Payments

Stord has acquired third-party logistics provider AMS Fulfillment, adding more than 1 million square feet of warehouse space and expanding its capacity to handle orders for consumer brands as it ...

Financial technology firm Coast announced in a Thursday (Oct. 22) press release that it has raised $35 million in a new growth equity funding round to expand its payment and ...

Digital money is pushing banks toward making decisions about infrastructure well beyond whether to issue a token. Among the decisions that need to be made: Which forms of digital money ...

In the commercial payments realm, invoices need validation, discrepancies warrant resolution and someone (or an authorized system) ultimately approve the release of funds. Smart contracts are being used to carry ...

OpenAI has launched a new partnership with artificial intelligence (AI) rival Google. This collaboration brings OpenAI’s frontier AI models and Codex⁠ agentic workflows to Google Cloud’s Model Garden, the companies announced Wednesday (Oct. 21). The integration ...

Visa has introduced new capabilities designed to keep commercial virtual card payments safer. Visa Commercial Fraud Solutions are part of a series of new capabilities designed to bring “trust and control” to ...

FinTech company Mercury added an artificial intelligence-native payroll solution to its offerings so that founders can pay employees and contractors from the account they already use to manage their money, ...

Third-quarter results from PNC, U.S. Bancorp, Truist, Fifth Third, Regions and KeyCorp show that regional banks are putting artificial intelligence into everyday banking operations, while several report more commercial lending ...

A merchant can negotiate a better payment processing rate and still face an expensive move if its saved customer credentials are tied to its existing provider. That tension sits at the ...

Treasury’s effort to regulate payment stablecoins hinges on questions on when a coin has actually been issued, who issued it and how a stablecoin created outside the country can legally ...

London-based payments firm Finsei has picked issuer processing platform Thredd to power its new Mastercard debit offering. “The partnership reflects a shared focus on simplifying an increasingly complex payments environment,” Thredd said in a Tuesday (Oct. 20) news ...

Finastra has launched a cloud-enabled solution designed to help U.S. banks digitize and automate their standby letter of credit (SBLC) flows, without having to deploy a full trade finance platform, ...

B2B payments company Boost Payments Solutions has launched a partnership with financial operating system Airwallex. The collaboration is designed to enhance Boost’s international commercial card processing capabilities and help it streamline ...

Visa has launched an agentic payments partnership with accounts payable and receivable solutions providers BILL and Billtrust. The collaboration is the first live pilot to allow artificial intelligence (AI) agents “to initiate and complete approved ...

Cross River Bank plans to add branded wallet, stored value and loyalty rewards technology to its regulated financial infrastructure by acquiring FinTech company Accrue, Cross River said in a Tuesday (Oct. 20) ...

Watch more: Digital Shift With Félix Bélisle-Dockrill of Axya A supplier promises to deliver parts on the 18th of the month. The shipment gets pushed to the 25th. The enterprise resource ...

Your phone can handle the checkout. Your hand may still reach for the same old card. Twelve years after Apple Pay arrived, mobile wallets are gaining users, but familiar payment ...

Finance platform Ramp aims to form a national trust bank that would offer fiduciary investment management and custody of digital assets, the company said in a Monday (Oct. 19) post on X. Ramp submitted an application to ...

Users of Relay’s small business banking and money management platform have sent over $500 million in cross-border payments through Nium’s global money movement platform since the companies launched their partnership ...

Proof and Circle Internet Group said Monday (Oct. 19) that they will demonstrate at Money20/20 how open identity and payment protocols can work together to enable businesses to trust transactions ...

Square has consolidated its credit and debit programs on Marqeta’s card issuing platform, saying this will enable the company to bring new credit features to market more quickly. With this move, Square migrated ...

Mexico-based B2B financial platform Kapital is set to acquire artificial intelligence startup Woz. The $30 million deal is designed to strengthen Kapital’s financial ecosystem with the addition of Woz’s advanced coding agents for “complex ...

