Optimising cash & collections in the new COVID-19 normal
Automating accounts receivables processing and management
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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COVID-19 is a catalyst for digital B2B payments adoption
A Mastercard study shows businesses moving to digital B2B payments for speed, security and transparency.
The shift in finance leaders’ priorities
As the top global 100 companies start to rebound from Covid-19, payment delays are the key concern for 65% of finance leaders.
Singapore’s multi-currency blockchain project concludes final phase
Project Ubin’s fifth and final phase highlights commercial potential, paving the way towards live adoption.
Billtrust adds to its B2B payments solution
Its Pay on Email solution targets billing and cash flow efficiencies for remote working.
Turn collecting receivables into a competitive and fun game
CashTarget from AI platform Sidetrade uses gamification for businesses to improve receivables collection performance
COVID-19 and the impact on digital payments
Two new reports consider the effect that the pandemic is having on cash and payments behaviour.
Digital fiat currencies reality a step closer
A settlement involving SocGen and Banque de France, and a patent application from Visa, offer a glimpse of the future of money.
COVID-19 rapidly reshaping banking and payments behaviours
New data from FIS shows 45% of Americans have changed the way they interact with their banks since the coronavirus outbreak.
Mastercard launch promises enhanced working capital management
The Mastercard Track Business Payment Service has gone live in the US ahead of its global rollout.
Industry roundup: 27 April
News in brief from Deutsche Bank, AvidXchange, Western Union and SurePayd.
Deutsche Bank begins roll out of corporate instant payments in Thailand
PromptPay uses an account number or corporate tax ID to receive incoming payments.
OneStream Software launches transaction matching solution
The solution is designed to accelerate account reconciliations and financial close.
Pandemic casts shadow over UK Payment Systems Regulator’s annual plan
The PSR's annual plan and budget were formulated before the COVID-19 crisis.
SWIFT COVID-19 statement stresses systems working as normal
The payments cooperative has postponed all in-person community events through to the end of May.
Comdata solution supports same-day shipper payments for fleets
QuickPay is designed to provide fleet owners with access to capital within 24 hours.
BlueSnap upgrades marketplace payment solution
The solution lets B2B and B2C firms launch ecommerce marketplaces that include seamless payouts and cross-border payment processing.
Afinis adds testing capabilities to help payment API standardisation
The Nacha organisation is partnering with XMLdation on the project.
Erste Bank enables instant payments in Hungary
Powered by valantic, the bank now offers real-time payments around the clock and request-to-pay in Hungary.
CTMblog: Coronavirus realities? SCA adoption; GRC; Investing today
How bad will Coronavirus really be; SCA adoption; GRC programmes; Collection letters; Investing in long term; Time for outsourcing?
Volante Technologies supporting SWIFT Standards Release 2020 MT messages
Enhancements to the company's SWIFT plug-in ensure support for latest message standards and speed up ISO 20022 migration.
Accuity acquires Apply Financial
The firm will provide real-time STP and account validation payment solutions.
Bectran launches cash application solution
The B2B credit management cloud solution targets accurate matching of customer payments to reduce collections and AR management costs.
Jack Henry & Associates streamlines AR financing
SilverLake System integration with BusinessManager lets banks to provide businesses with more transparency, faster access to funds.