Moore’s law is getting an artificial intelligence (AI) makeover. This, as rather than the pace of technology doubling every two years, as posited in 1965 by Gordon Moore — one of the godfathers of the semiconductor industry — advancements in next-generation computing capability have rapidly...
Allianz Trade in Asia Pacific and Bueno.money have partnered on B2B buy now, pay later (BNPL). This collaboration brings together Allianz Trade’s credit and risk management experience and Bueno.money’s B2B BNPL solution that integrates into merchants’ websites, the companies said in a Tuesday (April 4)...
Finverity has raised $5 million to expand its trade and supply chain finance technology. The United Kingdom-based firm will use the new funding to increase its headcount from 40 to 60, meet the demand for its solutions, and finish opening its offices in Dubai, Poland and...
Proactis and Finexio have partnered to help mid-market organizations eliminate manual processes from B2B payments. With their new agreement, Finexio’s accounts payable (AP) payment capabilities have been added to Proactis’ source-to-pay software solution, the companies said in a Thursday (March 30) press release. “Extending our...
Swedish open banking platform Open Payments plans to scale after raising $3.2 million. The growth round, as reported Wednesday (March 29) by EU Startups, will allow the Stockholm-based company to extend its offering to business-to-business (B2B) companies as it expands to new markets and picks...
Kyriba and U.S. Bank have partnered to offer new payment methods, including instant and Zelle payments to their joint clients. With the implementation of application programming interface (API)-powered payment connectors from Kyriba, a provider of cloud-based payment solutions, businesses can send instant payments to vendors, customers and...
Contextual real-time data, not Advil, is helping CFOs solve lingering spend management headaches. Flurries of payments and accompanying reports have kept chief financial officers on their toes for years. Still, Oded Zehavi, CEO at Mesh Payments, tells PYMNTS that the spend management landscape can be divided into...
Reeco has raised $10 million in seed funding and expanded the availability of its hospitality procurement marketplace. The marketplace, which connects hospitality buyers and suppliers, uses artificial intelligence (AI) to match the buyer’s order to one or more optimal suppliers, Reeco said Tuesday (March 28). “Reeco...
Compt has added expense management to its employee reimbursement platform. The new feature, which will be available to customers beginning April 1, integrates with leading payroll providers and simplifies expense tracking and management for both human resources (HR) professionals and employees, Compt said in a...
