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India VCs Target SME Cash Management FinTech

PYMNTS

B2B payments company Happay, which provides prepaid card solutions to employers for the purposes of expense management, also recently announced a reaction to demonetization. The firm rolled out an express onboarding service for SMEs that are now scrambling for digital payment tools, unable to turn to cash as they once had.

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Bank Of The West Adds Cash Management Services

PYMNTS

19), Bank of the West revealed news that it is adding new cash management solutions for its commercial banking customers. Bank of the West’s Commercial Banking Group announced the rollout of DirectPay Manager and Remote Cash Capture, two solutions aimed at facilitating cash flow management for corporate clients.

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Citi: Turning Digital Payments Acceptance Into A Corporate Cash Management Play

PYMNTS

With the impending launch of Spring by Citi , Citi ’s Treasury and Trade Solutions (TTS) is increasingly incorporating the consumer payments experience into its broader B2B treasury management and transaction banking offering as it moves to support its institutional clients in their own journeys to meeting customer payment demands.

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Clip Money and Green Dot Expand Physical Deposit Service at US National Retail and Grocery Locations

The Fintech Times

In a move to address this issue, the Green Dot Network has expanded to over 95,000 retail locations throughout the US, offering cash-in and cash-out capabilities in stores including Walmart , Walgreens , 7-Eleven , and CVS. Now, around 96 per cent of the US population live within three miles of a Green Dot Network location.

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HSBC Debuts Open Payments Platform For eCommerce As Alternative To Debit, Credit

PYMNTS

The benefit to buyers comes by way of the smoother buying experience and the more secure method of payment, in which the user doesn't have to provide their bank account details to pay, the press release says. 25 statement. "Not 25 statement. The service will be launched only in the U.K. initially, the release says.

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The Economic – And Ergonomic – Value Of Commercial Card Optimization

PYMNTS

Leavitt , founder and CEO of Boost Payment Solutions , said commercial card programs are now coming to the forefront of AP departments’ priority lists when delaying payments is no longer the most viable, or effective, cash management option. “We’re seeing a lot more of that mentality.”

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NEW REPORT: Can An API-Born Bot Curb Buyer’s Remorse?

PYMNTS

The bank is working with Bill.com to integrate the latter’s payments solutions into the Chase platform, thus offering an estimated 2.5 million bank customers the ability to access electronic payment tools such as invoicing and cash management features. Tracking down savings in the post-purchase market.

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