Fintech News

JULY 31, 2024

Nium’s new local currency account services provide businesses, digital platforms, and marketplaces with a more efficient and cost-effective way to receive payments, eliminating the need for local entities or additional operating accounts.

Cross-Border Payments 126

Cross-Border Payments Cross-Border Payment APIs and Integration Wire Transfer 126

Fintech Finance

SEPTEMBER 16, 2024

As part of the re-awarded contract, Ecospend will continue to provide its account-to-account payment services which allow HMRC to process payments across over forty tax regimes including Self-Assessment, PAYE, Corporation Tax and VAT.

Payment Reconciliation 98

Payment Reconciliation Reconciliation Governance Government 98

PYMNTS

MARCH 10, 2020

Australian cross-border FinTech unicorn Airwallex is integrating with New Zealand’s cloud-based accounting platform Xero , Airwallex announced Tuesday (March 10). The collaboration is aimed at assisting Airwallex’s small- to medium-sized business (SMB) customers to easily handle local and global payments. and EU on Airwallex. “As

Payment Reconciliation 52

Payment Reconciliation Reconciliation Cross-Border Multi-Currency 52

Nanonets

MARCH 29, 2023

What is Accounts Payable? Accounts payable (AP) refers to the amount of money a company owes to its vendors, suppliers, and creditors for goods and services received but not yet paid for. It is a liability on the company's balance sheet, representing the company's obligation to make payments to its creditors.

Accounts 52

Accounts Reconciliation Automation Payment Reconciliation 52

Finextra

FEBRUARY 13, 2025

Danish accounting, admin and banking fintech Ageras has bought payment reconciliation software provider Storebuddy. Financial terms were not disclosed.

FinTech 64

FinTech Payment Reconciliation Reconciliation Accounts 64

Nanonets

FEBRUARY 1, 2024

In the rapidly evolving business landscape, the efficiency of Accounts Payable (AP) processes is no longer just a back-office concern but a strategic imperative. Accounts Payable (AP) automation is the use of technology to streamline and improve the process of managing a company's bills and payments owed to others.

Automation 64

Automation Accounts Process Multi-Currency 64

Fintech Finance

AUGUST 1, 2024

Nium’s local currency account offering makes it faster and more cost-effective for businesses, digital platforms, and marketplaces to receive money in the desired country, either for their business or for their customers, without having to manage the complexity of setting up a local entity or opening and managing additional operating accounts.

Cross-Border 98

Cross-Border Cross-Border Payments Wire Transfer Wire 98

PYMNTS

MARCH 31, 2020

The solution identifies fraud and risk, bolsters decision making, automates manual work and eliminates accounts payable (AP) process errors. This intelligence helps improve future routing accuracy, streamlines payment reconciliation processes, and maintains data hygiene in the ERP,” the release stated.

Accounts 53

Accounts AI Duplicate Payment Reconciliation 53

Clearly Payments

JANUARY 21, 2025

The Case for Modernizing Payment Systems Modernizing payment processing systems can unlock a host of benefits for government agencies: Enhanced Efficiency: Automated processes reduce manual errors, speed up payment reconciliation, and lower operational costs.

Government Payments 59

Government Payments Governance Government PCI DSS 59

Nanonets

MARCH 20, 2023

Accounts payable software is increasingly being used by businesses worldwide. Automated accounts payable software can efficiently manage large volumes of financial transactions between a company and its suppliers, while also automating ancillary activities such as approvals and payments. What is accounts payable software?

Accounts 52

Accounts Payment APIs and Integration Multi-Currency Automation 52

Nanonets

JUNE 17, 2023

Account reconciliation is a critical process in accounting, which ensures that financial records are accurate and consistent. This article will provide an in-depth understanding of account reconciliation, its benefits, and how businesses can leverage technology to automate the process. How to Reconcile Accounts?

Reconciliation 52

Reconciliation Accounts Adjustments Credit Cards 52

Fintech Finance

SEPTEMBER 25, 2024

Countering this status quo, Apron enables business owners and their accountants to receive, sort, approve, pay and reconcile invoices in seconds. Through its proprietary payments platform, Apron enables customers to pay anyone, whether its employees or suppliers anywhere in the world.

Small Business 98

Small Business Payments B2B Product 98

Fintech Finance

OCTOBER 15, 2024

By bringing together best-of-breed business travel and expense management services from Navan and corporate cards from Brex, BrexPay for Navan saves enterprises hours each month with automated receipts, accounting, and 100% payment reconciliation.

