Stablecoins are technically capable of eliminating one of global manufacturing’s oldest financial inefficiencies. The simple, persistent, and compounding friction of money that spends too much time traveling. But turning a three-day supplier payment into a three-minute one exposes a different bottleneck. The money can now...
Twenty-seven nations are likely to come up with 27 different definitions of vendor risk. The European Union’s member nations are finding that out in real time. And while the long-standing debate around whether equipment from suppliers such as Huawei should sit inside critical communications infrastructure...
Watch more: What’s Next in Payments With Billtrust’s Dave Ruda The finance technology playbook was once relatively straightforward. CFOs built out their department tech stacks by putting one piece of software after another between an employee and a cumbersome business process. For many teams today,...
A shorter cash cycle should feel like a victory lap. For many CFOs, it now comes with a longer list of risks. PYMNTS Intelligence, in collaboration with J.P.Morgan, examines how U.S. finance teams are speeding cash flow while customers, suppliers and fraud threats make the...
The biggest obstacle to agentic payments isn’t teaching artificial intelligence how to buy something. It’s giving software permission to spend money without giving it permission to make expensive mistakes. Corporate procurement may already have the answer. Federal Reserve Governor Christopher Waller said in a Tuesday...
Tungsten Automation has introduced the accounts payable automation engine for its invoice-to-pay platform. The workflow automation company’s new InvoiceAgility+ is designed to use agentic artificial intelligence (AI) to provide end-to-end invoice-to-pay automation, combining things like global compliance and supplier connectivity into one solution, per a Wednesday...
Corporate treasury technology has perennially been a visibility game. Banks, treasury management systems and FinTechs promised CFOs a better view of balances, payments, liquidity and forecasts. And the provider landscape did indeed provide that view. But better dashboards are becoming table stakes just as artificial...
Money can move at 2 a.m. on Sunday. The systems needed to fund, convert, settle and account for that flow of funds may have another schedule. Three developments last week illustrate the timing variances. Seven U.K. banks completed the first live customer transactions using tokenized...
In 2024, the B2B payments conversation centered on moving businesses away from checks and toward electronic transactions. Two years later, the industry has made infrastructure advances, but two newly published research briefs from the Federal Reserve Bank of Cleveland highlight that the hardest part of...