This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
The Bank for International Settlements (BIS) and a group of central banks have successfully completed Project Mandala demonstrating automated compliance for cross-border transactions. ” The post BIS Completes Project Mandala, Automating Cross-Border Transaction Compliance appeared first on Fintech Singapore.
Modulr , the embedded payments platform, today announces its acquisition of Nook , an innovative disruptor in accounts payable (AP) automation. This strategic move strengthens our offerings in invoice management and accounts payable automation, while giving Nook’s customers full access to Modulr’s extensive payments capability.”
With each dispute costing between $25 and $50 to process manually, automation has shifted from a nice-to-have to a business necessity for many organizations. Financial institutions increasingly view automation as the solution. Key Benefits of Chargeback Automation The most immediate benefit appears in reduced operational costs.
The new tool enables businesses to assign unique account numbers to individual clients or counterparties, automating reconciliation and reducing manual errors. ” The post FV Bank Rolls Out Virtual Account Identifiers to Automate Payment Attribution appeared first on The Fintech Times. .”
To create custom, scalable automation services that meet business needs in minutes and replace tedious manual workflows, paytech PayJunction has partnered with Zapier , the workflow automation platform. When used alongside PayJunction’s No-code Payment Integration, Zapier unlocks new levels of flexibility and automation.
” Embracing payment automation With GoCardless, payments are automatically pulled from customers’ accounts when due, which has improved payment success rates. With direct debit , payments are automated, which reduces the risk of missed or late payments, helping businesses maintain a more predictable cash flow.”
Rather than navigating the complexity of payments in operational silos, the AI-first approach uses risk-based intelligence and automated conversion optimization to help businesses get more out of payments. With Adyen Uplift, businesses can automate fraud control by removing the operational burden from fraud management teams.
Medius , a leading provider of Accounts Payable (AP) automation and spend management solutions, has announced the launch of Medius Payments, an embedded payment solution that enables finance teams to securely approve and execute payments, all within one unified accounts payable platform.
Ramp AI Finance Automation officially launches with a new set of AI agents that are meant to make the work of finance teams easier. Ramp’s smart automation helps businesses of all sizes cut down on manual tasks, increase productivity, and make decisions about money faster. “This isn’t just automation.
Nubank announces the launch of Automated Pix, a new option to pay recurring bills with convenience and security, available to customers starting June 16. With ‘Search Upcoming Bills’, we combine the convenience of Automated Pix with the freedom to decide how to pay bills.
Singapore-based insurtech firm bolttech is integrating generative AI tools from Amazon Web Services (AWS) to improve customer service, automate workflows, and reduce costs across its global operations. The company has built a generative AI platform called the “bolttech Gen AI Factory” using Amazon Bedrock.
It adds another layer of AI-powered automation to your QuickBooks workflows, enabling you to automate information capture, approval routing, and invoice posting. You will need to combine QuickBooks' native features with specialized AI tools like Nanonets to build a more comprehensive financial automation strategy.
Bank Automation News presents the webinar “Seamless integration: The new frontier in embedded payments” on Tuesday, July 22, at 11 a.m. Bank leaders for embedded finance webinar appeared first on Bank Automation News.
The DOJ memo to the Federal Reserve and Office of the Comptroller of the […] The post Capital One-Discover deal waved ahead by antitrust officials appeared first on Bank Automation News. The proposed $35 billion merger between Capital One Financial Corp.
For brands, the switch to payment links means a reduction in late payments, plus automated reconciling and far greater simplicity, with their invoicing system directly integrated into their ERP. ” The post Blink Payment Enters B2B Fashion Payments with Zedonk Partnership appeared first on FF News | Fintech Finance.
By automating the process through smart contracts, payments are automatically released to contractors once pre-defined conditions are met. Featured image credit: Edited from Freepik The post OCBC and Land Transport Authority Pilot Blockchain Payments for Construction appeared first on Fintech Singapore.
Finastra , a global provider of financial services software applications, and TCMpartners , a leading consulting firm in digital transformation within the financial services industry, today announced that Banco de Costa Rica (BCR) has signed a strategic agreement to launch its International Trade Automation Project.
billion Citizens began cloud migration in 2019, Ajay Punia, head of fraud risk and transmissions engineering, told Bank Automation News, adding that more than 80% [of the banks apps] are already […] The post Citizens on pace for 100% cloud migration by Q3 appeared first on Bank Automation News.
SMBs are facing a storm of cyber threats, as attackers leverage automation, AI, and advanced evasion techniques to evade traditional defences. In fact, AI automation tools are lowering barriers for entry, while increasing attack complexity.
Bookkeeping automation provider Dext has joined forces with Airwallex , the global payments and financial services platform, to launch a new payment solution later this year. The post Dext Partners With Airwallex to Ease Bookkeeping for SMBs appeared first on The Fintech Times.
The initial integration will provide the following benefits: Eliminate complexity, gain insight: Further automate financial processes with integration of accounts and payment-enabled invoices to ascertain revenue and cashflow positions. Together, we’re equipping SMBs with tools to thrive in an increasingly digital economy.”
The addition of tokenised funds supports growing real-world adoption as institutions move beyond experimentation to streamline post-trade FX processes. Institutions now have access to tokenised USD, EUR, and SGD from participating banks and can settle transactions on demand, around the clock.
