Visa is readying a new accounts receivable (AR) tool to make virtual card acceptance easier for merchants. The company’s AR Manager will be available for a limited pilot next month as businesses increasingly turn to virtual cards as the preferred method for processing AR, according...
Balance, a United States-based company, and Hokodo, headquartered in Europe, joined forces to establish a one-stop shop for flexible payment terms across North America and Europe. The partnership aims to create new opportunities for B2B buyers and sellers by helping global B2B firms offer flexible...
Faster payments have the potential to vastly improve cross-border payments, particularly across retail payments and remittances. The Bank for International Settlements (BIS) said in a report last week, titled “Linking fast payment systems across borders: considerations for governance and oversight,” that it is seeking comments...
Completing a series of small steps is an easy way to make a big change. This is particularly true as organizations look to modernize their B2B payments workflows and block and tackle legacy processes. While the value inherent in eliminating manual processes tied to cash...
CCC Intelligent Solutions (CCC) added new artificial intelligence (AI)-based photo analysis capabilities to its cloud platform for the property and casualty (P&C) insurance industry. The solutions are designed to enhance the decision-making process for claims handlers, providing them with “actionable intelligence,” the company said in...
Today consumers are bombarded with advertisements and product promotions, and brands find it challenging to engage with their audience and build lasting relationships. Retailers are embracing virtual experiences to educate consumers, creating a blend of shopping and learning that fosters trust and cultivates positive experiences. ...
It’s easier than ever to buy online, offline, to pick up in store or have things delivered. It’s easier than ever to check out, using all manner of payment options, from Apple Pay to Tap to Pay, Scan and Go and everything in between. But...
Not long ago, mobile commerce was more of a dream than a reality. Mobile payments in-store meant pairing a clunky terminal solution with a payment terminal — and a tablet in the mix. Bluetooth was critical, and battery issues stymied the hardware. Nobody was happy,...
It’s hard to name a more vital component of the economy than the logistics industry. However, it’s just as hard to name a more challenging and fragmented payment landscape than the one supporting the logistics space — its fragmented payer and payee base has led...
