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Asia-Pacific’s Anti-Cash Migration Spreads To Corporates

PYMNTS

Researchers forecast mobile payments to account for $1 trillion in transactions next year. “Things like digital invoicing, virtual cards and cloud-based finance and accounting will help the bottom line of smaller businesses by enabling them to process and receive payments quickly,” he stated.

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How AR-AP Connectivity Works To Deepen Buyer-Supplier Ties

PYMNTS

As more technology emerges to sit between a company’s accounts payable (AP) platform and its vendor’s accounts receivable (AR) portal, service providers are looking to ease friction in a multitude of ways, from accelerating payments and cash flows to easing contract negotiations. Crowdz Pilots Invoice Crowdfunding.

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Procurement Is Ground Zero For Cybersecurity Protection

PYMNTS

“The tools they have are to go tear up the floorboards and assess those organizations — to send out a team of people to do security audits, inspections, questionnaires. “Regulators are requiring banks to be accountable for vendor performance, and one of the key risks with vendors is their security,” Clare stated.

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Supplier Management Attracts $12M In Venture Capital

PYMNTS

SirionLabs provides multinational companies with a way to manage and analyze supplier contracts and provide auditing and other solutions with the information. “Traditional procurement technology doesn’t cut the ice; managing the vendor after signature is the order of the day.”

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Bridging Banking Gaps For Cannabis Companies

PYMNTS

There are security costs, theft risk, tracking of how cash is used, vendor management, the lack of payroll infrastructure in place, the 10+ percent premium charged for paying taxes with cash, cash courier services and the sheer amount of time required day in and out to manage the flow of paper bills. “At

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