ICO’s big investor risk, Xeeva talks AI disruption in procurement, and research finds APAC struggling with late invoice payments.
 

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October 242017

       BUSINESS TO BUSINESS EDITION

PYMNTS Digital Identity Tracker™

TRENDING: Voice Recognition Gets Its Own Backup Biometrics
 

Biometric authentication technology, like voice recognition, has become a security staple, but with fraudsters designing schemes to beat them, biometrics may also benefit from backup. In the latest PYMNTS Digital Identity Tracker™, powered by Socure, Kang Shin, professor of electrical engineering and computer science at the University of Michigan, explains why and how his team created a device designed to secure voice recognition software. Find that, headlines from around the space, and rankings of 134 industry players, inside the Tracker.
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Geographic Focus

APAC's Late B2B Payments Problem Comes To Light
 

As industry players and policymakers are discussing how to address their late B2B payments problems, the data suggests delayed invoice payments are plaguing suppliers the world over. The latest region to gain attention for this issue is Asia Pacific, where 90 percent of suppliers have been paid late in the last year, according to new research from Atradius. Luckily, the report finds APAC suppliers are more proactive than their peers in other parts of the world when it comes to cash flow protection.
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eProcurement

The Next Phase For AI In eProcurement
 

FinTechs are deploying AI-based solutions, like chatbots and data analytics, to address key points of friction in eProcurement. Data is key to AI, so it would seem that businesses must first migrate to electronic processes and payments to truly gain the benefit of artificial intelligence. But Xeeva CEO Dilip Dubey says the real power in AI is that it can deliver the benefits of sophisticated data analytics without that manual-to-digital migration. He tells PYMNTS about the next phase of AI’s disruption in eProcurement.

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