Extinction of plastic cards on the horizon
by Ben Poole
Part II of a Deutsche Bank Future of Payments report says that plastic cards have the most to lose from a growth in digital payments.
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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PNC Treasury Management debuts automated real-time payment solution
by Ben Poole
The automated process is designed to provide instant reconciliation for billers and payers.
ICICI Bank reveals India’s largest API banking portal
by Ben Poole
Featuring nearly 250 APIs, the portal is designed to allow partner companies to co-create solutions across a range of banking areas.
HighRadius lands US$125m Series B investment
by Ben Poole
The investment will be used to further develop the company's cash management platform.
Citi and PayPal partnership reaches institutional payments
by Ben Poole
Citi Treasury and Trade Solutions now enables payments into PayPal digital wallets.
Sweden’s central bank developing an e-krona in a test environment
by Ben Poole
The Riksbank says the project is to broaden its understanding of the technological possibilities of a digital coin.
EBA Clearing provides specifications for a pan-European request to pay infrastructure solution
by Ben Poole
The specifications have been created with the support of 27 financial institutions from 11 countries.
SmartStream partners with Union Systems to meet demand for East and West Africa
by Ben Poole
The two companies will support organisations in their digitisation strategies of post-trade environments.
Citi platform to simplify cross-border B2B collections
by Ben Poole
Citi Global Collect embeds FX capabilities in the global invoice presentment and payment process.
ABN AMRO goes live with Temenos Payments in Hong Kong
by Ben Poole
Dutch bank goes live with the platform to power real-time payments and improve customer experience.
ACI Worldwide to deliver payments technology via Microsoft Azure
by Ben Poole
The move is designed to reduce total cost of ownership, increase scalability and improve speed to market.
HSBC Bank USA offers business clients real-time payments
by Ben Poole
Clients had been able to send real-time payments since July 2019.
Elavon acquires Sage Pay
by Ben Poole
The acquisition is part of Elavon’s strategy to help its customers become more digital.
Boost Payment Solutions and J.P. Morgan to offer fully integrated automated payments
by Ben Poole
The two firms partner to deliver automated electronic payment solutions for commercial card transactions.
Mesh and Visa collaborate on supplier first B2B virtual commercial card payment service
by Ben Poole
Suppliers can use Visa virtual prepaid commercial cards on the Mesh payment platform.
SWIFT and EBA Clearing start development phase of EURO1 migration to ISO 20022
by Ben Poole
The collaboration builds on a 20-year partnership and advances a broader future positioning programme that began last year.
Alibaba.com joins SWIFT gpi for Corporates
by Ben Poole
The company is also working with SWIFT on a new payments-tracking service.
GoCardless launches global network for recurring payments
by Ben Poole
TransferWise will power the FX capability within the network.
Scope Ratings notes Santander has strengthened its hand in digital arms race
by Ben Poole
The bank's £350m investment in Ebury follows its successful investment in Getnet.
Industry research explores what the 2025 treasurer will look like
by Ben Poole
Journeys to Treasury explores how treasurers can leverage best practices and new technologies to become a strategic business partner.
Bottomline adds AI-enabled in-product support with Drift
by Ben Poole
The AI will assist Paymode-X and PTX customers in real-time.
Citi chooses Global Payments and PPRO as partners on digital payments business
by Ben Poole
The partnerships are core to the bank building an end-to-end offering of transaction banking services.
Brex launches cash management account with Radius Bank
by Ben Poole
The account is designed to help companies simplify financial operations, earn yield on their cash, and pay for expenses.
Anglo-Gulf Trade Bank selects TAS Group to manage payments for corporate clients worldwide
by Ben Poole
The contract covers the supply of software solutions for the creation and management of a payment hub for correspondent banks globally.