Новости за 16.05.2024

Threads is testing “pinned columns” on its web application. Mark Zuckerberg, founder, chairman and CEO of Meta, which owns the text-based social media app, announced the test in a Thursday (May 16) post on Threads. This feature is currently available only to members of a test group, Bloomberg reported Thursday. It allows users to pin […]

Online notarization firm Proof has launched a partnership with digital identity verification provider Socure. The collaboration, announced Thursday (May 16), is aimed at preventing fraud in consumer agreements and forms, which the companies call a $200 trillion market opportunity. “Industries are fighting an ever-increasing risk of fraud across their entire customer lifecycle,” the companies said in a news release, citing […]

Digital payments company Aeropay has raised $20 million in new financing. The company, which specializes in pay-by-bank, announced the Series B funding in a Thursday (May 16) press release, saying it would use the financing to develop new products, enhance strategic partnerships and “explore greenfield opportunities.” Aeropay, which got its start in the cannabis and gaming industries, connects bank accounts […]

Reading the Thursday (May 16) Supreme Court ruling upholding the constitutionality of the Consumer Financial Protection Bureau’s funding mechanisms — and ensuring the agency’s survival — takes one through centuries of history. All the way back to England, Parliament and the Crown. All the way back to the inner workings of the U.S. colonies, the First Congress and the Dodd-Frank Act of the […]

Dwolla and Visa have partnered to make it easier for mid- to enterprise-size businesses to use pay-by-bank to pay and get paid. With this collaboration, Visa’s open banking solutions are integrated into Dwolla’s account-to-account (A2A) payment technology, the companies said in a Thursday (May 16) press release. This integration will bring advanced account verification capabilities […]

Yendo, a FinTech offering a credit card tied to users’ car equity, is $165 million richer. The company announced the new funding — $150 in debt financing, $15 million in equity — Thursday (May 16), saying it would use it to fuel the growth of originations on its platform, letting it extend credit to more users at […]

Visa has launched a collaboration with digital payments company SKUx. “The agreement will accelerate digital transformation for select merchants and consumer packaged goods companies that leverage SKUx’s payment-based offer solutions — supporting a variety of client use cases; from customer acquisition, to loyalty, to consumer care and recovery, while ensuring a seamless, end-to-end consumer experience,” the companies said in […]

Members of Congress from both houses and both parties sent a letter Tuesday (May 14) to the heads of eight federal financial regulatory agencies, urging them to implement the Financial Data Transparency Act (FDTA). The letter was signed by House Financial Services Committee Chairman Patrick McHenry, Ranking Member Maxine Waters, Sen. Mike Crapo and Sen. Mark Warner. Implementing the law will make federal financial data more accessible, uniform and useful for the public; facilitate […]

After years of financial challenges (and consequent consumer cutbacks) prompting luxury merchants to focus more on shoppers with plenty of cash to burn, it seems the aspirational customer is beginning to return. Just three months ago, luxury eCommerce platform Mytheresa was telling investors about how it is turning away from aspirational shoppers toward focusing on […]

Mastercard and Salesforce have announced an integration designed to reduce purchase disputes and chargebacks. “Disputes and chargebacks, where a consumer notices a transaction they don’t recognise and requests a chargeback from their bank, represent a significant challenge to the entire payments industry,” the companies said in a news release Thursday (May 16). “The integration will streamline the way issuers, […]

Tassat Group and Glasstower Digital have partnered to facilitate cross-border digital B2B payments. This collaboration aims to provide multinational corporate institutions with secure, immediate, and cost-effective solutions for cross-border payments, the companies said in a Thursday (May 16) press release. By leveraging blockchain technology and money market funds, these companies aim to provide secure, efficient, […]

Digital commerce firm NCR Voyix has launched a partnership with restaurant-focused software provider GRUBBRR. The collaboration, announced Thursday (May 16), has resulted in the Aloha Kiosk, designed to help restaurants cope with challenges such as increased wages and food costs. “Digital technologies like the interactive Aloha Kiosk by NCR Voyix provide a better experience for the customer and less stress […]

