PYMNTS

NOVEMBER 23, 2020

The way entrepreneurs are managing their businesses — and their businesses' finances — is changing, with complexities and pain points multiplying. All About Cash Flow. That need has only grown amid market uncertainty, leaving opportunity for FinTech solutions to support seamless payments and cash management tools for SMBs.

Finance 106

Finance Payment Gateways Gateways Small Business 106

Finextra

SEPTEMBER 11, 2024

Salmon Software (“Salmon”), a leading provider of treasury management solutions, and Necto API (“Necto”), a global fintech company transforming corporate finance and treasury departments by aggregating cash management APIs, have joined forces to easily and rapidly connect corporate treasuries to full-service bank API offerings.

Cash Management 52

Cash Management API Treasury Management Treasury 52

Finextra

SEPTEMBER 11, 2024

Salmon Software (“Salmon”), a leading provider of treasury management solutions, and Necto API (“Necto”), a global fintech company transforming corporate finance and treasury departments by aggregating cash management APIs, have joined forces to easily and rapidly connect corporate treasuries to full-service bank API offerings.

Cash Management 52

Cash Management API Treasury Management Treasury 52

PYMNTS

SEPTEMBER 30, 2020

As returns from cash management offers are forecasted to drop 12 percent, trade finance revenues for banks are poised to fall by 8 percent in 2020. However, HSBC data published by GTR indicates a rise in the count of supply chain finance (SCF) transactions in June in Asia, especially throughout Vietnam, Thailand and Indonesia.

Finance 95

Finance Non-Bank Underserved Cash Management 95

PYMNTS

NOVEMBER 22, 2016

India’s small business finance space got some renewed attention by investors this week when local startup numberz.in offers cash flow management for businesses. announced seed funding. Owned by Paradime Technologies, numberz.in The company secured $650,000 from Kae Capital and Khosla Impact, reports said Monday (Nov.

Cash Management 71

Cash Management FinTech NOV B2B 71

PYMNTS

JANUARY 7, 2021

Fides Treasury Services , which works in multibank connectivity and communications, has rolled out new details about its plans to extend its shop for corporate treasury and finance solutions, according to a press release. The new marketplace will be available through the Fides Multibanking Suite web portal, the release stated.

Finance 88

Finance Treasury Cash Management Consulting 88

PYMNTS

JUNE 11, 2020

Now that businesses have gotten a taste of what it means to automate workflows like invoicing, accounts receivable (AR) and cash management, they’re likely never turning back. Interconnected Finances. But as this shift occurs, organizations must keep in mind the broader impact on cash management.

Cash Management 60

Cash Management Digital Payments B2B Payments 60

PYMNTS

OCTOBER 1, 2020

As banks look to streamline access to finance or make it easier to safely share financial information with apps, Barclays Business Banking and Wells Fargo are joining forces with FinTechs on digital initiatives. PYMNTS rounds up the latest partnerships and initiatives below. Barclays & Propel. Wells Fargo & Envestnet.

Finance 91

Finance FinTech Cross-Border API 91

PYMNTS

SEPTEMBER 13, 2017

There are several reasons for this, analysts say, but regardless, there is a clear need for tight cash management in the construction sector. Or the actual cash flows and job costs per project need to be handled a little differently [than other industries],” he explained.

Cash Management 51

Cash Management Accounts Rules Payroll 51

PYMNTS

JANUARY 30, 2017

In the second annual survey conducted by C2FO focused on corporate treasurers based in Europe, responses showed that 75 percent of the 100 respondents wanted to invest in technology tied to trade finance. Trade finance, they said, could help boost efficiency in cash management and supply chain (via dynamic discounting on invoices).

Cash Management 49

Cash Management Treasury Returns Finance 49

Fintech Finance

SEPTEMBER 24, 2024

Societe Generale is pleased to announce the appointment of Benoite Armand-Pieyre as Global Head of Payments and Cash Management and John Sacco as Head of Global Transaction Banking for the UK. The post Appointments Within Global Transaction and Payment Services appeared first on FF News | Fintech Finance.

Transactions 98

Transactions Cash Management Payments Treasury 98

PYMNTS

AUGUST 16, 2020

Axle , which works in cash flow for the freight and logistics industry, has raised $27.7 million in a funding round, which it intends to go toward continuing the company’s work in automating processes and boosting cash management, according to a press release.

