Algorithm-driven invoice payment decisions
Previse has pioneered algorithm-driven invoice payment decisions. We use machine learning to predict the likelihood that a multinational will ultimately pay a supplier's invoice, which enables instant payment. Previse reduces transaction costs for buyers, improves working capital for suppliers, and creates an attractive new asset class for funders. This is "Trade Finance 2.0", driven by data, and driving growth for companies large and small
For years, the use of cards within B2B payments has been relatively nascent. However, with news Tuesday (Oct. 1) that American Express teamed with Boost
American Express has teamed with Boost Payment Solutions to provide commercial virtual card processing services. The offering, open to U.S. merchants that
For corporates, the goal, especially in the current inflationary environment, is to squeeze margins higher. There are two levers to pull, ideally working