Новости за 26.09.2024

Wells Fargo reportedly submitted a third-party review of its risk and control overhauls to the Federal Reserve, seeking to end the Fed’s cap on its assets. The cap, which limits the bank to its size at the end of 2017, was imposed by the Fed as punishment for consumer abuses and compliance lapses at Wells […]

Hospitality cloud platform Mews has raised $100 million in financing from Vista Credit Partners. The new funding comes at a time when cloud adoption is accelerating throughout the $15.5 trillion global travel and tourism sector, Mews said in a news release on Thursday (Sept. 26). The company said the financing will boost Mews’ growth and […]

Global mergers and acquisitions (M&A) activity is reportedly expected to slow in the fourth quarter due to uncertainty around the U.S. elections before picking up again in 2025. Companies are putting off large deals until after the elections, when a new administration will be selected and they will have a better idea of its likely […]

American Eagle Outfitters has reportedly filed a trademark infringement suit against Amazon. The suit alleges that Amazon used branding from the clothing retailer’s Aerie line of apparel in search results, directing shoppers to “inferior quality knock-offs,” CNBC reported Wednesday (Sept. 25). The suit accuses the eCommerce giant of “flagrant, unauthorized use” of the Aerie and […]

When technology advances, everything changes. And that couldn’t be truer across the B2B landscape — particularly when it comes to marketing. In today’s business-to-business landscape, it’s no longer about who you know — it’s how well you can target, track, and convert using data-driven insights. Just like across B2B payments, the “consumerization” of B2B marketing […]

Embedded lending is growing in popularity around the world. It promises convenient, streamlined access to financing for specific expenses from within merchant, business and other platforms. This is true for individuals and microbusinesses and small businesses (MSBs) that want to align their cash flow and expenses. In Germany, 14% of consumers and 10% of MSBs […]

Banks face a digital shift, pressures on deposits and competition for customer loyalty, so they must constantly fine-tune their operations, embracing new revenue streams and avenues of customer engagement. Insurance may seem like a natural fit for banks large and small. Consumers and commercial enterprises have trust in their primary financial institutions. Plus, insurance becomes […]

Manual accounts payable (AP) operations can cost firms more than they might think. And the complexity of enterprise AP programs presents a challenge for businesses, particularly as many companies face growing transaction volumes without a corresponding ability to expand staff. “It’s a serious problem within these AP departments. Completely inefficient manual processes compounded by fragmented […]

Global trade, at its heart, is about receivables. One company owes another for the goods or services it has purchased. While that may sound simple enough, businesses engaged in international trade contend with a range of factors, from geopolitical risks to environmental hazards, that can disrupt supply chains, delay payments and trap valuable working capital. […]

In an era where convenience is king, the healthcare sector remains shackled by outdated payment processes that jeopardize its financial stability. Despite the promise of digital solutions to enhance efficiency and patient experiences, the industry has been slow to adopt these innovations. A PYMNTS Intelligence Report, “Pains and Gains: Conquering Healthcare’s Payment Woes,” in collaboration with […]

For decades, different payment cards existed to serve different purposes: Credit cards have offered the option to pay in full or revolve and pay the minimum balance, and rewards and loyalty programs have varied wildly. Debit cards provide access to funds on hand. We’ve seen innovation now evolve to reinvent the credit experience with installments […]

OpenAI reportedly plans to restructure its core business into a for-profit benefit corporation that won’t be controlled by its nonprofit board. Under this plan, the OpenAI nonprofit will own a minority stake in the for-profit company, Reuters reported Wednesday (Sept. 25), citing unnamed sources. The plan has not been finalized and the timeline for its […]

First Abu Dhabi Bank (FAB) successfully completed a pilot using programmable payments with JPM Coin through Onyx by J.P. Morgan. This programmability enables payments to be triggered at specific times or events, FAB said in a Tuesday (Sept. 24) press release. “This successful pilot opens up the possibility of a dynamic and automated funding and […]

Lightspeed Commerce responded to media reports of a potential sale of the company, saying that it periodically undertakes a strategic review of its business and that it does not intend to disclose more information except as required by its regulatory obligations. “While it is the long-standing policy of Lightspeed not to comment on market rumors, […]

Digitally savvy, younger consumers with mobile devices in hand. Underbanked and even unbanked populations ripe for financial inclusion. A regulatory environment conducive to digital innovation. It comes as no surprise, given the above statements, that Latin America would prove to be a key target for FinTechs seeking to transform financial services. Among just two recent […]

The U.S. government’s proposed ban on connected vehicle technology from China and Russia marks a significant shift in the approach to national security and cybersecurity within the automotive sector. Once finalized, the proposed rule from the Department of Commerce would prohibit the import or sale of connected vehicles and related components that are designed, developed […]

Indian eCommerce giant Flipkart is getting into the reCommerce business. The company on Wednesday (Sept. 25) introduced “Flipkart Reset for Business,” a mobile app designed to help small and big sellers of refurbished products across the country to connect with last-mile customers. “The demand for refurbished products is surging, especially in India’s tier 2 and 3 cities,” the company […]