Fintech acquisition targets bank accounting software market
AvidXchange is expanding its outreach to lenders with its purchase of BankTEL, which currently does business with 20% of U.S. banks. ... Read full article
News Topic: Electronic invoicing
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Harnessing AI to help customers speed invoice processing and get paid
Banks are making business customers happy with new digital billing services as machine learning meets the lockbox. ... Read full article
Banks tap new source of fee income in helping firms with e-payments
Commercial customers, including small businesses, seem ready to pay up to shift to faster, more sophisticated electronic invoicing and payments, and enterprising banks that provide them the technology to do so could find it lucrative. ... Read full article