Business
Truist launches AI-enabled receivables platform to accelerate cash application and minimize exceptions
Truist Financial Corporation (NYSE: TFC) today announced a new integrated receivables platform that uses AI and machine learning to help commercial and corporate clients simplify receivables and improve cash visibility. The solution matches payments to invoices across checks and electronic rails, unifies payment and remittance data, and accelerates cash application activity.
About this update from Truist Financial Corporation
[{"type":"text","content":"New solution unifies payments data, centralizes receivables and automates reconciliation to improve cash visibility and reduce manual work","length":138,"tagName":"p","attribs":{}},{"type":"text","content":"CHARLOTTE, N.C., Feb. 3, 2026 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced a new integrated receivables platform that uses AI and machine learning to help commercial and corporate clients simplify receivables and improve cash visibility. The solution matches payments to invoices across checks and electronic rails, unifies payment and remittance data, and accelerates cash application activity.","length":428,"tagName":"p"},{"type":"image","alt":"Truist logo (PRNewsfoto/Truist)","displaySize":"","headline":null,"caption":"Truist logo (PRNewsfoto/Truist)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":225,"url":"https://media.zenfs.com/en/prnewswire.com/5a637301ca5e04ecab2c3a2267bce59f"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/ck79Mq.eCoKBZ3VJhb7Rvw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTM5NztjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/5a637301ca5e04ecab2c3a2267bce59f","width":400,"height":225}},"href":"https://mma.prnewswire.com/media/1075420/TruistWhiteLogo.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Centralizing receivables and leveraging real-time automation, the platform accelerates posting, reduces manual work and exceptions, and strengthens access and fraud controls. Designed for simplicity, speed, and safety, it integrates with existing systems so clients can streamline workflows and scale as their needs evolve.","length":323,"tagName":"p"},{"type":"text","content":""Our new integrated receivables solution reflects Truist's purpose-driven commitment to solving real client challenges," said Chris Ward, Truist Head of Enterprise Payments. "AI and automation bring simplicity, speed, safety and smarter experiences — reinforcing why clients choose Truist as we transform how money moves."","length":346,"tagName":"p"},{"type":"text","content":"Visit Truist.com/Receivables to learn more.","length":43,"tagName":"p"},{"type":"text","content":"Finance leaders continue to report costly friction in receivables.","length":66,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Fort...