PYMNTS

DECEMBER 1, 2020

FinTech firms Cobase and Ebury are now working together to roll out Ebury's foreign exchange services on Cobase's multi-banking platform, according to a press release. In addition, users will be able to access real-time statuses for transactions and reporting, letting automation happen for the reconciliation process, the release says.

Foreign Exchange 58

Foreign Exchange Treasury Reconciliations Invoicing 58

PYMNTS

JULY 10, 2019

Some of the biggest industry trends, including faster payments, open banking and bank-FinTech collaboration, have found their ways into the Canadian market, the B2B payments space is not immune to disruption from these shifts. Faster Payments. Open Banking. Bank-FinTech Collaboration.

B2B 62

B2B Accounts Payable Mergers and Acquisitions (M&A) Reconciliations 62

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. Much of the operations are limited by the time zone/region and cutoff times for various markets,” he said.

Treasury 75

Treasury Auditing Foreign Exchange Pharmaceutical 75

PYMNTS

MAY 13, 2020

While the pandemic has created unique circumstances of immeasurable strain and pressure on the global market, it’s also emboldened many to rise to the occasion and ensure business continues to flow with as little disruption as possible. Preparing yourself through technology is really my recommendation.”.

Healthcare 81

Healthcare B2B Foreign Exchange Nonprofit 81

PYMNTS

APRIL 14, 2020

As a treasurer, maybe you would conquer the first few things, which are visibility and reconciliation, and then you would move into other niche areas that you want to automate further to add strategic value to the business.”. “Digitization is not about reaching a destination as you are constantly pushing the envelope,” Rangachari said. “As

Cash Flow Forecasting 92

Cash Flow Forecasting Treasury Foreign Exchange Benchmarking 92

PYMNTS

MAY 20, 2019

The platform by TransferMate reduces administrative overhead by automatically matching the payment received to the invoiced amount, eliminating the need for manual reconciliation. By partnering with TransferMate, Wells Fargo can meet the demand of its global business customers, it noted in the press release. “The

Invoicing 53

Invoicing Foreign Exchange Reconciliations Currencies 53

PYMNTS

AUGUST 6, 2018

With the integration, small businesses in the country can use direct debit to automate their payment collection and reconciliation processes. In other news, Iran is easing foreign exchange rules that were meant to be in response to U.S. Plus, the bank would allow currency markets to open again. “We On Sunday (Aug.

Foreign Exchange 40

Foreign Exchange Pharmaceutical Currencies Reconciliations 40

PYMNTS

MARCH 20, 2018

According to Flywire, Nigeria is a good market for cross-border payments and is the leading source for international students and patients from Africa, with around 15,000 Nigerians studying at colleges and universities in the U.K. Nigeria can be a very complex foreign exchange environment,” said Mike Massaro, CEO at Flywire.

Foreign Exchange 51

Foreign Exchange Healthcare Education Reconciliations 51

PYMNTS

MARCH 5, 2019

ONPEX enables the integration via API to support global payments and foreign exchange functionality for Wirexend and its customers, allowing businesses to make payments and convert funds in their accounts to different currencies.

Foreign Exchange 46

Foreign Exchange Currencies Reconciliations Accounting 46

PYMNTS

NOVEMBER 15, 2019

Advances in data aggregation connect both sides of a commercial card transaction to richer information for reconciliation, reporting and analytics purposes. One of their biggest drawbacks is their rigidity, he said, whereas virtual cards can be adaptive and flexible to meet the unique needs of various markets and businesses.

B2B 65

B2B Foreign Exchange Accounts Payable Reconciliations 65

PYMNTS

JUNE 29, 2018

These travelers might be prepared to pursue opportunities in new markets, but the challenges of cross-border payments can throw a wrench into even the best-laid plans. Physical currency can be problematic for a variety of reasons, though, including that employees might not get the best foreign exchange rates.

Reconciliations 43

Reconciliations General Ledger Foreign Exchange Currencies 43

PYMNTS

DECEMBER 11, 2019

As the open banking business model permeates into the B2B financial services market, FinTechs and traditional financial institutions continue to find new use cases for API integrations and connectivity to elevate the business-user experience. Just Cashflow Taps Ebury for FX. In the latest demonstration of FinTech-to-FinTech integration, U.K.

