QuickBooks maker Intuit has announced plans to acquire Series A revenue management company Sequence. The deal, announced Thursday (Oct. 15), is designed to add new revenue management capabilities to Intuit’s financial intelligence system and boost its mid-market offerings. The company says it is not disclosing terms of the acquisition....
Corporate cash has become one of banking’s most consequential bargaining chips. The third-quarter earnings season is offering chief financial officers a glimpse of what financial institutions are willing to provide to keep it. Third-quarter results from JPMorganChase, Citigroup and Bank of America suggested that the...
Tungsten Automation has added a new intelligent payment orchestration solution to its invoice-to-pay (I2P) platform. The Pay+ solution, announced by the document/workflow automation company Thursday (Oct. 15), is part of Tungsten’s InvoiceAgility+ offering and is designed to combine accounts payable (AP) and payments into a single,...
Large corporations are racing ahead in payment guarantee adoption while middle-market organizations hesitate over technical hurdles and upfront expenses across the evolving digital economy. The PYMNTS Intelligence report “The Payment Guarantee Gap: Why Adoption Lags Despite Perceived Value,” a collaboration with Plaid, found in October...
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 procurement and agentic payments converge, the invoice is evolving from a document that tells...
A failed payment can look small on a transaction screen. For the business waiting on the money, the effects can spread fast. Revenue gets delayed, staff spend more time fixing problems and customers can lose confidence in the payment experience. “The Payment Guarantee Gap: Why...
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 something looks wrong. Those clues have remained relatively untapped, and not for lack of...
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 seven in 10 Gen Z policyholders ready to switch. Both things are true, and the...
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 business customers already manage through the lender. “Small business owners are constantly balancing employees,...