Deutsche Bank announced on Tuesday (Feb. 18) that it would improve its Sri Lanka operation with the launch of a new digital foreign exchange (FX) program, reports said. The FX program is a step into the corporate client market, and its investments in Sri Lanka...
Automated solutions could help smooth onboarding frictions, yet many AP departments still rely on old-school techniques and are perfectly satisfied with them. The latest Payables Friction Playbook analyzes the ways businesses onboard new suppliers to see where digital methods excel (and potentially fall short). AP...
There is a chain reaction set off when a consumer makes a seemingly simple purchase online. While the shopper will click “buy,” then receive data about order confirmation, payment acceptance and shipping, the retailer itself is bombarded with information and a slew of decisions to...
While giving the customer what they want is always advisable, knowing exactly what it is can be challenging, as needs depend greatly on context. Some things are always a pretty safe bet – the need for speed is common whether one is talking business or consumer payments, which means finding...
April 07, 2023
Merchants have gradually transitioned toward payment digitization for several decades, but these efforts have gained momentum in recent years. Companies are rapidly replacing legacy payment systems with more modern alternatives, which has impacted virtually every aspect of the business. For example, businesses are now making as few as 25% of business-to-business (B2B) payments by check, […]
