Pandemic boosted digital payments, says World Bank – Industry roundup: 30 June
by Graham Buck
China seeks longer yuan trading hours, Diageo, Michelin join Russia exodus, Celent on ISO20022 speed bumps, Tencent joins the metaverse.
Accounts Receivable Management
Background
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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No more credit cards, pay with your smile – Industry roundup: 18 May
by CTMfile
Fastest growing fintech, Synergistic collaboration, 5 partnerships with DBS, $100 million risk-sharing facility, biometric facial recognition.
Industry roundup: 3 March
by Graham Buck
Russia exodus tests fund managers; VTB commodities unit winds down; IMF paper examines cash management capacity; China overhauls supply chain finance
Bank of America launch their Intelligent Deductions platform in Asia-Pacific
by Jack Large
50% processing cost savings in client deductions opens up
Industry Roundup
by Jack Large
Wells integrated AI powered receivables, Samba Bank new digitisation, Nomentia and TIPCO merger
What corporates want from request to pay
by Ben Poole
A survey conducted by the Euro Banking Association and PPI has identified four key use cases for the payments messaging framework.
Cash forecasting and real-time capabilities crucial for European treasurers
by Ben Poole
The 2021 EACT Survey shows how treasurers are dealing with the challenges of cash management in a pandemic world.
Marco Polo aims to be big in Japan
by Ben Poole
SMBC has executed its first live transaction on the blockchain-based digital trade platform for a Japanese corporate.
SWIFT reveals its low value cross-border payments play
by Ben Poole
SWIFT Go enables SMEs and consumers to send payments anywhere in the world directly from their bank accounts.
Global B2B spending set to surge
by Ben Poole
An Amex survey finds 70% of businesses are optimistic for the year ahead, with many increasing spend on digital initiatives to drive growth.
Barclaycard signs with Mastercard to modernise business payments
by Ben Poole
It will use the Mastercard Track Business Payment Service to support its corporate customers.
Creating the digital CFO
by Ben Poole
BlackLine and Kyriba have partnered on a joint solution that accelerates bank connectivity, AR automation and financial close management.
Eurosystem launches digital euro project
by Ben Poole
The investigation phase of digital euro project is to last 24 months.
SWIFT launches payment pre-validation service
by Ben Poole
The service enables real-time payment validation to reduce errors, exceptions and costs caused by wrong or missing beneficiary information.
Real-time payments now as popular as cash in Southeast Asia
by Ben Poole
ACI Worldwide research reveals the extent to which the pandemic has accelerated the digitisation of payments.
Santander boosts support for Spain-UK corridor businesses
by Ben Poole
The bank's agreement with the UK Department for International Trade aims to support trade between the two European countries.
Where treasurers see the value in request to pay
by Ben Poole
A Euro Banking Association report surveyed corporates from 20 countries to see how their companies would use request to pay.
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.
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.
J.P. Morgan integrates SWIFT’s inbound payments tracking service via APIs
by Ben Poole
The bank's customers can use the service to track their incoming payments in real-time from the moment they enter the SWIFT gpi network.
Citi adds digital SWIFT gpi case resolution tool
by Ben Poole
Citi Service Insights has launched on the bank's CitiDirect BE portal.
Future of digitising cash
by Marion Laboure , Macro Strategist, Deutsche Bank
Marion Laboure, Macro Strategist at Deutsche Bank examines the future of digital cash
Digital wallets eclipsed cash globally at POS for first time during COVID
by Ben Poole
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.
Deutsche Bank and Mastercard intensify payments collaboration
by Ben Poole
The expanding partnership is specifically focussed on digital business payments.