UK regs raise competition concerns over Bottomline's EPG takeover, Transplace explores logistics' biggest B2B payment hurdles and WEX collaborates with Mastercard for UAE expansion
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

October 9, 2019

       BUSINESS-TO-BUSINESS EDITION

Open Banking

Open Banking Spurs FI/FinTech Linkups Via Incubators

New regulations governing financial services — and transparency — as part of Open Banking are spurring new partnerships that seek to leverage data to create new financial products. In one example, ndigit is working to bring PSD2 compliance application programming interfaces (APIs) to Switzerland with F10, a FinTech incubator. Here’s our roundup.

 

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Accounts Payable

Banks Keep Vendors In The AP Automation Conversation

This week's look at how accounts payable (AP) innovators are increasingly focusing on the supplier includes insight from Barclays into the strategic role of buyer-supplier relationships. Plus, new efforts from Visa, Mastercard and WEX prioritize supplier acceptance of cards. Also, the latest PYMNTS Next-Gen AP Automation Tracker highlights the importance of keeping vendors in the AP automation conversation.

 

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Accounts Receivable

Why Transparency Is A Problem In Logistics' B2B Payments

In the logistics space, B2B payments friction often rears its head — not just at the point of transaction, but both before and after an actual payment occurs. Transplace Treasurer Rich Wessels tells PYMNTS that the biggest challenges revolve around a lack of payment predictability and transaction data accessibility, two pain points that can cause ripple effects further up and down the supply chain. Here’s how he says the company is hoping to address the situation.

 

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