Justin Bachman

AI is a new tool to help optimize accounts receivable, which has become a “data science challenge” for many large companies, Billtrust’s CEO says.

After cutting 4,000 jobs, the company is eager to demonstrate the benefits of artificial intelligence both internally and for customers.

A move by federal officials to preempt Illinois’ interchange fee ban requires further review by a district court, the 7th Circuit said Friday.

Shareholder complaints against the payment processor are closely related and should be adjudicated in a New York case, a Wisconsin federal judge ruled.

This story was originally published on Payments Dive . To receive daily news and insights, subscribe to our free daily Payments Dive newsletter

The company set aside $240 million in the first quarter as it negotiates with the Justice Department over allegations in a 2023 short seller’s report.

This story was originally published on Payments Dive . To receive daily news and insights, subscribe to our free daily Payments Dive newsletter

As Block reorients around artificial intelligence, the app will become more interactive and predictive, co-founder Jack Dorsey said Tuesday.

The payments processor and banking tech provider has divested its education and ATM businesses this month, with more sales possible.

The Office of the Comptroller of the Currency urged a judge Friday to block an Illinois law on interchange fees that the agency has preempted.