Suppliers that use the company’s Supplier Portal may now use Nipendo’s Invoice All module, according to the provider of payment automation solutions. Invoice All is a component of Nipendo’s cloud-based technology for automating source-to-pay procedures, according to a news release. Additionally, the module gives suppliers access to information about the processes used for managing invoices,…
Online banking will become more valuable. Customers say they expect 61% of their banking activity to be digital by 2024, with the biggest increases coming from more transactions made possible by ATMs and mobile devices. The fact that more than 3,000 physical branches will close in the United States in 2021 is what has led…
StormPay, a financial lifestyle app targeted towards millennials and Generation Z, has been purchased by B2B payment service provider Moneff. According to a press statement from the firms, Moneff will have more access to the consumer market as a result of the acquisition, while StormPay will be able to enhance its capabilities and user interface….
The growth of the gig economy is a result of the rise of internet markets and platforms. Since it is an internet platform, freelancers of all kinds may use it to discover methods to market their offerings, establish conditions, and get payment. The ability to pay such freelancers promptly, in the currencies, and using the…
The popularity of digital wearables like the Apple Watch, Fitbit, and smart rings has increased since 2021. They represent the trendy side of preventative healthcare. We examined this in “Connected Wellness: What’s Next In The Connected Economy,” a paper based on research funded by CareCredit. We conducted a study of more than 3,200 U.S. consumers…
Corporate payment company FLEETCOR announced that it would acquire Roomex, a provider of employee housing in Europe. The company will be able to build its hotel division and go global thanks to this move. 600 people work for Roomex, and they have stayed in hotels for 50,000 nights. Dublin, Ireland is home to the company’s…
Boost Payment Solutions, a B2B payment processing company, has partnered with artificial intelligence software developer Robobai to help corporate firms optimize payments and improve disbursement processes across the supply chain. According to a press release, the arrangement would provide clients of Robobai Boost’s straight-through B2B payments processing solution, which uses artificial intelligence (AI) to assist…
Announcing the acquisition of invoice automation provider IPS, digital payments platform Edenred said that this would provide clients of its corporate payment subsidiary, Edenred CSI, with access to a complete integrated solution for managing the full accounts payable (AP) process. According to a press statement from Edenred, with the purchase of IPS, with which it…
After being one of the first countries in the MENA area to establish a FinTech regulatory sandbox, Bahrain, a Gulf state, has pushed for the implementation of a similar strategy for the telecoms sector. The Telecommunications Regulatory Authority (TRA) of Bahrain has developed a new telecom innovation license that would grant holders speedier access to…
The best higher education aims to be more inclusive and less exclusive to people from all backgrounds. A company called Ocelot today announced a sizeable investment to develop further tools to support that effort. The business has funded $117 million and provides an AI-based platform to make it simpler for colleges and their students to…
