Business payments have a bookkeeping problem that’s been keeping them manual for centuries. Millennia, even. In 2026, after one company approves an invoice, someone often must authenticate into a supplier portal, enter payment credentials and complete the transaction. Even two digitally native, forward-thinking CFOs doing...
FinTechs are using cross-border acquisitions to add a service to payment relationships merchants already have. For a lender, that means buying a provider whose payment option is already on a retailer’s checkout page. For a processor, it means buying the accounts and payout services businesses...
Citizens Bank has introduced a digital platform designed for its commercial banking clients. Citizens Treasury Intelligence includes “multi-bank cash visibility, analytics, forecasting and workflow tools” designed to help customers manage liquidity, the bank said in a Monday (Nov. 9) news release. “The platform shows where...
The Huntington National Bank launched a treasury management platform that brings together treasury operations distributed across banks, enterprise resource planning systems and FinTech providers, the company said in a Thursday (Nov. 5) press release. Developed in collaboration with Kyriba, a FinTech focused on liquidity performance,...
Wall Street is getting ready to modernize post-trade plumbing and experiment with tokenized real-world assets. But does that mean the corporate order book is moving onto the blockchain? The Commodity Futures Trading Commission on Tuesday (Nov. 3) cleared the way for perpetual futures tied to...
Watch more: Need to Know With Tungsten Automation’s Peter Hantman The buyer-supplier network has always had a gap between its promise and its payoff. The buyer picks the platform. The supplier may pay to participate. In return, the supplier gets the buyer’s invoice format, the...
Watch more: Need to Know With Bottomline’s Katie Elliott A familiar email conversation can give a fraudulent payment request all the credibility it needs. A fraudster inside a business email account can study invoices, approval limits and payment timing, then join an existing conversation with...
Truist has announced several new enhancements to its merchant services offerings. These enhancements cover how “businesses select solutions, onboard, access insights, manage payments and serve customers across multiple channels,” the bank said in a news release Tuesday (Nov. 3). “The investment reflects clients’ increasing need...
Coupa’s Invoice-to-Pay solutions saw strong growth in the first half of the company’s fiscal year 2027, the company said in a Tuesday (Nov. 3) press release. The company’s Coupa Pay solution concluded the first half with a 58% year-over-year increase in transaction growth. This solution...