Difference between open banking and PSD2

Understanding the difference between Open Banking and PSD2

What is the difference between Open Banking and PSD2? The terms often seem to be used interchangeably, but are they? This article gives a high level overview of how Open Banking and PSD2 differ.

/ August 22, 2018
ap automation project plan

5 Steps to Creating an AP Automation Project Plan

Transforming your AP from a manual process to an electronic one saves time, money and provides unprecedented visibility into cash flow. In fact, it’s been proven over and over that AP automation is worth the...

/ October 16, 2018
treasury aggregators

An Introduction to the Benefits of Treasury Aggregators

So what are treasury aggregators anyway? According to Strategic Treasurer, a treasury aggregators provide a single connection point to all of a corporation’s banking connections for both payments and reporting. They’re essentially the single centralized...

/ October 16, 2018
Swift Customer Security Controls framework

Everything you need to know about the Updated SWIFT Customer Security Controls Framework

It’s been nearly 2 years since the launch of the original Customer Security Programme (CSP) and yet everything we thought we knew about it has changed, including the name, which is now the SWIFT Customer...

/ October 15, 2018
reduce payment fraud

Three Ways Banks Can Reduce Payment Fraud

According to the Association of Financial Professionals, 78% of organizations experienced attempted or actual payments fraud in 2017. These breaches put banks at increased risk as fraudulent transactions are processed through their payment systems. It’s...

/ October 15, 2018
Best Practices to Streamline Payments Globally

Best Practices to Streamline Payments Globally

It’s no secret that businesses are expanding into global markets at an unprecedented rate. In fact,going global is almost an imperative in order to compete in today’s fast-paced environment. However, for organizations making that leap...

/ October 10, 2018
improving accounts receivable

Improving Accounts Receivable by Improving Visibility

Improving accounts receivable is a topic that strategic finance professionals are perpetually struggling with, and it’s no wonder –the statistics surrounding lack of visibility into receivables are abundant. Here are two of the most discouraging:...

/ October 9, 2018

AP Automation In Action: 4 Tales of AP Transformation

It takes little effort to find a plethora of third-party resources that tout the cost-savings and increased efficiency that accounts payable automation (AP automation)can generate. In fact, a 2018 Ardent Partners report discussing the current...

/ October 8, 2018
Open Banking, PSD2

Everything You Need to Know About Open Banking, PSD2 and Other Changes in the UK Payments Landscape

There’s no doubt that initiatives like Open Banking, PSD2 and others are transforming the way businesses pay and get paid. We’re experiencing a time of radical change in the payments landscape. It’s an exciting time...

/ October 3, 2018
late payments

Late Payments to Suppliers: Why They Happen and What to Do About Them

This October marks the one year anniversary of the Duty to Report legislation which was designed to address the late payments to suppliers problem that impacts small businesses. The legislation requires large businesses to make...

/ October 2, 2018