The modern credit card’s history stretches back to just after World War II, when the Charg-It card came out of Brooklyn, tied to a single bank. Account holders could use the cards at a few local merchants, and the bank paid the merchants and billed the cardholders. Then came the rise of bank-issued cards through the 1950s […]

Walmart reported better than expected Q1 earnings Thursday (May 16) but that’s not the most important story. The earnings announcement and subsequent analyst call showed a price-driven retailer making adjustments to its core business model in the interest of driving long-term revenue growth in the connected economy. “I probably ignore the external environment more than […]

CVS Pharmacy, the retail division of CVS Health, launched a new store brand for snacks, beverages and groceries. The new Well Market brand features nutrition options, bold flavors, recyclable packaging and selections that meet specific dietary needs, the company said in a Thursday (May 16) press release. Forty products were made available on store shelves and CVS.com Thursday, and more will be rolled […]

In a dynamic operating environment, the path to profitability requires focus and discipline. It also frequently requires cutting costs and finding new efficiencies by using technology. Singaporean super app Grab reported earnings results Wednesday (May 15), announcing a record adjusted core profit and raising its annual forecast. On a call with analysts, the company cited its “relentless” efforts to cut […]

A global financial watchdog is warning against the risks of digitalization in the financial world. The Bank for International Settlements’ Basel Committee on Banking Supervision issued a report Thursday (May 16) that examines implications of the digitalization of finance, weighing both the risks and rewards presented by new technologies. “While digitalization can benefit both banks and their customers, it can […]

The Supreme Court ruled Thursday (May 16) that the Consumer Financial Protection Bureau’s funding mechanism is constitutional. The decision reversed a lower court ruling that threatened the very existence of the agency. Seven justices concurred with the decision, while two dissented. “The statute that authorizes the bureau to draw money from the combined earnings of the Federal Reserve System to carry […]

Frictionless commerce firm AppTech Payments completed the pilot of its Banking-as-a-Service (BaaS) platform. Now, the company will use the BaaS solution for the commercial launch of InstaCash, a real-time pay-by-bank transaction system that AppTech is positioning as a rival to both Venmo and Western Union, according to a Thursday (May 16) press release. “The success of our BaaS pilot program signifies a significant milestone as we […]

The British government is loosening its rules for brick-and-mortar betting businesses as online gambling grows. The U.K.’s Department for Culture, Media and Sport issued a report Thursday (May 16) that would allow for cashless payments on gaming machines in places like casinos, arcades and bingo halls, while introducing an age limit of 18 for these machines. The rules would allow establishments to […]

Fashion resale marketplace Poshmark is bringing artificial intelligence (AI) to its community of 130 million people via its Promoted Closet feature, which exited beta status Thursday (May 16). The tool leverages machine learning to align shoppers’ search terms with promoted listings, enhancing the visibility and sales potential for sellers. The Promoted Closet initiative aims to […]

Three years after its launch in the United States, Walmart Luminate, the retailer’s insights solution, is being rolled out worldwide. Walmart’s data analytics product suite will be expanded to Walmex in Mexico before being offered by Walmart Canada later this year, according to a Thursday (May 16) press release. “Since we launched Walmart Luminate, we’ve successfully aided in […]

Merchant aggregators, marketplaces, platforms — there are many names for these organizations, but there is no doubt that they have risen to the fore in eCommerce. Whether food delivery aggregators, booking software for salons, or marketplace giants such as Amazon or eBay, platforms are increasingly attractive to merchants as channels for gaining maximum exposure to […]

Pay later plans have gained value since they offer consumers flexibility and better spend management. PYMNTS Intelligence reveals consumers’ preferences for these plans, particularly around buy now, pay later (BNPL) options. For example, Generation Z has kept a steady use rate for pay later plans in the past six months. This counterbalances a slight dip […]

In an increasingly digital world, the ability to accept and process payments anytime, anywhere has become a critical component of business success. And white-labeling payment solutions has emerged as a powerful tool for sales organizations and merchants to streamline their operations and boost their bottom lines. It’s a trend that hasn’t gone unnoticed by Ben […]