Online billing/payments service firm InvoiceCloud has debuted a new reporting tool. The company’s AI Report Generator, announced Thursday (June 12) is designed to offer utility, government and insurance billers real-time reporting using natural language processing. “Creating reports on overdue invoices or payment behaviors has historically...
The B2B payments landscape has long been characterized by competing interests, with buyers seeking to extend payment terms while suppliers push for prompt remittance. In joint research from WEX and PYMNTS Intelligence as part of the continuing Business Tracker series, virtual cards present a compelling...
Businesses wrestling with sluggish cash flow and escalating fraud are increasingly looking to digital payment solutions, according to a recent PYMNTS Intelligence report highlighting the challenges of legacy methods. The report, titled “Virtual Cards Boost Commercial Payment Speed and Security,” examines how traditional business-to-business (B2B)...
The B2B space barely had time to wrap its head around generative artificial intelligence (GenAI) before the next iteration, agentic AI, arrived. And if GenAI jolted the B2B world with its ability to produce language, content and code at scale, agentic AI ups the ante....
Since the inception of the paper check, B2B payments have traditionally gotten the short end of the stick when it came to subsequent innovations in payments. In the consumer world, advances like embedded payments are now part of the fabric of everyday life. Users tap...
Business is evolving, and legacy processes can hamstring operations. But many forward-thinking firms are sitting attractively in the middle of a metamorphosis. Businesses, government agencies and FinTechs are pushing the boundaries of innovation, motivated by the dual imperatives of efficiency and resilience. If the past few...
Stablecoins are tokenized assets on the blockchain designed to simplify crypto transactions. B2B payments are traditionally manual, paper-based and friction-filled. Could one solve the other’s problems? Stablecoin issuers and their partners aren’t waiting around to find out. As the Wednesday (June 4) news that BVNK...
For much of business history, enterprise resource planning (ERP) systems were the exclusive domain of Fortune 500 giants with deep pockets. The reason? These crucial pieces of enterprise architecture traditionally required long timelines, and teams of consultants ready to wrestle monolithic software into submission in...
Digital transformation should result in digital capabilities, but it appears to be losing its momentum in many organizations. As companies grapple with tighter budgets and shorter executive tenures, many flashy tech initiatives have failed to evolve into lasting business capabilities — prompting a rethink focused...