Digital wallets eclipsed cash globally at POS for first time during COVID
An FIS study also found the global e-commerce market grew 19% to US$4.6 trillion and is expected to grow nearly 60% percent by 2024.
Accounts Receivable (A/R) is the money owed to a business by its clients. The main objective in Accounts Receivable management is to minimise the Days Sales Outstanding (DSO) and processing costs…
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An FIS study also found the global e-commerce market grew 19% to US$4.6 trillion and is expected to grow nearly 60% percent by 2024.
The expanding partnership is specifically focussed on digital business payments.
The new platform aims to simplify the collections process for corporates in the country.
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.
BENEtracker, co-created with a corporate client to facilitate their payment inquiries, is now available through the bank's e-banking tool.
The BoE's Financial Stability Report for December 2020 notes the additional information required for SEPA payments between the UK and EU.
The First National Bank of Omaha has used the solution to remove friction from its clients' cross-border payments.
The payment giant's Economics Institute has analysed data from across its network to predict next year's key trends.
A white paper from EBA and McKinsey has examined the challenges to banks’ traditional role at the centre of the payments ecosystem.
Both firms have launched solutions designed to improve the corporate B2B payments experience.
While the AFP 2020 survey shows the benefits that digital payments offer corporates, it also notes the cyber security awareness that firms must show.
The payments giant has added account-to-account and global card payments functionality to its Mastercard Track Business Payment Service.
The Kyriba Global Summit, which starts next week, will be covering liquidity, payments, FX, supply chain finance, and much more.
The payment method allows beneficiaries to send a payment request in real-time to a payer through several digital channels.
Corporates in Singapore and Hong Kong can now access real-time visibility for both cross-border payments and collections at no additional cost.
Automating accounts receivables processing and management
A Mastercard study shows businesses moving to digital B2B payments for speed, security and transparency.
As the top global 100 companies start to rebound from Covid-19, payment delays are the key concern for 65% of finance leaders.
Project Ubin’s fifth and final phase highlights commercial potential, paving the way towards live adoption.
Its Pay on Email solution targets billing and cash flow efficiencies for remote working.
CashTarget from AI platform Sidetrade uses gamification for businesses to improve receivables collection performance
Two new reports consider the effect that the pandemic is having on cash and payments behaviour.
A settlement involving SocGen and Banque de France, and a patent application from Visa, offer a glimpse of the future of money.
New data from FIS shows 45% of Americans have changed the way they interact with their banks since the coronavirus outbreak.