Truist Financial Corporation introduced a new AI‑enabled receivables platform on February 3 2026. The solution automatically matches payments to invoices across checks and electronic rails, consolidating remittance data and accelerating posting for commercial and corporate clients.
The platform leverages machine‑learning models that analyze payment patterns, invoice terms, and remittance information to identify matches with near‑real‑time accuracy. It also flags exceptions and generates audit trails, reducing manual work and the 45 % of CFOs who report invoice errors as a source of payment disruption. Integration is designed to plug into existing ERP and treasury systems, allowing clients to adopt the tool without overhauling their infrastructure.
Industry research shows that 70 % of corporate treasurers struggle with receivables collection delays, and the average cost of remittance processing is 6.3 % of the amount paid. By automating reconciliation, Truist’s platform addresses these pain points and positions the bank to capture a share of the growing AI‑powered cash‑management market, which is projected to reach several hundred billion dollars over the next decade.
Truist’s head of enterprise payments, Chris Ward, said the platform “reflects Truist’s purpose‑driven commitment to solving real client challenges. AI and automation bring simplicity, speed, safety and smarter experiences—reinforcing why clients choose Truist as we transform how money moves.” The launch is part of the bank’s broader digital‑transformation agenda and is expected to generate new fee income while deepening relationships with its commercial and corporate client base.
The platform’s introduction follows Truist’s Q4 2025 earnings, which saw revenue of $5.30 billion and an EPS beat of $0.24. The company’s focus on technology‑enabled services signals confidence in sustaining growth through fee‑based revenue streams, even as traditional interest income remains subject to market volatility.
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