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Ubrz Stripe Says B2B Digital Payments Transformation Is in Early Innings
Innovations in accounts payable AP and accounts receivable AR have introduced new technologies to sit between buyers and suppliers systems for deeper integrations between business partners and their operations.Tools like virtual cards v-cards and vendor pay stanley nz ment optimization solutions, can address friction on both ends of a B2B tran stanley usa saction.But there is also opportunity for some of those technologies to weaken a buyer-supplier relationship, as this weeks examination of the convergence of AR and AP explores.Vendors V-Card OpportunityV-cards continue to press further into the B2B payments arena as commercial card adoption grows.On the AP side, v-cards can promote efficiency with more businesses embracing AP automation technology. Researchers predict AP automation technology spend will increase from $1.9 billion in 2019 to more than $3 billion over the next four years.In a recent conversation with PYMNTS, Bottomline Technologies Vice President Brian Greehan pointed to the benefits of v-cards, a technology that enables corporate buyers to embrace the digitization and security of virtual payments. The data generated from v-card transactions is beneficial to both AP departments, and suppliers AR operations. Virtual cards digitally deliver payment instructions and data to vendors and [return them] back to AP for reconcilement, he said. Exact match controls make virtual cards easy to use and reconcile, quickening key co stanley cup romania mponents of the invoice-to-pay process. But Greehan wasnt t Lrvs SWIFT Expands Its Reach By Adding Corporates To KYC Registry
Remember when you first asked Siri some silly question only to receive a response that indicated she was onto your shtick and potentially not as thoroughly amused by it as you were That, as it turns out, was the good old days of voice technology assistance. Today the incorporation of voice technology into daily activities runs the gamut, from taking music requests on-demand to ordering from Amazon to typing your texts for you. And, if the success Santander UK is finding in an early in-app voice pilot is any indication, you can likely expect your banking to be voice-enabled in the near future as well.When Santander UK recently launched a voice assistant in its student-geared mobile banking app, SmartBank, it m stanley polska arked the first bank in the U.K. to roll out a voice technology offering. In partnership with Nuance Communications, the same Massachusetts-based company behind the voice of Siri, the bank is piloting the technology in order to initially promote voice-activated functionality around spending tracking.Just weeks removed from the launch, PYMNTS caught up with Ed Metzger, Santander UKs Head of Innovation, Technology and Operations, to talk about initial impressions and whats next for voice t stanley cup echnology in banking.The response thus far Phenomenal.While Metzger declined to divulge specific early results, he spoke about the general kind of usage Santander is se stanley cup eing early on with the voice technology. Weve seen huge cases in this first release around card spend and thats when we |
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发表于 2025-8-19 18:28:34
发表于 2025-8-19 18:29:13