Reconciliation 97

Reconciliation Payment Reconciliation Global Payments Payment Solutions 97

Nanonets

NOVEMBER 15, 2023

Switching to paperless  accounts payable  is intimidating. Consider this:  Levvel Research  found that 50% of businesses grapple with late payments and missed discounts due to protracted approval cycles. Based on the numbers, it is evident that a transition to a paperless accounts payable system is necessary.

Accounts 52

Accounts Payment APIs and Integration Audit Automation 52

EBizCharge

MARCH 7, 2025

It provides integrated functionalities across various business operations, from finance and accounting to customer relationship and inventory management. A well-integrated payment gateway should also connect with other essential business systems such as CRM, accounting software, eCommerce platforms, and POS systems.

Payment Gateways 52

Payment Gateways Gateways Payment APIs and Integration Payments 52

Nanonets

APRIL 30, 2023

Implementing the necessary procedures to maintain records and promote accuracy within your payroll function relies on creating an effective payroll accounting system. What is Payroll Accounting? Payroll accounting definition Payroll accounting calculates, distributes, and tracks employees’ compensation.

Payroll 52

Payroll Automation Accounts Reconciliation 52

Nanonets

FEBRUARY 26, 2024

Finance teams are well aware of the tedious and error-prone nature of manual accounts payable processes. This could also lead to late payments or in some cases potential  vendor fraud. Today, you can automate these processes using accounts payable automation solutions and optimise accounts payable for your finance teams.

Automation 52

Automation Accounts Payment APIs and Integration Process 52

Fintech Finance

SEPTEMBER 18, 2024

For Brex Embedded partners, their customers can make fast, secure global payments in virtually any currency, all while automating their existing financial workflows and payment reconciliation.

Global Payments 105

Global Payments Embedded Payments Payment APIs and Integration Reconciliation 105

Nanonets

NOVEMBER 14, 2023

Accounts Payable (AP) processes are an important function for every business, overseeing the outgoing payments to suppliers and vendors. Global Payments : AP automation solutions facilitate seamless global payments, managing different currencies and compliance with international payment regulations.

Accounts 52

Accounts Automation Compliance Fraud Prevention 52

PYMNTS

FEBRUARY 25, 2020

“TripActions is the only complete, end-to-end corporate travel management solution for finance teams and travel managers, combining the best online booking tool, travel management company and travel payments solution into a single platform,” said Samantha DeRosa, senior accounting manager at Toast.

Payment Reconciliation 60

Payment Reconciliation Reconciliation Payments Credit Cards 60

PYMNTS

DECEMBER 15, 2020

Because consumer transactions continue to rely on cash, the accounts receivable (AR) and accounts payable (AP) processes within the supply chain can be fragmented. And while Gordon noted that he's seeing more paper checks being used to settle B2B transactions, the payment method is far from ideal.

Legal 111

Legal B2B Underwriting Payment Reconciliation 111

EBizCharge

FEBRUARY 26, 2025

Understanding credit card processing in NetSuite NetSuite credit card payment processing allows businesses to securely process customer payments by integrating with payment gateways and merchant accounts, enabling seamless transactions for online, in-store, and invoice-based sales.

Credit Cards 52

Credit Cards Process Payment APIs and Integration Payment Gateways 52

PYMNTS

JULY 8, 2020

Before Autobooks, First Bank would recommend quality accounting software to clients, but clients often found it cumbersome to download transactions and work with financial information, according to the release. Jon Moen , director of Product at First Bank, said the bank is still committed to working with smaller firms.

B2B 64

B2B Payment Reconciliation Enrollments Small Business 64

Fintech News

JANUARY 30, 2024

In Asia, dominant past trends heading into 2024 include big tech firms having developed payment services based on e-wallets, which allow users to pay with their smartphones via QR codes or NFC. These e-wallets are linked to bank accounts, credit cards, or prepaid balances.

Payments Trends 117

Payments Trends Digital Currency Cross-Border Payments Distributed Ledger Technology (DLT) 117

Stax

JULY 9, 2024

Going digital reduces paperwork and manual processing for businesses by automating payment reconciliation, invoicing, and record-keeping processes. Businesses can also streamline accounting tasks by integrating digital payment systems with their financial software, which improves accuracy and efficiency in financial reporting.

