Artificial intelligence (AI) is finding success in the back office, and that includes in financial systems and accounting departments. AI and machine learning have the potential to automate tasks that would have otherwise taken up valuable time of financial professionals and to provide deeper insights...
Two blockchain alliances have formed an alliance of their own to promote the use of blockchain in the global logistics and transport industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
A new report from Ernst and Young LLP (EY) and Payments Canada finds Canadian businesses are spending as much as $5.2 billion on payments processing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Most companies today have at least some kind of automation in place within the accounts payable (AP) department. Even when invoices flow in as paper documents, organizations are using electronic solutions or optical character recognition (OCR) tools to process those bills for payment. Get the...
BMO Bank of Montreal is expanding its commercial card portfolio with a focus on small businesses. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily...
In just two years, the U.S. will see 483 million domestic business trips, according to Audrey Hendley, SVP of Global Products at American Express. Hendley recently spoke at a corporate travel event held in New York, put on in conjunction with Hilton, to explore some...
Several U.K. banks have reportedly standardized the onboarding process for new small business (SMB) customers, adhering to regulators’ efforts to ease bank-switching, another move by the traditional financial services space that could help it compete with the growing population of challenger banks. Get the Full...
Soon after news emerged that the Consumer Financial Protection Bureau (CFPB) would be pulling back its investigation into Equifax Inc. and the data breach that led to the personal data of 143 million Americans being exposed, Equifax announced a new initiative it says aims to...
Fuel card company Allstar is targeting small businesses in the U.K. with a new initiative aimed at saving firms money. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
