commercial payments

ABBYY Rolls Out AI Center to Boost Business Automation
ABBYY Rolls Out AI Center to Boost Business Automation
October 30, 2024  |  B2B Payments

ABBYY is introducing new capabilities for artificial intelligence to help companies bolster automation. The offerings include Phoenix, a “multi-modal approach to zero-shot learning leveraging small...

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Expense Management Is Undergoing a Revolution, but Legacy Systems Hold Firms Back
Expense Management Is Undergoing a Revolution, but Legacy Systems Hold Firms Back
October 30, 2024  |  B2B Payments

Every dollar of working capital matters to today’s businesses. That makes tracking and managing expenses important, as evidenced by “Grubgate,” where tech giant Meta fired...

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Airwallex Reportedly Targets $6 Billion Valuation in New Funding Round
Airwallex Reportedly Targets $6 Billion Valuation in New Funding Round
October 30, 2024  |  Investments

Payments platform Airwallex is reportedly in discussions to raise $200 million. The Singapore-based company aims to close the funding round at the end of the...

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BofA: CFOs and Treasurers Need New Approach to Liquidity Amid Interest Rate Volatility
BofA: CFOs and Treasurers Need New Approach to Liquidity Amid Interest Rate Volatility
October 30, 2024  |  CFO

Despite the interest rate cuts by the Federal Reserve — 0.5% for the first go-round in September, with more cuts widely expected — the fact...

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Gone in 60 Seconds: The Metals Market Moves Online
Gone in 60 Seconds: The Metals Market Moves Online
October 30, 2024  |  Digital Payments

Industrial sectors have been feeling the weight of a slow-moving, high-friction procurement process for decades. Endless supplier coordination, manual paperwork, lengthy wait times, and the countless...

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Cut the Coupons: Mondelēz and SKUx See Blockchain Transforming Retail Promotions
Cut the Coupons: Mondelēz and SKUx See Blockchain Transforming Retail Promotions
October 30, 2024  |  Blockchain

Technology can revolutionize industries when applied thoughtfully. When it comes to evolving customer engagement strategies, particularly across the traditional couponing and promotional landscape, innovation is...

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Shopify Finance Streamlines Merchant Payments, Bill Pay and Credit
Shopify Finance Streamlines Merchant Payments, Bill Pay and Credit
October 29, 2024  |  Retail

Shopify has introduced Shopify Finance, a hub housing all of the eCommerce platform’s financial solutions. “Practices like rigid repayment terms, credit history requirements, or months-long loan...

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Why Cross-Border Payments Innovation Starts and Ends With Ledger Technologies
Why Cross-Border Payments Innovation Starts and Ends With Ledger Technologies
October 29, 2024  |  Cross Border Commerce

In the history of finance, few tools are as fundamental as the all-mighty ledger. This holds particularly true as it relates to the timeline and...

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Crater Launches AR/AP Solutions for Financial Institutions and B2B Platforms
Crater Launches AR/AP Solutions for Financial Institutions and B2B Platforms
October 29, 2024  |  B2B Payments

Crater launched artificial intelligence-powered accounts receivable (AR) and accounts payable (AP) solutions for banks, credit unions and B2B platforms. With these solutions, customers can offer...

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