INVESTMENT MANAGEMENT
DriveWealth, Plaid | March 31, 2021
DriveWealth, a global brokerage infrastructure platform, announced a new collaboration with Plaid, a financial data network, to provide users of both platforms with convenient online investment account support.
Customers of both companies can use Plaid to authenticate their end users' bank accounts and receive tokens that provide swift, safe bank funding source authentication through the DriveWealth API. This improves the Automated Clearing House's performance rate, increases the transparency of transactions, and protects consumer privacy.
“While wealth management technology has vastly advanced over the last decade, there is still so much uncertainty that keeps people from investing their money as they want,” said Paul Williamson, Plaid's head of revenue, “Companies like DriveWealth are shifting that, and this alliance blends Plaid's and DriveWealth's strengths to make digital investments much easier.”
According to Bob Cortright, CEO of DriveWealth, the collaboration would allow “FinTechs and banks to investment advisors and RIAs to easily and securely add investment capabilities to their current offerings through a simple API,” allowing more customers equal access to investing in American markets.
DriveWealth, based in Chatham, New Jersey, bills itself as a “pioneer in fractional investing and data finance” committed to democratizing access to US equities for investors worldwide.
Plaid Exchange, an API platform developed specifically to help financial institutions access customer-permissioned data, was introduced last year.
“We believe APIs are the future of open finance, and we want to make it as simple as possible for all financial institutions to integrate APIs into their broader digital transformation agendas, regardless of budget size and resources,” said Niko Karvounis, product lead at Plaid.
According to surveys, one of the most difficult issues facing banking executives is combining legacy systems with emerging FinTech apps.
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PAYMENTS
TreviPay, Digital River | April 08, 2021
TreviPay, a worldwide business-to-business installments organization, today declared the dispatch of its installments arrangement with Digital River, an accomplished worldwide trade empowering influence for set up and quickly developing brands. The innovation will permit Digital River to additionally mechanize and build up a purchaser like buying experience for its B2B customers to rapidly scale their business on a worldwide level.
"Advanced River is continually hoping to add new and imaginative installment techniques to our Global Seller Services to help brands scale in business sectors across the world," said Eric Christensen, boss installments official at Digital River. "Given TreviPay's worldwide presence and capacity to eliminate contact from the buying interaction, it was clear they were a characteristic fit to help our B2B customers drive purchaser devotion."
TreviPay brings Digital River customers an amazing serious edge in the B2B arrangements space, giving an elite, versatile, white-marked installment arrangement that offers the augmentation of net terms and invoicing at checkout on their internet business stores. With TreviPay, B2B purchasers get a smoothed out, shopper like buying experience, eliminating purchaser grating run of the mill of business purchasing, and developing purchaser devotion and rehash buys.
"Advanced River's extensive programming suite and accomplice biological system exhibit genuine authority and development in the B2B commercial center space," said Brandon Spear, CEO at TreviPay. "Not exclusively will TreviPay have the ability to scale close by Digital River's proceeded with development, the innovation will likewise assist the organization with reinforcing existing customer connections and support new ones."
About TreviPay
TreviPay is a worldwide B2B installments organization, working with $6 billion in exchanges each year in 18 monetary standards for clients in excess of 27 nations. We represent considerable authority in installment and credit the executives for B2B organizations across the globe, making way for the fate of omni-channel B2B installments by broadening terms, taking care of invoicing and overseeing assortments.
About Digital River
With over 25 years' experience, Digital River has dominated the intricate details of worldwide business. Set up and quickly developing brands the same depend on our adaptable, API-controlled answers for offer direct to their clients, regardless of whether they live around the bend or all throughout the planet. Our measured stage, worldwide skill, and progressed accomplice environment allows brands to zero in on making consistent purchasing encounters, while we work in the background to oversee requests and satisfaction, measure installments, relieve misrepresentation, and handle charges and consistence for their benefit. Brands profit by our Global Seller Services, expertly intended to assist brands with speeding up worldwide development, develop income, and shield their business from hazard.
Advanced River is settled in Minneapolis with workplaces across the U.S., Asia, Europe and South America.
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FINANCIAL MANAGEMENT
Paymerang | December 11, 2020
Paymerang, a pioneer in accounts payable automation, has dispatched a creative Invoice Automation Solution intended to help associations pick up proficiency, improve exactness, upgrade perceivability, and dispose of paper in their accounting processes.
“This proprietary Invoice Automation Solution saves time in approving and posting invoices, as well as reducing errors through automated invoice capture and posting,” said Nasser Chanda, CEO of Paymerang. Chanda further noted that the Invoice Automation Solution allows accounting professionals to gain immediate visibility to all invoices and their approval status, along with enabling companies to go paperless due to electronic processing and archiving.
Paymerang as of late gave a consistent joining of the Invoice Automation Solution to the accounts payable processes at the Collegiate School in Richmond, Va. “We’re delighted with the efficiencies in approving and posting invoices that have been gained through this quality financial product,” said Jenn Quindoza, Controller/Risk Manager for the Collegiate School. “Our budget managers now have instant access to processed invoices, and they love that it’s paperless.”
“This unique product is revolutionary for clients,” concluded Chanda. “It’s a critical component of a full-scale accounts payable automation solution to help organizations become more efficient, secure, and profitable.”
About Paymerang
Paymerang offers award-winning accounts payable automation solutions to clients around the country in education, nonprofit, healthcare, media, manufacturing, services, and beyond. Through its unique simplicity, Paymerang enables clients to automate their invoice process and pay all their vendors electronically with a single payment file. By handling the entire accounts payable process, Paymerang provides enhanced visibility, efficiency, security, and financial rewards.
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