46 articles
Amazon Business has rolled out a pair of tools designed for procurement professionals. First up is Amazon Business Value Intelligence, which “quantifies cost savings, operational efficiency, and purchase compliance in…
Artificial intelligence is creating a new competitive question for small businesses. What happens when revenue can grow without payroll growing alongside it? The PYMNTS Intelligence report “New Data Shows Small…
Blockchain company Ripple has announced new capabilities for its treasury product. The updated Ripple Treasury allows businesses to manage cash, payments and liquidity around the clock, the company said in…
Elavon has joined the SAP PartnerEdge program and plans to embed its payments capabilities into SAP applications, the company said in a Monday (Oct. 26) press release. The planned integration with SAP Digital Payments Add-On and Open Payment Framework will help…
European eInvoicing mandates seek to standardize how businesses deliver the information used to approve and collect payments. Invoice amounts, tax details and transaction references enter defined fields that accounting software…
Businesses use payments timing as a factor in their cash forecasts. A buyer sends money before an invoice deadline, while the supplier waits for money already committed to payroll, inventory…
Stord has acquired third-party logistics provider AMS Fulfillment, adding more than 1 million square feet of warehouse space and expanding its capacity to handle orders for consumer brands as it…
Financial technology firm Coast announced in a Thursday (Oct. 22) press release that it has raised $35 million in a new growth equity funding round to expand its payment and…
In the commercial payments realm, invoices need validation, discrepancies warrant resolution and someone (or an authorized system) ultimately approve the release of funds. Smart contracts are being used to carry…
Visa has introduced new capabilities designed to keep commercial virtual card payments safer. Visa Commercial Fraud Solutions are part of a series of new capabilities designed to bring “trust and control”…
Finastra has launched a cloud-enabled solution designed to help U.S. banks digitize and automate their standby letter of credit (SBLC) flows, without having to deploy a full trade finance platform,…
B2B payments company Boost Payments Solutions has launched a partnership with financial operating system Airwallex. The collaboration is designed to enhance Boost’s international commercial card processing capabilities and help it…
Visa has launched an agentic payments partnership with accounts payable and receivable solutions providers BILL and Billtrust. The collaboration is the first live pilot to allow artificial intelligence (AI) agents “to initiate and complete…
Watch more: Digital Shift With Félix Bélisle-Dockrill of Axya A supplier promises to deliver parts on the 18th of the month. The shipment gets pushed to the 25th. The enterprise…
Users of Relay’s small business banking and money management platform have sent over $500 million in cross-border payments through Nium’s global money movement platform since the companies launched their partnership…
Square has consolidated its credit and debit programs on Marqeta’s card issuing platform, saying this will enable the company to bring new credit features to market more quickly. With this move, Square…
Mexico-based B2B financial platform Kapital is set to acquire artificial intelligence startup Woz. The $30 million deal is designed to strengthen Kapital’s financial ecosystem with the addition of Woz’s advanced coding agents for…
Mastercard has chosen spend management/virtual card FinTech Extend as one of its financial operations platform partners. The collaboration, announced Monday (Oct. 19), is designed to bring new spend and expense…
The check was supposed to be dead by now. Instead, it has become a $15 trillion reminder that moving money and settling a business obligation are not always the same…
Watch more: Monday Conversation With Fifth Third Bank’s Katherine Weislogel There’s a workforce problem brewing in corporate treasury departments, and it has little to do with finding the next generation…
Truist exited its third quarter with higher deposits, continued growth in consumer spending and stable underlying credit quality. An earnings call Friday (Oct. 16) indicated that the new Truist CEO,…
Cybersecurity has always been an arms race. Artificial intelligence (AI) is turning it into a war of attrition, where the winner may be whoever can afford to keep fighting the…
Some of the U.K.’s digital lenders to small businesses have reportedly reached profitability more quickly than consumer-focused FinTechs. That’s according to a report Thursday (Oct. 15) by the Financial Times…
QuickBooks maker Intuit has announced plans to acquire Series A revenue management company Sequence. The deal, announced Thursday (Oct. 15), is designed to add new revenue management capabilities to Intuit’s financial intelligence system and…
