Tagged: automation

Derivative Path, Goldman Sachs to Provide FX, Global Payments to US Banks

Derivative Path, a provider of capital markets tech and derivatives execution services to regional and community banks, announced it is working with Goldman Sachs Transaction Banking (TxB) to offer “an automated, digital-first payments platform to help financial institutions with spot foreign exchange and international payments.”… Read More

Fintech Mission Lane to Help People Optimize Income via Gig Work Discovery Engine

Mission Lane, a “purpose-driven” financial technology company, recently launched a series of product enhancements for its Earn app “to help people grow and optimize their income through a gig work discovery engine and an automated income tracker.” Mission Lane aims to “provide high-quality, transparent, and… Read More

Kofax, a Workflow Automation Software Firm, Acquires Tungsten, a B2B E-Invoicing Network

Kofax, a supplier of Intelligent Automation software for digital workflow transformation, recently announced it has acquired Tungsten Corporation, a global B2B e-invoicing network that “facilitates and streamlines complex invoice-to-pay processes.” Tungsten provides a platform “for onboarding of suppliers, PO exchange, invoice processing, e-invoicing, compliance and… Read More

DTCC Achieves Automation of Voluntary Corporate Actions Lifecycle to Help Industry Navigate Rising Risks, Costs

The Depository Trust & Clearing Corporation (DTCC), the post-trade market infrastructure for the global financial services industry, revealed that its subsidiary, The Depository Trust Company (DTC), successfully “processed the U.S. market’s first-ever, fully-automated voluntary reorganization ISO 20022 instruction as part of its newly automated Voluntary… Read More

Fintech Tipalti Announces Features to Enable Invoice Collaboration for Accounts Payable Teams

Tipalti, the global payables solution, recently announced Bill Talk and Bill Docs, two new enhancements to its accounts payable automation solution, which will “further modernize the invoice approval process.” The innovations make it “effortless” for buyers and approvers “to collaborate, while improving audit readiness and… Read More

JAGGAER and Billtrust to Offer Invoicing Automation

JAGGAER, the international “leader” in Autonomous Commerce, recently announced a relationship with Billtrust (NASDAQ: BTRS), a B2B accounts receivable automation firm. Suppliers can now “reduce manual work and lower administration cost by automating the process of sending out invoices within or outside of JAGGAER’s network… Read More

Fintech Paddle Acquires ProfitWell to Automate Payments Infrastructure for SaaS Firms

Paddle, the complete payments infrastructure for SaaS companies, announced that it has acquired ProfitWell, the provider of subscription metrics and retention automation software. The deal – valued at more than $200 million in cash and equity – is “the next step in Paddle’s mission to… Read More

Onfido Real Identity Platform Enhances Performance with Automated Identity Verification

Onfido, the digital identity verification and authentication provider, has announced the expansion of its Real Identity Platform, “improving fraud accuracy by 54% and fully automated performance by 12x.” The platform “simplifies identity for everyone.” Now customers can “reduce the complexity of sourcing and managing multiple… Read More

Wells Fargo Wealth and Investment Management Relaunches Intuitive Investor

Wells Fargo Wealth & Investment Management (WIM) recently announced the relaunch of Intuitive Investor, its digitally automated investing platform. Investors can now “access the robo-advisory platform with only a minimum $500 investment.” Michelle Moore, head of Digital for Consumer and WIM at Wells Fargo, said:… Read More

PepsiCo Taps Billtrust’s Automated Credit App Solution in Introducing the Distribution of Hard Mountain Dew

Billtrust (NASDAQ: BTRS), a B2B accounts receivable automation and integrated payments provider, recently announced that PepsiCo has now deployed its automated Credit Application solution “to support the distribution of HARD MTN DEW, a new Mountain Dew-branded alcoholic beverage.” For the distribution, Blue Cloud Distribution, Inc…. Read More

American Express and Billtrust to Offer Suppliers a Solution to Accounts Receivable Challenges

American Express Company (NYSE: AXP) has announced a collaboration with Billtrust (NASDAQ: BTRS), a B2B accounts receivable automation and integrated payments firm, in order to “enable suppliers to streamline acceptance of American Express virtual cards.” With this integration, suppliers will have the ability “to automate… Read More

Billtrust Extends Business Payments Network Relationship with KeyBank

Billtrust (NASDAQ: BTRS), a B2B accounts receivable automation and integrated payments leader, recently announced that it has expanded its Business Payments Network (BPN) provider relationship “with KeyBank to include B2B invoice delivery in addition to capturing payments and processing remittance data through its first-of-its-kind digital… Read More

Payaut, an Automated Payment Solution for Online Marketplaces, Finalizes €8M Seed Round

Payaut, an automated payment solution for online platforms and marketplaces, has announced it has closed an €8 million seed round “led by Gradient Ventures, Google’s AI-focused venture fund, with participation from existing investors LocalGlobal and Entrée Capital.” Payaut, which provides a range of financial solutions… Read More

Legal Blockchain Solution: Hogan Lovells Introduces Tech Platform to Offer Transaction Efficiencies

Hogan Lovells has reportedly become the first law firm “to implement an ecosystem-scale document and contract automation technology which will drive efficiencies within commercial transactions for clients.” The blockchain or DLT-enabled technology platform, DriveChain, is “now available to firm clients across all sectors and industries.”… Read More

Digital Banking: Philippines based Netbank Enhances Kayamo’s Loan Payout, Payment Collection Process

Kayamo is teaming up with Netbank, a fully-regulated bank that provides Banking-As-A-Service solutions through open APIs, to improve the way they release loan payouts and collect loan repayments–”overall, to provide a better user experience for their end-customers.” Prior to this partnership, Kayamo needed “to complete… Read More

CYTRIO Adds GDPR Support to Data Privacy Rights Management Solution

CYTRIO, a data privacy compliance company, has added support for the European Union’s General Data Protection Regulation (GDPR) to its all-in-one, cloud-native data privacy rights management automation solution. GDPR impacts any company, “regardless of location, that collects, uses, shares, or stores personal information from European… Read More

Fintech Gaviti Secures $9M to Help Firms Recoup Outstanding Receivables

Fintech firm Gaviti helps companies recoup outstanding receivables via their automated platform. Last year, their customers recovered $6.2 billion in A/R Receivables “by streamlining an otherwise tedious process,” according to Yan Lazarev, Co-founder & CEO of Gaviti. Gaviti, an automation system developed to assist firms… Read More

Laiye Eliminates Intelligent Automation Risks with Business Results “Guarantee”

  Global Intelligent Automation company Laiye, serving 70% of the top 10 global Fortune 500 companies, has announced an offer to ensure businesses “make the leap to Intelligent Automation by committing to refunding 100% of the license cost if its solutions do not achieve the… Read More

Langley Federal Credit Union Chooses Diebold Nixdorf as ATM as a Service Provider

Diebold Nixdorf (NYSE: DBD), an international firm focused on driving connected commerce for the financial and retail industries, has announced that it will “operate and manage the entire self-service banking channel for Langley Federal Credit Union (FCU).” The credit union will implement “the full suite… Read More

Fintech Firm Codat Explains How Sync for Commerce Allows Platforms to Embed Account Automation

Codat has introduced Sync for Commerce. Sync for Commerce allows any commerce or payment platform “embed accounting automation seamlessly.” Codat‘s management notes that they are pleased to announce the launch of their latest product. As mentioned in the update, Sync for Commerce recently left its… Read More

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