A former investment banker has been arrested and charged with wire fraud in connection with an alleged cryptocurrency fraud. Rashawn Russell, who was a Financial Industry Regulatory Authority-registered broker, has been charged with one count of wire fraud related to his alleged role in the...
Severe investor belt-tightening caused global funding to nosedive 53% year over year. That’s according to a Crunchbase report, which also found that 2023 is off to a rough start for Europe’s startup ecosystem, with firms only raising $10.6 billion in funding in the first quarter...
AlphaSense has raised another $100 million for its market intelligence and B2B search platform. The latest fundraise joins the firm’s $225 million Series D financing round, brings its valuation to $1.8 billion and includes new investment by Alphabet’s independent growth fund, CapitalG, AlphaSense said in a Tuesday (April...
Toshiba Global Commerce Solutions says it’s extending the reach of its point-of-sale (POS) network. The company on Tuesday (April 11) announced it is teaming with POS firm BlueStar to help make the expansion happen. “The strategic partnership with BlueStar provides unique benefits to both organizations,”...
Societe Generale has teamed with payments firm Lemonway to help European companies launch B2B marketplaces. “Large corporates are accelerating their digital transformation, which has become vital for their clients and ensuring B2B revenue growth,” the European banking giant said in a news release Tuesday (April 11). “In this context, launching...
It’s a new go-to-market landscape with a new set of rules for B2B players. Modern B2B marketplace platforms are helping reshape how organizations of all sizes operate and scale, while digital capabilities are rapidly transforming the ways in which buyers and sellers interact across every...
KeyBank has adopted solutions from Qolo to offer its business clients embedded banking solutions. With this deployment, KeyBank can enable its customers to instantly create virtual accounts and connect to underlying payment modalities like real-time payments (RTP), automated clearing house (ACH) and wire transfer, the companies said in...
Tracking items instead of people is gaining steam with some retailers, but the strategy may not work for most products. As reported by The Wall Street Journal (WSJ) March 28, some clothing and accessories merchants are rethinking their in-store inventory systems. Navigating both security and...
Whether paying with a traditional credit card, stored payment credentials or cold hard cash, consumers love points and rewards. Points and rewards programs connected to payment options offered by banks and other financial institutions (FIs) seem to be offerings as old as the payment options...
