Новости за 08.10.2024

Dynasty Financial Partners has closed a minority capital raise, saying it will use the proceeds from this investment round to enhance its technology-enabled wealth management solutions and business services. The round was supported by new investors BlackRock and J.P. Morgan Asset Management, existing investor The Charles Schwab Corp., and several long-standing investors and members of […]

There’s a reason why the well-worn phrase “Like money in the bank” is shorthand for security and peace of mind. For B2B suppliers especially, money in the bank — in its most literal sense — is among the most critical components of security. Cash in the coffers is what helps make sure that operations can […]

Ansa and Plaid are teaming up to lower payment costs for merchants and restaurants. The partnership between the digital wallet provider and the data network is designed to provide these businesses — particularly coffeeshops and quick-service eateries — with digital wallets to power “high-converting pay by bank capabilities for merchants,” the companies said in a […]

Plaid has introduced a new product designed to help businesses allow their customers to pay bills directly from a bank account. The new Plaid Pay by Bank for Bill Pay is designed to provide consumers with a more seamless, cost-effective and secure way to pay bills, and to help businesses benefit from lower processing costs […]

America’s biggest banks are reportedly ready to announce the lowest lending income in two years. J.P. Morgan Chase, Bank of America, Citigroup and Wells Fargo will release their earnings in the weeks ahead, and are expected to list a combined net interest income of a little less than $62 billion, the Financial Times (FT) reported […]

Late payments are a growing problem for businesses. Many companies are struggling to manage their cash flow as delays in receiving payments increase. These financial strains can lead to significant operational challenges, particularly for small to mid-sized businesses (SMBs). The majority of suppliers now report receiving late payments, with many invoices taking months to settle. […]

By now we know the usual suspects for payments and back-office automation. There’s the paper check, and all its costs and fraud potential. There’s the paper invoice. And there’s the repetitive, manual work, not to mention the Excel spreadsheets. But there’s life beyond the usual suspects. As Aaron Le Hew, director of invoice-to-cash at Esker, […]

In an era of evolving consumer preferences, merchants face mounting pressure to streamline payment processes. As payment methods diversify and the costs of transaction processing rise, open payments platforms have emerged as vital tools for merchants and aggregators. A PYMNTS Intelligence report, “Open for Business: Unlocking the Power of Open Payments,” a collaboration with Spreedly, […]

It wasn’t too many years ago that a monthlong event to discuss issues, trends and opportunities in B2B payments would have been hard to imagine. It was a sector dominated by paper checks and invoices and legacy back-office systems. And at its simplest it was about “paying and getting paid.” To say that the B2B […]

Consumers’ total outstanding credit grew at a seasonally adjusted annual rate of 2.1% in August, after rising at a rate of 6.3% in July and 0.8% in June. Total consumer credit outstanding stood at $5.098 trillion at the end of August, the Federal Reserve said Monday (Oct. 7) in its monthly report on consumer credit […]

The European Investment Bank (EIB) said Monday (Oct. 7) that European Union (EU) finance ministers have welcomed its Action Plan to deepen the region’s capital markets and provide more support to startups. In discussions at the Eurogroup in Luxembourg, finance ministers supported proposals to finance the scale-up of European unicorns, the EIB said in a Monday press release. […]

The National Security Agency (NSA), other government agencies and some companies have reportedly begun investigating the possibility that Chinese hackers have targeted American telecommunications companies. The investigation is in its early stages and it’s too early to say which firms may have been the focus on the hacking, NSA Director General Timothy Haugh told reporters at the Cipher […]

As Amazon kicks off its Prime Big Deal Days on Tuesday (Oct. 8), the 48-hour event will serve as an early referendum on holiday spending patterns. “Prime Big Deal Days has become an unofficial start to the holidays, especially because it has nudged many other retailers into offering their own deals and bargains,” Neil Saunders, […]

Priceline’s recent integration of artificial intelligence (AI)-powered voice technology into its booking system signals how the technology is changing the way travelers plan and purchase trips. The travel company updated its Penny chatbot with AI-powered voice technology, using OpenAI’s GPT-4 API for real-time conversations. This development comes as the travel industry, worth $766 billion globally, […]

A federal judge ruled Monday (Oct. 7) that Google must make several changes to policies that discourage competition with its Google Play Store. For a three-year period beginning Nov. 1, the ruling will bar the company from paying developers to exclusively use its app store, bar it from prohibiting developers to tell customers how to […]

Cartier owner Richemont is selling its luxury eCommerce platform Yoox Net-a-Porter to online retailer Mytheresa. The $608 million deal, announced Monday (Oct. 7), ends a monthslong search by Richemont for a new owner for Yoox Net-a-Porter (YNAP). “Mytheresa and YNAP have each earned a strong reputation in the luxury industry for their pioneering roles in […]