Citi has integrated Fenergo’s Client Lifecycle Management platform into its Global Transfer Agency business, enhancing investor onboarding and due diligence for regulated funds in Europe. The platform enables customized risk assessments for Anti-Money Laundering (AML) and Know Your Customer (KYC) checks, making onboarding more seamless. Clients benefit from automated data validations and real-time reporting through API connectivity. Citi’s Global Transfer Agency unit is part of the bank’s Fund Services business, catering to institutional clients including asset managers and investment managers who create and run regulated funds for institutional or retail investors. The adoption of Fenergo for regulated funds in Europe is part of Citi Transfer Agency’s ongoing digital transformation agenda, following the launch of the bank’s award-winning digital Transfer Agency service in the UK in 2023. The Citi Fenergo Client Lifecycle platform accelerates digital transformation in Europe’s regulated fund space, backed by real-time compliance automation.
Amex GBT’s guest T&E solution features AI-based tools for receipt scanning and expense justification and allows managers to create travel events, send guest invites, generate travel rules, and monitor real-time expense activity from within the portal
American Express Global Business Travel (Amex GBT) has launched a new solution to manage travel and expenses for non-employees. The platform, known as the Guest T&E, aims to provide an efficient and organized solution for guest travel and reimbursement. The platform allows travelers to build their own travel profile and self-manage bookings through Amex GBT’s business travel marketplace. It also simplifies payment and budget management by allowing companies to create virtual cards based on predefined budgets. The platform features AI-based tools for receipt scanning and intelligent expense justification, automating the data inputting process and facilitating quicker expense approvals. It empowers managers and event coordinators by allowing them to create travel events, send guest invites, generate travel rules, and monitor real-time expense activity from within the portal. The platform is focused on experience, efficiency, and first impressions, ensuring both travelers and organizers benefit from a polished, secure, and efficient experience. 24/7 travel support is built into the platform, providing a safety net for those new to business travel or unfamiliar surroundings. Currently available on Amex GBT’s Neo and Egencia platforms, the platform is part of Amex GBT’s broader strategy to digitize and modernize the business travel experience. As customer demands and additional features are added, the platform may be expanded internationally. As non-employees continue to make up a larger share of the workforce, Amex GBT’s Guest T&E platform addresses this issue with an easy-to-use interface and enterprise level control and automation. The platform highlights Amex GBT’s focus on innovation, streamlining, and user happiness, offering a professional travel experience for every guest without the headache and risk of full compliance costs.
Trovata acquires ATOM to bolster treasury management offering with debt and investment instruments, intercompany transactions, in-house bank support, credit facilities, FX hedging, full domestic and international payment workflow, bank fee analysis and bank account management
Trovata announced its acquisition of ATOM, the enterprise Treasury Management System (TMS) developed by Financial Sciences Corporation. This move marks a bold step forward in Trovata’s mission to modernize and democratize treasury technology, unlocking the full capabilities required to serve large global enterprises. With ATOM’s deep treasury feature set—including support for debt and investment instruments, intercompany transactions, in-house bank support, credit facilities, FX hedging, full domestic and international payment workflow, bank fee analysis and bank account management—fully integrated into Trovata’s cloud-native platform, Trovata becomes the first modern, viable TMS alternative to the legacy incumbents. The combined offering delivers unprecedented scale, flexibility, and performance for corporate finance and treasury teams seeking to modernize. Brett Turner, Founder and CEO of Trovata said, “With ATOM, we have the firepower to compete directly with the legacy incumbents—and replace them. This isn’t just expansion. It’s a generational shift in treasury tech.”
AmEx’s integration with Navan to enable business users to instantly create unique virtual Cards for travel bookings with built-in spending policies while offering automated reconciliation and real-time expense management
Navan announced a new integration with American Express that enables American Express U.S. Business and Corporate Card Members to instantly create unique virtual Cards for travel booked on the Navan Travel platform via Navan Connect. Navan Connect’s “Bring Your Own Card” functionality enables businesses to enjoy the benefits of the travel and expense solution employees love while keeping the benefits of the company’s existing bank and corporate card partner. To support and foster this integration, Navan is participating in the American Express Sync Commercial Partner Program. Combined with the end-to-end Navan T&E solution, the Navan-American Express Sync integration offers: Improved reconciliation. Speed up month-end close with automated reconciliation, all while earning the rewards of your American Express Card. Proactive spending policies. Create unique virtual Cards with built-in spending policies that make managing travel spend simple for finance teams. Real-time expense management. Companies have full visibility into every virtual Card expense the instant it happens with pending and cleared transactions that automatically appear in the Navan Expense dashboard to enable finance leaders to uncover savings opportunities — while keeping budgets and forecasts up-to-date. With Navan there are even more reasons to love your Card. American Express Card Members can earn the rewards of their eligible American Express Card when they use on-demand virtual Cards for travel payments.
