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FinTech/FI Collaboration

In Europe, Cross-Border FinTech And FI Efforts Eye Speed And Remittances

FinTech firms are making strides in cross-border payments and tie-ups with more traditional players, as evidenced by Numbrs linking with German insurer Allianz. Elsewhere, faster payments gets a boost in the U.K.

Data Digest

Australian Governments Take Action On Late SMB Payments

At the national and state level, Australian government bodies are vowing to accelerate payments to small businesses (SMBs) — in some cases, with payment terms as short as five days. Elsewhere, Xero research reveals Hong Kong is not immune to the late payments plague, while the U.K.'s Bacs also warns of consequences of unpaid invoices.

Connecting The Procurement Dots, From Purchase Order To Payment

What drives accounts payable (AP) efficiency — electronic payments? Yes. Digital data? Absolutely. Yet, where the efficiencies truly begin, says BuyerQuest CEO Jack Mulloy, is all the way back in procurement with the purchase order. He tells PYMNTS how to connect the dots between AP, procurement and even a vendor's accounts receivable processes to kill the friction.

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