Remove Cash Management Remove Finance Remove Lockbox
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How AR Can Usher The Legacy Lockbox Into The Digital Age

PYMNTS

Take the lockbox, for example. It’s a service designed around the ubiquity of the paper check, and with checks still a popular payment tool in B2B transactions, lockbox services remain in high-demand. Lockbox services may seem outdated in today’s ecosystem of electronic payments and cloud-based financial management platforms.

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Santander Commercial Bank Delivers New Products and Digital Capabilities to Drive More Seamless Client Experiences

Fintech Finance

Santander” or “the Bank”) announced today that is has expanded its suite of digital cash management solutions to enhance the commercial client experience while reducing its overall cost to serve. ” said Michael Lee, Senior Executive Vice President and Managing Director of Commercial Banking at Santander Bank.

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Paystand Acquires Teampay for Giant Leap Toward B2B Payments Revolution

Fintech Finance

he acquisition marks the next step in Paystand’s trajectory towards building an industry-wide decentralized finance (DeFi) network, once considered a pipe dream, capable of connecting buyers and suppliers at scale. This brings zero-fee blockchain payment technology further into the heart of the traditional finance technology stack.

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Why Corporate Banks’ Should Seize Purchase-To-Pay Data Opportunity

PYMNTS

Another major hurdle unique to the purchase-to-pay space is the process’s deep touch points with an array of other back-office functions within the enterprise, including vendor management, product sourcing, accounts payable, accounting, inventory management, contract management, manufacturing and distribution, and more.

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