Kabbage acquires Radius Intelligence, Tesorio eyes AR data in cash flow forecasting, and B2B Pay goes after a bank license
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

September 42019

       BUSINESS-TO-BUSINESS EDITION

FinTech

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.

 

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Trade Finance

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.

 

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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.

 

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What's Hot


Kabbage Acquires SMB Data Analytics Firm Radius


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