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Small Biz Cash Management Struggles Across The Globe

PYMNTS

Between the rise of blockchain technology, the market debuts of faster payments initiatives and the advancements in virtual card capabilities, small businesses have more choice and power when it comes to their payments needs.

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MoneyGram, Brink’s And The (Possible) Cross-Pollination Of X-Border

PYMNTS

and longer term payments initiatives.”. Pertz said later in the call that the goal of the partnership would be “to help MoneyGram and its agent partners realize substantial operating efficiencies by improving their cash management processes.” “Developing this partnership is just one component of our near-term strategic 2.0

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Why Faster Payments Isn’t The Answer To Accounts Receivable Delays

PYMNTS

That probably won’t come as a surprise to many in the B2B payments space, considering that organizations typically try to float their capital for as long as possible, a cash management tactic that can lead to longer payment terms with small suppliers, and the prevalence of late payments. In the U.K.,

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Volt granted UK EMI licence from FCA

Fintech Finance

Volt , the global real-time payments platform, has secured an Electronic Money Institution (EMI) licence from the United Kingdom’s Financial Conduct Authority (FCA). Volt’s licence will enable it to evolve its cash management product, Connect, from which virtual accounts will now be issued to merchants.

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HSBC Marks $100B In Mobile Corporate Payments

PYMNTS

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.

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HSBC Launches APIs, Developer Portal For PSD2

PYMNTS

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.

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NEW REPORT: B2B Banking’s Tech-Driven Future

PYMNTS

From innovations like the data-sharing of B2B APIs to the Same Day ACH Network to blockchain innovations, the space is positioned to go in multiple directions as regulations and faster payments initiatives offer new opportunities in speed and efficiency. Enter the new PYMNTS.com B2B API Tracker™.

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