Fiserv and Stuut Team on Agentic AI for Receivables
Fiserv has entered a strategic collaboration with Stuut Technologies that aims to bring agentic artificial intelligence into the enterprise receivables space. The partnership is designed to help eligible finance teams move away from manual and fragmented processes in business-to-business payments.
Agentic AI refers to systems that can autonomously execute tasks, make decisions, and take actions based on set goals. In the context of receivables, such technology could streamline workflows like invoice matching, payment reconciliation, and exception handling, reducing the burden on finance staff.
The initiative is particularly relevant for enterprises still relying on spreadsheets and legacy tools for B2B collections. By integrating Stuut's AI capabilities with Fiserv's payments infrastructure, the companies hope to offer a more cohesive approach to managing cash application and related financial operations.
Fiserv, a major provider of payments and financial services technology, continues to expand its ecosystem through targeted partnerships. Stuut brings specialized expertise in agentic AI. The companies said the collaboration is expected to benefit eligible enterprise customers where such solutions are available, though specific terms and market rollouts were not detailed.
Source: Finextra
