article thumbnail

Fed Tackles Fraud On Legacy Rails As New Infrastructure Gains Traction

PYMNTS

The API supports setup, verification and initiation of direct debit, with the bank’s head of global liquidity and cash management Yvonne Yiu pointing to the cash management benefits such a tool could bring to businesses.

article thumbnail

Brett Pitts Joins DailyPay’s Board of Directors

Fintech Finance

With 25 years of experience in banking/financial services and over 30 years in the digital technology space, Pitts most recently served as the Head of North American Treasury and Payments Solutions at BMO Financial Group.

Payroll 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Corcentric Joins The B2B Payments Game

PYMNTS

. “I think some of the mistakes people have made in the past are, for example, people were focused on implementing a card program, and that’s all they really focused on,” Clark said, explaining how corporate buyers have approached their payments strategy. Finding common ground between the two, of course, is key.

B2B 65
article thumbnail

Tracking Treasurers’ Progress In Handling Greater Corporate Responsibilities

PYMNTS

Nearly 80 percent said the treasury department plays the lead role in long-term borrowing activity, for example, while more than half also said their treasurers take the lead on long-term investments, payment strategies, and working capital management. Handling Volatility.

article thumbnail

Kyriba Announces First of Its Kind Innovation With Onyx by J.P. Morgan and Expands Global Partner Ecosystem

Fintech Finance

Morgan’s blockchain business unit, to improve cash management, payments and liquidity performance for CFOs and Treasurers. will fully embed bank reporting and bank payment connectivity for Workday Financial Management to help Workday customers achieve greater banking agility. Morgan’s Payments strategy.

article thumbnail

Payments Acceleration Shifts The Risks For Buyers And Suppliers

PYMNTS

Wieser said SEPA has not only streamlined B2B transactions across the continent, but has also made them faster, which has actually benefited supply chains and corporates’ cash management strategies. What’s more, Dr. Wieser said, faster payments can actually help the risk mitigation effort. “It In the U.S., In the U.S.,

Risk 42
article thumbnail

Analysts Press For Corporate Payers, Banks And FinTechs To Collaborate

PYMNTS

Strategic Treasurer and Bottomline Technologies recently published a joint report on the B2B payments landscape: B2B payments + WCM Strategies. But how businesses reshape their payment practices varies. Electronic corporate payment technologies are expected to continue to increase, too, the report said.

Payer 60