Finance 79

Finance B2B Shutdown Automation 79

PYMNTS

APRIL 8, 2019

SMBs, and found that the proportion of companies seeking alternative finance increased 5 percent year over year, while half said they would seek an alternative to a bank loan if they were to pursue business financing. ” Forty-six percent of small businesses were cash-flow negative last year , new Xero research found.

Cash Management 51

Cash Management Small Business SWIFT Non-Bank 51

The Finance Weekly

OCTOBER 30, 2024

Cash management isn’t just about keeping tabs on your cash flow. Effective cash management is a cornerstone of financial health for businesses of all sizes. Without streamlined processes, businesses can suffer from cash shortages or inefficient capital allocation, both of which threaten sustainability and growth.

Cash Management 52

Cash Management Reconciliation Automation Finance 52

PYMNTS

OCTOBER 23, 2018

The National Bank of Canada , the country’s sixth-largest bank, is collaborating with business consulting and IT company CGI to launch a blockchain-powered trade finance solution. “This will enable us to offer a simple, fast and efficient experience to our commercial clients, which facilitates managing their business.”

Blockchain 69

Blockchain Finance Agreements Facilitators 69

Fintech Finance

OCTOBER 15, 2024

Our data shows that 73% of businesses using Invoice It are getting paid within just 2 days, often in advance of any invoice terms – significantly helping with their cash management.” The post Metro Bank Partners With BankiFi to Help SMEs Overcome Late Payments appeared first on FF News | Fintech Finance.

Cash Management 98

Cash Management Payments Accounts On-Demand 98

Fintech Finance

DECEMBER 11, 2024

CashPro is Bank of Americas digital banking platform and is accessed by approximately 550,000 users at 40,000 companies around the world, to manage and monitor their payments, deposits, loans, and trade finance transactions. 1] Lauren Hobbs, Cash Management Manager at the energy infrastructure company Sempra, is a CashPro super user.

Payment APIs and Integration 94

Payment APIs and Integration Online and Mobile Banking Treasury Payments 94

PYMNTS

APRIL 11, 2019

Financial management platform Sage Intacct is integrating data from cash management tool Trovata.io to provide real-time visibility into cash positions for corporate users. Joint customers will be able to generate reports and enhance cash management process automation using Trovata.io

Cash Management 43

Cash Management API Automation Accounts 43

Fintech Finance

DECEMBER 2, 2024

Envision CU also wanted to utilize its ATMs for business continuity and exceptional customer service when its members need access to cash and essential financial services most, during the annual hurricane season. At Envision CU, our goal is to help members improve their financial well-being and support them through every stage.

Credit Union 95

Credit Union ATM Cost Structure Cash Management 95

PYMNTS

JANUARY 20, 2021

Corporate finance teams were not simply tasked with finding ways to continue operations in a remote work environment as a result of the coronavirus crisis. There were cases where some of these finance teams could not even understand what their cash visibility looked like.”. The Biggest Pain Points, Revealed.

B2B 125

B2B Cross-Border Payments Correspondent Bank Cash Management 125

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

DECEMBER 7, 2020

Social Finance (SoFi), a San Francisco-based online lending startup, is holding talks about selling to a blank-check acquisition company, Reuters reported, to help it debut on the stock market. It has also begun work in stock trading and cash management accounts.

Office of the Comptroller of the Currency 107

Office of the Comptroller of the Currency Cash Management Finance Checks 107

Fintech News

AUGUST 14, 2024

The bank anticipates non-interest income contributing 37% of overall income by 2026, driven by growth in wealth management, trade finance, and customer treasury services. The retail business, bolstered by the acquisition of Citi’s retail franchise in those markets, is expected to benefit from regional wealth growth.

Non-Bank 126

Non-Bank Treasury Cash Management Returns 126

Fintech Finance

APRIL 22, 2024

Payflows , a one-stop SaaS platform designed for finance teams, has raised €25m in funding to build the operating system that seamlessly integrates finance teams and workflows together. Historically, finance teams have been working in silos, locked into hours of manual and repetitive tasks, while their tech needs and requests go unmet.

Finance 52

Finance Cash Management Accounts Automation 52

PYMNTS

NOVEMBER 27, 2020

Perhaps the biggest challenge for eCommerce businesses is simply getting an adequate grasp on finances altogether. There is so much to do," he said of eCommerce business owners' struggle to manage operations. Sometimes, you can't even start thinking about finances, KPIs or business intelligence.

