SWIFT shows off bank endorsements for new platform
by Ben Poole
New platform capabilities launching in 2022 are part of SWIFT's strategy enabling instant and frictionless end-to-end transaction management globally.
Accounts Payable Management
Background
Accounts Payable are the payments a business owes to suppliers for goods or services purchased on credit; a type of short-term debt. Accounts payable are often referred to as "payables." The main…
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Shots fired! New cross-border payments network takes aim at SWIFT
by Ben Poole
Former PayPal execs launch Six Clovers, a decentralised cross-border payment network connecting traditional and digital currencies.
BofA expands digital B2C payment offerings
by Ben Poole
The Pay to Card solution supports US and cross-border transactions via bank cards.
Goldman Sachs and Visa target global treasury modernisation
by Ben Poole
Their strategic partnership aims to transform treasury operations for Goldman’s clients with Visa B2B Connect and Visa Direct.
Two live transactions boost Marco Polo’s digital trade finance network
by Ben Poole
Commerzbank successfully executed the transactions to secure payments for commercial transactions based on blockchain technology.
BBVA rejuvenates its global cash management offering
by Ben Poole
The bank has renewed its range of services with BBVA Pivot - an ecosystem that aims to simplify cash management for multinational companies.
Innovative payments developments that should be on treasurers’ radars
by Ben Poole
Both Citi and FIS have announced payments-related news that has the potential to make a big impact for corporates.
Transforming accounts payable with Bank of America
by Ben Poole
The bank's Complete AP automated solution integrates with accounting and ERP technology to deliver process enhancements for corporates.
Citi adds digital SWIFT gpi case resolution tool
by Ben Poole
Citi Service Insights has launched on the bank's CitiDirect BE portal.
65% of financial professionals blame pandemic for increase in payments fraud
by Ben Poole
The 2021 AFP Payments Fraud and Control Survey, underwritten by J.P. Morgan, found business email compromise fraud attempts at 62% of companies.
Deutsche Bank and Mastercard intensify payments collaboration
by Ben Poole
The expanding partnership is specifically focussed on digital business payments.
Deutsche Bank launches payments platform through 2C2P in Thailand
by Ben Poole
The new platform aims to simplify the collections process for corporates in the country.
B2B transaction volumes surge
by Ben Poole
Both Tradeshift’s Global Index of Trade Health and Nacha analysis of the US ACH network have picked up sharp rises in B2B payments volumes.
Upgrading corporate T&E solutions for the new normal
by Ben Poole
TripActions' expansion of integrations with ERPs for its payments and expense platform is the latest in a line recent T&E innovations announced.
Bank of England outlines Brexit payment risks
by Ben Poole
The BoE's Financial Stability Report for December 2020 notes the additional information required for SEPA payments between the UK and EU.
FNBO using SWIFT gpi data to support international business growth
by Ben Poole
The First National Bank of Omaha has used the solution to remove friction from its clients' cross-border payments.
Digital, distanced and domestically focused: Mastercard’s view on 2021
by Ben Poole
The payment giant's Economics Institute has analysed data from across its network to predict next year's key trends.
The role of banks in the future of European payments
by Ben Poole
A white paper from EBA and McKinsey has examined the challenges to banks’ traditional role at the centre of the payments ecosystem.
New commercial payments options released by Visa and BBVA
by Ben Poole
Both firms have launched solutions designed to improve the corporate B2B payments experience.
US corporates embracing electronic B2B payments
by Ben Poole
While the AFP 2020 survey shows the benefits that digital payments offer corporates, it also notes the cyber security awareness that firms must show.
Mastercard advances multi-rail strategy to modernise business payments
by Ben Poole
The payments giant has added account-to-account and global card payments functionality to its Mastercard Track Business Payment Service.
Kyriba virtual event showcases treasury case studies
by Ben Poole
The Kyriba Global Summit, which starts next week, will be covering liquidity, payments, FX, supply chain finance, and much more.
SIA integrates request to pay services in Europe
by Ben Poole
The payment method allows beneficiaries to send a payment request in real-time to a payer through several digital channels.
DBS launches online tracking for cross-border collections
by Ben Poole
Corporates in Singapore and Hong Kong can now access real-time visibility for both cross-border payments and collections at no additional cost.