Frank founder Charlie Javice’s attorneys said she can’t hide assets because they’ve been seized. The attorneys said this in a Friday (April 21) court filing in response to JPMorgan Chase’s (JPMC’s) request that they be allowed to question Javice under oath about transfers of millions...
Maast has introduced embedded finance solutions for software providers and independent software vendors (ISVs). The new solutions, which are slated for general availability this summer, will enable firms to incorporate payment acceptance, banking solutions and other features into their platform, under their brand, Maast said...
As aggregators look to maintain customer frequency amid inflation, affordability is key. In fact, many consumers are engaging with restaurant delivery services more specifically because these options have become more attainable within their budgets, according to research from PYMNTS’ new exclusive report “Connected Dining: Third-Party...
Token has raised $30 million in new financing to boost its wearable authentication offering. The funding, announced Monday (April 24), comes in the form of a $20 million secured note, and a $10 million convertible note from Grand Oaks Capital. According to a news release,...
Banks may feel pressure to match Apple’s offering of higher savings rates with a Goldman Sachs savings account than most institutions as the tech giant makes inroads into banking. Americans have been hesitant to break up with traditional financial institutions (FIs) for years. Reasons have ranged from...
As restaurants balance loyalty and profit concerns, some offer paid subscriptions and others free rewards. Fast-casual brand Sweetgreen, for its part, is looking to have its salad and eat it too, as it were, with its Sweetpass relaunch, announced Monday (April 24). The program, whose...
Payments technology firm Priority Technology is set to debut a new point-of-sale (POS) system. The company announced in a news release Monday (April 24) that it will unveil its MX POS at this year’s Transact conference, taking place April 24-26 in Atlanta. “Business owners today...
The United Kingdom’s financial watchdog wants to stop money laundering through the Post Office, a retail company that provides products and services, including postage stamps and banking. The Financial Conduct Authority (FCA) is working with other organizations to improve controls to make sure customers can...
The pivot toward electronic invoicing — and away from paper — will get a significant tailwind this year in the United States. The Federal Reserve and the Business Payments Coalition (BPC) have been moving through a pilot exchange framework, first announced in 2021, that will connect businesses...
