Financial support aims to help Australian companies bounce back
by Ben Poole
The Australian government launches A$500m facility for exporters, while supplier payment terms are under scrutiny in a new proposal.
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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Industry roundup: 23 April 2020
by Ben Poole
News in brief including CLS, PayFit, SAP, and more.
Deutsche Bank begins roll out of corporate instant payments in Thailand
by Ben Poole
PromptPay uses an account number or corporate tax ID to receive incoming payments.
Industry roundup: 17 April 2020
by Ben Poole
News in brief featuring a ranking of the best FX banks, Facebook's Libra applying for a payments licence, and Danone selecting C2FO.
Nordea promises faster supplier payments
by Ben Poole
The move is designed to support its suppliers during the COVID-19 crisis.
Comdata solution supports same-day shipper payments for fleets
by Ben Poole
QuickPay is designed to provide fleet owners with access to capital within 24 hours.
Corda and Skuchain target trade finance interoperability
by Ben Poole
An application from Skuchain brokers a connection between Hyperledger Fabric and the Corda Network.
BlueSnap upgrades marketplace payment solution
by Ben Poole
The solution lets B2B and B2C firms launch ecommerce marketplaces that include seamless payouts and cross-border payment processing.
CTMcast - 19 March 2020: Review of key recent posts and more on Coronavirus crisis
by Jack Large
Jack and Ben reviewed last week’s stories and the current COVID-19 crisis
i2c enables Airwallex B2B payments card
by Ben Poole
The i2c platform uses AI to optimise cross-border, multi-currency payments.
UnderPinned and Banked speed up contractor payments
by Ben Poole
The pair claim they can slash the time finance departments spend paying contractor invoices by 86%.
SWIFT gpi traffic up to US$77 trillion in 2019
by Ben Poole
Nearly two-thirds of all payments traffic on SWIFT is now sent via gpi.
Vroozi and Stratas to automate purchasing and accounts payable in the UK and Ireland
by Ben Poole
The strategic partnership aims to equip mid-market organisations to grow profitably through automation.
What is next for Swift’s booming global payments innovation service?
by Jack Large
Extending global coverage, new international instant payments functionality and stop/recall service
The changing art of procurement negotiation
by Ben Poole
Data reigns supreme as new generation modernises the approach to supplier talks.
Aussie Ombudsman eyes legislation to end late payments
by Ben Poole
The country's Supply Chain Finance Review has highlighted the flaws in the Supplier Payment Code.
Barclays extends Visa partnership
by Ben Poole
The European agreement is designed to drive innovation and support Barclays’ growth into new markets.
Airwallex and Visa debut ‘borderless’ business card
by Ben Poole
#BusinessCard #B2BPayments #VirtualCards @airwallex @VisaNews
Bankable in US strategic collaboration with Visa
by Ben Poole
The hookup boosts Bankable's global presence, with B2B payments top of the agenda in the US.
RAKBANK and Mastercard launch suite of corporate payment solutions
by Ben Poole
The product suite includes a corporate purchase card, corporate executive T&E card and B2B virtual card.
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.
DBS debuts B2B payments and collections solution
by Ben Poole
Singaporean food and beverage firms will pilot the programme.
Aussie business activity disappointing in November
by Ben Poole
CBA data shows competitive pressures and weak demand taking a toll on Australian businesses.
Tradeshift and Wax Digital partner on cloud-based procurement solution
by Ben Poole
The partnership is designed to help customers achieve better purchasing value.