Новости за 22.04.2024

Loan origination platform Decipher Credit has teamed up with small business financial data provider Validis. The partnership will allow commercial lenders to extract financial and accounts receivable data in real-time, letting small- to medium-sized businesses (SMBs) go from “application to automated spreading” in seconds, the companies said Monday (April 22).  By automating the collection and analysis of […]

Accounts payable (AP) automation company Basware has launched a new fraud/error protection solution. AP Protect, announced Monday (April 22), is an artificial intelligence (AI)-powered tool that helps finance teams guard against fraud, profit loss and invoice errors. “In 2023, Basware identified 10,800 incorrect payments made by companies for supplier invoices due to duplicate payments and fraud,” the company said […]

Travel company Expedia has expanded its partnership with payments network Klarna. The new collaboration, announced Monday (April 22), brings Klarna’s flexible payments offering to travelers in the U.S., following the launch of the company’s installment payments to Expedia customers in the UK, Germany, Finland and Klarna’s home country of Sweden. “By enabling U.S. consumers to Pay Now or Pay […]

Frequently integrated into wearable devices such as smart glasses and headsets, extended reality (XR) technology — encompassing augmented reality (AR), virtual reality (VR) and mixed reality (MR) — is unlocking new levels of immersive experiences across sectors such as healthcare, retail and beyond. Take, for instance, the potential impact of AR smart glasses in healthcare. According […]

Margin multiplier company Coupa has launched a partnership with business payments provider Bottomline. The collaboration, announced Monday (April 22), is designed to simplify digital payment processes for businesses, letting Coupa connect to Bottomline’s Paymode-X to automate payments from buyers to suppliers. “Businesses today are all striving to deliver greater results with more efficiency. This partnership with Coupa and Bottomline optimizes […]

Bad things can happen to good companies. And with the news Friday (April 12) that instant money movement platform TabaPay is acquiring Synapse’s assets following the latter’s bankruptcy, operational resilience is increasingly top of mind for firms. Against a macro backdrop embattled by global pandemics and geopolitical tensions, the ability to withstand and recover from financial shocks, is becoming […]

Payments platform Airwallex has launched a partnership with global communications platform Bird, formerly known as MessageBird. The collaboration, announced Monday (April 22), is designed to power Bird’s international payments operations across the company’s customers’ preferred channels, including WhatsApp, Email, SMS, Voice, WeChat, Messenger and Instagram.  “The global nature of Bird’s business — with multiple currencies flowing in and out […]

French FinTech Payflows has raised $26 million for its all-in-one platform for finance teams. The company announced the funding on LinkedIn as it emerged from stealth Monday (April 22), saying that its platform would “set finance teams free from boring manual work.” In less than 18 months, Payflows said, “we built a suite of procurement, payments, cash management and […]

Enterprise application software company SAP has introduced artificial intelligence (AI) advances for its supply chain solutions. According to a Monday (April 22) news release, SAP said these AI-driven insights from real-time data will help its customers use their own data to make better decisions across supply chains, streamline product development and make manufacturing more efficient.  “Businesses today […]

Zil US said Monday (April 22) that its B2B payment platform facilitates global business growth by allowing Swedish entrepreneurs and freelancers to open U.S. payment accounts remotely. The platform also makes it easier for Swedish businesses to pay U.S. vendors, affiliates, employees and partners, the company said in a Monday press release. “The cloud payment […]

As ongoing financial challenges have grocery shoppers more cautious about their purchasing, many are seeking out digital rewards.  In its fourth quarter and full year fiscal 2023 financial results, Albertsons Companies shared that increases in digital engagement led its growth, with identical sales up only 1% year over year in Q4 but digital sales up 24%. Central to […]

Global bank payment company GoCardless has launched an integration with Intuit QuickBooks in the United States. This regional integration builds on the existing relationship the two companies have in the United Kingdom, GoCardless said in a Monday (April 22) press release. The GoCardless app allows QuickBook users in the U.S. to use ACH-Pull for account-to-account […]

