Stripe’s AI Model Touted to Be More Effective Against Fraud
Artificial intelligence models are only as effective as the data they’re trained on, which is one reason why Stripe believes its AI-driven payments platform can better detect fraud. At an event, the company said its Payments Foundation Model has been trained on billions of transactions that flow through its systems, which makes the AI model […]
Corpay Strengthens Its Push into Accounts Payable for Smaller Businesses
Corpay’s investment in AvidXchange addresses a key functionality gap for the payments firm, meeting the rising demand for accounts payable automation in the underserved middle market. AvidXchange, a provider of SaaS-based AP automation and payment solutions, digitizes and automates AP workflows for smaller enterprises. Private equity company TPG will hold the majority of AvidXchange’s stock. […]
As Businesses Reevaluate Cross-Border Relationships, Financial Institutions Can Help
The pace of innovation in cross-border payments is relentless, with regular announcements of new technologies and partnerships. Yet even as the ecosystem evolves, adoption of these solutions by commercial users remains slow and uneven. As shifting tariffs force global businesses to reconfigure supply chains, financial institutions have an opportunity to step in with guidance and […]