Новости за 10.02.2021

With 45 states now allowing merchants to pass along fees of up to 4 percent for the use of credit cards, the switch to so-called “surcharging” has officially taken on movement status. According to Payroc’s VP of Operations Evan O’Brien, once increasingly informed merchants and consumers have the conversation about these charges, they never look […]

In two short weeks, the David and Goliath story that is GameStop, Robinhood and Reddit went from relative obscurity to front page global news, even transcending the confines of the dollars and cents of the business section. Despite the fact that several of the key players leading this share price stampede owned multi-million-dollar stakes, the […]

Businesses rely on a variety of insurance plans, ranging from workers compensation that pays for medical care should employees get injured on the job to auto insurance protecting company vehicles. Firms that have dutifully paid their premiums each month expect their insurance coverage to be immediately available to them when crises strike, but insurers’ methods […]

Ask Vindicia CEO Sharath Dorbala if he thinks the fast-growing and highly competitive market for digital content has become saturated, and he’ll tell you that it hasn’t. In fact, at a time when the disruptive over-the-top (OTT) media startups of yore (think Netflix or Spotify) have become the dominant players in streamed subscription content, he […]

It’s hard to find an executive in the financial service and commerce business who isn’t convinced that the digital-first economy is here to stay. But what isn’t so clear as the new year rolls out is that the digital-first economy has become the main competitive platform in the industry. Ondot Systems Director of Product Solutions […]

The Federal Reserve’s Main Street Lending Program, intended to give support to small- to medium-sized businesses (SMBs) during the pandemic, has only disbursed $17.5 billion, around 3 percent of its total $600 billion, Bloomberg reported, citing data released by the central bank. The program seemed to run into myriad issues from the beginning, with a sluggish […]

Payments and technology firm Fiserv plays in a lot of different areas, from acceptance to FinTechs to digital banking. As it announced its Q4 and full-year earnings on Tuesday (Feb. 9), it became evident that those digital-first capabilities were the star of the show in 2020 and will be in the new year. Specifically, the […]

Innovative Payment Solutions Inc. (IPSI), a Southern California FinTech focused on digital payments, has done a beta launch of IPSI Payroll, its cloud-based platform that will help companies streamline ACH payroll processing systems, according to a press release. The solution will give companies a new digital wallet option and a way to give employees an […]

Colin Kaepernick is leading a new special purpose acquisition company (SPAC) focused on social justice, The Wall Street Journal (WSJ) reported. Kaepernick will be the new co-chair of Mission Advancement, which WSJ reported will “emphasize the racial and diversity issues Mr. Kaepernick has championed on and off the field” by investing in the environmental, social […]

The biggest U.S. banks have dialed back the portion of their balances they’re willing to use on loans to new lows, Bloomberg reported, citing data from the Federal Reserve. This is furthering a trend during the pandemic that has seen less and less faith extended toward borrowers, the report stated. The total loans at the […]

Former British Parliament member Nick Boles called on central banks to ban bitcoin, in a tweet Tuesday (Feb. 9). “Central banks should ban the trading of it, and force anyone who holds Bitcoin and wants to use it in any transaction, to exchange it for another currency that does not have such a damaging side […]

London FinTech Monzo is looking to top up its Series G funding round by £50 million ($69 million) on a lower valuation, UK Tech News reported on Tuesday (Feb. 8). The Series G round has so far been led by existing shareholders and a new venture capital firm, Octahedron Capital. The £60 million raised in […]

Japanese Finance Minister Taro Aso has expressed an interest in discussing central bank digital currencies (CBDC) at a virtual Group of Seven (G7) meeting set for Friday (Feb. 12), a report from the Mainichi says. Aso told a press conference ahead of upcoming talks by G7 finance ministers and central bank officials that he thought […]

Cash management automation firm Trovata has rolled out Enterprise Treasury Cloud, a managed data lake with a formidable developer portal for bank balances and transactions, according to a Tuesday (Feb. 9) announcement. The offering is intended for the business systems or information technology (IT) workforces of large companies to fuel digital transformation and digitize backend […]

The multilingual neobank startup Fair raised $20 million in less than 40 days and is preparing to launch to the general public in April, with early bird memberships available in March, the company said in a press release on Tuesday (Feb. 9). The backers were not disclosed. The membership-based FinTech, which is headquartered in Houston, […]

To help large companies become more efficient as they digitally transform their expense management workflows, intelligent automation software provider Kofax has integrated with Coupa Software, according to a Tuesday (Feb. 9) announcement. Coupa Senior Vice President of Business Development and Alliances Roger Goulart said in the announcement that accounting and finance workforces encounter an increasing load of […]