B2B Payments

Lost in the recent earnings announcement from Mastercard was a broad strategic partnership with OpenAI that Mastercard CEO Michael Miebach said includes the use of his company’s Agent Pay and “goes well ...

Casap, an artificial intelligence agent platform for financial services, has raised $56 million in new funding. The company says its Series B round, announced last week, will help Casap advance its ...

Market jitters around artificial intelligence will not slow enterprise demand for the technology, although it may lead corporations to sharpen their focus on outcomes, The Wall Street Journal reported Monday ...

The consumerization of corporate finance got a shot in the arm over the past weekend, and it’s an injection that could impact how corporate finance teams handle the very concept ...

Anthropic’s revenue reached $17 billion for the three months ended Sept. 30, the artificial intelligence company said in an amendment to its Form S-1 registration statement filed with the Securities ...

The Federal Reserve Board approved the application by the Bank of Nova Scotia to become a bank holding company by acquiring Dallas, Texas-based Maple Financial Holdings and thereby indirectly acquiring ...

Apple acquired artificial intelligence firm Ascension Labs, which does business as Ascend.io, in June, according to a list of acquisitions maintained by the European Commission. The deal gives Apple the right ...

Digital assets and data infrastructure company Galaxy Digital aims to create a national trust bank that would provide fiduciary investment advisory services along with Galaxy’s custody, trading and staking services, ...

Private investment firm CD&R and private equity group GTCR have teamed up on a joint bid to buy out card processor Global Payments, the Financial Times reported Friday (Oct. 30), ...

Artificial intelligence agents are processing purchase orders and preparing collections work as businesses automate more of the steps between a B2B sale and payment. PYMNTS Intelligence research with JPMorgan finds surveyed ...

American Express has introduced new ways for consumer and business cardholders in the United States to redeem rewards for a deposit into eligible American Express bank accounts, the company said ...

Intelligent payment solutions provider WEX saw growth across its business in the third quarter as it secured new business wins and drove innovation across its segments, CEO and President Melissa Smith said in ...

Visa has signed an agentic commerce/cross-border payments partnership with Chinese tech giant Tencent. The agreement between the two companies is designed to meld Tencent’s payment solutions, digital platforms and technology capabilities with Visa’s network ...

Mastercard wants artificial intelligence shopping agents to use tokenized versions of consumers’ chosen cards, preserving the payment preferences, rewards and controls attached to those accounts. During  Mastercard’s third-quarter earnings call Thursday ...

Watch more: Need to Know With Collective’s Hooman Radfar Hooman Radfar is building Collective for business owners who are also the people doing the work. A consultant might be the company’s ...

Watch more: Your Payments Got Smarter. Did Your Infrastructure? Faster payments compress the time available to catch a bad transaction, reconcile an exception or determine whether the party moving money is ...

PNC Bank and ADP have partnered to embed ADP’s payroll and human resources capabilities in PNC’s digital banking platform, ADP said in a Wednesday (Oct. 28) press release. This integration will ...

Four European banks beat third-quarter profit forecasts, while a fifth bank reported earnings in line with expectations, Reuters reported Wednesday (Oct. 28). The banks reporting stronger-than-expected results Wednesday included Deutsche Bank, BNP Paribas, Standard Chartered and Santander, ...

British digital bank Monzo is continuing its European expansion with operations in Spain. The company’s launch in Spain represents Monzo’s first market in continental Europe, the company said in a news ...

Businesses are using several forms of working capital to pay bills that previously could have been covered by customer receipts arriving earlier. Bank credit lines, corporate cards and supplier payment ...

Hummingbird has deepened its investment in transaction monitoring by acquiring Quantimon, the company said in a Wednesday (Oct. 28) press release. The acquisition adds the capabilities of Quantimon’s machine learning platform ...

Coinbase says customer contact data was impacted in a breach at one of its vendors. The cryptocurrency exchange acknowledged the incident late Tuesday (Oct. 27) while denying reports that it had suffered a ...

The most useful thing an executive learns all year may be that a familiar measure of success is pointing in the wrong direction. Faster customer service can mask processes that create ...

Businesses have spent years investing in systems designed to determine whether a payment is legitimate. Fewer have invested in ensuring that a legitimate payment actually arrives. Just 13% of firms use ...

Stripe now enables instant B2B transfers through a “stripe pay” plug-in, the company said in a Tuesday (Oct. 27) post on LinkedIn. “Find companies using their Stripe profile handle and send ...

A commercial borrower’s finances keep changing after a loan is approved, as invoices are collected, inventory is purchased and payroll comes due. Continuous underwriting brings that activity into the purview of ...

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 a ...

It has been a busy week so far for blockchain company Ripple. The company received regulatory permission to begin operating its own bank, Ripple National Trust Bank, according to a Monday ...

Hyphenate, a company that develops artificial intelligence agents for finance departments, raised $45 million in new funding, Bloomberg reported Tuesday (Oct. 27). The new financing will allow Hyphenate to deepen its ...

Watch more: What’s Next in Payments With Tungsten Automation’s Emily Nash-Walker A company can automate routine supplier payments while requiring human approval for unusually large payments or transactions outside its normal ...

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 Businesses ...

Truist is seeking a buyer for specialty lender Afco Credit as the bank sharpens its focus on banking operations, Bloomberg reported Monday (Oct. 26), citing unnamed sources. Afco handles insurance premium ...

Citi’s new program that offers higher savings rates to reward clients who deepen their relationship with the bank went live Monday (Oct. 26). When announcing the program, Premium Boost, in a Sept. 24 press release, ...

Cryptocurrency company RedotPay is considering filing for a confidential initial public offering in the United States by the year’s end, Bloomberg reported Monday (Oct. 26). Hong Kong-based RedotPay, which offers physical ...

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 its ...

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 enterprises ...

Watch more: Need to Know With ClawSecure’s JD Salbego Warning: This story will go fairly deep into the details of agentic artificial intelligence (AI) and agentic security. And another warning: You ...

Anthropic says it has unified Claude chat and Cowork for its enterprise customers. The new offering combines chat and Cowork on web, desktop and mobile, meaning users don’t have to choose ...

Polygon has completed its acquisition of Coinme, making Polygon Open Money Stack a U.S.-regulated payments platform, the company said in an Oct. 14 blog post. “This is a huge step for Polygon,” the company said in ...

FinTech company Sezzle has begun the formal charter application process to establish a national bank that would offer a broad range of banking products and services, the company said in a ...

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 ...

Cross-border payments firm LianLian Global’s social commerce, marketplace and eCommerce clients can now send payouts to PayPal accounts globally and Venmo accounts in the United States, the company said in ...

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 or ...

The principles Goldman Sachs uses to manage risk could be applied to artificial intelligence oversight, Goldman Sachs Chair and CEO David Solomon wrote in an article published Thursday (Oct. 22) ...

Businesses looking to automate supplier payments are giving technology teams a bigger say in purchasing decisions, and the reason starts with a practical priority: making new software work with what ...