PYMNTS

OCTOBER 3, 2019

Application program interfaces (APIs) are helping to speed Open Banking — and, by extension, bringing trade finance into the digital age. To that end, HSBC said last week that it is deploying an API designed to promote bank collaboration, with a focus on trade finance.

Finance 76

Finance accounting and finance B2B Legal 76

PYMNTS

DECEMBER 6, 2019

This week saw B2B FinTechs targeting a range of pain points for business customers around the world, as investors put nearly $462 million in combined funding into the space. Based in Brazil, Cora – which offers small- and medium-sized financing solutions – announced $10 million in new funding this week for its lending tech.

B2B 53

B2B payroll Technology AP Automation 53

PYMNTS

OCTOBER 28, 2019

The Big Four auditing firms — EY, Deloitte, KPMG and PwC — have recently requested that the Financial Accounting Standards Board (FASB) provide clarity in how corporates should classify their reverse factoring or supply chain financing agreements, adding more fuel to a long-standing debate as to whether such trade financing tools are debt.

B2B 40

B2B accounting and finance accounting standards Finance 40

PYMNTS

DECEMBER 2, 2016

We’re covering two weeks’ worth of B2B venture capital funding, and across the board, India has come out on top. But the largest venture capital funding round went to an accounts payable automation firm in the U.S. But the largest venture capital funding round went to an accounts payable automation firm in the U.S.

B2B 53

B2B Accounts Payable Automation accounts payable Travel Expense Management 53

PYMNTS

DECEMBER 22, 2020

This week's look at the convergence of accounts payable and accounts receivable finds tools like commercial cards, trade credit, artificial intelligence and robotics process automation easing friction on both ends of a B2B transactions. PYMNTS And CSI Eye AR-AP's Digital Shift. Robotics Process Automation Tackles AR-AP Friction.

Technology 79

Technology accounts payable B2B Legal 79

PYMNTS

FEBRUARY 28, 2019

Wirex, a cryptocurrency and fiat (real money) payments platform, is releasing a beta version of a regulated crypto-oriented business account, according to reports. The account will support both crypto and fiat payments, and users will be able to transfer funds using over the counter rates or using blockchain, SEPA or Swift.

business accounting 64

business accounting Ohio Account accounted 64

PYMNTS

FEBRUARY 24, 2017

B2B FinTech startups came close to hitting the $100 million investment mark this week, with funding rounds in the U.S., The most lucrative players are operating in the SME finance space, with a small business banking startup landing more than a quarter of the funding. B2B eCommerce. B2B FinServ. Alt-Lending. SME Banking.

B2B 43

B2B Travel Expense Management accounting and finance Finance 43

PYMNTS

NOVEMBER 18, 2019

With Open Banking business models inspiring FinTech innovators to explore other use cases for data integrations, the B2B financial services market has seen a swath of collaboration between traditional financial institutions and FinTech firms — and between FinTech firms themselves.

payroll 48

payroll Account accounted accountant 48

PYMNTS

FEBRUARY 3, 2020

The conversation surrounding late supplier payments is proliferating as new controversies emerge about the impact of reverse financing on supplier payment practices, and as some high-profile businesses face their own late payments criticisms. percent year-over-year decline in capital raises for legal cannabis companies between 2018 and 2019.

B2B 52

B2B accounting and finance Legal Finance 52

PYMNTS

JULY 27, 2018

The biggest investment news of the week came on Thursday (July 26), when cross-border B2B payments company Flywire announced an impressive $100 million funding round. But it wasn’t the only – or even the largest – B2B startup to secure funding. WeWork said it will use its investment to focus on expansion throughout China.

B2B 40

B2B Expense Management Technology accounting and finance 40

CPA Practice

JANUARY 16, 2023

AbacusNext, a software provider for legal and accounting professionals, has announced the addition of Greg Reynolds as chief technology officer, Arik Moav as chief financial officer, and James O’Connell-Cooper as senior vice president of marketing. Moav led the IPO process as the company went public.

accounting and finance 52

accounting and finance B2B Legal Finance 52

PYMNTS

JULY 20, 2020

“The solution is a powerful, data-mining tool to help leaders extract intelligence from a multitude of legal instruments to make more informed and effective business decisions.”. Contracts can be reviewed and analyzed using the integrated platform, benefitting procurement, legal, finance and accounting functions.

