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Rather, Sinha explained, corporate treasurers and CFOs today are grappling with evolving business models and transforming cashmanagement strategies. What Citi is working with now, he said, is considering how to empower businesses that are adjusting traditional B2B business models toward a B2C offering through the use of that data.
With ongoing shifts in payments, commerce, security and transparency, corporate cashmanagers have a lot on their plates. especially, bill payments are proving to be valued by consumers and B2C transactions, as the gig economy and insurance disbursements are a strong use case for Citi’s clients. In the U.S.,
The company offers both B2C and B2B solutions but has recently fixed its eye on the corporate payments space. ” The Asia-Pacific region has also witnessed a migration away from cash, but it’s not just happening among consumers. Earlier this month, MC Payment said it raised $3.5
Though that’s critical for a number of reasons – cashmanagement and predictability, accounting and reconciliation, and reducing data-entry errors – combatting fraud may stand to gain the most from more sophisticated accounting data management practices. Cash Flow Management.
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