Houzz now enables residential contractors and design professionals to quickly collect electronic payments in person. The company has equipped Houzz Pro, its platform for home remodeling and design, with a Tap to Pay feature that turns iPhones into point of sale (POS) devices, Houzz said...
Banks should consider offering lower-cost alternatives for covering overdrafts. That is one of the suggestions made by the Office of the Comptroller of the Currency (OCC) in a bulletin released Wednesday (April 26). The bulletin identifies some practices around overdraft protection programs that may result...
Regional banks can compete with the bigger banks. So said Citizens Financial Group CEO Bruce Van Saun on Tuesday (April 25) when speaking with Bloomberg’s Baystate Business Hour Podcast. “We go up against the megabanks every day in these markets like Boston,” Van Saun said....
Today’s data-driven, digital landscape is transforming and optimizing business processes in ways previously unimaginable. Top executives at Alphabet, Microsoft and Bank of America (BoA) and more have devoted significant time during their earnings calls this week highlighting the internal impact of generative artificial intelligence (AI)...
Payments platform ConnexPay has teamed with the FinTech Payouts Network to enable Push-to-Card payouts. As the company notes in a Wednesday (April 26) news release, these payouts are triggered by a payer who “pushes” funds in real time to a recipient’s account via a Visa...
Quadient has added a cash application module to its accounts receivable (AR) automation solution. The new Advanced Cash Application module eliminates the need for finance teams to manually apply incoming payments to customers and invoices and re-key payments received from the bank, Quadient said in a Tuesday (April...
Construction industry platform PaperTrl is offering virtual card payments with U.S. Bank’s help. PaperTrl, which offers an accounts payable (AP) management and automation platform for construction firms, announced Wednesday (April 26) that the integration lets its customers automate AP operations from procurement through payment. “By...
Tattle and Square have integrated to help sellers get a better sense of customer sentiment. The integration, announced Tuesday (April 25), pairs Tattle’s customer feedback management platform with Square’s point-of-sale solutions. “With Tattle, after a Square seller completes a sale, their customer will receive an...
Add procurement manager to the list of jobs being aided by artificial intelligence (AI) tools. Walmart is using a chatbot developed by Pactum to negotiate cost and purchase terms with some of its vendors, Bloomberg reported Wednesday (April 26). The retailer uses the AI-powered tool...