Technology 70

Technology Legal B2B accounting and finance 70

PYMNTS

APRIL 7, 2017

B2B FinTechs in the U.S. This week, the two countries were the only markets that landed on the B2B venture capital board, with funding landing at SaaS, Big Data and procurement startups across a range of industries, from corporate social media management to marijuana procurement. B2B eCommerce. Software-As-A-Service (SaaS).

B2B 43

B2B Nevada Oregon Colorado 43

PYMNTS

AUGUST 6, 2018

The movement to speed commerce comes alongside the movement to open up trade finance, the funding of international trade through various agreements between sellers and buyers. But when late payments become part of the tapestry, financing options and inventiveness suffer. One notable user of such financing: Carillion, the U.K.

Finance 40

Finance Construction accounting and finance corporate accounting 40

CPA Practice

FEBRUARY 1, 2024

CPAs and accountants are uniquely positioned to help their clients out with a variety of advisory services. Making more money ranked higher than getting financing or seeking acquisition, but just how are they getting their money? Offering these kinds of value-added services also help you stand out among other accountants and firms.

E-commerce 64

E-commerce quickbooks tax return payroll 64

PYMNTS

JULY 2, 2020

In a statement, BMO Harris Bank Head of North American Corporate Card Products Steve Pederson said the partnership “helps our clients streamline the B2B payment process, better support cash flow needs, and simplifies the process suppliers traditionally go through to accept a payment.” Global Cash Card’s Legal Saga Ends.

payroll 83

payroll New York Legal Technology 83

PYMNTS

SEPTEMBER 27, 2017

Trade finance revenue is slipping at the world’s largest banks, especially as companies struggle in a global trade environment operating with a $1.5 trillion gap in trade finance availability. trillion trade finance gap which disproportionately impacts small- and medium-sized businesses (SMBs).

Finance 51

Finance accounting and finance Legal Technology 51

PYMNTS

JUNE 1, 2018

These are heady times for the gig economy, independent contractors and the legal and payment issues attached to those areas. The new QuickBooks tool gives “small business owners confidence in their finances,” according to the press release. Intuit, which owns the QuickBooks accounting software, estimated that “43 percent of the U.S.

quickbooks 40

quickbooks B2B accounting software payroll 40

PYMNTS

OCTOBER 6, 2017

In this week’s B2B venture capital breakdown, alternative lending for small- and medium-sized businesses (and their employees) is the clear winner. Here’s an interesting alternative lender to land on the B2B investment board. million by Legal & General, while Blenheim Chalcot also participated, according to reports.

accounting and finance 61

accounting and finance B2B Finance payroll 61

PYMNTS

JULY 6, 2020

This week’s look at the latest cases of B2B fraud finds a surge of business email compromise (BEC) attacks, as well as emerging trends in fraud related to government coronavirus relief efforts. million of that financing was obtained in the form of a Paycheck Protection Program loan, officials noted, with U.S.

accounts payable 59

accounts payable Missouri Real Estate payroll 59

PYMNTS

JANUARY 22, 2020

Commercial cards remain only a fraction of the B2B payments space, but FinTech firms, banks and other financial service providers continue to develop new solutions aimed at boosting adoption. For companies like SmartEquip and Unified Payments Group , that means introducing new ways to lift the burden of suppliers accepting cards.

payroll 52

payroll B2B New York Legal 52

PYMNTS

JULY 8, 2019

is perhaps the most vocal market in the late B2B payments world, with regulators working to address delayed invoice payments, while FinTechs and banks weigh in on the matter with their own efforts to tackle the issue. late payments, and examines the numbers behind the late B2B payments challenge in other markets, too.

B2B 49

B2B Entertainment accounting and finance Finance 49

PYMNTS

APRIL 29, 2020

One of them is Bankera , which recently launched an alternative to the traditional bank account for companies operating in the cryptocurrency arena. For Bankera’s account solution, it was important to include support not only for crypto transactions, but also for other fiat currencies that use traditional networks like SWIFT and SEPA.

accounting and finance 113

accounting and finance B2B Maine Legal 113

PYMNTS

DECEMBER 7, 2018

A previous legal effort from the SFO had been abandoned earlier this year just before a jury was slated to deliberate its verdict. corporate finances following a series of scandals. .” corporate finances following a series of scandals. Tesco acknowledged in the autumn of 2014 that it overstated profits, the BBC said.

