Ripple accused of false SWIFT error rate claims, NatWest connects businesses to Apple Pay and GoCardless on bank debit's recurring B2B opportunity
| | | | BUSINESS-TO-BUSINESS EDITION | | The Expense Analytics Challenge Of Complex Invoices When working with telco or cloud-computing vendors, accounts payable departments receive complex invoices with millions â sometimes billions â of pieces of information. With no way to manually analyze all those expenses, Synchronoss Senior Vice President and General Manager of Digital and IoT Chris Hill says organizations are likely making inaccurate payments, being overcharged and losing out on the ability to analyze and forecast. He speaks with PYMNTS about the technology that tackles the complex invoice challenge. |
| Bank/FinTech Collaboration |
| FinTech Firms Take The Reins In Open Banking For SMBs Open Banking continues to explore new B2B use cases. This week, FinTech firms took the reins as they introduced application programming interface (API)-powered solutions for small businesses. Experian, QuickBooks and VoPay leaned into the API opportunity in a range of B2B financial services use cases, including small business loan application, online accounting, bank account opening and a solution offering small businesses an alternative to card payment processing. |
| | Recurring Payments | | How Bank Debits Are Driving Subscription Commerce Growth Recurring payments are gaining steam, particularly as more businesses look overseas for growth. Bank debits could be one key to tying together those trends, Pranav Sood, vice president and general manager of international expansion at GoCardless, tells PYMNTS. Itâs not just B2C transactions that could benefit, either. Hereâs what he says needs to happen to promote further growth â and the role that bank debit for recurring billing can play. |
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