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...
GrubMarket has launched a payment platform designed for food wholesalers and distributors. The new GrubPay platform enables GrubMarket’s customers to directly accept and manage payments via ACH, credit card and other online methods, the company said in a Wednesday (April 26) press release. “With the...
As aggregators compete for college students’ loyalty, Grubhub is leveraging technology to boost convenience. Madeline Maguire, senior director of B2B marketing at the aggregator, noted in an interview with PYMNTS that investing in ways to remove friction from on-campus dining for college students can pay...