Payments infrastructure provider Transaction Network Services (TNS) has launched payment and network solution Complete Commerce. As the company noted in a Tuesday (April 16) news release, enterprises need to deliver user-friendly, reliable and secure payments experiences while also juggling evolving consumer behavior, regulatory demands and technology...
Cash-back rewards platform Ibotta has upped the size of its planned public listing. Last week, the Walmart-backed company said it aimed to raise $472 million through an initial public offering (IPO). On Tuesday (April 16), the company raised that figure to around $551 million in new paperwork filed with the...
Money transfer firm Wise saw its number of active customers grow 29% year over year during the fourth quarter of fiscal year 2024. That growth brought its total number of active customers to 7.9 million, Wise said in a trading update released Tuesday (April 16). Among those customers...
Saxo Bank is reportedly pursuing a possible sale following an ill-fated attempt to go public. The Danish bank, which offers digital investment and trading services, recently invited investment bankers to audition for advisory roles in a possible sale, sources told Reuters in a report published Tuesday (April...
When looking for deals online, grocery shoppers want the reassurance of buying from familiar, trusted companies, but they may be willing to sacrifice their loyalty to any given brand in order to get the best bargain. In an interview with PYMNTS, Louise Fritjofsson, co-founder of...
Microsoft has invested $1.5 billion in Abu Dhabi-based artificial intelligence (AI) firm G42. The investment is the latest in a series of collaborations for the company and marks the latest example of the United Arab Emirates’ (UAE) growing importance in the AI space. “Building on the two...
Business data API provider Codat and JPMorgan Chase have teamed to promote virtual card adoption. It’s the thinking behind the launch of Codat’s Supplier Enablement data product. Announced Tuesday (April 16), it lets businesses more easily share their spending and supplier data from enterprise resource planning (ERP) systems and...
Financial infrastructure platform Stripe has launched a payments partnership with retail group URBN. The collaboration, announced Tuesday (April 16) will see is designed to offer a more consistent checkout experience for customers making online and in-person payments at retailers including Urban Outfitters, Anthropologie, Free People and FP Movement. “Payments are a critical...
Paying and getting paid are crucial to businesses’ livelihood, no matter their size. There isn’t a once-size-fits-all approach to invoicing and reconciliations, and the market remains fragmented — caught between traditional workflows and innovative solutions. “Paper invoicing certainly remains a major method,” Kevin Baker, head of...
