Citi talks Spring and payments collection for treasurers, Bank of America plans cash forecasting technology launch and NCR blocks QuickBooks in string of hacks
| | | | BUSINESS-TO-BUSINESS EDITION | | Shifting Logistics To The Center Of Trade Finance Banks may be experts in finance, but when it comes to international trade, they can lack the visibility necessary to make the most accurate underwriting decisions. ConsolFreight Chief Strategy Officer Alejandro Gutierrez tells PYMNTS that, as the boots on the ground, freight forwarders have the greatest insight into trade risks, and stand to broaden availability to trade finance for small businesses (SMBs) that might otherwise receive a stamp of rejection. |
| To Accelerate Payments, Mix Rails Or Nix Rails? Payment players this week showcased two different strategies to accelerate payments: combine payment rails in favor of integrated services or nix one rail in favor of another. Plus, PYMNTS looks at the latest in how new, faster payment services â including NPP and FedNow â have begun to focus on value-added features to promote adoption. |
| | Cash Management | | Citi: Turning Digital Payments Acceptance Into A Corporate Cash Management Play The impending launch of Spring by Citi turns its corporate clientsâ consumer digital payment flows into a broader cash management play. Itâs a direct response â Manish Kohli, Citi's global head of payments and receivables, tells Karen Webster â to its clients' shifting business models, and consumer engagement strategies. He explains how digital payments acceptance has become a treasury management tool. |
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