Payments

Gen AI is now capable of producing fake documents realistic enough to fool automated systems, creating new opportunities for fraud and new challenges for those trying to prevent it.

The bill would levy a 5% tax on remittances for noncitizens and foreign nationals, on top of a roughly 5% to 10% fee already charged on the payments.

The new payments solution promises to be the first step in a broader move into financial services.

Plus, EY announces Integrated Finance Managed Service; Ignition debuts AutoCollect solution; and other accounting tech news and updates.

The AP solutions provider has agreed to be acquired by an asset management firm and payment solutions provider, after which it will go private.

Plus, Emburse launches new mobile app with AI; Bill announce new procurement capabilities; and other accounting tech news.

Plus, Intuit acquires tech and experts from fintech Deserve; Paystand launches feature to navigate tariffs; and other accounting tech news and updates.

Plus, BillingPlatform launches BP Pay solution; Bill announces "Bookkeeper Appreciation Week"; and other accounting tech updates.

ERP solutions provider Acumatica announced the rollout of its R1 release, sporting enhanced AI features as well as more industry-specific solutions.

Plus, Intuit launches Tap to Pay for iPhone users, AuditBoard unveils new AI-driven features, and other accounting tech news.