Today in B2B payments, predictive analytics takes some of the pain out of accounts receivable (AR) and cash flow processes, while Société Générale unveils a startup acceleration program for financial enterprises. Plus, Zilliant launches a new price optimization tool, and Recur Club secures $30 million...
French multinational investment bank Société Générale has launched what it calls the “Payment & Transaction Banking Accelerator” (P&T BAX). As the company said in a news release Tuesday (April 19), this marks Société Générale’s first acceleration program dedicated to startups in the trade finance, factoring,...
Pricing and sales guidance software maker Zilliant has unveiled Next-Generation Price IQ, a new price optimization application. “Inflation has become the new business reality, exacerbated by supply chain turmoil, increased competition, and dramatic swings in both demand and inventory availability,” the company said in a...
At a time when three-quarters of businesses say they plan to invest in accounts receivable (AR) automation, predictive analytics has come to the fore. Predictive analytics offer some of the most promising returns on investment. The solutions leverage artificial intelligence (AI), machine learning (ML), data...
Today in B2B payments, o9 Solutions rolls out a supply chain planning services powered by artificial intelligence (AI), while Versapay acquires accounts receivable (AR) FinTech DadeSystems. Plus, Jarafa debuts an eCommerce marketplace for B2B and B2C customers across Bangladesh, and millennial buyers push B2B digitization....
Artificial intelligence (AI) software planning firm o9 Solutions and Deloitte on Monday (April 18) announced the launch of Smart Planning, a subscription program that brings together Deloitte’s supply chain and data science with o9’s planning platform. Smart Planning is an AI-powered, cloud-based digital insights, connectivity...
The B2B space’s steady trend toward digitization is continuing, with a growing share of interactions between B2B buyers and sellers taking place digitally. This move toward virtual B2B platforms is occurring amid shifting workplace demographics, with millennials — widely regarded as the first “digital-native” generation...
When Surecomp announced Tuesday (April 12) a solution to mitigate the risk of duplicate trade financing fraud, the company tackled a type of fraud that had been next to impossible to prevent — and that has led some banks to abandon the trade finance business...
The fraudsters just keep getting more brazen. Data shows that the average online storefront experienced 344 fraud attempts in 2020, up 24% from the prior year, highlighting the importance of security measures for those involved in eCommerce. While 59% of companies build fraud detection into...