PYMNTS

NOVEMBER 23, 2020

The way entrepreneurs are managing their businesses — and their businesses' finances — is changing, with complexities and pain points multiplying. All About Cash Flow. That need has only grown amid market uncertainty, leaving opportunity for FinTech solutions to support seamless payments and cash management tools for SMBs.

Finance 106

Finance Payment Gateways Small Business Gateways 106

The Fintech Times

FEBRUARY 27, 2025

Analysing real-time financial data Rob Israch, president, Tipalti, For Rob Israch , president, Tipalti , the firm automating finances, there are two primary ways in which fintech and AI have joined forces to improve the industry: quicker data analysis and better compliance. AI-optimised platforms are replacing expensive, manual approaches.

AI 76

AI FinTech Fraud Detection Automation 76

The Fintech Times

DECEMBER 18, 2024

KEO World , a fintech specialising in B2B digital payments and inventory financing, is expanding its operations to Brazil in partnership with BTG Pactual Bank SA , one of the largest investment banks in Latin America.

B2B 59

B2B Payments Reconciliation Cash Management 59

Fintech Finance

SEPTEMBER 18, 2024

Checkout.com , a leading global digital payments provider, and Slope , a B2B financing platform for enterprise companies, today announced the beginning of a strategic partnership to boost payment performance for US enterprise merchants. The partnership has already proved successful.

B2B 98

B2B Reconciliation Payments Risk Assessment 98

Nanonets

APRIL 2, 2024

Importance of bank reconciliation in internal control In the world of finance and accounting, accuracy is key. Whether you're managing personal finances or running a business, keeping precise records is crucial for financial health. What Is a Bank Reconciliation?

Reconciliation 52

Reconciliation Adjustments Automation Regulatory Compliance 52

PYMNTS

OCTOBER 4, 2017

Payments software firm B2 Group is rolling out a mobile cash management solution for the corporate treasurer. 3) that it is rolling out its Mobile Cash Management (MCM) service, a tool that comes with a mobile app for smartphones and tablets. The company announced news on Tuesday (Oct.

Cash Management 40

Cash Management Debit Card Reconciliation Real Time Payments 40

Nanonets

JULY 21, 2023

To ensure the integrity of financial data, accountants and bookkeepers rely on the general ledger account reconciliation process. This process involves comparing general ledger accounts with supporting documents using reconciliation software to identify discrepancies and take corrective measures. What is reconciliation software?

Reconciliation 52

Reconciliation Payment APIs and Integration Automation Online and Mobile Banking 52

PYMNTS

DECEMBER 2, 2020

Sage has unveiled a new partnership with Satago , a cash management and finance program for small firms and accounting professionals, according to an announcement. based Advantedge Commercial Finance, according to a Tuesday (Dec. Alternative Lender eCapital Buys UK-Based Advantedge Commercial. 1) press release.

Cash Management 57

Cash Management B2B Cross-Border Payments 57

PYMNTS

FEBRUARY 1, 2021

Although the purpose of digitization in the finance department is, in many cases, to strengthen cash management, the effect of so many siloed systems can actually be quite different. As Berghald explained, that’s because each critical function — from invoicing to payment to accounting — all occur separately from each other.

Payment APIs and Integration 82

Payment APIs and Integration Finance API Facilitators 82

Fintech News

JANUARY 30, 2024

Super apps with embedded finance capabilities have been one of the dominant payments across Asia even before 2024. Tokenisation and Blockchain to Secure Transactions The tokenisation market and blockchain-based decentralised finance (DeFi) systems are gaining significant traction in the payments sector.

Payments Trends 120

Payments Trends Digital Currency Cross-Border Payments Distributed Ledger Technology (DLT) 120

The Fintech Times

JANUARY 21, 2025

Offa , the UK Islamic property finance fintech, is joining Connect IFA , a specialist mortgage brokerage network. It plans to leverage its Islamic finance industry experience via engagement with Connect IFA through events and webinars to raise awareness of its ethical finance products, designed in accordance with Islamic finance principles.

FinTech 59

FinTech Payment APIs and Integration Multi-Currency Online and Mobile Banking 59

Fintech Finance

SEPTEMBER 18, 2024

Through this agreement, Capgemini will mobilize its team of experts on AutoRek’s reconciliation solution and guide AutoRek’s clients with day-to-day support of implementations. Alastair MacKenzie, Head of Strategic Partnerships at AutoRek comments: “ AutoRek is on a mission to set the benchmark in trust for finance operations and controls.

