PYMNTS

DECEMBER 3, 2020

The digital shift brought on by the coronavirus has caused treasury banks to reprioritize their support of digital payments as consumers and merchants increasingly demand fast, easy and secure ways to get their money. Hernandez touts end-to-end solutions like Mastercard Send as the kind of solution that many treasury banks are adopting.

Treasury 89

Treasury Prioritization Banking B2B 89

PYMNTS

DECEMBER 28, 2020

And as FinTechs continue to challenge banks, but also offer new opportunities within the B2B space, they’re advancing a corollary to the build vs. buy question: How about partnerships? The question is seemingly an eternal one in the business realm: build vs. buy. Cost is only one consideration.

B2B 86

B2B Accounts Payable Treasury Reconciliations 86

PYMNTS

SEPTEMBER 19, 2018

The treasury management unit of PNC Bank is joining RippleNet, the firm said on Wednesday (Sept. PNC Treasury Management joined the Ripple cross-border payments network that uses blockchain to facilitate global transactions.

Treasury 77

Treasury B2B Invoicing Banking 77

PYMNTS

AUGUST 14, 2020

Disruption is hitting both the B2C and B2B arenas, and while it would seem they are two opposite ends of the spectrum, these ecosystems share commonalities in the kinds of trends that force sellers to modernize their market strategies. Treasury is very well-positioned to handle all of these activities,” added Sinha. trillion by 2021.

eCommerce 118

eCommerce B2C Treasury B2B 118

PYMNTS

OCTOBER 20, 2020

In the bid to modernize B2B payments , accounts receivable (AR) and accounts payable (AP) need to work together. As part of the ongoing B2B Payments PYMNTS TV programming, Alan Koenigsberg , global head of new payment flows at Visa New Business Solutions, and five panelists weighed in on how business payment flows can be redefined.

B2B 104

B2B Accounts Payable Treasury Invoicing 104

PYMNTS

FEBRUARY 1, 2021

If at that time, someone would have asked Citi Managing Director and Global Head of Domestic Payments and Receivables Anupam Sinha how long it would take for corporate treasury organizations to fully embrace digital , he said his answer would likely have been something along the lines of, “Don’t hold your breath.”.

B2B 94

B2B Treasury Accounts Payable Cash Management 94

PYMNTS

MARCH 26, 2019

Citi’s Treasury and Trade Solutions , a unit of Citi, announced Tuesday (March 26) it is developing a new business unit that will enable consumers to make digital payments to institutions. Our mission is to power frictionless payment acceptance with nimble technology.

Treasury 76

Treasury Leadership B2B Banking 76

PYMNTS

OCTOBER 28, 2020

B2B ’s pain points when it comes to payments are well known — where paper checks dominate, where even the fax machine makes an appearance. Along the way, they said, the B2B payments landscape itself will be transformed, chiefly through digitalization and verticalization. Interconnectivity And Embedded Finance.

B2B 97

B2B Entertainment Transportation Invoicing 97

PYMNTS

OCTOBER 6, 2020

At least insofar as 2020 has shaped up, and especially where B2B payments have been concerned. She recommended (regardless of industry), the adoption of treasury workstations, which prove invaluable for real-time updates. Improving the B2B Customer Experience. “April is the cruelest month,” wrote TS Eliot. The Supply Chains.

B2B 84

B2B Treasury Communication Accounts Payable 84

PYMNTS

JULY 1, 2020

Treasury will not be rolling out a proposed emergency coronavirus funding scheme that would have sent billions to providers of supply chain finance, according to Sky News. Two months ago, the Treasury had asked for feedback on the scheme to help funnel more money to businesses hurting for cash in the pandemic.

Treasury 91

Treasury Corporate Finance Invoicing Finance 91

PYMNTS

JUNE 14, 2020

Coupa Software , which works in business spend management, announced that it has acquired treasury management software BELLIN Group , according to a press release. “I found that the solutions available to treasury professionals were wholly inadequate and not user-friendly,” he said, according to the release.

Treasury 80

Treasury Finance B2B 80

PYMNTS

OCTOBER 13, 2020

In a panel discussion with Karen Webster, six payments, banking and FinTech executives weighed in on the very nature of change that is transforming treasury banking and corporate clients in real time. Morgan Chase ; and Brad Windbigler , head of treasury and investor relations at Western Union. Setting the Stage.

Treasury 76

Treasury Banking B2B Reconciliations 76

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. However, with technology in place, Rodrigues explained, treasury can be transformed to become the “24/7 investment arm, to support financial and broader goals for global companies.”.

