With the Federal Reserve exploring how to streamline FinTechs’ access to the payment system, a new wave of financial services competition could be on the horizon. This week’s look at the latest in open banking initiatives explores how financial institutions (FIs) are readying their systems...
OCBC Bank announced that it is harnessing the Visa Commercial Pay Mobile solution as part of its first virtual purchasing card product, according to a Monday (May 10) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Today in B2B payments, PAAS takes expense management lessons to accounts payable, and food retailers reinstate supplier fee policies. Plus, Ancora Software discusses source-to-pay data flows, Aareal Bank introduces a PayPal B2B payment tool, and Railz raises funding to unlock accounting data. Get the Full...
Ebury’s new Parallel Forward program will help to ease trade with Chinese suppliers, a company blog post said Monday (May 10). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Wave’s instant payouts feature, which is powered by Visa Direct and made available via Wave’s financial institution partner, has rolled out in Canada. Wave is an H&R Block subsidiary, according to a Monday (May 10) announcement. Get the Full Story Complete the form to unlock...
BluePallet, a company backed by the National Association of Chemical Distributors (NACD), announced Monday (May 10) it had exited stealth mode to launch its digital marketplace. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Data aggregation and entry is, for many organizations, a necessary evil throughout the enterprise. In accounts payable (AP), the ability to capture invoice data and ingest it seamlessly is an essential first step to supplier payments, and yet it is all-too-often the biggest source of...
Advancements in expense management technology have begun to focus on empowering businesses with the ability to combat wasted or excessive spend before it happens. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
The late supplier payments fight is a lofty one, particularly for smaller vendors. But it’s only one part of a bigger challenge in the often conflicting relationship between buyer and supplier — as new policies from Walmart reveal. While the retail conglomerate has expanded its...
