AvidXchange and MIP Fund Accounting by Community Brands partnered to provide a fully digitized invoice-to-pay process to nonprofit groups. With this collaboration, AvidXchange’s accounts payable (AP) automation solution has been integrated into MIP’s cloud-based, software-as-a-service (SaaS) fund accounting solution for nonprofits and government organizations and will be offered to MIP’s 6,000 customers, the...
NetXD has expanded its cross-border payments partnership with Visa B2B Connect. After onboarding banks in Europe and the Americas, the collaboration is now moving to Asia, NetXD said in a Tuesday (May 21) news release. “Visa is committed to modernizing cross-border payments around the world...
Walgreens has formed a partnership with Banyan, a platform offering merchants item-level receipt data solutions. By adding Banyan’s item-level data capabilities, the companies said on its blog Monday (May 20), Walgreens will be able to offer a “true omnichannel experience,” with platforms combining the physical and digital. “This...
OpenAI will be using Reddit content to train its artificial intelligence (AI) models. That’s one component of a new partnership formed by the AI company and the social media platform, Reddit said in a Thursday (May 16) blog post. In this collaboration, OpenAI will bring Reddit content to ChatGPT and...
Mastercard and Salesforce have announced an integration designed to reduce purchase disputes and chargebacks. “Disputes and chargebacks, where a consumer notices a transaction they don’t recognise and requests a chargeback from their bank, represent a significant challenge to the entire payments industry,” the companies said in a news release...
Paymentology and Audax Financial Technology have partnered to enable financial institutions in Southeast Asia and the Middle East to launch and manage their own branded card program. With the Cards-as-a-Service (CaaS) solution enabled by this partnership, financial institutions can launch a program in a matter of...
Shopify and Astound Digital have partnered to improve retailers’ digital commerce efforts. Through the partnership, the companies aim to offer retailers higher conversion rates and lower costs, as well as better customer satisfaction, according to a Wednesday (May 15) news release. By combining Astound’s digital commerce experience with...
Fifth Third Bank is working with business payments provider Bottomline to offer new payment options. The companies debuted of Enhanced Payables — powered by Bottomline and its business payments network, Paymode-X — designed to help customers streamline their payment processes and enhance cash flow management and efficiencies, according to a Tuesday (May 14)...
InsurTech firm Cover Genius has formed a new partnership with Adyen, tapping the FinTech as its latest payment processing partner. Through the collaboration, Adyen aims to increase the Cover Genius’s authorization rates of online payments by offering local payment methods in the Americas, Europe and...
