How APIs promote bank/FinTech collaboration, Oracle releases payment tool for banks, and WEX develops an accounts payable solution.
| | | | BUSINESS TO BUSINESS EDITION | | The Cash Flow Effect Of On-The-Spot Invoicing
The struggle small suppliers endure to get paid is well-documented, but for small service providers, this pain point can be particularly severe. That's because these companies are often working on-site, therefore having to issue invoices and accept payment on the spot, too. Tedd Huff, VP of Product at payment processing company GlobalOnePay, says pairing mobile eInvoicing with payment acceptance means fewer invoice delinquencies and stronger cash flow.
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| Restaurants Still Need Human Capital As eProcurement Gets Technical
The restaurant industry has certainly evolved thanks to technology, and that includes back-office functions like procurement. But a new report from eProcurement firm Proactis finds that, while implementing new technology is a top priority for the industry's procurement teams, the sector is also growing increasingly concerned about a lack of human expertise to gain the full benefits of new tools. Proactis says the data shows why humans are still key in a technological world.
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| | B2B API Tracker™ | | API As Olive Branch? Silicon Valley Bank Seeks To End FI Rivalry
In the past, banks and FinTechs have been known to lock horns like (financially savvy) reality TV stars. Can APIs build a bridge by handing everyone a rose? For Augustâs PYMNTS.com B2B API Trackerâ¢, a FI.SPAN collaboration, Silicon Valley Bank Director Jason Carone talks about the role of APIs as the âlingua francaâ that FinTechs and FIs alike speak. Plus, the latest headlines and a provider directory with over 30 players in the space, inside the latest Tracker. Read More... |
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