FISPAN

AUGUST 5, 2022

Bring the bank to your Oracle NetSuite environment with FISPAN’s bank-branded embedded app.

Banking 97

Banking Reconciliations Accounting 97

PYMNTS

MARCH 11, 2020

The reconciliation process is traditionally viewed in the context of financial transactions: Does the value of a company payment match with what the company was billed, and what the company had purchased? Yet the reality is that the reconciliation process is rarely ever straightforward. Beyond Data Matching. Payment Rail Confusion.

Reconciliations 56

Reconciliations Corporate Finance Finance Invoicing 56

PYMNTS

DECEMBER 30, 2020

As treasury management becomes increasingly digital, a bank’s corporate banking clients face challenges when it comes to modernizing treasury workflows. Embedding banking into ERP systems has been a hot topic as of late — although the buzz surrounding it has been years in the making.

Banking 97

Banking Accounts Payable Treasury Reconciliations 97

PYMNTS

JULY 3, 2020

Open banking is shaking up the financial industry and is poised to revolutionize the way banks share data with each other as well as with third-party app developers, FinTechs and payment providers. There are a multitude of benefits that open banking brings to B2B payments. Open Banking Initiatives Around The World.

B2B 111

B2B Banking Invoicing Reconciliations 111

PYMNTS

APRIL 7, 2020

The program can be used for everything from intercompany transactions, accounts payable and receivable, travel and entertainment (T&E) reporting, bank clearing and lockbox to general ledger cash accounts. The Transaction Matching software goes hand-in-hand with OneStream’s existing Account Reconciliation.

Reconciliations 56

Reconciliations Accounting General Ledger Accounts Payable 56

PYMNTS

NOVEMBER 10, 2020

Banks must understand that shift in order to uncover the most valuable B2B use cases, he said – and that means not only embracing new payments technology, but also adopting new business models that can address the shifting needs of corporates. It’s the culture that is changing.”.

B2B 117

B2B Banking B2C Reconciliations 117

PYMNTS

SEPTEMBER 23, 2020

In today’s top news in digital-first banking, the Office of the Comptroller of the Currency (OCC) has issued stablecoin guidance, and Deutsche Bank intends to decrease the size of its brick-and-mortar footprint. Federal Banks, Savings Associations Win Approval For Some Crypto Activities. Bank Instant Card.

Banking 85

Banking Planning Currencies Reconciliations 85

The Finance Weekly

NOVEMBER 3, 2021

Account reconciliation is the matching and validating of balances in the general ledger (GL) to internal and external sources or other independent calculations to accurately close month-ends and year-ends. Defining Account Reconciliation The basic steps involved in reconciliation transactions include the following: 1.

Reconciliations 52

Reconciliations Accounting General Ledger (GL) Finance 52

PYMNTS

JANUARY 21, 2021

based bank to help them finance their corporate trade owing to a sophisticated blockchain platform for B2B payments, a press release says. HashCash's HC Corporate Payment will come with immediate reconciliation, real-time document sharing and automation via smart contacts, in order to enable quicker, more effective B2B payments.

Banking 93

Banking Reconciliations B2B Education 93

PYMNTS

SEPTEMBER 27, 2020

HighRadius , a FinTech working in automation for order-to-cash and treasury management, has announced an expanded strategic relationship with Commerce Bank , according to a press release. The agreement made all of HighRadius' products available for Commerce Bank clients.

Banking 89

Banking Treasury Reconciliations Invoicing 89

PYMNTS

JULY 27, 2020

In other news, across Italy, banks have been using Corda ‘s blockchain tech to help speed up the double-checking of transaction logs, according to CoinDesk. Eighty-five percent of the country’s banks, or 55 banks total, have made use of the solution to help switch up the process of interbank reconciliation.

Reconciliations 52

Reconciliations Banking Currencies Numbers 52

PYMNTS

JANUARY 8, 2021

Even so, there’s still plenty of work to be done to raise awareness about how sending or receiving RTP transactions can improve the banking client experience. To facilitate this transition in handling 24/7 cash flow, Whisler said TCH offers services such as intraday reconciliation.

Cash Flow Forecasting 139

Cash Flow Forecasting Banking Education Reconciliations 139

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. Our clients can transact and see real-time banking data directly from their own enterprise software, giving them an advantage in the digital, always-on economy.”.