Fifth Third and asset manager Eldridge partner to offer private credit arrangements to Commercial Banking clients
Fifth Third and Eldridge announced a strategic partnership to offer private credit arrangements to Commercial Bank clients. This program is built to enhance the ability for both parties to meet emerging and evolving needs and provide reliable private credit solutions to clients. Kevin Khanna, head of Commercial Banking. “By uniting complementary strengths and deepening our relationship, we are positioned to unlock new opportunities and enhance our collective value proposition. Most importantly both Fifth Third and Eldridge can deliver flexible, forward-looking financing solutions that empower clients to pursue strategic opportunities with confidence.” Nicholas Sandler, Co-President of Eldridge Capital Management. “This new partnership in private credit reflects a natural evolution of our engagement, grounded in a shared dedication to excellence. We’re excited to continue building on our foundation and expand what we can accomplish together across diverse forms of credit.” This program reflects a strong alignment of vision and capabilities, enabling Fifth Third and Eldridge to create new opportunities and deliver measurable value for clients and stakeholders.
Payroc’s acquisition of payment orchestration platform BlueSnap to enable it to offer end-to-end global card acquiring and eBanking processing capabilities to merchants, ISVs and embedded fintechs via a unified platform
Payroc WorldAcces is acquiring BlueSnap, a global payment orchestration and AR automation platform. This strategic acquisition unites Payroc’s direct-connect acquiring infrastructure across the U.S., Canada, and Puerto Rico, and transforms Payroc’s capabilities by adding BlueSnap’s robust global and enterprise capabilities. The transaction is expected to close in Q3 2025 and is subject to regulatory approval and other customary items. The acquisition creates a unified acquiring powerhouse that offers both end-to-end global card acquiring and eBanking processing capabilities to merchants, ISVs, and embedded technology partners, including: Global CNP Leadership & Routing Optimization: Accept card-not-present, electronic check and alternative payments in 47 countries, 100+ currencies, and 36+ local methods through a single API. BlueSnap’s intelligent routing and fraud prevention tools improve authorization rates and reduce cross-border costs. AR Automation & Cash Flow Efficiency: Accelerate receivables with embedded invoicing, subscription billing, and automated reconciliation. Real-time dashboards and out-of-the-box workflows simplify billing and collections. Enterprise-Grade Scale & Partner Ecosystem: Trusted by global enterprises and integrated with leading ISVs, ERP platforms, and embedded fintechs. Global Footprint & Compliance Excellence: Local acquiring, combined card and electronic check, dynamic and FX currency conversion, routing and interchange optimization, consolidated and detailed reporting, and managed clearing ensures cost-effective processing and regulatory compliance worldwide.
Payroc’s acquisition of payment orchestration platform BlueSnap to enable it to offer end-to-end global card acquiring and eBanking processing capabilities to merchants, ISVs and embedded fintechs via a unified platform
Payroc WorldAcces is acquiring BlueSnap, a global payment orchestration and AR automation platform. This strategic acquisition unites Payroc’s direct-connect acquiring infrastructure across the U.S., Canada, and Puerto Rico, and transforms Payroc’s capabilities by adding BlueSnap’s robust global and enterprise capabilities. The transaction is expected to close in Q3 2025 and is subject to regulatory approval and other customary items. The acquisition creates a unified acquiring powerhouse that offers both end-to-end global card acquiring and eBanking processing capabilities to merchants, ISVs, and embedded technology partners, including: Global CNP Leadership & Routing Optimization: Accept card-not-present, electronic check and alternative payments in 47 countries, 100+ currencies, and 36+ local methods through a single API. BlueSnap’s intelligent routing and fraud prevention tools improve authorization rates and reduce cross-border costs. AR Automation & Cash Flow Efficiency: Accelerate receivables with embedded invoicing, subscription billing, and automated reconciliation. Real-time dashboards and out-of-the-box workflows simplify billing and collections. Enterprise-Grade Scale & Partner Ecosystem: Trusted by global enterprises and integrated with leading ISVs, ERP platforms, and embedded fintechs. Global Footprint & Compliance Excellence: Local acquiring, combined card and electronic check, dynamic and FX currency conversion, routing and interchange optimization, consolidated and detailed reporting, and managed clearing ensures cost-effective processing and regulatory compliance worldwide.
