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Corporates Step Up To Welcome AI, Blockchain

PYMNTS

In a recent report published by Protiviti and North Carolina State University, analysts found just how important technology and innovation are becoming for corporate executives. ” B2B payments is another area of corporate finance that some analysts expect blockchain to disrupt in a major way. ”

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AvidXchange Names New COO and CPO

CPA Practice

AvidXchange, a provider of accounts payable (AP) automation software and payment solutions for middle market businesses and their suppliers, has announced that John Feldman has been elevated to the role of Chief Operating Officer of AvidXchange, Inc. Feldman is based in Charlotte, North Carolina where AvidXchange is headquartered.

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FreshBooks Unveils Initiative To Link Accounting Professionals With SMBs

PYMNTS

To connect modern accounting firms with small businesses, FreshBooks rolled out its FreshBooks Accounting Professionals Program. FreshBooks Accounting Professionals Program members will get access to a community, customized training and education, innovative technology and tools, and dedicated support.

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Deutsche Bank, Google Join Forces For Cloud Services Offering

PYMNTS

the North Carolina-based software company, told PYMNTS why organizations continue to delay their cloud migrations, and offered a guide to overcoming the sense of being overwhelmed and making progress toward automated back offices. . As B2B payments account for $25 trillion in the U.S.

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Tax Season Adds Extra Fraud Weight For SMBs

PYMNTS

Meanwhile, Forbes reported separate analysis from North Carolina State University warning that as pressure mounts for chief financial officers to hit their financial targets, they’re less likely to report fraud. This week’s B2B Data Digest takes a look at the latest data points behind more cases of B2B payments fraud.

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Today In Payments: Study Shows Americans’ Savings Drying Up; State AGs To Press Own Case Against Google

PYMNTS

In today’s top news, Americans are struggling as savings accounts run dry, and several states are preparing their own antitrust probe into Google. Seven months into the worldwide pandemic, Americans are facing empty savings accounts, reduced unemployment benefits and no relief in sight, according to an Oct. billion in Prime Day sales.

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Holiday Season Brings Corporate Payments Fraud Spike

PYMNTS

Unfortunately, this time of year fails to bring relief for businesses that fall victim to corporate and B2B payments fraud, too. Yet, analysts warn, as cross-border B2B payment volumes rise, so does the risk of fraud. 200,000 was reportedly stolen from the Salvation Army at its North Carolina district headquarters.