PYMNTS

OCTOBER 6, 2016

In just the last 18 months alone, HSBC said, total transaction volume of mobile payments initiated by corporates has more than doubled. “Mobile payments mean there is instant reconciliation,” said Frances Howell, CMB head of payments and cash management, in an interview in response to HSBC’s report.

Mobile Payments 63

Mobile Payments Cross-Border Payments Payments Cross-Border 63

PYMNTS

FEBRUARY 1, 2021

Although the purpose of digitization in the finance department is, in many cases, to strengthen cash management, the effect of so many siloed systems can actually be quite different. As Berghald explained, that’s because each critical function — from invoicing to payment to accounting — all occur separately from each other.

Payment APIs and Integration 82

Payment APIs and Integration Finance API Facilitators 82

PYMNTS

JANUARY 15, 2020

In its announcement, HSBC highlighted the enhanced visibility of the progress of a transaction, as well as the ability for treasurers to access key information on account balances and transactions on demand in real time, as benefits that can support treasurers’ need for the ability to make “dynamic cash management decisions.”.

Treasury 54

Treasury API Payment APIs and Integration Treasury Management 54

PYMNTS

JUNE 16, 2016

The security compromise hasn’t led FinServ firms to shy away from the global payments messaging company, however. Earlier this month, Dutch B2B payments company PowertoPay announced it had secured certification to incorporate SWIFT’s Alliance Lite2 into its cash management platform.

Security 43

Security SWIFT B2B Faster Payments 43

PYMNTS

JULY 22, 2020

The opportunity to wield richer transaction data in real time has become a key focus for governments, central banks and financial service providers as they press forward in their real-time payment initiatives. But for entities to truly obtain the value of real-time payments, they must first overcome a resistance to change.

Real Time Payments 90

Real Time Payments FedNow Payments Faster Payments 90

PYMNTS

APRIL 23, 2020

Unfortunately, independent contractors have also frequently been left out of the picture for traditional banks and even newer FinTechs despite the recent influx of small business cloud accounting apps and other B2B FinTech platforms. Dan Hogan, chief financial officer and chief operating officer of newly-launched U.K.

Accounts 56

Accounts Small Business Cash Management Finance 56

PYMNTS

MARCH 8, 2019

Reports in the Global Banking & Finance Review said this week that HSBC launched the APIs and developer portal to enable third-party payment companies to deploy their own solutions for business and consumer customers.

API 67

API Payment APIs and Integration Cash Management Payment Initiation 67

PYMNTS

JUNE 5, 2018

.’s Open Banking Directory in an effort to enhance payment and collection services for business clients, the FI said Monday (June 4). Citi announced it is joining the Directory as a Payment Initiation Service Provider (PISP), enabling the bank to pilot payment and collection services for its corporate customers.

Treasury 64

Treasury Enrollments API Regulations 64

PYMNTS

MARCH 18, 2020

As Biegel explained, a lack of data standardization across payment tools remains a challenge to the reconciliation and cash application process, even when that data is electronic. The B2B arena certainly continues to see a high prevalence of paper checks in the U.S. Initiating Change, In Both The Short And Long Term.

Lockbox 80

Lockbox Reconciliation Checks Automation 80

PYMNTS

DECEMBER 30, 2016

Analysts continue to flesh out their predictions for payments and FinTech in 2017, but one can never truly know the exact direction an industry will take. Executives from Payoneer, NCR, FTV Capital and Ingo Money touch upon all of these trends as they tell PYMNTS their own visions for B2B payments next year.

ISO 20022 50

ISO 20022 B2B Online and Mobile Banking ISOs 50

PYMNTS

JANUARY 14, 2020

Such offerings require FIs to ensure their payment services work seamlessly with clients’ other operational solutions, and APIs shine by providing integrations that connect products and prevent headaches. APIs that improve cash management are in strong demand among Wells Fargo’s business clients.

API 52

API Payment APIs and Integration Cross-Border Payments Payments 52

PYMNTS

DECEMBER 13, 2018

As the corporate treasurer takes on a more strategic role in the enterprise, treasury and cash management technologies can often be stuck in the past, failing to keep up with financial execs’ needs. Despite the data challenge, pressures on CFOs and treasurers continue to mount. ”

Treasury Management 62

Treasury Management Treasury Payment APIs and Integration API 62

PYMNTS

NOVEMBER 28, 2016

Several years later, the initiative has made big strides as other markets around the globe look to the U.K. to launch their own faster payments efforts. But there is still a long ways to go, and in the several years since the Faster Payments initiative first began, it’s also morphed to evolve along with the technology available.

Faster Payments 54

Faster Payments Real Time Payments Payments Instant Payments 54

PYMNTS

FEBRUARY 24, 2016

The TTS unit, which links multinational corporations to cash management and trade finance solutions, revealed that it has now processed more than $1 trillion worth of transactions through its mobile and tablet solutions, CitiDirect BE Mobile and CitiDirect BD Tablet, since 2011.

Treasury Management 40

Treasury Management Treasury Mobile Banking Cash Management 40

PYMNTS

SEPTEMBER 19, 2017

The disruptors range from machine learning and blockchain to APIs and faster payment initiatives, and banks have a choice to make when pursuing these tools. Eighty percent of treasurers surveyed identified cash management surveys as the top area under review, followed by liquidity solutions, payables, FX and commercial lending.

Innovation 43

Innovation Payment APIs and Integration Non-Bank Fraud Detection 43

PYMNTS

OCTOBER 24, 2019

Tripping Up Cash Management. Without the ability to obtain bank account data in real time, organizations and their treasurers cannot quickly and efficiently analyze cash positions, initiate transactions, or forecast cash flow. At the heart of this point of friction, of course, is data.

Treasury 40

Treasury Treasury Management Cross-Border Payment APIs and Integration 40

PYMNTS

SEPTEMBER 22, 2016

“When we look at where the market is moving, clients expect to transact globally and to trade globally, to have a cash management account in Hong Kong and an FX trading accounting the U.K. ” Khosla said. And speed is critical.

Regulations 75

Regulations Due Diligence Faster Payments Mitigation 75

PYMNTS

NOVEMBER 24, 2020

CoCoNet To Power B2B Payments Offering For Raiffeisen. Swiss banking group Raiffeisen has tapped banking software company CoCoNet to develop a B2B payments and cash management offering for small businesses and larger corporate customers of the financial institution, CoCoNet revealed in a recent announcement.

Payment APIs and Integration 60

Payment APIs and Integration Small Business API Underwriting 60