Citizens explores corporate real-time payments, HostBooks launches SMB accounting tool and WEX finalizes its Noventis acquisition
| | | | BUSINESS TO BUSINESS EDITION | | Citizens Bank's Corporate Real-Time Payments Play Small FIs and major retailers say the Federal Reserve can pave the way to provide a ubiquitous, real-time payments (RTP) system. However, The Clearing House argues that its own RTP rails are here and working, while adopting a second system could mean costs and delays. Januaryâs Faster Payments Tracker digs into the debate â plus, Matt Richardson, Citizens Bankâs head of product solutions, talks tapping RTP for corporate real-time payments. |
| VCs Looking For FinTech Firms To Solve The Pain Of Unpaid Invoices MarketInvoice's recent investment from Santander and Barclays isn't the only funding round of the week showing support for the invoice finance space. Two other B2B FinTech firms land venture capital (VC) for their factoring solutions, showing VCs' interest in how FinTech can target the pain point of vendors' unpaid invoices. |
| | Data & Business Intelligence | | Where APIs Fall Short On Corporate Finance Integration As businesses embrace digital apps, integration becomes a headache â and an expensive one, at that, with Cleo researchers linking lackluster integration to $500,000 in bottom-line losses every year. Cleo Chief Technology Officer John Thielens explores how inadequate integration causes businesses to lose out on revenue, and why APIs aren't yet the silver bullet to cross-platform data connectivity. |
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