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Today in B2B payments, more trouble for the trade finance space is brewing, plus Higo secures funding for its Venmo for B2B payments technology. Plus, AdvicePay launches mobil
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stanley cup t support for corporate clients, Project44 debuts a supplier vis
stanley cup romania ibility tool, and Firstmark Credit Union digitizes through FinTech collaboration.Auditors Look Into Concerns Raised About Trade Finance Firm BarakAdvicePay Introduces Mobile Check Deposit For Enterprise CustomersFee-payment processing platform聽AdvicePay, created just for financial advisors, rolled out a new mobile check deposit feature for large businesses. Enterprises can now let their branch workforce simply and expediently deposit financial planning checks into home office systems, according to a Thursday March 18 聽announcement. The move lets them steer clear of the risk of causing custody by keeping client checks as well as takes away the necessity of expensive express mailing costs, according to the announcement.Project44 Launches Supplier Visibility FeatureAccording to a Thursday March 18 press release, supply chain technology startup聽project44聽has launched聽Supplier Visibility, which will give shippers a new way to see prepaid freight from suppliers. The release said the real-time information about the prepaid shipments from suppliers will let the shippers manage inventory levels and carry costs while also looking more at breaking down internal silos between the transportation and demand chain departments Sdzg ClickBank CFO: Localized Payments, Streamlined FX, Key to Global Expansion
Look no further than a mobile device, in-store payment terminal or even the latest wearable device to experience firsthand how advancing technologies are making digital payments more accessible than ever before.But is it possible that the shift away from the use of cash-based payments could also contribute to increasing access to the financial world overall Citi says yes.Sandeep Dave, Citis Director of Global Digital Strategy, recently sat down with
stanley termos PYMNTS to discuss how digital payments arent just enhancing the ways in which we pay, but they also have the potential to solve the financial inclusion problem that still haunts digital payments adoption in many countries worldwide.Citis Digital Money Index 2016, which measures the readiness of digital money acro
stanley becher ss 90 countries, reveals the benefits gained through a global push toward digital money adoption. According to our estimates, just a 10 percent improvement in digital money adoption and moving away from cash can shift 220 million individuals into the formal financial sector, Dave explained.With that shift, he added, an additional $1 trillion can also be moved into the formal economy.The data show what a powerful impact payments can have on the financial landscape in thes
stanley cup e countries.If both the public and private sectors made a substantial effort to increase the adoption of digital money on a global scale, it could mean a significant transformation to the payment landscape as we know it.But Dave admitted that this isnt as
