Treasury secretary wants marijuana businesses to bank, PayPal says mobile payments key to gig workers, and Pay360 talks AI in accounts receivable.
| | | | BUSINESS TO BUSINESS EDITION | | Chase Talks Real-Time Payments, Real-Time Ubiquity As countries like Australia and Hong Kong roll out their real-time payment schemes, U.S. multinationals stand to benefit from an interoperable faster payments infrastructure, says Art Briekse, JPMorgan Chase's head of faster payments. In the February Faster Payments Tracker, Briekse talks about the bankâs efforts to build an instant payments platform that works with international payment schemes. The work, he believes, starts with onboarding smaller U.S. players for reaching real-time ubiquity. |
| As Competition Heats Up, Blockchain Players Recognize The Value Of Collaboration Some corporates may be in a race to deploy blockchain solutions, but as competition is heating up, more players are also embracing a collaborative approach to blockchain innovation. This weekâs Blockchain Tracker takes a look at the latest joint ventures, collaborations and consortia to form, including new moves from Alibaba, Warren Buffetâs freight conglomerate and a new mega-alliance between two blockchain alliances. |
| | Accounts Receivable | | Artificial Intelligence Lands AR In Uncharted Territory AI is quickly finding its footing in the back office, but itâs forced areas like accounting to enter uncharted territory regarding liability. After all, if a robot makes the wrong call, whoâs to blame? U.K. payments processing firm Pay360 says AI could have its own legal ecosystem one day. But today, the company told PYMNTS, there are more straightforward ways AI can make a positive impact in AR, and address the issue of late invoice payments, without running into liability issues. |
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