DWF Labs has reportedly invested $40 million in Fetch.ai. Fetch.ai will use the new funding from the global digital asset market maker and Web3 investment firm to further its aim of providing an autonomous machine-to-machine ecosystem to help developers deploy and monetize their applications, CoinDesk...
Cryptocurrency firm Beaxy has suspended operations amid criminal charges by U.S. regulators. The Securities and Exchange Commission (SEC) accused Beaxy and several of its executives Wednesday (March 29) of operating as an unregistered broker, exchange and clearing agency. It’s part of an ongoing crackdown by...
African neobank Payday is looking to new markets after raising $3 million. The funding, announced Wednesday (March 29), will help the company secure operational licensing in the U.K. and Canada — the company has offices in Rwanda and Vancouver – while also expanding its operations...
Swedish open banking platform Open Payments plans to scale after raising $3.2 million. The growth round, as reported Wednesday (March 29) by EU Startups, will allow the Stockholm-based company to extend its offering to business-to-business (B2B) companies as it expands to new markets and picks...
This second-to-last installment of PYMNTS’ generational mini-series takes a closer look at the digital habits and behavior of bridge millennials. The cusp generation known as bridge millennials contains both older millennials and the youngest members of Generation X. These consumers are generally considered to have...
Kyriba and U.S. Bank have partnered to offer new payment methods, including instant and Zelle payments to their joint clients. With the implementation of application programming interface (API)-powered payment connectors from Kyriba, a provider of cloud-based payment solutions, businesses can send instant payments to vendors, customers and...
Few debates rage as fiercely today as how to protect bank customers — and how much protection they need. A trio of regulators appeared before the Senate Banking Committee on Tuesday (March 28) to discuss what went wrong at Silicon Valley Bank and Signature Bank,...
The Amazon and Walmart of pet product retailers — Chewy and Petco — know that pets are more than just animals to many people — they are companions and family members. Pet parents are more often than not willing to go to great lengths to...
Macy’s Chairman and CEO Jeff Gennette will retire in February 2024. He will be succeeded by Tony Spring, who was Macy’s executive vice president and Bloomingdale’s chairman and CEO and has now been appointed Macy’s president and CEO-elect and a member of the board of...
