Ocr news and trends

Today in B2B Payments: Firms Announce Partnerships
B2B Payments // September 28, 2022

Today in B2B payments, newly announced partnerships aim to provide solutions for eInvoicing, request-to-pay services, capital advance, B2B eCommerce payments and payment tech for accounts receivable (AR) management. Plus, Billtrust says it’s been sold in a $1.7 billion deal.  Partner Hub, Answer Pay Team on...

Routable Debuts Optical Character Recognition for Invoice Processing
Accounts Payable // September 28, 2022

Business payments platform Routable has expanded its capabilities, adding new features for automated invoice data entry, a press release said. The company has added Optical Character Recognition (OCR), which will let the Routable platform automatically scan invoices and create payables. This will make it so...

Open Banking Overcomes The Data Obstacle Of Paper
B2B Payments // December 30, 2019

The Open Banking business model has derived mixed reactions from the financial services market, and without a regulatory mandate in the U.S., it’s not entirely clear how deeply the data sharing strategy will proliferate. What is clear, however, is that Open Banking is gaining traction,...

Thomson Reuters Steps Into Mobile SMB Accounting
B2B Payments // August 17, 2018

Thomson Reuters is stepping into the world of mobile small business accounting with the launch of a new app, OnBalance Express. Announced this week, the solution is a cloud-based app that provides accounting services with added functionality, including invoicing, online payments, expense management, vendor tracking,...

Quick Reads
‘Rare’ Android Malware Uses OCR to Steal User Info

July 30, 2023
Security researchers have reportedly discovered malware that steals user data via optical character recognition. This malware, known as CherryBlos and uncovered by security firm Trend Micro, has been embedded into at least four Android apps available outside of Google Play, particularly on sites promoting money-making scams, Ars Technica reported Friday (July 28).  According to the report, the malware contained a […]

Routable Debuts Optical Character Recognition for Invoice Processing

September 28, 2022
Business payments platform Routable has expanded its capabilities, adding new features for automated invoice data entry, a press release said. The company has added Optical Character Recognition (OCR), which will...