BankThink

E-invoicing is the solution to unlock early-payment discounts, but many businesses are stuck in the past, according to Roger Hatfield, vice president of North America for CloudTrade.

Rep. Maxine Waters made headlines this week for her scathing criticism of the White House. Expect more to come if she takes over as the Financial Services Committee chair next year.

Businesses are accustomed to on-demand processes and easy digital transactions in the consumer app economy, and now expect the same experience in their business supply chains, according to Jamshed Khan, tech chief at LeaseQ.

Instead of shrinking the GSEs, the housing regulator is letting them expand into a host of new products and programs.

Banks stocks have declined as the yield curve shrinks; the companies will offer a co-branded small-business card.

Merchants don’t stick to the binary simplicity of online and offline anymore. They are reaching their consumers through a wide array of channels including mobile, kiosks, chatbots and call centers, writes TJ Sharkey, senior vice president of financial institutions, acquiring and processing at Mastercard.

Unlike non-data-driven processes (paper), bidirectional visibility allows for more agility and speed with the digital platforms and technology that support transactions, writes Matt Clark, president and COO of Corcentric.

Buying a startup or running an accelerator program isn’t enough to help banks truly prepare for the coming digital age.

Pass/fail may be replaced by public capital ratio; high court allows company to prevent merchants from favoring other cards.

Every transaction is traceable on the blockchain — though only to the addresses that initiated it. Compare this to Fedwire Funds Service and ACH payments, which don’t have this transaction history available, writes Bob Rutherford is the CEO and founder of Hedge.