Electronic invoicing firm Basware announced that it has added a machine learning-enabled, predictive capability to its procurement technology. The idea for its Approval Confidence Index (ACI) was introduced during the company’s “hack day,” and is a score assigned to every item on a requisition to provide...
Small businesses (SMBs) make up more than 98 percent of the U.S. manufacturing sector, according to the National Association of Manufacturers. So when small business confidence takes a turn for the worse, the manufacturing sector is particularly impacted. Get the Full Story Complete the form...
FinTech has revolutionized the way traditional banks can implement and roll out new products and services to their customers, with banks’ complex infrastructures positioning “out-of-the-box” solutions as a competitive proposition for FinTech firms to offer their bank clients. Get the Full Story Complete the form to...
Unistream, an international money transfer company and bank based in Russia, has launched a corporate card with no annual fees for businesses in the country. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Equity investments reigned this week, thanks to backing for accounts payable (AP) automation firm MineralTree and treasury management company Kyriba, but it was the logistics market that saw the largest venture capital round — and secured another unicorn for the B2B startup space. Below, see...
Point-of-sale financing is quickly becoming an attractive feature for consumers shopping online and in-store. Retail giants like Walmart are working with FinTechs to extend POS financing to customers, allowing shoppers to finance their purchases without accessing external credit that could impact credit scores. For sellers, POS...
Russia-based electronic payments company Yandex.Money is rolling out new multi-currency services with an eye on freelancers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
The co-chief executive officer of Asiana Airlines is exiting the company following an accounting debacle that led two auditors to reject the company’s annual reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
New research from UBS points to the largest spenders on bank technology: JPMorgan and Bank of America. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...
