The bank-FinTech collaboration model is often about wielding digital-native FinTech solutions to fit within bank offerings. 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 our daily...
Although the enterprise continues to accelerate its digitization efforts, chief financial officers keep hitting roadblocks when it comes to modernizing workflows regarding accounts payable (AP) and embracing electronic payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Businesses have responded to the pandemic by tapping into their cash reserves, as around 32 percent of businesses plan to diminish their cash holdings in the next quarter, the Association for Financial Professionals (AFP) announced in a press release. Get the Full Story Complete the...
Coupa, which works in business spend management, is rolling out new capabilities to help with businesses’ spend visibility while lowering risk, through a cloud-based platform, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Mastercard has officially enrolled in the Pay.UK‘s Request to Pay service, which aims to allow customers to view and pay bills in a more streamlined, efficient manner, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy...
Though applications of the U.K.’s open banking framework have grown more diverse since its launch in 2018, the initial excitement behind the regulatory initiative was its opportunity to lower barriers to market entry for new FinTechs, and to augment competition in the financial services world....
Although there are countless ways a cybercriminal can swindle funds from a company — either from the outside or within — it’s often the invoice at the center of the crime. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Avanti Financial Group said in a press release that it could begin operating as a bank as early as October and plans to offer a real-time settlement solution for corporate treasurers. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Procurement teams have a lot on their plate. On top of acting as a key component of their enterprises’ broader payments and workflow digitization strategies, procurement departments are also central to optimizing spend and strengthening supplier relationships. Today, they’re managing this workload in a remote...