Coupa’s Tariff Impact Planning app explores specific tariff impacts on input and manufacturing costs, and identifies potential ways to qualify for duty drawbacks based on the flow of goods through the supply chain
Coupa, the AI platform for total spend management, announces its Tariff Impact Planning (TIP) app, part of Coupa’s Supply Chain Solutions suite, designed to help businesses navigate global trade and tariff policies and ensure profitability amidst widespread uncertainty. Coupa’s Supply Chain Solutions enable leaders to seamlessly build tariff-optimized supply chains that assess current networks, future implications, and alternate strategies to balance tariff reduction, operational efficiency, and protect bottom-lines. Coupa’s Tariff Impact Planning app, known as TIP, literally offers insights and tips needed for businesses to respond dynamically to safeguard margins and minimize disruption. Key features of the TIP app include: Tariff Optimization: Proactively review current supply chain networks and explore alternate strategies to mitigate tariff impacts, considering trade-offs between cost, service, and risk in production and sourcing locations. Duty Drawbacks: Explore specific tariff impacts on input and manufacturing costs, and identify potential ways to qualify for duty drawbacks based on the flow of goods through the supply chain. Layered Tariffs: Evaluate the costs of raw material inputs, manufacturing for semi-finished goods, and goods sold for finished goods to avoid unnecessary compounding. Pricing & Market Access: Assess market and policy scenarios to inform pricing strategies, helping to navigate potential cost increases while balancing competitiveness and customer impact
AI-powered tax-preparation tools are outpacing legacy platforms by integrating real-time error detection, predictive analytics, and seamless integration with financial data sources, reducing errors by 90% and cutting costs by up to 50%
The tax-preparation industry is experiencing a significant shift due to AI-powered platforms, outpacing legacy players like H&R Block and TurboTax. These platforms are redefining efficiency, accuracy, and user experience, offering investors a chance to capitalize on a market where innovation is outperforming tradition. Between 2023 and 2025, AI-driven tax platforms have captured significant market share, leveraging automation, machine learning, and cloud-native architectures to streamline tax workflows. 77% of tax professionals anticipate AI will have a “high or transformational impact” on their work within five years. AI platforms like TaxSlayer and Cash App Taxes are capitalizing on this trend by integrating real-time error detection, predictive analytics, and seamless integration with accounting software. This reduces human error and costs, while slashing costs. The global tax technology market is projected to grow to $54.3 billion by 2034, with AI-driven platforms dominating growth.
Fundwell acquires EveryStreet to integrate embedded checkout, real-time A/R and A/P management, and payments solutions—enabling seamless cash flow, payments, and capital from one platform
Fundwell announced the acquisition of EveryStreet, an innovator in accounts receivable (A/R), accounts payable (A/P), and flexible payment enablement. The acquisition brings EveryStreet’s team, including co-founders Logan Shedd, Scott Priddy, and Kevin Park into the Fundwell organization to strengthen its technology and product offerings to businesses around the country. EveryStreet’s platform is a one-stop shop for managing, distributing, and completing invoices, powered by an embedded checkout solution with a mix of payment and financing capabilities. The platform helps reduce A/R days, improve cash flow, and increase sales conversion, while integrating seamlessly with existing ERP and financial systems to make adoption and scaling simple. By combining Fundwell’s extensive lender network and credit products with EveryStreet’s A/R and A/P management platform, businesses will have the tools to not only access capital when needed but also to proactively manage their cash flow, bridging short-term needs and long-term financial health. As part of the acquisition, EveryStreet’s technology will be seamlessly integrated into Fundwell’s platform, enhancing its capabilities to help businesses get paid faster, access financing more efficiently, and gain greater control over their cash flow. This integration builds on Fundwell’s mission to move beyond one-time funding transactions to deliver year-round financial tools that support sustainable business growth.