Melio Unveils Agent Mel, an AI‑Powered Financial Assistant Built to Streamline SMB Decision‑Making

Melio, the payments platform known for simplifying vendor payments for small and midsize enterprises (SMEs), announced the launch of Agent Mel, a generative‑AI assistant designed to take the guesswork out of everyday financial decisions. While most AI chatbots focus on customer service, Agent Mel is purpose‑built for the CFO desk, delivering real‑time cash‑flow analysis, expense categorisation, and forward‑looking budgeting suggestions—all through a conversational interface.

Melio launches Agent Mel, an AI financial assistant for SMBs

Autobooks Acquires Allied Payment Network to Enhance Small Business Finance Solutions

Autobooks, a leading provider of receivables, accounting, and cash flow management tools integrated within digital banking, has announced the acquisition of Allied Payment Network. This strategic acquisition strengthens Autobooks’ platform by adding business bill pay capabilities, empowering financial institutions to offer small businesses a comprehensive finance solution.

Autobooks Acquires Allied Payment Network to Enhance Small Business Finance Solutions