Visa plans SMB card with India's Open, HSBC's SMB platform launches in beta and Sempli explores Colombia's biggest SMB lending challenges
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

November 12, 2019

       BUSINESS-TO-BUSINESS EDITION

Credit Unions

How Humans, Machines Can Join Forces To Catch Payments Fraud

The drive toward automation in dispute management can have several advantages: flagging suspicious transactions for greater scrutiny, while letting “good” activity proceed toward seamless eCommerce. PSCU Chief Risk Officer and CU Recovery President Jack Lynch, along with NICE Actimize General Manager Justin McLean, tells PYMNTS why credit unions need artificial intelligence (AI) and robotic process automation, bringing humans and machines together to catch payments fraud. Here’s how they say it can work.

 

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AP Automation

How Supplier Focus Propels AP Innovation

With the accounts payable (AP) automation industry headed toward a multibillion-dollar valuation, innovators are keen to introduce new services to digitize the invoice-to-payments process. Increasingly, FinTech firms view suppliers and their accounts receivable (AR) processes as a key part of promoting AP automation adoption. Billtrust, Stampli and HRS are among the latest to do just that.

 

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SMB Finance

Mixing Tech With Humans To Fill Colombia's SMB Finance Gap

A new generation of entrepreneurs has ushered in the demand for digital, automated small business (SMB) lending. Yet, in a market like Colombia, where many businesses are family-owned, and the lines between personal and business finances are often blurred, FinTech needs to find a human touch to filling the SMB finance gap, as Sempli CEO Esteban Velasco tells PYMNTS.

 

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