Mastercard has chosen spend management/virtual card FinTech Extend as one of its financial operations platform partners. The collaboration, announced Monday (Oct. 19), is designed to bring new spend and expense management ...

The banking industry will respond to the rise of artificial intelligence-driven cash optimization tools by using relationships with customers and offering the same services these tools offer, with the added ...

Banks campaigning to prevent stablecoins from draining their deposit base may already hold a simple but powerful competitive tool. A new working paper published by the Bank for International Settlements ...

The check was supposed to be dead by now. Instead, it has become a $15 trillion reminder that moving money and settling a business obligation are not always the same ...

Watch more: Monday Conversation With Fifth Third Bank’s Katherine Weislogel There’s a workforce problem brewing in corporate treasury departments, and it has little to do with finding the next generation of ...

Several of America’s regional banks posted robust third-quarter earnings last week amid strong commercial loan demand. And as Reuters reported Friday (Oct. 16), these earnings add to indications that the U.S. ...

Indian consumers are reportedly increasing their cash usage ahead of new fees on the country’s popular digital payment system. Beginning next month, the United Payments Interface (UPI) system will apply a ...

Marqeta’s enterprise customers can now offer stablecoin-backed cards powered by Coinbase, the companies said in a Friday (Oct. 16) press release. This offering is enabled by a new collaboration that integrates Marqeta’s card ...

Cross-border payments carry a working capital cost before money reaches the recipient. Payment providers frequently need funds available in advance to make payouts in other markets. For a company operating across ...

Truist exited its third quarter with higher deposits, continued growth in consumer spending and stable underlying credit quality. An earnings call Friday (Oct. 16) indicated that the new Truist CEO, Mike ...

Cybersecurity has always been an arms race. Artificial intelligence (AI) is turning it into a war of attrition, where the winner may be whoever can afford to keep fighting the ...

Some of the U.K.’s digital lenders to small businesses have reportedly reached profitability more quickly than consumer-focused FinTechs. That’s according to a report Thursday (Oct. 15) by the Financial Times (FT), ...

Artificial intelligence (AI) agents’ growing use of cryptocurrency to purchase digital services is pointing toward a practical market for automated payments: transactions so small and frequent that conventional card processing ...

QuickBooks maker Intuit has announced plans to acquire Series A revenue management company Sequence. The deal, announced Thursday (Oct. 15), is designed to add new revenue management capabilities to Intuit’s financial intelligence system and boost ...

Corporate cash has become one of banking’s most consequential bargaining chips. The third-quarter earnings season is offering chief financial officers a glimpse of what financial institutions are willing to provide ...

Tungsten Automation has added a new intelligent payment orchestration solution to its invoice-to-pay (I2P) platform. The Pay+ solution, announced by the document/workflow automation company Thursday (Oct. 15), is part of Tungsten’s InvoiceAgility+ ...

Watch more: Trusted Data Comes Before AI Payment Decisions  Moving money used to be the product. Today, it’s becoming a commodity. “Execution itself is becoming commoditized. The durable value sits in the ...

Watch more: Digital Shift with Payroc’s Paul Vienneau The most important question for software companies building payments used to be whether they had the engineers, budget and time to do it ...

A small business can have a warehouse full of merchandise, a growing order book and packages moving toward customers, and still struggle to qualify for financing. The problem isn’t that the ...

Revenue assurance platform xfactrs argues that services companies are suffering from “revenue leakage” hiding “in the gaps between what’s sold, contracted, delivered, and billed.” To address this issue, the company announced Wednesday (Oct. 14) that ...

Federal regulators said some of the largest banks in the United States allowed political concerns to shape who received services. The Office of the Comptroller of the Currency released a 45-page ...

Genpact has launched a suite of agentic artificial intelligence solutions designed to handle accounts receivable tasks for industrial clients in manufacturing and mining, the company said in a Wednesday (Oct. ...

The 21st century finance team is growing. But instead of hiring more employees, chief financial officers are onboarding artificial intelligence solutions. After all, AI agents can today already reconcile accounts, investigate ...