The world may never know just what happened at OpenAI during last week’s whirlwind. After the headline-grabbing drama, CEO Sam Altman was reinstated without a board seat; the company’s chief scientific officer, Ilya Sutskever, returned to his post; and the nonprofit’s board of directors was...
Billtrust has added a new interface to its artificial intelligence (AI)-powered accounts receivable (AR) platform that provides enhanced AR visibility, a new Days to Pay Index and a unified user experience. These new capabilities are designed to help chief financial officers achieve a unified order-to-cash...
It has become commonplace to say that generative artificial intelligence will upend, well, everything. The rise of AI and a range of hyper-enabled chatbots and voice functions is changing the digital assistant game at a time when consumers are multitasking and leaning on technology to...
Webexpenses, a supplier of cloud-based financial management software, has partnered with cross-border payment network Wise Platform to provide a seamless and efficient expense solution across multiple currencies. With the integration of Wise Platform, Webexpenses customers can now manage and pay their expenses directly from the...
Amazon is bringing its palm-based identity service to the world of corporate security. Amazon Web Services (AWS) announced Monday (Nov. 27) the debut of Amazon One Enterprise, a contactless security tool designed to grant entry to places like offices, airports, hotels and educational facilities. “Today, organizations authenticate employees...
Using instant payment methods can streamline the payment process and improve overall customer satisfaction, making consumers 11% more satisfied and nearly double their likelihood to remain as clients when instant payments are free. A PYMNTS Intelligence research study in collaboration with Ingo Money found that...
Funding for European tech startups continues to fall as American investors shut off financing. That’s according to the annual State of European Tech report by British venture capital firm Atomico. Released Tuesday (Nov. 28), it projects funds raised by Europe’s tech startups will reach around...
The payments industry has been a latecomer to the financial technology revolution. Many companies still use legacy accounts receivable (AR) processes marked by an overwhelming reliance on manual procedures. Now, the industry is at a crossroads, facing a technological advancement that promises to leave no...
Galileo Financial Technologies Chief Product Officer David Feuer told PYMNTS that there has been no shortage of money spent in the continuing, and perhaps eternal, battle against hackers, cybercriminals and online thieves. “The investment in anti-fraud technologies has been a focal point across the industry,...