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Paying Suppliers

Background

There are three types of suppliers: high volume trading partners, regular suppliers and one-off/occasional suppliers - see figure. Each type requiring different payment solution.  Types of…

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Payments - Receipts

Citi’s Digital Money Report shows the slow adoption world-wide

by Kylene Casanova

Citi and Imperial College London’s third Digital Money Report highlights the slow progress in digital money adoption and the drivers for change. See where you rank in Citi’s 2016 Digital Money Index

Payments - Disbursements

SAP and First Data announce B2B payments network

by Kylene Casanova

SAP and First Data have announced plans to launch a business-to-business (B2B) payments service across Europe and Latin America. The service, called AribaPay, will work on the Ariba Network.

Payments - Receipts

Five ways invoice innovation can cut costs

by Kylene Casanova

It's an imperative for finance departments – particularly those with oversight for accounts payable (AP) – to explore how invoice automation can cut costs and resources.

Payments - Disbursements

Banks receive SWIFT rebate but corporates not benefiting

by Kylene Casanova

SWIFT has announced that customers will receive an annual rebate of 10 per cent on their 2015 messaging fees, to be paid in March 2016. The rebate is worth approximately €32 million.

Payments - Disbursements

Pre-funding settlement model introduced by Faster Payments

by Kylene Casanova

The Faster Payments Scheme Limited (FPSL) has announced a new ‘pre-funding’ settlement system, which guarantees settlement between all payment participants, eliminating any shared risk.

Cash & Liquidity Management

B2B directory could breathe life into US e-payments

by Kylene Casanova

How will the Remittance Coalition's project to create an industry business directory make it easier for companies to make electronic payments?