Payable Blog

SWIFT and ISO 20022: The future of cross-border payments

SWIFT and ISO 20022: The future of cross-border payments

You communicate with someone by using a language, just like I am using English to explain to you what ISO 20022 and SWIFT is. ISO 20022 is a format that banks and computer systems use to talk to each other. After numerous delays, SWIFT (Society for Worldwide Interbank Financial Telecommunication)

3 key banking APIs for treasury

3 key banking APIs for treasury

In the last post, we explored banking APIs and how bank connectivity is key for a company to successfully scale. As corporate banking customer, there are a few different API types that will 10X your operations as a payments or treasury team. Here we will deep dive into what they

Buy vs build - what to do?

Buy vs build - what to do?

It is a recurring question for any company scaling or expanding; to solve a problem should I buy some software or build it in house? It is a tough question that requires deliberation. Now we will run through the key factors you should consider, peppered with advice from experience of

Bank Connectivity - how banking APIs can save you money

Bank Connectivity - how banking APIs can save you money

Bank connectivity in treasury terms refers to the ability of an organisation to connect and interact with its banking partners. This can include accessing bank account balances and transaction data in real-time, plus initiating and tracking payouts. Let's assume you found a fintech start up. You want to validate your

From experiencing the problem, to building the solution: An engineer's point of view

From experiencing the problem, to building the solution: An engineer's point of view

Finding Product Market Fit Companies form to solve a customer problem. Whether that is to innovate how loan finance happens or to disrupt the retail investing landscape. The primary focus of these startups is to prove they have Product Market Fit (PMF) early, rather than to engineer the optimal backend

Introduction to Payment Operations

Introduction to Payment Operations

Payment Operations is the process of tracking, reconciling, and moving money across your business. Today, this actually happens through spreadsheets, bank files, and legacy protocols like SFTP. 0:00/1× When a company reaches a certain level of complexity, payment operations becomes a pain point. The company requires multiple bank

Payment operations for B2B lending companies

Payment operations for B2B lending companies

Business-to-business lending has become a lot more exciting in the past few years, moving from one-size-fits-all to being tailored to what businesses really need. For daily operations we’ve seen the proliferation of Buy Now Pay Later and embedded finance options at checkouts, which give businesses the freedom to control

Building developer friendly APIs

Building developer friendly APIs

Here at Payable we’re trying to build the world’s best APIs to make payments and report on money movement. APIs are the key ingredient in scaling a technology company's engineers and clients. A developer friendly API can help engineering teams benefit from each other’s work without ever

From Steel Structures to Data Structures

From Steel Structures to Data Structures

Preface Let me start by admitting that as an Engineer, I’m not much of a writer. In fact, I have never written a blog post or published an article in my life, but we all have to start somewhere. I hope this post is interesting and informative, but if

We've raised $6.1M to modernise business payments

We've raised $6.1M to modernise business payments

We've raised $6.1M to build a payment operations platform so companies stop using EBICs, bank files and spreadsheets to move and reconcile money. 💡With Payable, you can connect your banks and automate payments from initiation to reconciliation with a single API and dashboard. About a year ago, Raz and

CTO diaries - building an engineering function from the ground up

Hey! I am Raz, and this post is a part of a series of posts to share my experience and journey with other engineers considering either joining an early-stage start-up or aspiring to reach the role of a CTO. Over the last couple of years, I worked for a great

Payable: Payment Operations Software

Companies expend huge amounts of effort and money building payment operations. Today, treasury and finance teams have to become quite large to manage their payments. This is not just a problem for traditional organisations; we’ve heard this is happening everywhere from listed companies to start-ups. They are using a