed process or technology improvement was key to improving cost management. Earlier research from Runzheimer, for instance, found that managers lack visibility into the spend of their mobile employees.

Risk Mitigation

PYMNTS

MARCH 16, 2018

But APIs can offer a different strategic advantage, especially to B2B FinTechs, according to A.J. Research released last year by Deloitte in its Global Corporate Treasury Survey 2017 found foreign exchange risk management remains a key function for treasurers. It’s a sentiment echoed throughout the B2B FinTech market.

Treasury

PYMNTS

SEPTEMBER 7, 2018

Temenos published research last year, signalin g a rising appetite for customers to switch their banking providers. Corporate treasurers said they would switch for elevated risk mitigation and liquidity management services.

Risk Mitigation

PYMNTS

SEPTEMBER 29, 2017

Managing Risk. One of the most crucial areas for banks’ treasuries is risk mitigation , which, according to Beaulande, has become more complex as it relates to other areas of treasury management. The ABA also found banks are increasingly turning to third-party providers to help manage risk and maintain compliance.

Treasury

PYMNTS

JULY 13, 2016

Farrell said corporations are vocal about their concerns regarding supplier risk. “Risk mitigation and managing any relationship with an eye on risk is something that customers of all sizes are looking at,” said Farrell. ” Research has also given reason to pay attention to vendor risk mitigation.

Risk Mitigation

PYMNTS

JUNE 8, 2018

There is a clear pattern in B2B FinTech investment. The new funds will be used for increased research and development, sales and marketing investments, the company said in a press release. BlueVine also noted in a press release that it plans to focus on research and development hiring.

Blockchain

PYMNTS

JUNE 25, 2019

Susquehanna International Group’s Senior Equity Research Analyst Mehdi Hosseini told the publication that, while there is “some flexibility” for certain Apple products, the company’s demand for skilled labor and inventory hubs means “it would take time” for suppliers to complete the change.

Risk Mitigation

PYMNTS

JUNE 7, 2018

In a survey of B2B buying organizations conducted by SnapApp and Heinz Marketing last year, researchers found that millennial corporate buyers rank their personal relationships with suppliers as the most effective way to evaluate products and services that vendors offer.

Duplicate

PYMNTS

MARCH 30, 2017

He added that some services, like those offered by Money Mover, allow a small business to lock in an FX rate to mitigate against fluctuations. The company cited its own research that found an SME making 12 payments a year of £50,000 (about $62,000), locking in FX rates through services like Money Mover’s, could save £17,580 (about $22,000).

Cross-Border

PYMNTS

JUNE 15, 2016

Western Union Business Solutions is targeting Hong Kong SMEs in an effort to support their interest in FX hedging and risk mitigation. Cross-border operations can expose companies to an array of risks, including foreign exchange risk. . A higher-than-expected payment, the firm noted, can thwart business growth.

Cross-Border

PYMNTS

NOVEMBER 12, 2018

However, despite the limited reach of the research, those corporate responses do offer insight into how they’re preparing for the future of business payments. Put simply, the vast majority of businesses are expecting the digitization of B2B payments to impact their firms in the coming three years.

Innovation

PYMNTS

JUNE 15, 2018

Financial analytics firm RapidRatings and procurement technology company SynerTrade are collaborating on a solution for companies to mitigate procurement risk. RapidRatings, owned by FHR Network , is integrating its Risk Management API technology into the SynerTrade Accelerate Platform. . ”

Risk Management

PYMNTS

MAY 10, 2018

In a statement at the time, the FI’s CEO, Rana Kapoor, said the B2B payment landscape was in the midst of a “tectonic shift with the influx of new financial technologies revolutionizing the way banking services are offered to corporate and retail customers.” Rising Risks, Demand For Digitization: A Double Threat.

SWIFT