Spanish financial services company Banco Sabadell is in discussions to sell its payments business and has thus far received bids from three companies, according to published reports. The Barcelona-based bank has gotten offers from American financial services firm Fiserv, the French company Worldline and Italy’s...
Natural language and artificial intelligence (AI) technologies provider Auditoria.AI has introduced two AI-enabled smartbots that monitor and manage shared accounts payable (AP) and accounts receivable (AR) email inboxes. Dubbed AP Helpdesk and AR Helpdesk, the smartbots deliver automated responses that speed up response time, improve...
Today in B2B payments, Visionaries Club raises 400 million euros (about $388 million) to invest “courageous capital” in digitizing supply chains, while Remofirst raises $14.1 million to help companies build remote teams. Plus, Markaaz and Nav Technologies partner to deliver curated financing options to the...
Aiming to automate routine accounts payable (AP) procedures, two-thirds of firms are either currently innovating their systems or plan to do so within the next 12 months. In fact, 11% of firms say they are currently innovating their AP systems, 31% say they will start...
Commerce technology company Payoneer has hired Assaf Ronen, a veteran of SoFi, Amazon and Microsoft, to lead a newly established division that integrates Payoneer’s technology, product and high value service units. Ronen has become the company’s first chief platform officer and will head its new...
As eCommerce becomes the norm for food purchases, digital technologies are increasingly making their way into grocers’ and restaurants’ physical spaces, PYMNTS research and news coverage this week reveals. Instacart, for one, announced the launch of its Connected Stores tech suite on Monday (Sept. 19),...
Amsterdam-based global payments company Adyen has launched two point-of-sale (POS) terminals — the NYC1 and AMS1. The new devices are both mobile and lightweight and can accept in-person payments for enterprise and platform businesses, according to an announcement on the Adyen website. The NYC1 is...
Retailers in the U.K. can roll out the tax-free welcome mat to overseas visitors now that the region has re-instituted the tourist perk in hopes it will help lure people to the area to vacation and shop. Recently appointed Chancellor of the Exchequer Kwasi Kwarteng told Parliament...
On Capitol Hill, by now the cast of characters — and the flash points — are familiar. The CEOs of the nation’s largest banks have, in a continuing series of appearances before House and Senate Committees, discussed their business models and in some cases have...
