B2B Payments

Huntington Bank has added an international corporate banking group to its corporate, specialty and government banking division. The expansion, announced Tuesday (Oct. 13), is designed to help foreign multinational companies and their U.S. subsidiaries ...

Watch more: Need to Know with Bank of America’s Daniel Stanton Companies have upgraded their treasury systems while the payment networks, banks and data they rely on remain fragmented. The sheer number ...

Watch more: What’s Next In Payments | Paymentology | Tim Joslyn Payments infrastructure has become an expert at answering questions centered on human behavior. Is this really the cardholder? Is this ...

Watch more: Building a Trusted Foundation for Agentic AI Companies have spent the past several years making it possible for employees to safely use artificial intelligence to retrieve information, summarize documents ...

A business receives $10 million in stablecoins on Monday, and by Friday, much of it could be back in a bank account. The payment worked. The problem, however, is what ...

FIS has debuted an agentic artificial intelligence solution to help finance teams manage collections, liquidity, risk and cash flow. FIS Agentic Insights Suite comes with a new cash flow forecasting module that ...

Two years ago, a B2B invoice was largely a record of a transaction already agreed upon, passed between finance departments to trigger payment, reconciliation and collections. Today, as embedded finance, automated ...

Watch more: Monday Conversation With Kastle’s Rishi Choudhary Rishi Choudhary, Co-Founder and CEO of Kastle, believes that banks have been approaching AI modernization from the wrong end of the technology stack: the ...

Corporate treasury is approaching an uncomfortable reality about artificial intelligence. Almost every firm has it, but relatively few companies can demonstrate that it is making them financially better off. Findings in ...

Artificial intelligence has been valuable to Bending Spoons, a company that buys digital businesses and then increases their revenue per customer, CEO Luca Ferrari told Bloomberg in a report published ...

Cross-border payments are proving to be the strongest use case for stablecoins, Mastercard CEO Michael Miebach said Friday (Oct. 9), Bloomberg reported. During an interview with Bloomberg TV, Miebach said stablecoins provide an alternative to traditional ...

Much of payment processing already happens without an employee touching the transaction. The “hands-on” interactions come when payments fail to clear, or transactions trigger fraud reviews. In other cases requiring manual ...

Moving money across borders may be one of the last steps in an international payment. Getting the money ready to move can take considerably longer. Before a multinational company pays an ...

American Express takes its responsibility to fight financial crime seriously and is committed to addressing concerns outlined by banking regulators, Chairman and CEO Stephen J. Squeri said in a statement ...

The biggest threat to a company’s working capital strategy is now commonly hiding in a perfectly drawn up sales contract, not an overdue invoice. Finance departments can automate collections, optimize cash forecasts and accelerate reconciliation. But when commercial teams negotiate ...

Small businesses that sell physical goods generate records before the commercial activity is reflected in the financial accounts or converted into cash. Orders enter commerce systems. Inventory moves into and out ...

New research shows that the cost of many consumer goods would have declined last year if not for U.S. tariffs. The paper from the Federal Reserve Bank of New York says the cost of 67 ...

Starbucks has worked with advisors on a takeover proposal for Chipotle Mexican Grill, the Financial Times reported Thursday (Oct. 8), citing unnamed sources. The status of the proposal and any submission ...

Google Cloud announced a universal artificial intelligence agent for work called Gemini agent that will be joined by industry-specific agents for financial services, legal, government, healthcare and retail, the company ...

The most expensive fraud control is becoming the one that works perfectly, just a few seconds too late. Two developments from Washington this week, one from the U.S. Treasury Department and ...

Wise is reportedly negotiating a settlement after a software glitch affected thousands of customers’ tax statements. The money transfer app this week contacted roughly 4,000 U.K. users of its Wise Asset ...

Coinbase is reportedly expanding its services for traditional financial firms amid growing institutional cryptocurrency adoption. Banks are increasingly launching their own digital asset services, and Coinbase is serving as their infrastructure ...

