automation

Treasurers Wasting Thousands Of Hours On Spreadsheet Cash Management

Corporate treasurers in the U.S. and Europe are wasting thousands of hours a year relying on manual spreadsheets to manage cash, according...

2.1K

Artificial Intelligence

All About The Bots – And Valuations, Too

In the land of startups, and valuations of startups, it’s all about the Benjamins. And the bots. And the Benjamins that can...

1.1K

What Separates Top Accounts Payable Performers From The Rest

Amid talk of enterprise digitization, discussions about paper invoices and checks persist. New research suggests a vast divide between businesses that have...

2.0K

Walmart Names Ex-Amex Exec As Chief Customer Officer

As competition makes it challenging for retailers to retain customers, Walmart has created a new position of chief customer officer, which will...

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News

Five At Five: Facebook Grants More Data Access

Welcome to Five at Five, your daily look at the freshest payments and commerce news. Coverage includes the latest on Facebook’s data-sharing...

1.6K

Walmart, Target Eye Automation To Improve Customer Service

To boost customer service, look to the robots? The Wall Street Journal (WSJ) reported that retail giants, such as Walmart and Target, want to...

1.2K

Jewel Paymentech: Automatic Anomaly Detection Is The Best AML

For everyone in the world except the U.S. (and even for some sports fans within the U.S.), it’s football season. The World...

1.7K

Creator Unveils Robot Burger Restaurant

Following eight years of development, restaurant automation solutions provider Creator is gearing up to debut its robot burger restaurant in September 2018. The...

2.9K

Faster Payments Takes Off For Corporates, But Not Blockchain

Corporate digitization efforts are well underway, and finance departments are often prime targets for this disruption. But a company’s interest and efforts...

Fraud Prevention

Digital Identities For A Digital World: The Key To Modern Transaction Monitoring

As the world continues its path to becoming more digital, risks are increasingly finding their way into transaction processes, and that calls...

1.4K

DadeSystems: Mobile Deposits Must Serve The Middleman Too

Tom Berdan, chief marketing officer at startup DadeSystems, is working from his home office in Orlando, where the air conditioner is broken. He’s...

1.9K

Multinational’s Next Data Challenge: Know Your Vendor

Automation may be transforming the procurement department, but when it comes to the buyer-supplier relationship, human interaction is critical. In a survey...

3.5K

AI Finds Harmony With Accounting, Procurement Professionals

Artificial intelligence has received a mixed welcome from corporates exploring how the technology could disrupt their operations. While AI can deliver time...

1.3K

Chargehound: Getting Merchants Up To Speed With Chargeback Data

When a merchant receives a chargeback, chances are that the transaction in question took place weeks or even months ago, meaning the...

2.2K

Today In Data

Meeting Customers Wherever They Are (Literally)

Why deliver oneself to a store — and face the hassle of heat, crowds and parking — when the store can deliver...

3.7K

Startup Roundup

Startup Roundup: Letting The Machines Do Their Thing

Robots aren’t going to take over every human job, but they are certainly changing what types of jobs humans need to do,...

2.0K

DadeSystems: Time To Replace Outdated RDC

Legacy systems can be a problem across the board in the payments industry, and corporate deposits are no different. Many of the...

AvidXchange: Automating HOA Payables Is Harder Than It Sounds

In the homeowners’ association (HOA) vertical, more than 70 percent of property vendor payments are still made via paper check. Granted, it’s...

2.1K

How Automation Can Help With FATCA Compliance

Validating tax information to comply with the IRS: sounds like a no-brainer, something every business and finance organization would simply take for...

3.1K

IT Departments Don’t Buy The RPA Hype

Robotics process automation (RPA) continues its permeation into corporate finance on the promise of more advanced, actionable analytics. With FinTech working to...

Security & Fraud

Jumio CTO Paints A Portrait Of ‘IDV Nirvana’

“On the internet, nobody knows you’re a dog.” It was the original internet meme, more than two decades before the term “meme”...

2.9K

Artificial Intelligence

Jeff Bezos: Humans Are Scarier Than AI

Robots aren’t going to take over the world, but humans could use them for some scary stuff. That’s Amazon CEO Jeff Bezos’s...

14.2K

ResTech

Robots And Spyce: Everything Nice?

