B2B firms have two items at the top of their wish list this holiday season: more liquidity, and greater operational efficiency. These dual priorities reflect the pressure to navigate uncertain economic conditions, escalating supply chain complexities and evolving customer expectations. Today’s financial landscape represents a...
Not all data is created equally. And for 21st century finance and treasury teams attempting to navigate today’s atypical and dynamic economic environment, it’s not just about having data — it’s about having the right data. Still, the rise of digital finance tools means finance...
Spendesk launched a payment institution that enables it to offer payment solutions to its clients across France and the European Union. The new Spendesk Financial Services is regulated by the Autorité de Contrôle Prudentiel et de Résolution (ACPR) and includes a collaboration with Visa, Spendesk...
In today’s business environment, taking a hands-on approach can sometimes be a bad thing. Literally. While key corporate functions such as finance, treasury, accounts payable (AP) and accounts receivable (AR) have traditionally relied on manual processes — which often involve time-consuming data collection, analysis and...
Torpago has raised $10 million in a Series B funding round to support its white-label commercial credit card and expense management platform designed for banks. The company will use the new funding to service growing demand for its solution, enhance implementation and compliance resources, and...
Businesses in the Eurozone have seen their third straight month of growth. According to The Wall Street Journal, this upward climb has been driven in a large part by stronger-then-expected economic numbers coming from Germany’s services and manufacturing sectors. This is welcome news for a region...
GSCF is launching a working capital as a service solution for businesses. The offering will allow companies to maximize their liquidity management by applying an operating model that is integrated with their funding partners, the company said in a Wednesday (May 22) news release. By combining...
RBC Capital Markets has launched a cloud-native cash management solution designed for Fortune 1000 companies in the United States. The new RBC Clear platform provides near real-time traceability and transparency of transaction lifecycles for corporate treasurers, the firm said in a Tuesday (April 16) press release. “When we decided...
The Asia-Pacific (APAC) region contributed roughly two-thirds of global growth last year. PYMNTS Intelligence recently studied Growth Corporates, or mid-market firms, in the APAC region to determine how they leveraged working capital solutions as part of our “2023-2024 Growth Corporates Working Capital Index” series. The...
