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Citi is deploying robots to help the world's biggest companies collect cash from customers -- boosting a key $8.5 billion business for the bank (C) Jae C. Hong/AP Citi is partnering with fintech company HighRadius to automate a key money-collection process for businesses. The companies have launched Citi Smart Match, which applies artificial intelligence and machine learning to the process ofmatching open invoices to received payments — painstaking and costly task known as "cash application." The new feature enhances Citi's crucial and highly lucrative Treasury and Trade Solutions (TTS) business, which provides daily financing and cash ma...
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