Nothing slows down the free flow of commerce and payments more so than manual intervention. And with the news Sunday (Oct. 20) that Bank of America now allows companies to lock in foreign exchange (FX) rates for up to one year, simplifying treasury management processes through digital...
As businesses grow, so do the volume and complexity of their B2B payments. This comes amid news Wednesday (Oct. 9) that FreedomPay has launched a partnership with financial infrastructure platform Stripe designed to aggregate and integrate various software and payment solutions, pushing digital system integrations into the spotlight....
The complexities enabling money movement can make life challenging for CFOs and treasurers. If they sit at the helm of marketplace businesses, well, that’s when things get interesting, and where technological sophistication butts heads with the need for simplified use and reporting. While marketplaces and...
Treasurers who once relied on outdated spreadsheets and manual processes are now facing a new reality: real-time treasury services powered by artificial intelligence (AI), digital money movement and automated synchronous functionalities across core operations. From predicting cash flow to flagging suspicious transactions, innovations in payments...
October 23, 2024
As digital technology advances, some of the biggest recipients of its transformative benefits are sitting in the finance function. After all, digital payments bring with them a wealth of data — data that chief financial officers (CFOs) and treasurers can unlock to drive competitive differentiation and growth. “We do see a real evolution into more […]
July 23, 2024
As banks weighed in this month with their earnings reports, Wall Street has focused on earnings per share, investment banking revenues and the state of capital buffers and credit reserves....
July 23, 2024
The payments landscape is a global one, meaning winning innovations have boundless room to scale. It also means that geographical positioning can help with strategically driving forward various innovations. “The...
June 24, 2024
Innovation should be applied wherever there is a pain point. This is particularly true when it comes to the enterprise treasury function, where technology stacks are becoming more advanced than...
August 26, 2024
Spend management company Coupa says it’s added more than 100 AI-powered innovations to its platform. “Our goal to be a margin multiplier for every business large and small worldwide requires a relentless focus on co-innovation with our customers,” Fang Chang, Coupa’s chief product officer, said in a Monday (Aug. 26) news release. “As market dynamics […]
August 14, 2024
Invoiv.com has launched a cash management platform designed for small- to medium-sized businesses (SMBs) in the United States and Canada. This software-as-a-service (SaaS) platform includes accounts payable (AP) and accounts...
August 13, 2024
DBS and Ant International have launched a pilot of a blockchain-powered treasury and liquidity management solution designed to enable Ant International to reduce the settlement of intragroup transactions from days...
August 06, 2024
One Inc has named former Flywire Chief Financial Officer (CFO) Michael Ellis as its new CFO. Ellis will oversee the financial activities of the digital payments network for the insurance industry and...