Watch more: How Payments Turn AI Into Action Every swipe, ACH transfer or virtual card transaction carries clues about who is spending, where money is moving, what is being bought and whether ...

Property and home insurers have the best billing and payment scores of any industry PYMNTS Intelligence studied this year. They also have one in four policyholders ready to switch, and ...

The next sanctions shock for a multinational may not arrive as the name of a supplier appearing on a government blacklist. It could arrive as a payment that suddenly stops ...

Chase is expanding its payroll service to help business clients dealing with cash flow pressures. The new offering, announced Wednesday (Oct. 7), brings Chase Payroll alongside the banking and payment activities ...

U.S. Bank introduced a service called Project 360, designed to help customers protect their privacy, according to a Wednesday (Oct. 7) press release. Project 360 lets users monitor credit activity, identify ...

The Independent Community Bankers of America (ICBA) has taken its long-running fight against special-purpose crypto banks to federal court. In a lawsuit filed Friday (Oct. 2) in federal district court ...

The corporate finance provider landscape has traditionally been defined by a simple truth. However sophisticated enterprise resource planning (ERP) became, eventually someone still had to go to the bank to ...

Noah, a stablecoin payments infrastructure provider focused on cross-border transactions, closed its seed funding round at $38 million, the company said in a Wednesday (Oct. 7) press release. Noah closed the ...

Watch more: Stopping B2B Fraud Before AI Moves the Money Artificial intelligence is breaking the economics of the traditional accounts payable fraud model. Attackers can scale cheaply, but finance teams cannot ...

An open standard that defines how personal agents interact with businesses is being developed by Sierra, Meta, Genesys, Instinct, Rocket, Shopify, Stripe and Walmart, Sierra Co-Founders Bret Taylor and Clay ...

There is more work to be done in modernizing the bank regulatory and supervision framework, Federal Reserve Vice Chair for Supervision Michelle W. Bowman said Tuesday (Oct. 6). In a speech delivered at the Community Banking Research ...

Dealer management systems house the information tied to the operation’s financial activity. Customer balances, repair orders, vendor invoices and accounting records can originate there even when the payment itself moves ...

FedEx Dataworks, the insights and intelligence subsidiary of FedEx Corp., and Stripe plan to leverage their respective platforms to expand access to financing for small and medium-sized businesses (SMBs), the ...

Artificial intelligence (AI) has become a mainstream consumer technology. But paying for it remains a much narrower habit. The consumers who do spend heavily on AI, however, are opening their ...

Anchorage Digital has acquired payments company Routable in a bid to extend its rails to the world’s biggest companies. Founded in 2017, Routable helps businesses onboard payees, automate compliance, and orchestrate ...

Stablecoins have spent the past year and a half acquiring nearly everything an emerging payments technology is supposed to need to go mainstream. Clearer regulation, check; more institutional backing, check; ...

Global supply chain pressures inched up in September, reaching their highest level since the recent peak seen in May, according to the Federal Reserve Bank of New York’s Global Supply ...

Rain is the latest digital asset company seeking to launch a national trust bank. The stablecoin payments infrastructure company announced Monday (Oct. 5) that it has applied to the Office of ...

The biggest financial risk from an artificial intelligence agent won’t come from it making numbers up. It will likely come from an agent that does exactly what it has permission ...

October. Some readers mark it on the calendar for the return of autumn and chilly temperatures. Others get ready for the full dose of sports that comes with the NFL ...

The crypto industry bet the farm on traditional finance ultimately migrating onto public blockchains rather than retreating behind permissioned networks. The cows are now coming home to roost for the sector, ...

Money movement infrastructure company Modern Treasury says it wants to establish a national trust bank. The company announced Monday (Oct. 5) that it had applied to the Office of the Comptroller ...

Artificial intelligence is being harnessed to tackle the document review that determines whether a transaction moves forward, one of the most manual parts of trade finance. Software has long been able ...