Digital Payments 163

Digital Payments Online and Mobile Banking Contactless Payments Payments 163

The Fintech Times

AUGUST 4, 2024

Nium’s local currency account offering makes it faster and more cost-effective for businesses, digital platforms, and marketplaces to receive money in the desired country, either for their business or for their customers, without having to manage the complexity of setting up a local entity or opening and managing additional operating accounts.

Cross-Border 59

Cross-Border Wire Transfer Wire Wires 59

PYMNTS

FEBRUARY 11, 2020

The Royal Bank of Canada (RBC) is the first Canadian financial institution to offer businesses Interac eTransfer: Bulk Request Money for the efficient management of accounts receivable (AR), RBC announced Tuesday (Feb. Payors can submit payment using Interac eTransfer and transfer funds using their online banking channel.

Automation 57

Automation Reconciliation Fraud Detection Payment Reconciliation 57

PYMNTS

JUNE 16, 2020

In healthcare, the data needed for payments reconciliation rests within a patient accounting system, which in turn sits inside an electronic health record. Far-flung, back-end systems mean that accounts receivables and cash flow management is less than optimal. Older patients, he said, may prefer to write checks.

Checks 67

Checks Payments Payment Reconciliation Procedures 67

Nanonets

NOVEMBER 20, 2023

As companies navigate the complexities of accounts payable, the demand for efficiency, accuracy, and security has never been more critical. Get ready to revolutionize your approach to accounts payable and discover the keys to a razor-sharp, automated future. Approval is sought before proceeding with the payment process.

Payment Reconciliation 52

Payment Reconciliation Automation Reconciliation Verification 52

Nanonets

MAY 30, 2023

Looking to automate the mundane & mechanical Payment Reconciliation process? Try Nanonets ™ AI-based OCR solution to automate Payment Reconciliation in your organization! Limits of payment:  Cash payments are limited by the amount of cash in the wallet.

Payment APIs and Integration 52

Payment APIs and Integration Credit Cards Online and Mobile Banking Payment Reconciliation 52

PYMNTS

MARCH 27, 2019

Accounts payable (AP) automation company Tipalti is expanding its reach into the market by partnering with three new B2B companies, which will extend Tipalti’s solutions to their own customers. The enhanced integration aims to strengthen control and communication for both ends of the transaction.

B2B 46

B2B Reconciliation Payment Reconciliation PayPal 46

PYMNTS

JANUARY 30, 2020

These 16-digit credit card numbers are created for one-time purchases at set amounts, and the convenience, security and speed they provide are allowing them to take hold in the B2B payments space. The cards are also linked to checking or other payment accounts, and expire at designated times. For example, a firm that earns 0.5

B2B 71

B2B Credit Cards Payments Settlement 71

PYMNTS

NOVEMBER 14, 2019

Payment service provider CreDec is integrating real-time payments capabilities that will allow small and medium-sized businesses (SMBs) and their accountants to bypass bank portals and initiate payments from directly within their accounting platforms. The company said in a press release Thursday (Nov.

Real Time Payments 40

Real Time Payments Reconciliation Payment Reconciliation Payments 40

PYMNTS

JUNE 10, 2020

The new partnership will combine “global open banking initiatives, Samsung SDS’ Nexledger Universal platform and Credorax’s industry expertise” in order to provide automatic payment reconciliation, remittances and invoices for B2B payments.

Blockchain 53

Blockchain Payment APIs and Integration Reconciliation Cross-Border 53

Fintech Finance

FEBRUARY 22, 2024

New research commissioned by AutoRek , a leading software provider to companies in the global financial services sector, has revealed the most current problems facing payments firms today, as well as their perceptions on regulation, compliance, and payments reconciliation.

Reconciliation 52

Reconciliation Payment Reconciliation Compliance Payments 52

PYMNTS

FEBRUARY 17, 2020

A provider is able to offer the consumer a relevant payment plan for services upfront, instead of chasing them down as part of a collections process or having the consumer forego what could be a necessary medical procedure.

Payments 91

Payments Payment Reconciliation Consumer Procedures 91

Nanonets

APRIL 22, 2024

Business owners increasingly leverage single-source platforms like QuickBooks for various financial and business processes, including basic accounting, time tracking, payroll, and more.  QuickBooks Payments fills the gap for those needing more backend support or complex payment requirements.

Payment APIs and Integration 52

Payment APIs and Integration Payments Credit Cards Reconciliation 52