Search results for "accounts payable"

April 25, 2024
Paystand Acquires Teampay to Create B2B Financial Platform

Blockchain-enabled B2B payments network Paystand has acquired spend management software provider Teampay to create a unified financial platform that covers both accounts receivable (AR) and accounts payable (AP). The fusion of the...


April 25, 2024
This Week in B2B: Enterprise Metaverses, AI Accountants, Virtual Cards

Innovation is a key factor in any company’s ability to succeed in the long run.  And so are the ways in which they pay and get paid. That’s why, within...


April 24, 2024
PayU Vet Mario Shiliashki Picked to Lead myPOS

Small-business-focused payments/card solutions company myPOS has named Mario Shiliashki as its new CEO. Shiliashki, the company announced Wednesday (April 24) in a news release provided to PYMNTS, “brings a global...


April 23, 2024
Standard Chartered and Visa Partner on Cross-Border B2B Payments

Standard Chartered has partnered with Visa to facilitate cross-border B2B payments for the bank’s corporate clients.  The bank has joined the Visa B2B Connect multilateral payment network and has become Visa’s new settlement partner...


April 23, 2024
Countsy Debuts Platform to Streamline Back-Office Management

Accounting and human resources and finance firm Countsy has debuted an online platform. Announced Tuesday (April 23), countsy.ai is designed to simplify back-office management by providing a centralized place for essential business tools and...


April 23, 2024
Fiserv Sees ‘Pent Up’ Demand for Clover’s POS Hardware and...

Fiserv’s most recent earnings call Tuesday (April 23) demonstrated continued demand for its point-of-sale (POS) systems that enable merchants to accept payments. The company posted results that showed consolidated adjusted...


April 23, 2024
Virtual Cards Set to Transform Buyer-Supplier Relationships

Management guru Peter Drucker once said that “wherever you see a successful business, somebody made a courageous decision.” That’s the spirit behind the Certainty Project, a study from PYMNTS Intelligence highlighting...


April 22, 2024
Lower Costs, Easier Integration Could Boost Instant Ad Hoc Payments

The use of ad hoc payments by large enterprises to pay small to mid-sized businesses (SMBs) and individuals is on the rise — and exclusive data from PYMNTS Intelligence suggests...


April 22, 2024
Basware Debuts AI-Powered Fraud Prevention Tool

Accounts payable (AP) automation company Basware has launched a new fraud/error protection solution. AP Protect, announced Monday (April 22), is an artificial intelligence (AI)-powered tool that helps finance teams guard against fraud,...


Money Mobility Tracker®: Fast-Lane Finance: Accelerating Payments in the Trucking Industry

The trucking industry moves 72% of U.S. freight by weight and is the linchpin of a functional economy — but manual payments and legacy AP systems have the potential to bring this crucial sector to a grinding halt. The latest “Money Mobility Tracker®,” a collaboration with Ingo Money, examines the impact of outdated payment processes on the transportation ecosystem and the seamless flow of commerce.

What’s Next in Automation
Mid-Sized Firms Lag Enterprise Peers in Automating Payments and Receivables Mid-sized firms with $3M and $15M in revenues agree that automation improves efficiency and vendor satisfaction, but most have only partially automated processes, according to a new PYMNTS Intelligence study of 412 such firms, “Accounts Payable and Receivable Trends: What’s Next in Automation,” a collaboration with American Express.