Electronic bill presentment and payment

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Dissecting AI hype and FOMO

/ai

Dissecting AI hype and FOMO

While artificial intelligence is transforming several industries, the financial sector has a lot to learn from specific case studies in non-banking areas such as health, travel and retail. To start at the beginning, despite the term AI having been bandied about with a number of different definitions, the actual definition is simple: technology that appears intelligent.

RBC buys accounts payable specialist WayPay

/cloud

RBC buys accounts payable specialist WayPay

Royal Bank of Canada (RBC) has acquired WayPay, a local startup that provides businesses with cloud-based accounts payable automation technology. Financial terms were not disclosed.

/security

Online payments consumers prioritise security over speed - Equifax

British consumers care far more about online payment security than speed, simplicity and convenience, according to research from Equifax, the consumer and business insights expert

/Electronic bill presentment and payment

Fiserv introduces mobile bill presentment

Fiserv, Inc. (NASDAQ: FISV), a leading global provider of financial services technology solutions, is helping companies to stay ahead of changing consumer payment preferences by enabling their customers to receive and pay their bills via seamless mobile-first interactions.

/payments

Coupa Software adds invoice payment capabilities and partnerships

Coupa Software (NASDAQ: COUP), a leader in Business Spend Management (BSM), today announced new innovations under its Coupa Pay offering as well as a strategic partnership with global payments technology provider TransferMate.

/payments

Allied Payment Network introduces real-time digital bill pay tech

Allied Payment Network, the industry’s most progressive provider of online and mobile bill payment services to banks and credit unions, introduced first-of-its-kind, real-time digital bill payment technology at Finastra’s FusionONE open banking developer conference, held May 21 & 22, 2019 in London.

/payments

Xero partners Stripe on small biz payments

Xero, the global small business platform, today announced a partnership with Stripe to develop new innovations that help small businesses get paid faster, in more ways, and gain more visibility over their business performance.

/payments

USAA invests in BillGO

An affiliate of San Antonio-based USAA, the financial services company serving the military and their families, is the lead investor in the latest round of funding for BillGO.

/payments

Billtrust partners Comdata

As more businesses turn to digital payments to streamline efficiencies and reduce costs related to the invoice-to-cash process, Billtrust today announced that leading B2B payments processor and commercial card issuer, Comdata, has joined Business Payments Network (BPN), enabling their 30,000 buyer customers to send payments to suppliers on BPN.

Amaiz launches biz banking app for UK 'solopreneurs'

/startups

Amaiz launches biz banking app for UK 'solopreneurs'

UK startup Amaiz has launched an app-based specialist banking service for freelancers, gig workers, entrepreneurs and contractors.

/payments

Basware names Blair Tolbard VP, sales, North America

Basware (BAS1V), the global leader in networked source-to-pay solutions, e-invoicing and innovative financing services, is pleased to welcome Blair Tolbard as its General Manager and Vice President of Sales for North America, effective June 3, 2019.

/Electronic bill presentment and payment

PelicanPay inks deal with Starling Bank

PelicanPay (PelicanPay.com), the innovative payments and financial crime compliance platform, today announced at Money2020 Europe a partnership with Starling Banking Services to deliver complete pan-European invoice to payables automation for small businesses together with online e-commerce merchant payment services.

/payments

Aussies can now pay their bills with cryptocurrencies via Cointree and Gobbill partnership

Cryptocurrency exchange platform Cointree has today announced it has launched its ‘pay any bill with any coin’ service with AI bill payment platform Gobbill.

Barclays invests in blockchain-based invoice exchange startup Crowdz

/startups

Barclays invests in blockchain-based invoice exchange startup Crowdz

Barclays has led a $5.5 million Series A funding round for Crowdz, the Silicon-Valley startup behind a global, blockchain-based invoice exchange vowing to revolutionise the $9 trillion receivables market

/Electronic bill presentment and payment

Simple sunsets bill pay app

Simple is saying goodbye to Bill pay on 7/9/19. We want to make this transition as easy as possible.

/payments

Wells Fargo turns to TransferMate for business payments tool

TransferMate, one of the world’s leading cross-border B2B payments providers, has today announced a strategic relationship with Wells Fargo Bank, N.A. (“Wells Fargo”) to deliver Global Invoice ConnectSM – the go-to platform for U.S.-based international businesses looking for a simpler, more cost-effective solution for receiving payments from their global customers.

JPMorgan Chase buys healthcare payments firm InstaMed

/payments

JPMorgan Chase buys healthcare payments firm InstaMed

JPMorgan Chase is buying US healthcare payments specialist InstaMed in a deal reported to be worth more than $500 million.

/Electronic bill presentment and payment

Penta integrates with Debitoor e-invoicing program

Penta customers can now save even more time and do their accounting with just a few clicks: The digital business account provider has integrated the Debitoor invoicing program.

/Electronic bill presentment and payment

CIBC launches banking platform for SMEs

CIBC (CM) (CM) today unveiled a first-of-its-kind banking platform in Canada designed to help small and medium-sized businesses run and grow their companies.

/Electronic bill presentment and payment

JP Morgan invests in Indian fintech

Global PayEx, a fast-growing player in the Electronic Invoice Presentment & Payment (EIPP) and business-to-business (B2B) payments space based in India, today announced a strategic investment by J.P. Morgan.

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