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Accounts Payable

Why Suppliers Are Key For B2B ePayments Adoption
 

Among all the reasons corporates continue to pay their suppliers via paper check — it’s been done this way for years, it lets firms float cash a little longer, it's “easier” than deploying ePayments — here’s a reason that often goes unmentioned: Suppliers, while they may not like checks, do like the remittance data that goes along with them. Days after announcing that Fifth Third Bank is joining Mastercard and AvidXchange’s B2B Payments Hub, Bridgit Chayt, SVP and director of commercial payments and treasury management for Fifth Third, and Michael Praeger, chief executive officer of AvidXchange, discuss why the supplier is critical to buyer adoption of electronic accounts payable.
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Corporate Banking

Bank Switching, Shifting Strategies Fuel Corporate FinServ Shakeup
 

Corporate treasurers are considering ditching their FIs in favor of banks that offer the services they want, like real-time payments. But there's another industry force at work that's causing banks to shake up their market shares in the enterprise customer segment: Instead of attracting new customers, banks are focused on grabbing more business from existing clients. New research from Temenos, Ovum and Greenwich Associates dives into some of the factors shaking up the corporate banking industry.
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Visa Launches Authentication Ecosystem: Visa ID Intelligence
 

In the era of constant data breaches, the instinct to do anything — and everything — possible to lock out the cybercrooks often takes center stage. But Mark Nelsen, Visa’s SVP of risk and authentication, told Karen Webster that the technology exists today to put the brakes on fraud by better authenticating the consumer — and making it easy for FIs and merchants to connect to it. That’s the essence of Visa ID Intelligence — an ecosystem of SDKs and APIs from vetted authentication partners that can power new commerce use cases right out of the gate. Secure and convenient, Nelsen told Webster, no longer need to be an either/or.

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