Finexio news and trends

Behind Company Walls: Protecting Against the Evolving Insider Fraud Threat
Fraud Prevention // February 07, 2024

One of the biggest fraud threats facing enterprises is also one of the oldest. And it, unlike the rise of artificial intelligence (AI)-driven attacks, comes from within their own company walls. That’s because, while corporate fraud comes in many colors, as the landscape of work...

Spend Management Got More Granular and More Important in 2023
B2B Payments // December 22, 2023

Where a business spends money tends to define its go-forward strategy. But often where enterprise spend disappears to is opaque, with some departments sending checks to their vendors, others using electronic transfers, and employee reimbursements handled on an island. Fortunately, 2023 saw the rise of...

B2B Extinction Event: Can Electronic Payments Automate Away Paper Checks?
B2B Payments // December 20, 2023

The year is 2023, almost 2024, and we are decidedly in the digital era.  After all, things like artificial intelligence (AI), space travel, gene-editing, and more are all commercially available and thriving.  Asked to imagine the predigital era, and one thinks of typewriters, ham radios,...

CFOs See Instant Payments as ‘Cash Management’ Tool
B2B Payments // October 27, 2023

The last few months have been ones of marked change for B2B payments, and the rise of embedded finance points the way for what’s to come in 2024 and beyond. Chris Wyatt, chief strategy and product officer at Finexio, said the B2B space traditionally has...

Interviews & Exclusives
CFOs See Instant Payments as ‘Cash Management’ Tool

October 27, 2023
The last few months have been ones of marked change for B2B payments, and the rise of embedded finance points the way for what’s to come in 2024 and beyond. Chris Wyatt, chief strategy and product officer at Finexio, said the B2B space traditionally has lagged consumer-facing innovations. But the gap is narrowing. We may […]

Accounts Payable Moves From Cost Center to Revenue Generator

August 24, 2023
The paper check remains firmly entrenched in B2B payments in the United States. Finexio Chief Commercial Officer Bill Fox recounted to PYMNTS that elsewhere around the world — especially in Europe — checks...

AP Automation and ‘Taking a Breath’ Are Key Defenses Against Payments Fraud

August 17, 2023
Check fraud is running rampant. In an interview with PYMNTS, Finexio Chief Commercial Officer Bill Fox and EverC Vice President Melissa Sutherland said many companies in the battle against fraudsters can benefit from a thorough examination...

Accelerating Business Value Starts With Investing in the Finance Function

August 09, 2023
What is the value of doing this? It is a common question and one that Bill Fox, chief commercial officer at smart B2B payments network Finexio, told PYMNTS he gets...

Quick Reads
Unimarket Introduces ‘AP Payments as a Service’ for US Customers

May 01, 2024
Unimarket has introduced its fully managed accounts payable (AP) payments service, Unimarket Payments, to the United States. This service, which optimizes, monetizes and secures the entire payment life cycle, is now available to Unimarket customers with national or regional offices in the U.S., the company said in a Monday (April 29) press release. Unimarket’s spend management and eProcurement solutions […]

Finexio Unveils NextGen Platform With AI-Powered Supplier Enablement

October 23, 2023
Finexio, a B2B accounts payable (AP) Payments-as-a-Service company, unveiled its NextGen platform, equipped with an artificial intelligence (AI)-powered supplier enablement framework. The NextGen B2B payments platform prioritizes user-centricity, Finexio said...

Proactis and Finexio Partner on AP Automation and B2B Payments

March 30, 2023
Proactis and Finexio have partnered to help mid-market organizations eliminate manual processes from B2B payments. With their new agreement, Finexio’s accounts payable (AP) payment capabilities have been added to Proactis’...

B2B AP Firm Finexio Raises $35M to Grow Embedded Payments

October 24, 2022
B2B accounts payable (AP) Payments-as-a-Service (PaaS) company Finexio has completed an oversubscribed $35 million Series B round as it aims to capture a growing desire for digital payment tools. The...