Watch more: From Data to Decisions: How AI Is Optimizing Invoice-to-Cash and Payments Finance is full of stubborn bottlenecks. And there are few places these bottlenecks tend to cluster more than across the invoice-to-cash lifecycle. What should be the lifeblood of a business can often...
Tranztec Solutions introduced a cloud-based, artificial intelligence-driven software-as-a-service solution that makes it easier to connect trucking carriers’ data and disparate technology systems. The FuzionPro product benefits carriers and their technology vendors by enabling these connections without the need for custom coding or contracted services to...
Finance departments have long been saddled with an unflattering reputation as the “Department of No.” To many business leaders, chief financial officers (CFOs) were seen as gatekeepers who stifled ambition with rigid budgets, risk aversion and a fixation on cost-cutting. But across today’s business landscape,...
The B2B sector’s markets move slowly compared to consumer trends, yet when change comes, it tends to reshape the foundations of how companies buy, sell and compete. This week, the converging signals of digital acceleration across payments and finance operations became nearly impossible to ignore....
In global B2B trade, inefficiency doesn’t always look like congestion at a port or tariffs at a border. Billions of dollars in cross-border B2B trade are tied up not in ships or warehouses, but in the lag between sending an invoice and getting paid. That...
Experian launched a new solution in the United Kingdom that streamlines know your customer (KYC) checks by continuously monitoring customer data from internal and external sources and automatically flagging data changes that may indicate risk. The Financial Crime Compliance Perpetual Monitoring solution reduces financial institutions’...
The story of payments innovation is, at its core, a story about margin. From the early days of merchant acquiring to the rise of mobile wallets, each breakthrough opened a new avenue for value creation. Until, one day, it didn’t. As with most innovations, what...
In the hierarchy of business expenses, the cost of a postage stamp rarely registers. Particularly when compared to capital equipment, raw materials or enterprise software. That could be why, despite advances in electronic transfers, automated clearing house (ACH) systems, and real-time payment networks, as much...
Financial technology company FIS has introduced an artificial intelligence (AI)-powered treasury management solution. FIS Neural Treasury combines AI, machine learning and robotics to help corporate treasurers increase efficiency, reduce operational risk and unlock cash flow to finance strategic growth opportunities according to a Thursday (Sept. 4) news release....