Remove accounted Remove accounting meaning Remove B2B
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How Data Empowers The New Face Of SMB Accounting

PYMNTS

Accountants and bookkeepers have a new reality with their small business clients: machines can do number-crunching and calculations, and these professionals are now forced to examine how to elevate their role with SMBs to continue to provide value.

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Why Payments Are Only A Piece Of SMBs’ Global Finance Puzzle

PYMNTS

As such, FXPress recently announced the acquisition of Avila House , which now enables the FinTech to offer multi-currency accounts to its SMB customers. As Conibear explained, this means not only supporting the initiation of global transactions, but also the receipt of payments in multiple currencies. A Holistic Approach.

Finance 69
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Can Virtual Cards Void Checks’ Feeble Future?

PYMNTS

In an effort to kill the check — where B2B payments are anything but efficient — might virtual cards be the answer? In terms of mechanics, a single-use account means that each supplier payment is tied to a virtual account number, and the credit limit is set to the amount that is dictated by each payment.

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How Overlay Services Add New Opportunities In Open Banking

PYMNTS

For instance, the service’s ability to allow billers to request payment and receive partial payment on invoices could address the pain point of delayed and late B2B supplier payments in the U.K. In addition, promoting the digitization of corporate payments could help “that dialogue between the biller and the payer,” he said.

B2B 54
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Security Demands Spur Virtual Debit Card Adoption

PYMNTS

Some are turning to virtual cards to keep their debit account numbers safe, providing shoppers with newly generated codes that can be restricted to work only when paying specific merchants or used just once before expiring. These kinds of concerns could encourage shoppers to change up how they make payments.