PYMNTS-MonitorEdge-May-2024

AR

Augmented reality is an interactive experience of a real-world environment where the objects that reside in the real world are enhanced by computer-generated perceptual information, sometimes across multiple sensory modalities, including visual, auditory, haptic, somatosensory and olfactory.

Source: en.wikipedia.org

Amazon Anywhere Lets Consumers Shop From Virtual Environments
Amazon Anywhere Lets Consumers Shop From Virtual Environments
May 09, 2023  |  Amazon

Amazon says it will begin letting consumers buy real-world products from inside virtual spaces. Amazon Anywhere, an “immersive shopping experience” announced Tuesday (May 9), lets...

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Barclays and TransferMate Streamline International Receivables for UK Businesses
Barclays and TransferMate Streamline International Receivables for UK Businesses
May 08, 2023  |  Cross-border Payments

Barclays and TransferMate are collaborating on a new international receivables solution for U.K. businesses. By leveraging TransferMate’s global payments infrastructure, the new solution will allow...

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Why the Way Companies Get Paid Defines Their Future
Why the Way Companies Get Paid Defines Their Future
May 05, 2023  |  Digital Payments

The current economy’s transitionary challenges have organizations increasingly looking to identify and capture efficiencies. One of the biggest operational impacts being realized is how businesses...

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Generative AI Moves Finance Teams From Bean Counter to Business Partner
Generative AI Moves Finance Teams From Bean Counter to Business Partner
May 04, 2023  |  CFO

The future of business operations is undoubtedly digital.  Generative artificial intelligence (AI) tools and automated machine learning (ML) solutions are disrupting the economic landscape and ushering in a new, modern...

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Turnkey Payments Solutions Drive Big Efficiencies for Business, Says Amex
Turnkey Payments Solutions Drive Big Efficiencies for Business, Says Amex
May 04, 2023  |  Back-office

Business payments digitization is reaching an inflection point. There will be no going back from modernized processes to manual ones. As traditional payment methods and...

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Basware Adds AI to Automatically Handle Exception Invoices
Basware Adds AI to Automatically Handle Exception Invoices
April 27, 2023  |  B2B Payments

Basware is now using artificial intelligence (AI) to address, correct and automate exception invoices. The company’s SmartPDF, which already extracted data from PDF invoices and turned...

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Quadient Adds Cash Application Module to AR Automation Solution
Quadient Adds Cash Application Module to AR Automation Solution
April 26, 2023  |  B2B Payments

Quadient has added a cash application module to its accounts receivable (AR) automation solution. The new Advanced Cash Application module eliminates the need for finance teams to manually...

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Companies Tap New Data Insights After Automating Business Payments
Companies Tap New Data Insights After Automating Business Payments
April 24, 2023  |  B2B Payments

Intractable manual payment processing remains a significant pain point for many organizations, but the more companies experience automated payment processing, with the cost savings and...

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Snap Opens AI Chatbot to All Users
Snap Opens AI Chatbot to All Users
April 20, 2023  |  artificial intelligence

Snap Inc. has opened its AI-powered chatbot to all users, the latest sign of the technology’s rapid expansion. The social media company launched My AI...

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