Treasury 75

Treasury Auditing Foreign Exchange Pharmaceutical 75

PYMNTS

JANUARY 28, 2021

Yet for finance leaders of the enterprise, adoption of digital assets poses plenty of risks and challenges, not least of all the inability for their current treasury infrastructures to manage crypto in an integrated and compliant way. But it may not be smooth sailing ahead. We’re not just talking about the digitization of fiat,” he said.

Treasury 84

Treasury Foreign Exchange Accounts Payable Currencies 84

PYMNTS

OCTOBER 14, 2020

Paper checks still remain part-and-parcel of B2B payments for many entities, however, something that can obscure the true state of their cash flow, and that can slow the delivery of funds to waiting employees or suppliers. Digital disbursements therefore appear to be taking a greater role in treasury management.

Treasury 103

Treasury Banking B2B Invoicing 103

PYMNTS

NOVEMBER 9, 2020

“We’re all blessed in this industry that there are tools available to treasury banks and to FinTechs alike that allow those with legacy processes to modernize fairly quickly,” Dearborn said.

Accounts Payable 109

Accounts Payable B2B Treasury Accounting 109

PYMNTS

SEPTEMBER 28, 2020

This week's look at the latest in bank-FinTech collaboration and open banking initiatives finds treasury management in the spotlight. Commerce Bank has broadened its partnership with treasury management and order-to-cash solution provider HighRadius to augment its own offerings to corporate clients. HighRadius & Commerce Bank.

Treasury 81

Treasury Banking Cash Management Invoicing 81

PYMNTS

FEBRUARY 5, 2020

Recent surveys have found that many bankers and small business (SMB) owners are unaware of how to use business-to-business (B2B) APIs securely and optimally. The February B2B API Tracker explores the hesitancy toward APIs, as well as how third-party providers are using them to provide new business services. Around The B2B API World.

B2B 78

B2B eCommerce Treasury Banking 78

PYMNTS

DECEMBER 18, 2020

For the new B2B Payments Innovation Readiness Playbook: Adapting to Cash Flow Challenges Posed by the Pandemic , a PYMNTS and American Express collaboration, researchers surveyed over 2,200 treasury executives from small to large businesses across several verticals. percent), manual processes (49.2 percent) and process speed (48.4

Treasury 76

Treasury Invoicing B2B Reconciliations 76

PYMNTS

OCTOBER 6, 2020

Bank of America is rolling out three new application programming interfaces (APIs) as it supports the growing demand for up-to-the-moment data and processing in business treasury. Furthermore, those who work in treasury can access reports seamlessly and maximize the potency of their information with a CashPro reporting API.

Treasury 75

Treasury Foreign Exchange Banking Reconciliations 75

PYMNTS

AUGUST 31, 2020

In addition to steering their organizations through the murky and rocky waters of an economic downturn, treasury departments are securing a place at the decision-makers' table to offer higher-level guidance. Some may say, 'data is the next oil,' but it can't be if the company doesn't have the platform to optimize its use.".

Treasury 74

Treasury Mergers and Acquisitions (M&A) Prioritization Investments 74

PYMNTS

JANUARY 15, 2021

Investors continue to fuel the growth of the B2B technology startup community with another busy week in funding. In total, investors placed nearly $600 million for firms in the B2B payments, T&E, financial management and other B2B spaces. B2B payments FinTech Qolo has announced a $3.8 Modern Treasury.

B2B 67

B2B Finance Treasury B2C 67

PYMNTS

FEBRUARY 10, 2020

FinTech firm Fiserv is partnering with software company SAP to help worldwide B2B companies streamline payments and improve working capital, Fiserv announced on Monday (Feb. The solution also computerizes corporate treasury operations. “Brewster Home Fashions exemplifies how our continued commitment benefits customers.”

SAP 67

SAP B2B Accounts Payable B2C 67

PYMNTS

JULY 16, 2019

Treasury Secretary Steven Mnuchin believes that Facebook’s proposed cryptocurrency could pose as a national security threat. In a press conference on Monday (July 15), Mnuchin warned that Libra “could be misused by money launderers and terrorist financiers” and that it was a “national security issue.”.

Treasury 75

Treasury Securities Currencies Financial Systems 75

PYMNTS

SEPTEMBER 22, 2020

Through a collaboration with J.P.Morgan Chase, ClearBank will connect its business customers to multiple currencies as well as FX pricing information via application programming interface (API) integration, which will also link users to treasury and liquidity management solutions.

