J.P. Morgan Chase is working with Siemens to create a blockchain system for the latter company’s payments. 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...
Business-to-business (B2B) transactions are notorious for various pain points and paper-laden processes that, from invoices to paper checks, result in late, and even lost, payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
Digital wholesale management platform JOOR has added another outfit to its wardrobe. Already serving business-to-business (B2B) buyers and sellers in the luxury spaces, it’s now expanding into bridal. The company announced on Dec. 14 that it will now also focus on bridal salons and their...
Pantera Tools is rolling out its direct invoicing feature, which allows users to consolidate their business systems, according to a Saturday (Dec. 18) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
As companies in Latin America looked for ways to operate with more agility and flexibility during the pandemic, Clara saw an opportunity to provide them with an entire spend management solution. And as many of its customers operate across different countries in the region, the...
To take on the challenges of accounts payable (AP) invoice automation and the insurance submission intake, Kanverse has deployed a product that uses several technologies: artificial intelligence (AI), machine learning (ML), optical character recognition (OCR) and natural language processing (NLP). Get the Full Story Complete...
For business-to-business (B2B) payments, traditional methods such as checks and wire transfers remain the top choice for most companies, but digital payments are now accounting for a greater share. In fact, 25% of B2B payments are digital payments, the Working Capital Playbook, a PYMNTS and YayPay collaboration, reported. Get the Full Story...
Management and technology consulting company BearingPoint and Swiss financial market infrastructure operator SIX have joined forces to develop a fully integrated invoice-to-payment service that will be rolled out in Europe, potentially in 2023, the companies announced in a press release on Thursday (Dec. 16). Get...
The payments and card issuance firm Nium has brought its virtual card issuing tool to the U.S., a move the company says will make it easier for travel-related businesses to pay suppliers. Get the Full Story Complete the form to unlock this article and enjoy...