Accounts payable

B2B payments today: Architect Capital, Airwallex


As FinTech business models evolve, so does asset-based finance

Help community banks regain control of commercial cards

Commercial cards with value-added ancillary services can be a valuable product to offer for banks, but community banks may find it difficult to maintain control over their card programs. Brandon Lorey, President of Bank of Clarke County, spoke to PYMNTS about the possibility for small institutions to keep their corporate card programs in-house and play a bigger role in modernizing B2B payments.

Visa and Airwallex launch B2B X-Border virtual card in Hong Kong

Toast’s takeover of xtraCHEF strengthens Eatery’s AP expense management

Toast has bought restaurant management software company xtraCHEF, which equips restaurants with tools such as accounts payable (AP) automation in addition to inventory management, according to a Thursday, June 10. ad. The acquisition follows a successful partnership established in June 2020. xtraCHEF, which was created for all restaurants of varying sizes, enables operators to digitize accounts payable, manage increased inventory spending and to simplify back-office work to strengthen total profitability.

Ivalua Launches Integrated Sourcing Research Tools Through Amazon Business

Ivalua, which works in cloud spend management solutions, will give employees access to Amazon Business from Ivalua’s platform and help businesses find new sources of supply, a Press release said Thursday (June 10). It will go beyond the traditional PunchOut and enable an integrated search experience, allowing employees to search various supplier catalogs internationally, Amazon Business and other places to compare results.

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NEW PYMNTS DATA: FOCUS ON AI: THE BANK’S TECHNOLOGICAL ROADMAP

About the study: The AI ​​In Focus: The Bank Technology Roadmap is a research and interview report examining how banks are using artificial intelligence and other advanced IT systems to improve credit risk management and other aspects of their operations. The Playbook is based on a survey of 100 banking executives and is part of a larger series assessing the potential of AI in finance, healthcare and others.






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