Payments Automation news and trends

Mid-Sized Firms Lag Enterprise Peers in Automating Payments and Receivables
Accounts Payable // December 29, 2023

More than 90% of mid-sized firms — those annually generating $3.5 million to $15 million in revenue — that plan to further automate their accounts payable (AP) and accounts receivable (AR) processes anticipate getting more accurate, efficient or streamlined processes. This technology-driven approach reduces the...

‘What’s Next’ for Payments in 2024 and Beyond? Citi Says Invisible Payments (Finally)
Payments Innovation // October 26, 2023

With 2024 right around the corner, Vineeth Subramanyam, managing director and global head of Spring by Citi, told Karen Webster that the unstoppable push toward personalization and automation in payments will take a cue from innovations stretching back into the early days of the millennium. “The magic,”...

A Growing Roster of Providers Speed Supplier Payments — and Supply Chains, Too 
Commercial Payments // September 20, 2023

Even three years after the height of the pandemic, even as economies have reopened fully, supply chains are still operating in a less than optimal manner. And part of the issue lies with payments made to suppliers. Buyers want to hold onto cash as long as...

Zelis and Rectangle Health Team to Streamline Medical Payments
Healthcare // July 19, 2023

A pair of health-focused FinTechs say their new tool drastically reduces processing times for medical payments. Zelis and Rectangle Health announced their solution for healthcare and dental practices Wednesday (July 19), saying it streamlines a number of manual steps in digital payments, such as receiving virtual payments and...

Interviews & Exclusives
Mid-Sized Firms Lag Enterprise Peers in Automating Payments and Receivables

December 29, 2023
More than 90% of mid-sized firms — those annually generating $3.5 million to $15 million in revenue — that plan to further automate their accounts payable (AP) and accounts receivable (AR) processes anticipate getting more accurate, efficient or streamlined processes. This technology-driven approach reduces the time and labor involved in processing transactions, helping to explain […]

‘What’s Next’ for Payments in 2024 and Beyond? Citi Says Invisible Payments (Finally)

October 26, 2023
With 2024 right around the corner, Vineeth Subramanyam, managing director and global head of Spring by Citi, told Karen Webster that the unstoppable push toward personalization and automation in payments will take...

A Growing Roster of Providers Speed Supplier Payments — and Supply Chains, Too 

September 20, 2023
Even three years after the height of the pandemic, even as economies have reopened fully, supply chains are still operating in a less than optimal manner. And part of the issue...

Why the Way Companies Get Paid Defines Their Future

May 05, 2023
The current economy’s transitionary challenges have organizations increasingly looking to identify and capture efficiencies. One of the biggest operational impacts being realized is how businesses shift their technology investments to...

Quick Reads
Zelis and Rectangle Health Team to Streamline Medical Payments

July 19, 2023
A pair of health-focused FinTechs say their new tool drastically reduces processing times for medical payments. Zelis and Rectangle Health announced their solution for healthcare and dental practices Wednesday (July 19), saying it streamlines a number of manual steps in digital payments, such as receiving virtual payments and entering card transactions into merchant processing terminals, into one automated […]

PayMate Expands to Chase $68 Trillion B2B Payment Market

June 11, 2023
PayMate is expanding to chase what it says is a $68 trillion B2B payments market. The business-to-business (B2B) payments and services provider — which already has operations in India and the...

Vehicle Shippers See Value in Automated Payments as Industry Slows

January 18, 2023
Super Dispatch has added a payment feature to its car shipping platform. The new SuperPay feature allows automotive shippers to pay carriers, who will receive the payment in as little...

Entryless Aims To Be The Amex Of B2B Payments

June 24, 2015
Less than two years after bill pay automation business Entryless launched operations, the firm has taken to strengthening services to ease friction between business payments. In an announcement made Tuesday...