This cloud-based integration helps merchants automate and streamline invoicing, accept secure payments and automate reconciliation all within a single platform. Partnering with NMI, the platform of choice for so many SMBs, allows us to extend our automated invoicing and payment solutions to a broader audience.
By automating verification through a single API, Nium Verify reduces the need for manual intervention, lowering operational costs and simplifying payment workflows. Featured image credit: Edited from Freepik The post Nium Verify Launched to Combat US$118.5 ” said Alex Johnson, Chief Payments Officer at Nium.
AXS in Singapore will add automated recurring payments through its app, while CardUp, a Funding Societies subsidiary, will support uncarded expenses like rent, education, and taxes in Singapore, Malaysia, and Hong Kong. Bill Qkr’s launch partners are incorporating the technology to provide smoother payment options in their regions.
The DWP should also investigate the feasibility of automating or semi-automating certain entitlements, as this could help get money into the pockets of those who need it.” ” The post 2.6Billion in Unclaimed Financial Support, as Complex Applications Stop Older People Accessing Help appeared first on The Fintech Times.
” While only 1% of banks surveyed have successfully automated the majority of their KYC and onboarding workflows, the report reveals a growing interest in AI-driven solutions. On the other hand, those leveraging automation and AI can transform KYC and onboarding from mere compliance tasks into strategic advantages.
Automated Bookkeeping and Accounting Fintech platforms like QuickBooks and Zoho Books provide SMEs with affordable, automated accounting tools. By automating these processes, SMEs save time and reduce errors, allowing them to focus more on growing their business.
Analysing real-time financial data Rob Israch, president, Tipalti, For Rob Israch , president, Tipalti , the firm automating finances, there are two primary ways in which fintech and AI have joined forces to improve the industry: quicker data analysis and better compliance.
The Case for Modernizing Payment Systems Modernizing payment processing systems can unlock a host of benefits for government agencies: Enhanced Efficiency: Automated processes reduce manual errors, speed up payment reconciliation, and lower operational costs.
SC GPT is expected to support over 70,000 employees globally by improving operations and productivity, tailoring sales and marketing efforts to drive revenue, advancing software engineering through automation, and enhancing the way risks are measured, managed, recorded, and reported.
Automated onboarding will allow for the cost-effective inclusion of small suppliers. The post Mastercard Partners with Fundbot to Accelerate Payments Between Buyers and Suppliers Across Multiple Markets appeared first on FF News | Fintech Finance.
Crypto fraud rate, %, Source: State of the Crypto Industry 2025, Sumsub, Feb 2025 According to the report, these results can largely be attributed to advancements in fraud prevention technologies, with innovations like biometrics checks and artificial intelligence (AI)-backed automation significantly enhancing security and fraud detection.
This innovation accelerates development cycles, reduces engineering effort, and enhances integration qualitymaking embedded payments and financial automation more accessible than ever. Automated UI component generation for efficient front-end financial service deployment.
“Most people just want to tell their financial institution, ‘Just make the [payment] and get it there for me,’” Chris Ward, head of enterprise payments at Truist, told Bank Automation News.
TreviPay , the most-trusted B2B payments and invoicing network, has expanded its order-to-cash (O2C) offering by enhancing the buyer onboarding experience through automation. Buyers using TreviPay’s automated onboarding will have a dynamic experience once company revenue numbers have been input.
Programmable Payments: Smart contract integration for automated transactions. The post AIsa Unveils Groundbreaking Payment Network for the Trillion-Dollar AI Economy appeared first on FF News | Fintech Finance. Key features include: Zero-Latency Transactions: Millisecond-level settlement speeds to meet real-time demands.
PayRetailers’ solution automates this process while retaining the speed and convenience that Pix is known for, allowing betting operators to seamlessly integrate compliance into their existing payment workflows. It also supports multiple registered accounts for bettors, streamlining the payment process while maintaining compliance.
Antom Copilot AI Agent has been significantly upgraded by Ant International to expand its role in merchant payment automation. The Chargeback AI Assistant builds tailored response strategy based on automated case-by-case analysis to help merchants improve revenue control and customer service.
Founded in 2021, Numeral is a fast-growing payment technology provider that offers financial institutions a universal gateway to connect to partner banks and access schemes and a modern payments hub to automate payment processing.
Elite , a leading provider of financial management and business operations solutions to the worlds most successful law firms, today announced its acquisition of Tranch , a leading B2B invoice automation and payments platform offering seamless invoice management and turnkey payment options for law firms and their clients.
More than two-fifths (43%) plan to use AI for payments modernization, while 40% are focused on specific use cases such as fraud prevention, customer service, and automation. ” The post RTP and FedNow Transaction Limit Increases Fuel Instant Payments Surge appeared first on FF News | Fintech Finance.
It will automate the reconciliation of invoices with claim payouts, and reduce paperwork and delays. Rich Logan, product director at Edenred Payment Solutions By combining automation, flexibility, and speed, this solution redefines the claims payout process, delivering better outcomes for both insurers and their customers.
to train models using the so-called Mixture of Experts machine learning approach, […] The post Jack Ma-backed Ant touts AI breakthrough using Chinese chips appeared first on Bank Automation News. Ant used domestic chips, including from affiliate Alibaba Group Holding Ltd. and Huawei Technologies Co.,
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content