Cash Management 118

Cash Management Payment Gateways Debit Card Service Provider 118

Fintech Finance

SEPTEMBER 18, 2024

Checkout.com , a leading global digital payments provider, and Slope , a B2B financing platform for enterprise companies, today announced the beginning of a strategic partnership to boost payment performance for US enterprise merchants.

B2B 98

B2B Reconciliation Payments Risk Assessment 98

PYMNTS

MAY 9, 2019

As Amit recounted, surveys of CFOs and controllers have consistently noted that AP is the most time-consuming function in finance today. You’ll improve communications and offer more payment methods, and if you want to keep cash the longest, make sure that the payment execution is the shortest.”.

Accounts 70

Accounts Finance Economy Automation 70

Fintech News

AUGUST 26, 2024

In his new role at SMBC, Bhuchar will prioritise strengthening transaction banking services, especially in cash management and trade finance, to aid clients in managing working capital and fortifying supply chains across various regions. Morgan, and Standard Chartered, focuses on financial innovation.

APACS 103

APACS Transactions Cash Management Blockchain 103

PYMNTS

SEPTEMBER 25, 2017

Trade finance is in serious need of a tech overhaul. It’s true that FinTech innovators and alternative lending companies have targeted trade finance to improve access to financing, especially for smaller companies. But there is demand for greater access to trade finance. Revenues from trade finance slumped by $2.8

Finance 58

Finance Treasury Management Treasury Cross-Border 58

Fintech Finance

NOVEMBER 13, 2024

NovoPayment’s flagship platform offers a comprehensive suite of solutions ranging from digital wallets, instant issuance of deposit accounts and virtual cards to RTP, cross-border transfers, digital lending and cash management. NovoPayment serves 15 markets across Latin America, the Caribbean and the United States. “We

Embedded Finance 97

Embedded Finance Cross-Border RTP Deposit Account 97

The Finance Weekly

MARCH 5, 2024

The responses were enlightening, and we are excited to share our findings, highlighting the aspects that matter for finance departments and how the IT mindset has shifted around software implementations over the past three years. This often involves replacing outdated ERP systems or implementing new cash management solutions.

Finance 52

Finance End User Payment APIs and Integration Facilitators 52

The Fintech Times

DECEMBER 13, 2024

Paxos, a regulated blockchain infrastructure platform, has formed a strategic partnership with Standard Chartered to enhance the management of its digital assets, Global Dollar (USDG) and Lift Dollar (USDL), in Singapore and the UAE.

Stablecoins 69

Stablecoins Cash Management Regulations Compliance 69

PYMNTS

APRIL 8, 2020

Hewlett Packard Enterprise (HPE) is turning to its financial services unit to extend over $2 billion in financing and programs to assist business customers with cash management issues amid the global pandemic. . The assistance is part of HPE’s overall COVID-19 outreach efforts. .

Federal Reserve 95

Federal Reserve Cash Management Payments Finance 95

Fintech Finance

AUGUST 8, 2024

With over two decades of experience in the payments and cash management sector, Jim brings a wealth of industry knowledge to AccessPay. The post AccessPay Announces Directorship Appointments to Drive Strategic Growth and Innovation appeared first on FF News | Fintech Finance.

Innovation 97

Innovation Cash Management Product FinTech 97

Bank Automation

NOVEMBER 30, 2023

billion ($10 billion) all-cash acquisition of HSBC Canada in the first quarter of next year as the bank works through its integration plans. The acquisition will give RBC’s clients access to HSBC’s trade finance and cash management capabilities and create additional cross-selling opportunities for the […]

Acquirers 78

Acquirers Cash Management Finance 78

PYMNTS

APRIL 4, 2019

A proliferating trade finance market has emerged largely as a result of this cash flow crunch, linking B2B traders with a wide range of solutions to inject external capital into the flow of funds between buyers and suppliers. “‘We want to help you manage the flow of funds.'” Forging Deeper Buyer-Supplier Ties.

Finance 56

Finance B2B Social Security Security 56

PYMNTS

DECEMBER 29, 2020

In a statement , Narmi Co-Founder Nikhil Lakhanpal said the collaborators "focused immensely on the user experience, and added seamless cash management tools, entitlements and various other business-focused functionality.". Finantier Joins Y Combinator With Open Finance Model.

FinTech 123

FinTech Financial Inclusion B2B Agreements 123