BNP Paribas has gone live with its new g4C Pay and Trace service, which lets corporations better track and analyze spending for B2B payments, according to a press release. The launch comes on the heels of the integration of BNP Paribas’ integration of SWIFT gpi-related information with the global channel Connexis Cash earlier this year. The … Continue reading BNP Paribas Rolls Out New Payment Tracking Service Continue Reading
Spiff, which works in sales commission and software, has come off a funding round with $10 million, which it intends to use to boost its software to automate commission payments, TechCrunch reported. Some of Spiff’s investors include Norwest Venture Partners, Next World Ventures and Epic Ventures, with seed investors Kickstart Album Ventures, Pipeline Capital and Peterson Ventures … Continue reading Spiff Raises $10M For Automated Commission Payments Continue Reading
Billtrust, which works with B2B order-to-cash solutions and accounts receivable automation, has expanded its tools to boost email billing, expand digital payments and accelerate cash flow, according to a press release. The company’s new solutions will help to aid remote workers during the pandemic, according to the release. With the Pay on Email feature, Billtrust … Continue reading Billtrust Adds Tools To Enhance Payments Automation, Transparency Continue Reading
San Francisco’s planned next phase reopening scheduled for Monday (June 29) for outdoor bars, hair salons, museums and more has been put on hold. Mayor London Breed tweeted Friday (June 26) that the city will wait as the number of COVID-19 cases rise across California, CNBC reported. “Yesterday we saw 103 cases,” Breed wrote. “On … Continue reading San Fran To Delay Next Wave Of Reopenings Amid COVID Spike Continue Reading
Companies owned by private equity firms are not seeing the money for protection that those firms ostensibly have saved up, The Wall Street Journal (WSJ) reported, and many are tumbling into bankruptcy. The companies, ranging from restaurants to rental companies and retailers, have not seen any of the “dry powder,” or the money that the private … Continue reading PE Firms Shun Investments In Older Firms Hard Hit By Pandemic Continue Reading
Wirecard AG, the disgraced German payments provider that filed for insolvency last week over a $2.1 billion accounting scandal, told customers it’s business as usual at all but one of its subsidiaries. In a posting on its website, the suburban Munich company said Wirecard Bank is not part of the insolvency proceedings and electronic fund transfers … Continue reading Wirecard Says Payouts To Merchants Will Continue Uninterrupted Continue Reading
In the ongoing scandal of Wirecard, under fire for fraud, the focus is now turning to auditors Ernst & Young (EY), which reportedly failed to report Wirecard’s “unorthodox financial arrangements” as far back as 2016, The Wall Street Journal (WSJ) reported. According to emails seen by WSJ, the auditing firm knew of and had questions about the arrangements and was … Continue reading EY Accused Of Missing Alleged Wirecard Fraud Continue Reading
The Federal Deposit Insurance Corp. (FDIC) is considering nixing its quarterly reports of banks in an attempt to modernize the way data is handled. The reports have been a fixture of the way the government monitors for risk for 150 years, The Wall Street Journal (WSJ) reported, but they could now be scrapped in favor of a more timely, … Continue reading FDIC Looks To Modernize Bank Reporting Continue Reading
ING has extended a back-office automation agreement with artificial intelligence (AI) firm, Expert System. ING is deploying the tech across its call centres The Dutch bank is deploying Expert System’s natural language understanding (NLU) services. This will improve its application of robotic process automation (RPA). According to Expert System, RPA can sometimes fall short in … Continue reading ING taps Expert System to boost back office automation Continue Reading
The Berlin office of David Chipperfield Architects has built an art gallery and conference hall to complete the Carmen Würth Forum cultural building in Künzelsau, Germany. The art museum and conference facilities were built alongside a partially subterranean concert hall that was completed by David Chipperfield Architects in 2017. Together, the interconnected buildings – which stand alongside German screw and … Continue reading David Chipperfield unveils Würth art gallery in southern Germany Continue Reading