Treasury 75

Treasury Foreign Exchange Banking Reconciliations 75

PYMNTS

APRIL 8, 2020

Banks are continually working to provide their business customers with more streamlined, impactful services. This enables banks to support their clients’ ventures in more robust and flexible ways, according to Abdul Raof Latiff, group head of the digital institutional banking group at Singapore-based DBS Bank.

Banking 99

Banking eCommerce Leverage Reconciliations 99

PYMNTS

APRIL 17, 2020

Open banking regulations across Europe kicked open the door for a wave of FinTech competition, with consumer-facing personal finance management (PFM) right in the crosshairs of innovators’ efforts. Small businesses and corporate end-users have emerged as powerful drivers of exploring new use-cases for open banking and PSD2 regulations.

Banking 83

Banking Reconciliations Prioritization Accounting 83

PYMNTS

OCTOBER 14, 2020

"Unlike solutions on the market today that only offer a handful of ERP integrations and require a manual intervention to complete a payment, RegalPay One offers a bank-branded platform that connects directly to their corporate customers' ERP system," Ed Wertzberger , vice president of solution delivery for Regal Software, said in the announcement.

B2B 82

B2B Banking Accounts Payable Reconciliations 82

PYMNTS

AUGUST 12, 2020

In this week’s roundup of open banking initiatives and bank-FinTech tie-ups, PYMNTS finds a renewed push to strengthen SMB banking experiences including financing, account management and more. Funding Circle Takes A Closer Look At Open Banking. WaFd Bank Bolsters SMB Financing Via nCino. Over in the U.K.,

Banking 77

Banking Reconciliations Finance B2B 77

PYMNTS

JANUARY 17, 2021

Cloud-based accounting software solution provider AlignBooks will be working with ICICI Bank , a private-sector bank, to deliver a new, simple digital banking experience for small- to medium-sized businesses (SMBs), CRN India reported. We are delighted to partner with AlignBooks.

Banking 61

Banking Reconciliations Invoicing Accounting 61

PYMNTS

JULY 15, 2020

. “Having experienced continued growth and commitment to its credit union and bank clients during this pandemic, CheckAlt is delighted to work with Tru Treasury to provide our suite of turnkey treasury payment solutions that accelerate payments and simplify reconciliation for credit union members,” he said, according to the release.

Reconciliations 52

Reconciliations Treasury Nonprofit Banking 52

PYMNTS

JULY 17, 2019

More than 50 of the world’s largest companies have already started using a new service that enhances payment flows, allowing a single view of transactions across multi-banked corporates. The service allows a single, centralized view across all banking partners in real-time, facilitating accurate reconciliation.

Banking 75

Banking Treasury Reconciliations Leverage 75

PYMNTS

JUNE 24, 2019

These professionals are entering the market with a demand for digitization, and it’s driving the emergence of digital- and mobile-first banks built for small businesses. Among this community is Novo , a mobile-first bank connecting entrepreneurs with bank account and debit card services. and Europe.

Banking 74

Banking Reconciliations B2B Accounting 74

PYMNTS

NOVEMBER 12, 2020

Contextual banking will change the way traditional financial institutions (FIs) interact with their business clients. Today, a bank simply receives a payment instruction from its customer. This lets the bank have its brand and services front and center, even when it comes to embedded banking. Building The Infrastructure.

Banking 88

Banking Invoicing Reconciliations Treasury 88

PYMNTS

JULY 3, 2020

People’s United Bank Senior Vice President of Treasury Management Cris Sigovitch told PYMNTS that while access to payables FinTech solutions is important, perhaps even more essential is access to a trusted partner that can guide firms toward a resilient and future-proof AP department. . ” Offering the Right Tools.

Accounts Payable 85

Accounts Payable Accounting Banking Invoicing 85

PYMNTS

NOVEMBER 18, 2020

The pandemic has exposed glaring points of friction in any number of verticals – including banking, where it’s apparent that legacy systems and processes were not designed to handle real-time anything, and certainly not payments. Is real-time ready for prime time?

Reconciliations 98

Reconciliations B2B Treasury Banking 98

PYMNTS

JANUARY 21, 2021

Today in B2B payments, European banks grow wary of small business loans, and Xero collaborates on API bank connectivity. SMB Loans Pose Potential Big Risk for European Banks. Euro area banks have cut back on lending, as the pandemic continues to threaten the economy. Xero, Nedbank Team on API-Enabled Bank Feed for SMBs.