Reconciliation 52

Reconciliation Payment Reconciliation Cash Management Agreements 52

PYMNTS

FEBRUARY 1, 2021

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. Rather, Sinha explained, corporate treasurers and CFOs today are grappling with evolving business models and transforming cash management strategies.

B2B 94

B2B Payment APIs and Integration Treasury Cash Management 94

Fintech Finance

SEPTEMBER 11, 2024

Over 80% still use manual, paper-based processes for accounts reconciliation resulting in nearly 7% of corporate revenue being tied up within the value chain. Instant payments and open finance [2] can present a new path forward for these enterprises by offering real-time cash visibility.

Instant Payments 98

Instant Payments Accounts Innovation Non-Bank 98

PYMNTS

OCTOBER 19, 2016

But the benefits to accurate cash predictability are universal across companies of all sizes. Rahal pointed to the ability for businesses to foresee whether they will need to access external financing should they be short on cash in the coming months, key to making payroll and supplier payments, for instance. ” .

Payment Gateways 77

Payment Gateways Gateways Small Business Reconciliation 77

PYMNTS

OCTOBER 6, 2016

. “Business uptake of mobile payments is gathering significant pace, as the functionality and flexibility of this channel gains trust and acceptance in finance and treasury departments globally,” said HSBC Global Head of eCommerce, Global Liquidity and Cash Management Nadya Hijazi. ”

Mobile Payments 63

Mobile Payments Cross-Border Payments Payments Cross-Border 63

Fintech Finance

JANUARY 30, 2024

BNY Mellon (NYSE: BK) has announced the launch of Virtual Account Based Solutions, a new cash management solution providing clients with enhanced access to and control of cash administration activities and reporting capabilities. The post BNY Mellon Launches Virtual Account-Based Solutions appeared first on Fintech Finance.

Accounts 52

Accounts Wire Wires ACH 52

Fintech Finance

NOVEMBER 14, 2024

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.

Online and Mobile Banking 52

Online and Mobile Banking Product Cash Management Treasury 52

Fintech Finance

MARCH 7, 2024

Automated processes to enable effective cash and liquidity management As a leading digital payment and digital banking solutions provider, FOMO Pay empowers merchants and financial institutions worldwide by facilitating seamless transactions in both fiat and digital payment tokens.

Treasury 52

Treasury Compliance Cash Management SWIFT 52

PYMNTS

NOVEMBER 7, 2017

The accounts receivable solution enables companies to gain visibility into incoming payments for greater working capital management, Citi explained. It aims to reduce Days Sales Outstanding and supports streamlined reconciliation.

Payer 48

Payer Payment APIs and Integration Treasury Master Account 48

PYMNTS

MARCH 6, 2019

One area where elimination of such processes can be of benefit is treasury management — specifically, reconciliation of transactions and liquidity management. Yet, corporate finance especially is “operating, more or less, the same [way] it has for 20 years prior.

Treasury Management 75

Treasury Management Treasury Blockchain Distributed Ledger Technology (DLT) 75

Fintech Finance

DECEMBER 17, 2024

KEO World (KEO ), a fintech leader in B2B digital payments and inventory financing, today announced that it has taken a significant step in its expansion. The post KEO World and American Express Announce the Launch of the Workeo B2B Platform in Brazil appeared first on FF News | Fintech Finance.

B2B 52

B2B Agreements Reconciliation Digital Payments 52

The Fintech Times

SEPTEMBER 20, 2024

B2B financing platform Slope, was born out of a need to solve the cash flow problem many firms experienced during the COVID-19 pandemic. It provides short-term financing and simple payment options for the B2B sector. This will help it tackle cash flow management issues and streamline operations.

B2B 59

B2B Payment Solutions Reconciliation ACH 59

PYMNTS

JULY 2, 2020

Leavitt , founder and CEO of Boost Payment Solutions , said commercial card programs are now coming to the forefront of AP departments’ priority lists when delaying payments is no longer the most viable, or effective, cash management option. “It’s also the ergonomics of it.

Commercial Card 104

Commercial Card Push-to-Card B2B Card Issuer 104

Fintech Finance

FEBRUARY 29, 2024

Volt’s licence will enable it to evolve its cash management product, Connect, from which virtual accounts will now be issued to merchants. The post Volt granted UK EMI licence from FCA appeared first on Fintech Finance. The EMI licence will also enable Volt to offer virtual accounts as a standalone product.

