Electronic invoice and payment solutions provider Xign Corporation has announced that more than 6,500 suppliers are now active in its payment services network (XPSN). The network automates the invoice to payment process, linking buyers and suppliers in a secure, electronic settlement network. With Xign’s shared supplier architecture, buyers choosing Xign to automate their accounts payable operations can now settle electronically with more that 6,500 independent suppliers. Commenting on the reasons for this uptake, Henry Ijams, founder and managing partner of PayStream Advisors, said: ‘The inefficiencies of paper-based invoice and payment processes create problems and unnecessary costs for buyers and suppliers alike.’ XPSN suppliers range from small companies of one or two people to Fortune 500 companies, representing most industry segments.
The annual BNP Paribas Cash Management University kicked off on Thursday morning with treasury professionals congregating in Paris from across Europe.
APIs may be a solution to MT940 challenges, says Karen Fagan, treasury operation manager, for British television company, ITV.
Kicking off the first day of the Singapore Fintech Festival, issues with cryptocurrencies were addressed by MIT media labs director, Joi Ito, and panels of technology leaders discussed how they’re using data analytics.
Sibos 2017 day two highlights: Brexit and banking, and why ‘data is the new oil’ in financial services
How nation first politics can impact global financial organisations It’s clear that data and regulation are the two key topics that are ... read more