Mimo raised 15.5 million pounds (about $19.4 million) to launch its financial management platform for small- to medium-sized businesses (SMBs) and accountants. The platform helps these businesses simplify global payments, cash flow and financial management, the company said in a Thursday (April 11) press release. The company’s...
The way businesses pay vendors, handle invoices and apply for financing is, in many ways, what defines and drives their business strategy. And the financial operations supporting today’s top business strategies are increasingly getting a shot in the arm from artificial intelligence (AI) solutions that...
The Clearing House’s RTP® Network has seen growth in both transaction volume and value in 19 out of the last 20 quarters, dating back to 2019. Both metrics are growing 15% per quarter, on average, The Clearing House said in a Thursday (April 4) press release. “RTP transaction...
Today’s corporate treasurers face a dynamic set of demands. These requirements, which have traditionally centered around core activities like working capital management, banking, investments, risk management for currencies and interest rates, and other operationally necessary financial exercises, are becoming increasingly scaled up as businesses expand...
April 11, 2024
The way businesses pay vendors, handle invoices and apply for financing is, in many ways, what defines and drives their business strategy. And the financial operations supporting today’s top business strategies are increasingly getting a shot in the arm from artificial intelligence (AI) solutions that are redefining efficiency, payment speed and vendor settlement for businesses. […]
January 03, 2024
If businesses aren’t focused on what’s coming next, they are missing out. And coming out of 2023, where the only certainty was uncertainty, one thing is clear: Those who are...
December 29, 2023
A corporate bank account overdraft happens when a business’ bank account has a negative balance, leading to the account holder incurring a debt. It may be costly, as the outstanding...
December 20, 2023
Irfan Ahmad, managing director and head of U.S. payments GTS at Bank of America, said instant payments will get a lift from some of the most basic, proactive approaches from...
April 11, 2024
Mimo raised 15.5 million pounds (about $19.4 million) to launch its financial management platform for small- to medium-sized businesses (SMBs) and accountants. The platform helps these businesses simplify global payments, cash flow and financial management, the company said in a Thursday (April 11) press release. The company’s solution is designed to help SMBs and accountants pay invoices, […]
April 04, 2024
The Clearing House’s RTP® Network has seen growth in both transaction volume and value in 19 out of the last 20 quarters, dating back to 2019. Both metrics are growing 15% per...
February 29, 2024
Xero, a global small business platform, will enhance its accounts payable (AP) capabilities for its U.S. customers through a new partnership with BILL, a financial operations platform for small and...
February 20, 2024
FinTech Adyen partnered with B2B payments platform Billie to offer buy now, pay later (BNPL) payment services to online shops and marketplaces. The integration allows Adyen’s customers to activate Billie’s...
