commercial payments

Honeywell, Google Join Forces to Build AI-Driven Industrial Operations
Honeywell, Google Join Forces to Build AI-Driven Industrial Operations
October 21, 2024  |  artificial intelligence

Honeywell and Google Cloud are partnering to transform the industrial sector by integrating advanced artificial intelligence (AI) agents into operations. The two companies announced their...

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AI Swarms: The Future of Teamwork?
AI Swarms: The Future of Teamwork?
October 21, 2024  |  artificial intelligence

OpenAI’s new Swarm software unleashes teams of artificial intelligence (AI) agents to tackle complex tasks, potentially reshaping business automation across industries. It’s an open-source project...

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Procurement Startup Zip Valued at $2.2 Billion After $190 Million Funding Round
Procurement Startup Zip Valued at $2.2 Billion After $190 Million Funding Round
October 21, 2024  |  Investments

Procurement startup Zip secured $190 million in Series D funding, increasing its valuation to $2.2 billion (up from $1.5 billion in 2023). The investment is...

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Mastercard ‘Moves’ Into Commercial Cross-Border Payment Solution for Banks
Mastercard ‘Moves’ Into Commercial Cross-Border Payment Solution for Banks
October 21, 2024  |  Cross-border Payments

Mastercard introduced a new solution that will enable banks to facilitate commercial cross-border payments that are near real-time, predictable and transparent. The new Mastercard Move...

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Bank of America Extends FX Rate Guarantee for Year
Bank of America Extends FX Rate Guarantee for Year
October 21, 2024  |  Cross-border Payments

Bank of America now allows companies to lock in foreign exchange (FX) rates for up to one year. The Guaranteed FX Rates offering simplifies the...

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BNY and Mizuho Bank Collaborate on Trade Services in Asia
BNY and Mizuho Bank Collaborate on Trade Services in Asia
October 21, 2024  |  Banking

The Bank of New York Mellon Corp. (BNY) and Mizuho Bank are collaborating to provide trade services to corporate clients in Asia. The banks have...

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Cross-Border Payments 2.0: Faster, Cheaper and More Transparent
Cross-Border Payments 2.0: Faster, Cheaper and More Transparent
October 21, 2024  |  Cross-border Payments

Cross-border payments are an integral part of the engines that keep economies worldwide going, but they get a bum rap. As payments wind their way...

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From Cash Flow to Growth Engine: How Growth Corporates Rethink Working Capital
From Cash Flow to Growth Engine: How Growth Corporates Rethink Working Capital
October 21, 2024  |  VISA

At its most basic level, working capital is the cash flow needed to fund short-term costs and operations. However, the operative definition of working capital,...

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Treasury Calls for Federal Payments Framework, but Key Details Remain Unclear
Treasury Calls for Federal Payments Framework, but Key Details Remain Unclear
October 18, 2024  |  Regulation

Through the past several weeks and months, the drumbeat’s grown louder for regulations at the federal level to govern nonbanks — especially FinTechs, neobanks and...

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