“How come I didn’t know about this before?” That’s the most common response Request Network CEO Christophe Lassuyt said he hears these days from the thousands of new businesses that are signing up for his blockchain invoicing service each month. In August, the Singapore-based startup...
Re-imagining business payments will take input from stakeholders across the ecosystem — banks, payments networks, enterprises and FinTechs among them — to benefit buyers and suppliers. In a panel moderated by Flint Lane, founder and CEO at Billtrust, a trio of payments professionals said that...
In the grand scheme of things, when running a business, the prospect of “almost cash” is reminiscent of “near beer.” It’s something — but not quite the real thing. Managing credit and collections — and the accounts receivable (AR) process at large — is an...
Today in B2B payments, banks must offer their business customers lower costs, more speed, convenience and transparency, with B2B payments made increasingly in real time. Plus, 56% of small and medium-sized businesses (SMBs) say immediate payment platforms lead to more revenue, and while real-time payments...
In B2B, the “match game” is the part of the payments process that no one loves, yet the game is played by all: Matching, of course, the invoices and the PDFs, the paper checks to the payments … which ultimately, slowly, winds up as cash in...
Managing accounts receivable (AR) struggles in a remote working environment is not without its challenges, as many companies have learned during the pandemic, but automation has helped companies blunt the impact and keep their cash flow steady. In fact, 62% of firms that deployed AR automation reported that...
The United Arab Emirates’ Mashreq Bank is working with Visa on a digital reconciliation platform that can track, trace and analyze company expense accounts, The FinTech Times reported. The partnership between the digital-first bank and the credit card giant has led to the launch of...
In lists of technology innovations and developments across West Africa, we usually see the achievements of the usual suspects: Nigeria, Ghana and sometimes Cote d’Ivoire. But one country that is making great strides in the sub-region is Senegal, a leader in information technology (IT) and...
Emotu Balogun knows all too well the important role that logistics play when running an effective marketplace. The Nigerian entrepreneur got his start at a fashion marketplace where he gained key insight into the difficulties surrounding fulfillment and how it stood in the way of...
