Image: UnsplashFor a long time, people have relied on credit cards to help with the handling of major expenses. The idea is simply to put a large payment on a credit card and pay it back in chunks as efficiently as possible. This remains a viable option in many cases, but for some it is […]
Cash Management is simply put about the effective managing of Cash in any entity or organization. Cash exists in physical and electronic forms and can be collected or paid. In this category we learn what Cash Management means for Banks and for Corporations.
The revised Payment Services Directive (PSD2) went live in January 2018 and is set to have a broad impact on the financial services industry across and beyond Europe. One main goal of the revised PSD2 is to encourage competition by allowing new players, the Third-Party Providers, to enter the European Single Market. The directive removes […]
B2B Payments Company offers an easy-to-use solution to get paid faster while automating invoice reconciliation TransferMate Global Payments, one of the world’s leading cross-border B2B payments providers, has deployed an advanced receivables solution to businesses around the world. The payments solution enables TransferMate clients to reduce their days sales outstanding (DSO) while gaining control and […]
As payments payments professionals, we are sooner or later confronted with this question: Do you know Cash Management and the payment messages involved? When I was asked that question the first time, I was a bit puzzled even if I later realized that it is not rocket science. In fact, if you are a payment […]