Ejhq Two-Thirds of Financial Institutions Recognize Need for B2B Payment Solutions
Finance and IT platform Kyriba and J.P. Morgan Payments have launched a real-time treasury solution.Offered to the companies mutual clients through a new application programming interface API , the solution provides RTP network payments, payments status and bank reporting, the companies said Tuesday Nov. 29 in a press release. The new API integration empowers our mutual clients with real-time treasury and rapid decision support to improve financial resilience through accelerated investments, reduced borrowing and more effective hedging, Kyriba Global Head of Market Strategy Bob Stark said in the release.By providing e
stanley ca nd-to-end process automation, the solution enables more frequent data retrieval and status updates to power real-time decision making, according to the release.In addition, the new solutions real-time payments reduce payments costs by as much as 83%, its re
stanley kubek al-time bank reporting accelerates cash positioning and liquidity planning, and its end-to-end real-time payment processing improves payments governance and fraud detection, the release said. Using this solution, early adopters can leap ahead with real-time treasury technology as they navigate increased volatility and fragmented pr
stanley thermos ocesses, Santiago Alcaraz, head of partnership and integrations at J.P. Morgan Payments Digital Channels, said in the release.A survey from the Federal Reserve found that three out of four businesses consider offering faster payments important, with nine out of 10 expecting to of Uapq Business Banking Co Pleo Shifts To Credit Cards
As reported by The Wall Street Journal, the financial arm of Chinas Alibaba Group, Alipay, is looking to
stanley mug create partnerships in areas as diverse as the United S
stanley cup tates and Europe. The goal is to build a platform of payments across the globe. The newest link may come this week w
stanley france ith an announcement that Alibaba will work with Thai firm Charoen Pokphand.The immediate aim, said WSJ, is to broaden the range of the Chinese consumers who use Alipay mobile applications. Alipay, of course, has gotten a tailwind from eCommerces own growth and umbrella holding company Ant Financial 聽expansion of its roster of services offered to its users.Beyond China, Alipay has acceptance at 80,000 merchants through more than 70 countries.Should Ant Financial go public, said the WSJ, it could be valued at as much as $100 billion, though no specific time or place read: exchange has been decided yet.