The bigger the company, the more sprawling its back office tends to be. Enterprise resource planning (ERP) systems are supplemented by treasury management software, accounts-payable and receivables platforms, fraud tools, bank-connectivity layers, payment orchestration, foreign-exchange systems, reconciliation software and elaborate data infrastructure. Now, artificial intelligence...
Corporate card/spend management platform PEX has raised $160 million in new funding. The debt and equity financing will help support product innovation and allow PEX to expand its charge card offering, increase transaction capacity, and widen access to its platform, the company said in a Tuesday (July...
As artificial intelligence agents spread across enterprise operations, spend management platforms are racing to fill a gap that traditional finance systems were never built to handle. Ramp, a financial operations platform, raised $750 million at a $44 billion valuation this month, nearly tripling its worth...
Coupa is expanding its agentic artificial intelligence ambitions with the acquisition of Tonkean, a deal aimed at making procurement and global trade workflows more autonomous from request to payment. The cloud-native spend management company said Wednesday (May 21) that it acquired Tonkean, an AI-native intake...
August 21, 2026
Artificial intelligence (AI) may be climbing the strategic agenda at credit unions, but the most consequential gap is no longer one of awareness. It is the widening distance between what business members are asking for and what their financial institutions are prepared to deliver. Findings in the June/July 2026 edition of the Credit Union Tracker® Series, […]
May 05, 2026
Traditional thinking holds that the defining challenge for middle market businesses is around achieving growth. But traditional thinking can be wrong, and today, that equation has flipped. Findings in a...
April 07, 2026
For many small- to medium-sized businesses (SMBs), financial health is not determined solely by total revenue, but by the precise timing of that revenue’s arrival. PYMNTS Intelligence research indicates that...
March 31, 2026
For small businesses, access to credit is, in many cases, available. The problem is that many of the products offered do not reflect how those businesses operate. PYMNTS Intelligence, in...
July 28, 2026
Corporate card/spend management platform PEX has raised $160 million in new funding. The debt and equity financing will help support product innovation and allow PEX to expand its charge card offering, increase transaction capacity, and widen access to its platform, the company said in a Tuesday (July 28) news release. “We believe the future of business finance is […]
May 21, 2026
Coupa is expanding its agentic artificial intelligence ambitions with the acquisition of Tonkean, a deal aimed at making procurement and global trade workflows more autonomous from request to payment. The...
April 16, 2026
American Express is set to acquire Hyper, an agentic expense management company. The deal, announced Thursday (April 16), is designed to add to American Express’ artificial intelligence expertise across its...
January 27, 2026
Scoro has acquired Envoice, saying it aims to provide companies with a comprehensive solution for managing projects, work, resources and costs. Envoice’s artificial intelligence (AI)-powered bill and expense management platform will continue...
