Kabbage acquires Radius Intelligence, Tesorio eyes AR data in cash flow forecasting, and B2B Pay goes after a bank license
| | BUSINESS-TO-BUSINESS EDITION | Hong Kong Relaxes Rules In Effort To Boost FinTech Lending In efforts to boost FinTech and collaborative efforts across Open Banking and application programming interfaces (APIs), Hong Kong Monetary Authority is loosening rules governing lending activities aided by tech (and Big Data). Elsewhere, new serverless infrastructure in Australia, Cashwerkz seeks to speed and streamline enterprise and bank cash management activities. |
Banks Flock To Trade Finance FinTechs This week, Standard Chartered announced a collaboration with Traydstream to digitize and streamline the trade finance process for B2B buyers and sellers. It was far from the only bank-FinTech collaboration as of late targeting trade finance friction, with other joint efforts tackling the movement of funds, the digitization of documents and the connecting of business partners across global supply chains. |
| Cash Flow Management | The Cash Flow Connection To Accounts Receivable Accounts receivable (AR) can be a treasure trove of valuable data businesses need to analyze and predict cash flow. But AR data alone isn't enough to turn unpaid invoices into cash, says Carlos Vega, co-founder and CEO of Tesorio. He, along with Hope Cochran, managing director at Tesorio investor Madrona Venture Group, tell PYMNTS how artificial intelligence can elevate the potential for AR, accounts payable (AP) and enterprise resource planning (ERP) data to offer a longer-term cash-flow outlook. | | |
| Having trouble viewing this email? Please Click Here This email was sent to you by PYMNTS.com. To ensure delivery to your inbox, please add ops@pymnts.com to your address book. |
|
This email was sent to newsletter@newslettercollector.com by PYMNTS.com
Instant removal with unsubscribe
PYMNTS.com | 111 Devonshire Street | Boston, MA | 02108