AutoRek has expanded its artificial intelligence-powered reconciliation capabilities and its global presence by acquiring Grath. The acquisition adds Grath’s reconciliation and regulatory compliance software and infrastructure to AutoRek’s solutions that automate reconciliation and financial control processes for organizations across the financial sector, AutoRek said in...
Watch more: Need to Know With Branch’s Atif Siddiqi Before earned wage access became a FinTech category, restaurant workers had a simpler version of it: finish the shift, collect the tips and go home with money earned that day. Cashless payments disrupted that routine. Restaurants...
Bitwave has announced the first releases from its Bitwave Agentic product suite, which is focused on accounting tools, financial data and infrastructure for AI-native financial operations. These new open-source tools join the other accounting, payments, financial operations and agentic finance infrastructure Bitwave already offers for organizations operating in the digital asset...
The health of the U.S. middle market is usually measured in familiar terms: revenue growth, hiring, capital spending and credit conditions. Those indicators matter. But they increasingly describe the outcome of resilience rather than its source. In June, 26.7% of middle-market companies were operating at...
Watch more: Summer School With Bank of America’s Matthew Davies For finance chiefs, the technology challenge is no longer a lack of options. It is an excess of them. Chief financial officers are being presented with an expanding menu of artificial intelligence tools, real-time payments...
Payments provider ACI Worldwide is reportedly considering a sale of its billing business. That’s according to a report Friday (July 17) by Reuters, citing three sources familiar with the matter. The report noted that the possible sale comes amid strong demand among investors for payments...
Legal spending was once a simple professional-services line item for CFOs. Now it’s an operating problem. Compliance rules, cybersecurity duties, artificial intelligence (AI) governance and a growing patchwork of state enforcement actions are pushing mid-market finance chiefs to rethink how legal work enters the company,...
On-demand pay was supposed to address a straightforward mismatch. Employees earn money every day, but traditional payroll systems release it every one or two weeks. When a car repair, utility bill or medical expense arrives between paychecks, workers may be forced to borrow even though...
Workforce financial infrastructure provider Branch now enables companies and platforms to embed its earned wage access into scheduling, shift and other tools used by workforces. These new integrations represent an expansion beyond those the company offers for time and attendance and payroll systems, Branch said...