Real Time Payments 52

Real Time Payments Cash Management Payment Initiation Reconciliation 52

PYMNTS

MARCH 27, 2019

“By streamlining supplier onboarding, tax compliance, invoice processing, global payments and payment reconciliation, Tipalti helps modern finance organizations strategically scale more rapidly and efficiently.” The enhanced integration aims to strengthen control and communication for both ends of the transaction.

B2B 46

B2B Reconciliation Payment Reconciliation PayPal 46

PYMNTS

JANUARY 26, 2017

Cross-border payments, trade finance, smart contracts — blockchain has the potential to disrupt B2B processes, but FinTech players are only beginning to take these concepts onto a real-world stage. Real-time payments and reconciliation, the company added, could be a major boost to corporate cash management efforts, too.

Blockchain 57

Blockchain Cross-Border Payments B2B Cross-Border 57

PYMNTS

NOVEMBER 4, 2016

But as finance and payments tech expands, these traditional FIs are learning that perhaps the best way to meet the demands of their corporate clients isn’t to compete with FinTech innovators but to collaborate with them. . But this use case can easily be applied to other industries, too.

Treasury Management 79

Treasury Management Treasury Innovation Blockchain 79

PYMNTS

NOVEMBER 21, 2017

New research from payments processor Mastercard and software company Karmic Labs suggests small- and medium-sized businesses (SMBs) are embracing an array of payment rails, but managing them all means added complexity to the already challenging task of managing finances. The Case For Prepaid.

Visa 43

Visa B2B Credit Cards Small Business 43

PYMNTS

AUGUST 6, 2018

REPAY and InterProse added that their partnership aims to cut redundancies in their offerings, eliminating the double-posting of payments in both systems to streamline reconciliation. Their collaboration means businesses will have more ways to accept payments, including bank transfers and card products. per document.

Accounts 40

Accounts Reconciliation ACH Mitigation 40

PYMNTS

JANUARY 29, 2020

When it comes to helping corporates manage their supply chains, traditional banks tend to focus on the financing aspect via trade finance, factoring or other such products. Banks’ factoring and trade finance offering, for example, can improve origination and underwriting processes by analyzing clients’ P2P data.

P2P 52

P2P Lockbox Value Added Service Payment Reconciliation 52

PYMNTS

JUNE 22, 2016

In B2B payments, accounts payable automation is a hot topic, as are the challenges AP professionals face when it comes to paying suppliers and managing the data from those transactions. But a new report from Corcentric , written by the Institute of Finance & Management (IOFM), details the hurdles on the other side of the payment.

Automation 42

Automation Accounts Payments Disputes 42

Fintech Finance

MAY 21, 2024

Swift’s plan was developed with a working group of 25 leading cash management banks and 20 sector-leading corporates, including Roche and Saudi Aramco.

ISO 20022 59

ISO 20022 SWIFT Cross-Border Payments Cross-Border 59

PYMNTS

JULY 4, 2016

More than 40 percent of companies surveyed said they operate with more than five cash management banks; a third said they are working with more than 20 banks. ” “Treasurers are trying to understand how they can do more to manage fraud,” the executives continued. “What we see in the U.S.

Treasury 41

Treasury Payments Fraud Detection Cross-Border 41

PYMNTS

SEPTEMBER 17, 2019

Operating as a funding agent will broaden community banking participation in RTP, Bankers’ Bank said, adding that it will also build a 24/7 liquidity management solution for RTP transactions within its cash management suite of services. FinTechs Move Money To Vendors Faster. Marie Aloisi in a statement.

B2B 43

B2B RTP Bankers' Bank Accounts 43

PYMNTS

OCTOBER 31, 2019

It’s great to get a check, or wire, or ACH, but if you don’t know what it’s to be applied to, you have a huge cash application and reconciliation challenge.”. Increasingly, companies are receiving payments not only via paper check, but in a variety of electronic methods.

Lockbox 43

Lockbox Remittance Data Checks RTP 43

PYMNTS

AUGUST 9, 2019

With notoriously tight margins, continued reliance on cash and paper and products that are easily perishable or damaged, restaurants face a slew of hurdles in managing cash flow and gaining visibility into their current cash positions. We also have some vendors who, their primary business is not payments.

Point-of-Sale (POS) 43

Point-of-Sale (POS) Checks Finance Accounts 43