Visa-owned payments platform Tink has launched an open banking partnership with expense-sharing app Splitwise. The collaboration, announced Monday (April 22), brings Pay by Bank to Splitwise users, letting them make direct payments from within the Splitwise app, starting in the U.K. “We have always believed that any customer of ours should be able to pay their […]

A German financial regulator has reportedly fined Commerzbank $1.5 million for anti-money laundering violations. BaFin said Monday (April 11) that the bank failed to update customer data on time and did not provide sufficient security measures, Reuters reported. This, the report added, led to inadequate due diligence in three cases, which meant that the bank had violated its anti-money laundering […]

Microsoft and Cognizant have partnered to expand the adoption of generative artificial intelligence (GenAI) solutions by enterprises. The companies aim to make Microsoft’s GenAI and Copilots available to millions of users, they said in a Monday (April 22) press release. Cognizant, a provider of digital transformation services, will work to deploy Microsoft 365 Copilot to […]

Consumers are demanding eCommerce-like convenience from their in-store journeys, and retailers are rising to the occasion with self-service technologies. In an interview with PYMNTS, Brandon Barton, CEO of self-service kiosk provider Bite, which recently raised $9 million in its Series A funding round, shared that the company, which has focused on restaurants, is getting “more inquiries today […]

Salesforce’s plans to purchase data-management software provider Informatica have reportedly stalled. While the two sides were apparently in advanced talks for a deal earlier this month, the companies were not able to come to terms, Reuters reported Sunday (April 21), citing a source familiar with the matter. Salesforce provides cloud-based software that assistants companies in managing customer […]

Digital channels continue to gain adherents in financial services, as Truist Financial Corp.’s latest earnings results showed Monday (April 22). Earnings supplementals revealed that mobile app users were up 8% to 4.9 million year over year. Double-Digit Gains in Digital Transactions Digital transactions were 13% higher to 76 million. The company said 77% of deposits […]

Levi Strauss has found that selling through its own stores gives it greater insights into consumer trends. The company’s D2C channels also allow it to test new products before making them available to wholesalers and reduce the uncertainty around dealing with wholesale customers like department stores, which have seen slower sales in recent years, the Wall Street Journal […]

A Binance executive who fled Nigerian custody last month has reportedly been found in Kenya. Nadeem Anjarwalla, a British-Kenyan who is the cryptocurrency giant’s regional manager for Africa, escaped after weeks of being held in Nigeria along with a second executive. He has since been located in Kenya and is facing extradition, Coinbase reported Monday (April 22), citing Nigerian media accounts. […]

Meta has unveiled the latest iterations of its open-source Llama artificial intelligence (AI) model, which is causing ripples through the AI community. As the AI arms race continues to heat up, industry experts are closely examining Meta’s Llama 3 model’s capabilities, comparing it to rival offerings from tech giants like Google, OpenAI and Anthropic. With […]

The quick growth of neobanks and FinTechs has put an increased emphasis on secure money movement. Ingo Payments CEO Drew Edwards details the challenges in money movement and their solutions in the new PYMNTS eBook, “The Implications of Uncertainty.” Navigating the uncertainties surrounding inbound funding sources from financial institutions, wallets and FinTechs has become a top […]

Businesses can gain valuable customer insights from the data they already have, Equifax VP, Data Science and Decision Analytics, Digital Solutions Dilip Singh writes in the new PYMNTS eBook, “The Implications of Uncertainty.”   Revenue growth is a top priority for most businesses. There are various ways to bring in more money — but not […]

The CE 100 Index gave up 3.5% for the week as earnings season began in full swing. Stock market gains were few and far between. The banking group eked out a 1% gain.  Goldman Sachs shares were up 3.8%. The company reported earnings that got a boost from Wall Street-related activities. During the conference call with analysts, […]

There are people who say they are an AI expert and there’s Akli Adjaoute. He was on the case early in the technology’s lifecycle and brings a unique, grounded perceptive to its current and future usage honed over three decades of expertise. He is currently the founder of technology startup accelerator Exponion and former CEO […]