Banking 52

Banking Foreign Exchange Reconciliations B2B 52

PYMNTS

DECEMBER 15, 2017

Via its cross-border reconciliation network, Flywire can collect and reconcile those payments immediately and accurately. He stated that breadth only emphasizes the magnitude of the challenge that businesses looking to conduct commerce outside their own domestic market encounter. Thus, reconciliation is automated, he said.

Invoicing 48

Invoicing Reconciliations Currencies Education 48

PYMNTS

OCTOBER 26, 2017

Especially when it comes to doing business in far-flung markets. based firm looking to do business in those far-flung markets. Easier said than done: As Webster posited, there are several local payment methods – she noted that PPRO connects to more than 140 of them – tantamount to domestic market schemes.

Reconciliations 40

Reconciliations Foreign Exchange eCommerce Sales 40

PYMNTS

FEBRUARY 5, 2020

That information flow comes in on a real-time basis, rather than through the typical process of month-end reconciliation. When every invoice is fully accounted for within a firm, he explained, financial professionals gain insight into the real sources of revenue — as measured against costs. The Gig Economy.

Invoicing 61

Invoicing Accounts Payable Foreign Exchange Currencies 61

PYMNTS

OCTOBER 30, 2019

“While adoption for consumer accounts is enhanced through regulatory drivers, adoption for business accounts is based on market interest,” she stated in her presentation at the Association for Financial Professionals’ AFP 2019 event. Banks, FinTechs Team Up.

Banking 41

Banking Foreign Exchange B2B Accounting 41

PYMNTS

SEPTEMBER 4, 2018

Apart from supplier payments, the shift could have significant impacts on foreign exchange conversions for faster hedging, real-time investments, faster risk-mitigation capabilities and real-time visibility into more accurate cash positions. “As

Treasury 44

Treasury Foreign Exchange B2B Accounts Payable 44

Global Finance

JULY 24, 2024

This involves maintaining close contact to promptly resolve trade and operational inquiries and deliver ongoing insight into evolving market dynamics. The bank aligns its systems and protocols with global market practices and Swift standards for automated custody services.

Banking 52

Banking Foreign Exchange Risk Management Leverage 52

Global Finance

JULY 24, 2024

This involves maintaining close contact to promptly resolve trade and operational inquiries and deliver ongoing insight into evolving market dynamics. The bank aligns its systems and protocols with global market practices and Swift standards for automated custody services.

Banking 52

Banking Foreign Exchange Risk Management Leverage 52

Future CFO

JANUARY 12, 2021

All in all, the ability to quickly analyse and respond to sudden changes in the market and company resources has become even more vital to the finance function. Standardising and streamlining the financial closing process lets you automate some tasks, including reconciliation, and supports continuous accounting practices in the cloud.

Foreign Exchange 40

Foreign Exchange CFO Compliance Reconciliations 40

PYMNTS

MARCH 1, 2018

FlitWays is instead looking to curate the fragmented ground travel market in order to meet the various needs of business travelers while giving them more of a business-like experience. “The thing about Uber and Lyft is they have a more consumer-facing application that they are trying to introduce for corporate travelers,” said Mac.

Transportation 40

Transportation Foreign Exchange Currencies Reconciliations 40

PYMNTS

JULY 2, 2018

That solution provides businesses, making purchases on Amazon Business with their American Express commercial cards, with line-item information on their buys for greater visibility into spend practices and more efficient reconciliation. The new card product will expand that functionality when it hits the market.

Foreign Exchange 41

Foreign Exchange Banking Reconciliations Accounting 41

PYMNTS

JULY 8, 2020

For some, that means targeting small businesses and wielding the commercial card as a tool to accelerate access to much-needed capital — a vital solution to support SMB operations during market volatility. For others, commercial card innovation comes in the form of overcoming the adoption hurdle of a lack of supplier acceptance.

Finance 52

Finance B2B Foreign Exchange Reconciliations 52