Account 43

Account accounted accountant auditor 43

PYMNTS

NOVEMBER 19, 2019

The compliance burden of a legal marijuana business having to manage regulations that vary by state, and between the state and federal level, has created a banking conundrum for a market forced to rely heavily on cash. This is not just about opening an account,” Craig continued. You need to watch every transaction.”.

Legal 43

Legal accounting and finance accounts payable payroll 43

PYMNTS

OCTOBER 11, 2018

Corporates are gearing up to manage a whole slew of accounting standards changes in the coming years, but one of the more immediate effects involves how leases are recorded on financial statements. Some companies may seek legal advice on adopting the new standards or interpreting loan covenants.

Account 49

Account accounted accountant financial statements 49

CTP

OCTOBER 28, 2024

Administrative & Financial Support Moving into the realm of finances, a family office may handle bookkeeping, legal and estate planning oversight, cash flow management, financial advice, insurance management, accounting and tax filing oversight, and charitable giving management.

Tax 52

Tax Government Real Estate payroll tax 52

PYMNTS

APRIL 18, 2018

A slew of accounting scandals in the U.K. has led the government to launch an inquiry into the powers of the Financial Reporting Council (FRC), the government watchdog aimed at overseeing auditing and accounting practices in the country. Reports in Reuters this week said the U.K. Reports in Reuters this week said the U.K.

Account 40

Account accounted accountant audit 40

PYMNTS

MARCH 3, 2017

This week we see startups from the software-, banking- and data-as-a-service ranks landing new funding for their B2B solutions. banking-as-a-service company emerging at the top of this week’s B2B Venture Capital roundup. has developed software to help companies manage financial agreements to ensure legal enforceability and compliance.

Technology 59

Technology B2B accounting and finance Legal 59

PYMNTS

JANUARY 28, 2020

LexisNexis CounselLink, a legal management solution for corporate legal departments, has teamed up with capital solutions provider LSQ on CounselLink FastTrack, a faster way for law firms to get invoices paid, according to a release. . Dan Ambrico, CEO of LSQ , shared a similar sentiment. “At

Legal 52

Legal Finance accounts payable B2B 52

PYMNTS

MAY 8, 2019

calling out the small business lending industry’s issue of abusive loan terms that “have led to a flood of questionable legal actions” against borrowers. “We are accountable for cleaning up this market,” he added, calling on the FTC to take a tougher stance on predatory small business lending.

accounting and finance 60

accounting and finance Washington California Finance 60

PYMNTS

FEBRUARY 7, 2018

Artificial intelligence (AI) is finding success in the back office, and that includes in financial systems and accounting departments. To achieve this, companies have to take into account the device through which customers pay, their preferred payment rail, even details like what time of day is best to contact them about a payment that’s due.

accounting and finance 43

accounting and finance Legal Technology accounts payable 43

PYMNTS

AUGUST 3, 2018

firms, said Jared King, founder and CEO of accounts receivable firm Invoiced. The customer voice isn’t only influencing how an accounts receivable (AR) department issues invoices, either. customers in Europe more often prefer to pay via bank account transfers, King said. every year, less than half are electronic.

B2B 40

B2B accounting and finance Legal accounted 40

PYMNTS

JUNE 1, 2017

The company announced Wednesday (May 31) that it is rolling out NICE Actimize ABC, an anti-bribery and anti-corruption solution that analyzes financial data to identify potential instances of bribery for accountants and auditors. “We In most enforcement actions, roughly 50 percent come out of whistleblowing.

Technology 40

Technology audit accounting and finance Entertainment 40

PYMNTS

FEBRUARY 8, 2018

The nation is embracing faster payments and FinTech innovation, while the market is being shaped by everything from the payments Modernization initiative of Payments Canada to the legalization of marijuana. Similarly, fewer CFOs have both a master’s degree in addition to either an accounting or finance designation.

accounting and finance 43

accounting and finance Finance Legal CPA 43

PYMNTS

AUGUST 7, 2019

“We have always emphasized that startups must concentrate not only on business development but to invest in risk control measures, while taking into account the volume and complexity of their activities, as well as to ensure proper compliance with legal requirements,” he added.

accounting and finance 40

accounting and finance financial statements Legal audit 40

PYMNTS

JUNE 10, 2019

The scam involves communications from fraudsters impersonating company officials, suppliers or vendors, instructing unwitting victims to wire funds to accounts they have set up. In other news, spotlighting individual cases of payments fraud, as reported by the Grimsby Telegraph , a finance manager for U.K.

Healthcare 51

Healthcare accounting and finance Legal Government 51