PYMNTS

AUGUST 3, 2017

Maybe you’re not willing to pay the wire transfer fees for every payment. Maybe you’re not willing to give up your account information to accept an ACH transfer with one particular customer. “We have five different payment rails and each has its advantages and disadvantages,” he said. Maybe you’re not a merchant.”.

Cash Management 43

Cash Management Commercial Card Push-to-Card B2B 43

Nanonets

APRIL 7, 2023

Cash management, or effective treasury management, can often be the deciding factor for the success or failure of tech startups. To achieve success, it is crucial to manage cash flow, particularly the "burn rate," which refers to the rate at which money is spent before reaching profitability.

Treasury Management 98

Treasury Management Treasury Due Diligence Wire Transfer 98

PYMNTS

MAY 29, 2020

We noted then that JPMorgan is providing cash management services for the exchanges’ U.S. customers, and reportedly will process wire transfers, deposits and withdrawals from the Automated Clearing House (ACH) network.

Bitcoin 74

Bitcoin Wire Transfer ACH Network Money Laundering 74

PYMNTS

APRIL 17, 2018

Researchers found trade finance and international wire transfers were the services most severely limited as a result of fewer correspondent banking relationships. Islamic banks in Southeast Asia added that cash management services were most impacted for them.

Correspondent 44

Correspondent Correspondent Bank Wire Transfer Money Laundering 44

PYMNTS

JANUARY 8, 2021

Automation’s long march to the present day finds automation grinding out new solutions to cash management issues during a topsy-turvy economic time. Cash Management Moving in Virtual Directions. Back in 1785, a fellow by the name of Evans invented the first fully automated industrial process — a water-powered flour mill.

Cross-Border 61

Cross-Border B2B Automation Cross-Border Payments 61

PYMNTS

NOVEMBER 2, 2020

Data flows and transparency can help corporate treasurers and chief financial officers act strategically in day-to-day cash management and optimize working capital as they break down silos within their own companies. They want the data [and] they want the information,” said Phalen.

B2B 119

B2B Cross-Border Digital Currency Multi-Currency 119

Payment Savvy

FEBRUARY 24, 2023

Overhead Costs: High overhead costs, such as rent, utilities, and salaries, can be difficult to manage, especially during slow periods of business. Poor Sales : A decline in sales or revenue can put pressure on cash flow, especially if expenses remain unchanged.

Real Time Payments 98

Real Time Payments Payments Risk Cash Management 98

PYMNTS

DECEMBER 12, 2017

Paper checks for domestic suppliers, wire transfers for international ones. That’s the status quo in corporate payments, and it’s not only creating friction for the business payer; it’s creating headaches for small business (SMB) accounting too.

Accounts 44

Accounts Wire Transfer Wire Wires 44

PYMNTS

FEBRUARY 3, 2017

Through this and other innovations, we strive to maintain our position as the provider of choice for companies with increasingly complex cash management needs.”. Clients can now process their cross-border payments in a convenient and economical way,” said Ather Williams, head of Global Transaction Services, in the press release.

ACH 40

ACH Cross-Border Wire Transfer Cross-Border Payments 40

PYMNTS

JUNE 7, 2016

As Cornell, international students typically would have to send a wire transfer through their international bank and then have the funds come through to a local bank branch near the university. THE WIRE TRANSFER ALTERNATIVE.

Wire Transfer 42

Wire Transfer Cross-Border Payments Wire Wires 42

PYMNTS

JUNE 1, 2016

Finally, one-quarter of small business owners said they expect to see an increase in their use of wire transfers thanks to online banking, with 8 percent anticipating an increase through mobile banking. Researchers also found shifts in the way these business owners are managing their cash.

Online and Mobile Banking 41

Online and Mobile Banking Wire Transfer Small Business Mobile Banking 41

PYMNTS

MAY 12, 2020

The bank is providing cash-management services for the exchanges’ U.S. customers, and reportedly will process wire transfers, deposits and withdrawals from the Automated Clearing House Network. According to the Journal’s unnamed sources, this is the first time JPM is taking on corporate clients from that industry.

Bitcoin 60

Bitcoin FBI Cryptocurrency Scams 60

PYMNTS

JANUARY 28, 2021

The complexities of corporate cash management — particularly across borders and currencies — means that a broad range of treasury and CFO functions are getting the high-tech, outsourced treatment.

Process 60

Process Treasury Treasury Management FedWire 60

PYMNTS

JUNE 3, 2016

“There is real demand out there, and small businesses are hungry for these types of services,” like digital cash management tools, Shaw explained to PYMNTS. “Banks have a window right now to take advantage of that.” Just do it for me.”

Online and Mobile Banking 42

Online and Mobile Banking Small Business Wire Transfer Value Added Service 42

PYMNTS

MARCH 29, 2018

for instance, the reason wire transfers haven’t been cannibalized is that corporates are either making too few wires for it to be worthwhile to change the business process, or they’re making enough so they could negotiate good discounts with the wire transfer providers, so why would they change that?”. In the U.K.,

Real Time Payments 43

Real Time Payments Consumer Wire Wires 43

PYMNTS

NOVEMBER 6, 2018

” The launch of the EPL solution follows Santander’s rollout of Treasury Link last year, a cash management solution providing streamlined access into data about accounts, transactions, balances and other corporate treasury functions.

Wire 62

Wire Wires Treasury ACH 62

PYMNTS

APRIL 30, 2018

” In a survey of treasurers, cash management professionals, CFOs and other professionals in the treasury department, researchers found that nearly two-thirds of respondents (61 percent) feel they are in a better position this year to combat fraud within their organizations compared to last year.

Email Compromise 59

Email Compromise Ransomware Treasury Wire 59

PYMNTS

JUNE 20, 2016

Examine the latest research to grasp just how cumbersome modern cash management can be. $3 Cybercrime involving email scams are on the rise, as businesses and their AP officials receive these fraudulent emails that seemingly request legitimate money transfers by posing as a corporate executive or a supplier requesting payment.

Email Compromise 41

Email Compromise Bitcoin APACS Wire Transfer 41

PYMNTS

JUNE 22, 2016

And as one of the largest industries impacting the global economy, the oil and gas sector must push through the pressures of high-volume cash management, regulation and even influences from its own labor force. . Oil and gas is big business, with monumental funds at stake when it comes to B2B transactions. ” . .

B2B 40

B2B Payments Wire Transfer Push-to-Card 40

Nanonets

NOVEMBER 16, 2023

  Internal controls for accounts payable are a set of standards and requirements that make AP processes more efficient, reduce business risks associated with the function, and optimize long-term cash management. Even better, consider switching to ACH payments or wire transfers instead of printed checks.

Accounts 52

Accounts Best Practices Duplicate Checks 52