The restaurant industry has seen its share of futuristic innovations and bots, particularly in the fast-casual and quick service restaurant (QSR) spaces....

1.7K

The Dollars And Sense Of Automation

Many organizations have recognized the value of automation for delivering cost savings, but not all of them have realized that it also...

Artificial Intelligence

White House To Host Tech Execs For Discussion About AI

Executives from tech companies including Amazon, Google, and Facebook are expected to travel to the White House this week to discuss the...

2.3K

As AI Enters The SMB Community, Cloud Adoption Still Lags

Whether robots will take our jobs or take over the mundane tasks for humans to shift to more strategic operations, one thing...

2.3K

Automating The Counterfeit Crackdown

A growing online marketplace introduces a growing set of challenges for those who manage it. As the number of SKUs available on...

Intelligence of Things

Turning To Robots To Speed Up Shipping

WALL-E has a new job. Robots are now working alongside humans in warehouses, where labor shortages are common and an extra pair...

Chief Growth Officer To Serve As Ringmaster For AvidXchange

Growing fast can be a mixed blessing. On the one hand, it’s a sure sign a company is doing something right. On...

2.0K

What To Do When The Fraud Call Comes From Inside The House

In the age of data breaches, there’s a lot of talk and tools emerging in the fraud prevention and risk mitigation spaces,...

DadeSystems Is Building The Twitter Of Accounts Receivable

The year is 2018, and social media platforms like Twitter are now influencing the way businesses handle accounts receivable. With its 280-character...

Emailage Rides Out Post-Holiday Rush In Q1

The first quarter can be even more chaotic than the holidays for some companies — or, at least, it brings its own...

2.1K

Tipalti Targets Multi-Entity Orgs With NetSuite Integration

This month, startup Tipalti is celebrating a PO-matching match made in heaven as it integrates with leading cloud ERP provider NetSuite. PO...

2.2K

Billtrust Picks Company’s First President

Payments company Billtrust announced the hire of its first president this week. In an announcement emailed to PYMNTS on Wednesday (April 4),...

4.5K

How Spend Management Beefs Up Bottom Lines

“Does your business want to improve its spend management?” Few CFOs would say “no” if asked that question: Spend management is attractive...

When Artificial Intelligence Meets Human Intelligence In SMB Accounting

The rise in automated solutions – especially in various finance functions – initially led to concern among financial professionals that their positions...

2.9K

Chargeback Automation Is An Opportunity For Scale

Businesses that hope to make 2018 a big growth year must start by asking themselves: “Which of my business operations are non-scalable?”...

Startup Roundup

Startup Roundup: A Is For Automation

The whole point of startups is to do things differently than mainstream players, and that is exactly what these companies are doing...

3.2K

Jewel Paymentech Takes On Marketplace Counterfeits

Amazon and Alibaba may be the most high-profile eCommerce marketplaces, but they are far from the only ones, especially in smaller international...

5.0K

Payment Methods

As Audits Loom, AP Automation Moves To Top Of Mind

You could call accounts payable (AP) the last mile of payments in a way. Or perhaps AP stands for the last mile...

6.0K

Oracle Launches Artificial Intelligence Apps For CFOs

Oracle is rolling out new mobile apps deploying artificial intelligence (AI) targeted at chief financial officers (CFOs) and other corporate finance professionals....

2.6K

Entrepreneurs’ Optimism Up On Economic Outlook

A new survey released Monday (Feb. 12) from the National Small Business Association (NSBA) and ZipRecruiter found small business (SMB) owners are...

3.4K

New Chargeback Rules No Sweat For Chargehound

April 15, the day that Visa’s new chargeback rules go into effect, has stirred up a lot of anxiety for merchants –...

Purchase Order Matching Is A Sign Of Maturity

Not every organization is diligent about matching purchase orders (POs) with invoices when handling supply chain payments and accounts payable (AP). A...

3.5K

The Right (And Wrong) Way To Give Accounts Payable A High-Tech Overhaul

Most companies today have at least some kind of automation in place within the accounts payable (AP) department. Even when invoices flow...

5.2K

Innovation

Japan’s Henna Cafe Hires Robot To Serve Coffee

In an effort to increase efficiency and entertain customers, a café in Japan now has a robot that makes a nice cup...