B2B 85

B2B Banking Reconciliations Currencies 85

FISPAN

JANUARY 12, 2022

Financial institutions (FIs) are under pressure to drive innovation in financial data access for the commercial banking space. Banking customers are seeking more control over their banking data than ever before. How data will be delivered and received from FISPAN and the third-party partners we work with.

Reconciliations 96

Reconciliations Banking Securities Leverage 96

PYMNTS

MAY 6, 2020

In an interview with Karen Webster, Simon Barker, CEO of Conferma Pay, explained that the announcement heralds the first time key attributes of virtual commercial cards — including expense controls and seamless data reconciliation — are being tied to tap-and-go payments, with the ease of use that mark contactless consumer payments.

Reconciliations 107

Reconciliations Entertainment B2B Banking 107

PYMNTS

FEBRUARY 28, 2020

As such, B2B FinTech firms continue to embrace collaboration and data integration between each other, particularly as the financial services world at large continues its migration toward unlocking data in an Open Banking framework. Going Further With Open Banking. Cichy said he sees the opposite happening today, though.

Accounts Payable 83

Accounts Payable Banking Invoicing B2B 83

PYMNTS

DECEMBER 22, 2020

The Italian Banking Association (ABI) is running experiments for a digital euro, CoinDesk reported. The experiments aim to examine a digital euro’s technical feasibility as well as its “programmability” as a coin separate from a central bank digital currency, (CBDC) according to CoinDesk.

Banking 69

Banking Currencies Reconciliations Technology 69

PYMNTS

MARCH 9, 2020

FinTechs are keeping an eye on the needs of banks and their corporate clients in today’s market. Treasurers, in one case, may have deposits at multiple banks as some institutions may provide services to help them collect deposits. However, they are seeking ways to consolidate all of those deposits into one primary bank.

Banking 66

Banking Treasury Reconciliations Budgeting 66

PYMNTS

MARCH 16, 2020

In addition, the deal will allow better reconciliation of payments with the matching invoices. Hari Moorthy, global head of Transaction Banking at Goldman Sachs, said the bank wanted to put clients first and create a “frictionless” experience when exchanging payments.

SAP 99

SAP Foreign Exchange Reconciliations Currencies 99

FISPAN

OCTOBER 17, 2023

FISPAN and Sage partner to help businesses remove complexity from their accounts payable and reconciliation processes by integrating banking directly into their Sage Intacct ERP system.

Accounts Payable 59

Accounts Payable Reconciliations Banking Accounting 59

PYMNTS

SEPTEMBER 26, 2018

The latest corporate banking offering by Citi aims to virtualize treasurer accounts for more personalized, streamlined services. The bank said in an announcement Tuesday (Sept. Users can view transaction activity and manage online banking entitlements, the bank explained.

Accounting 75

Accounting Reconciliations Treasury Currencies 75

PYMNTS

DECEMBER 16, 2020

Commercial cards have seen an increased adoption in both large and small Indian businesses as an option to protect and digitize supplier payments, drive savings and simplify reconciliation, according to the release. Corporates will have improved compliance and security in strategic purchases and larger payments.

Reconciliations 92

Reconciliations B2B Invoicing Compliance 92

PYMNTS

DECEMBER 29, 2020

APIs have similarly become valuable tools to automate reconciliation and accounting via interconnectivity between AR, AP and accounting systems. It's a concept that involves the seamless, automated movement of documents and data between parties and through workflows, from purchase order to invoicing to payment to reconciliation.

B2B 114

B2B Reconciliations Accounts Payable Invoicing 114

PYMNTS

JUNE 10, 2020

Credorax , the smart payments provider and FinTech, has announced a partnership with Samsung to develop blockchain technology to offer open banking services, according to a press release. Digitization in banking is on the rise due to the pandemic, which has seen people and businesses flocking to digital forms of financial services.

Banking 53

Banking Reconciliations B2B Invoicing 53

PYMNTS

FEBRUARY 1, 2021

In a recent interview with PYMNTS, Hagan discussed how businesses are integrating their back-end systems with bank platforms to bring greater efficiency to their processes. . Reconciliation Challenges. Many firms still have AR systems that require employees to juggle different software platforms and conduct procedures manually. .

Accounts Payable 93

Accounts Payable Reconciliations Invoicing Treasury 93