The Basics of Artificial Intelligence
by Jack Large
Artificial Intelligence gets a vary varied press, listen to one expert’s view on how AI works and what doesn’t, and where is it going
Home » Sections » Payments - Bill Collection » Billing Systems & e-Invoicing
Billing Systems & e-Invoicing
Background
Generating a bill or invoice - the request for payment (which is legally required in many countries and is subject to local laws) and presenting it to the customer for payment, and then collecting the payment is a core and costly part of any business transaction. There are seven types of billing… Read more about Billing Systems & e-Invoicing
Vital “How will you” questions for horrible 2019
by Jack Large
How to survive and prosper in the hell of 2019
New platforms to help businesses simplify/digitize payment processing
by Jack Large
Transactis & Cash Flow Solutions combine; new Santander® Enterprise Payment Link
Payments: SWIFT gpi, TARGET 2, RT1, UK stats, DB white paper
by Jack Large
SWIFT gpi tracker for all; TARGET 2 migration; EBA Clearings RT1; UK Faster Payments growth; Deutsche Bank neat payment jigsaw puzzle
Payment times for UK suppliers cut by 14% since 2016
by Bija Knowles
The time it takes to pay suppliers across the UK is now on average 42 days, compared to 49 days in 2016
ACH cross-border payments - banks, etc. sign up with specialists
by Jack Large
Earthport, the global payments specialist, has been appointed by BNP Paribas to provide Automated Clearing House (ACH) cross-border pay
Mastercard makes paying bills a breeze with Bill Pay Exchange
by Jack Large
With their built-in network of 135,000 billers, Mastercard Bill Pay Exchange will have largest community of U.S. Billers in 2019
Payment Update: SWIFT gpi, HK instant payments, Amazon Pay
by Jack Large
Revolution continues in Japan, Hong Kong and India
Payments: ecommerce, instants, interchange, Ripple, e-invoicing
by Jack Large
All e-commerce payment systems, Kroger bans Visa cards, irrevocability in real-time payments, Ripple expansion and merits, e-invoicing
Citi deploys AI to boost corporate Smart Match platform
by Bija Knowles
Citi has boosted its invoice and payment-matching application for corporate clients with artificial intelligence and machine learning
38% of companies admitted to paying their suppliers late to protect liquidity
by Jack Large
Bottomline’s UK Business Payments Barometer 2018 reveals sad state of affairs as Brexit now top concern
Platforms with potential for new payment services
by Jack Large
Citi first corporate bank to enroll as registered third party payment provider for Open Banking in UK; Bankable partnering with Starling Bank and Transact Payments to deliver full-service payments infrastructure
Payments data theft drives IT investment for billing firms
by Bija Knowles
More than one in five billing organisations have had payments data stolen during targeted attacks in the past 12 months according to research by Ovum
Payments roundup: RMB struggles; Adyen dominance, PayPal bad/goodday; e-wallets
by Jack Large
SWIFT RMB tracker reports; multi-channel platform dominance at expense of PayPal; local currencies; and battle of e-wallets is going global
End of ownership, and move to renting/sharing almost EVERYTHING
by CTMfile
Collecting regular payments will become a core skill as companies move to selling services, rather than goods/products
Late payment is the silent killer of modern business and it’s getting worse
by Jack Large
Survey shows that 62% of invoices issued by UK SMEs in 2017 (worth over £21b) were paid late
Hot on the heels of the digital revolution
by Bija Knowles
Embracing the changes that come with e-payments can make treasury relevant to the customer experience, as discussed by two corporates in the auto sector and oil sector.
Finance teams should embrace automation of supplier invoices
by Bija Knowles
Many financial jobs are under pressure from automation and while the main concern is the threat to job security, machines will take on some of the most tedious and frustrating jobs in finance
Use of supply chain fraud analytics on the rise
by Bija Knowles
More companies are using analytics to prevent and detect financial abuses within the supply chain, according to a recent Deloitte poll
Payments development: non-stop innovation worldwide
by Jack Large
Preventing charge backs; P2P payments; instant payment systems; SWIFT GPI; Adyen; march of Alipay and WeChat
PayRank - an algorithmic approach to invoice payment
by Laurence Holmes, Quantitative Developer, Previse
What can the payments industry learn from Google’s revolutionary search engine algorithm? Laurence Homes and Joseph Heenan show how such AI technology can solve some of B2B payments’ knottiest problems
Will “Post no B2B debits on my account” ever end in US?
by Jack Large
Does US Same Day ACH direct debiting scheme have enough controls for American companies to ever accept B2B DDs?
Payments update: we are all in the transaction processing business now
by Jack Large
Revolution continues: QR codes growing impact, WhatsApp new P2P platform, and TransferWise multicurrency accounts spreading
Payment system future: integrated retailer services, ‘free’ & channel-independence
by CTMfile
How will these developments change your business model?