Banking 110

Banking B2B Foreign Exchange Currencies 110

PYMNTS

FEBRUARY 10, 2020

Lingering issues of trust and a foggy regulatory climate continue to hold up B2B adoption of faster payments among financial institutions (FIs), but nothing can hold it back. The latest B2B API Tracker gives numerous examples of how this is playing out. What has emerged are exciting new ways to access and monetize banking services.

B2B 59

B2B Treasury Banking eCommerce 59

PYMNTS

DECEMBER 28, 2020

PYMNTS December 2020 Global B2B Payments Playbook done in collaboration with Worldpay makes a simple, somewhat baffling observation: “Many B2B payments are [still] being made over the same rails that firms have leveraged for decades, utilizing familiar payment tools and being supported by the same pre- and post-payment systems.”.

B2B 71

B2B Cash Flow Forecasting Invoicing Leverage 71

PYMNTS

JANUARY 19, 2021

For B2B payments , the pandemic may be the final nail in the coffin of the paper check — and the plastic commercial card, too. From a technical perspective, virtualization allows firms to integrate file-based and API-based functionality into their ERP infrastructure, procure-to-pay and treasury management platforms in an automated fashion.

B2B 93

B2B Invoicing Reconciliations Treasury 93

PYMNTS

SEPTEMBER 24, 2020

The consumerization of B2B payments is taking its cue from contextual commerce. Embedding banking services inside the ERP has already shown its value to financial executives through the ability to show real time cash and intraday balances within the ERP — all without having to log into the banks’ treasury portals, Shields said.

B2B 94

B2B Banking Treasury Risk Management 94

Simply Treasury

NOVEMBER 2, 2020

How to best choose your IT treasury solution in a complex and competitive environment? The strategic and key role of treasury teams has increased steadily over last decade. At treasury level, the central technology is the calculation and processing power of Treasury Management Systems (i.e. Tech dependency of Treasury.

Treasury 130

Treasury Technology Finance Securities 130

Strategic Treasurer

DECEMBER 6, 2022

B2B Transaction Modernization: Real-Time Payments. In this episode, Craig Jeffery is joined by Jayna Bundy , the General Manager of Global Treasury & Financial Services at Microsoft. Subscribe to the Treasury Update Podcast on your favorite app! Episode 230. Host: Craig Jeffery, Strategic Treasurer. Explore All Episodes.

B2B 52

B2B Treasury Technology Finance 52

PYMNTS

AUGUST 27, 2019

26) that its corporate treasury APIs and its CitiConnect API platform have processed more than $26 billion for corporate clients. “API-based integration is one of the biggest topics across the industry,” said Naveed Sultan, Citi’s global head of treasury and trade solutions, in a statement at the time. ”

Treasury 63

Treasury Foreign Exchange Banking Numbers 63

PYMNTS

JULY 28, 2020

Their hesitancy isn’t without reason: CFOs and finance teams can find it a monumental task to overhaul manual systems and processes that have been in place for years — and understanding the first step to B2B payments digitization can be a dizzying task. Strengthening B2B Ties. Expanding The Scope. Monetizing The Virtual Card.

B2B 70

B2B Reconciliations Accounts Payable Prioritization 70

Strategic Treasurer

SEPTEMBER 12, 2022

B2B Payments. Strategic Treasurer’s B2B Payments survey, developed in partnership with Bottomline Technologies, sought to understand the shifting technologies, strategies, and practices used by organizations across the Business-to-Business (B2B) payments landscape. Survey Results. Request the Report. Depth of Coverage.

B2B 52

B2B Treasury Technology Finance 52

PYMNTS

JUNE 15, 2020

GTreasury , a treasury management system provider, is working with Goldman Sachs on a new solution to offer easier, more transparent B2B payments both at home and internationally, according to a press release. Terry Beadle , GTreasury’s global head of Corporate Development, said the combination would prove valuable.

Foreign Exchange 99

Foreign Exchange Treasury Currencies B2B 99

PYMNTS

DECEMBER 26, 2018

As PYMNTS looks back at the biggest stories of 2018, open banking and APIs became a central focus of the payments and financial services industry in areas like corporate treasury and small business banking. It’s not a trend reserved for consumers, either. I think for our industry, APIs are a very positive innovation,” said Hubert J.P.

B2B 70

B2B Treasury Banking Startups 70

PYMNTS

SEPTEMBER 24, 2020

Treasury management technology provider BELLIN has revealed it is the first treasury management solution provider to secure the Compatible Application SWIFT gpi for Corporates label. has debuted its B2B payments platform DTransfer, which uses blockchain to enable real-time, cross-border business payments. Outside the U.S.,

B2B 75

B2B Banking Currencies Treasury 75