UK supplier relationships more mutually beneficial than five years ago
by Ben Poole
Seven in ten corporates are looking for longer-term supplier relationships than half a decade ago.
Payments - Disbursements
Background
Making payments is the inevitable consequence of making purchases and an essential and integral part of the financial supply chain. A payment is the transfer of value from one party, a person or…
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The economic realities of the global payments industry
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McKinsey’s Global Payments Map 2019 report reveals all
Splitit launches B2B credit card instalment payment solution
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The solution is designed to break through credit and collection barriers between suppliers and buyers.
Day 1 - SIBOS 2019 blows bankers minds
by Jack Large
Brian Cox with his talk on cosmology and fintechs with their attitudes and speed of innovation
SWIFT publishes paper on the European payments landscape
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As financial institutions prepare for new European payments architecture, the paper highlights the milestones for action.
Travelex launches API-enabled B2B platform
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Travelex Business includes cash management, cross-border payment and retail currency conversion features.
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The delivery of the solution is supported and funded by 26 financial institutions from 11 countries for a go-live in 2020.
Volante Technologies offers free SaaS instant payments processing
by Ben Poole
The vendor says any bank, regardless of size, can offer immediate payment capabilities to their customers.
Elavon index finds UK SMEs have positive business outlook
by Ben Poole
SMEs are confident on growth despite challenges of Brexit, cash flow and customer retention.
Legacy systems and cyber security continue to trouble US corporates
by Ben Poole
A TD Bank survey reveals 88% of industry looking at in-house strategies to protect against cyber threats.
Plastiq platform available to US Visa commercial cardholders
by Ben Poole
U.S. Bank is the latest financial institution to enable its SMB Visa cardholders to pay vendors through Plastiq.
Mastercard and Artajasa to partner on Indonesia’s National Payment Gateway
by Ben Poole
Partnership aims to grow digital payments and drive inclusivity in Indonesia.
Corcentric enters reseller agreement with Commerce Bank
by Ben Poole
The bank will provide its customers with financial process automation solutions from Corcentric.
HSBC expands pan-European commercial cards to nine currencies
by Ben Poole
Six additional European currencies have been added to the existing euro, US dollar and pound sterling capabilities.
Mastercard acquires Nets’ account-to-account payment business
by Ben Poole
The move is designed to meet application, service and payment needs of customers across card and account-to-account payments.
Doosan-Babcock selects Swipe2B to digitise its supplier payments
by Ben Poole
The agreement is designed to streamline and automate Doosan-Babcock's AP and supplier payments processes.
American Express acquires ACOM’s digital business payments platform
by Ben Poole
AmEx move designed to strengthening its accounts payable automation capabilities.
First ISO 20022 usage guidelines for cross-border payments released
by Ben Poole
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Open secures SME business banking partnership with Visa
by Ben Poole
Indian fintech looks to enhance SME business banking suite with card giant support.
Equals Group agrees ‘global relationship’ with Citigroup
by Graham Buck
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by Graham Buck
In partnership with OCBC Bank in Singapore, the Philippines bank became the first to pilot a blockchain-based remittance
Amex targets US small businesses with new credit card
by Graham Buck
The American Express Blue Business Cash Card can assist a healthier cash flow and access to more business opportunities says its issuer
More UK companies named and shamed as late payers
by Graham Buck
BAE Systems, Centrica and Prudential are among 18 businesses deemed as unethical for late payments to suppliers
FIME launches testing tool for open banking APIs
by Graham Buck
The new solution enables banks and third-party providers to verify APIs against Payment Services Directive (PSD2) standards