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.

Intuit QuickBooks added a new Recurring Payments feature to enhance invoicing management for small and mid-market businesses.

Plus, Xero debuts "reconcile period" feature; EisnerAmper appoints David Frigeri as chief artificial intelligence officer; and other accounting tech news.

During its Intapp Amplify event, Intapp announced new artificial intelligence-driven improvements to Intapp's Time, Walls and Assist products.

Plus, Lili announces international payment solution; Foxit debuts new versions of desktop, PDF conversion products; and other accounting tech updates.

Plus, KPMG announces KPMG Velocity business transformation suite; Sovos achieves full SAP certification on suite; and other accounting tech news and updates.

AP-focused financial automation platform Stampli announced the release of an AI-driven procure-to-pay solution that works through dynamic conversations with the system itself.

Spend management solution provider Ramp announced the release of Ramp Treasury, which can act as a business or investment account for users.

Zoho announced the U.S. release of Zoho Payroll, on top of enhancements to its existing finance products Zoho Books, Zoho Inventory and Zoho Practice.

Payment solutions provider Bill released a tool that lets users manage their AP needs and 1099-NEC and 1099-MISC forms together from a single platform.

Plus, Deloitte releases four new accelerators on Workiva marketplace; KPMG invests $100 million in Google Cloud Alliance; and other accounting tech news.