Cross-border payments, including in B2B, can be made daunting by FX swings, and treasurers and other payments professionals need robust and automated data streams to monitor risk and hedging strategies, says OANDA Managing Director Natasha Lala.
The U.K. was one of the first markets to truly push for faster payments with the launch of the Faster Payments Service, an initiative spearheaded by several government agencies and top banks. Several years later, the initiative has made big strides as other markets around...
The euro has surpassed the Chinese yuan in terms of use for trade finance, according to the latest SWIFT RMB Tracker. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Recurring payments can be a challenge for the accounts receivable department, but as subscription-based services continue to dominate their markets, businesses cannot afford to drop the ball. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Some of the world’s largest banks were met with big change in recent days. Demonetization in India has financial institutions operating at full speed to exchange out discontinued bank notes but with some unexpectedly pleasant consequences. U.S. banks, meanwhile, have risen in financial stability regulators’ ranks...
Real estate companies need to ditch the paper across far-flung operations. Brian Zrimsek of MRI Software, which targets this industry, explains why this space has struggled automating procure-to-pay and what to do about it.
Nordstrom is broadening the scope of its B2B gift card operations by teaming up with prepaid card company CashStar. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
The year’s third quarter was a roller coaster for the U.S. and its businesses, especially when considering the presidential election. But the latest data from Moody’s and Experian suggests small businesses were resilient amid uncertainty. Get the Full Story Complete the form to unlock this...
Doubt plagues any disruptive technology. But with federal officials now pressing for faster payments technologies to get off the ground, time is running out for the nay-sayers to be convinced. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
