Nigerian FinTech Vella Finance has launched a new user interface and new products as part of a platform that helps streamline cross-border payments for owners of small- to medium-sized businesses (SMBs) in Africa. Vella 2.0 bridges TradFi with DeFi and cryptocurrency rails to provide these...
Today in B2B payments, HSBC announces a new platform for trade finance, while Paystand upgrades its Sage Intacct integration to boost cash velocity. Plus, ECI Software Solutions completes its acquisition of ES Tech Group, and Tiger Global looks to raise $6 billion to invest in...
FedEx Ground reportedly expects to see lower package volume in the United States and Canada during the time leading up to the holidays. The division, which handles most of FedEx Corp.’s eCommerce deliveries, told its delivery and trucking contractors that it will be lowering its...
HSBC has launched HSBC Trade Solutions (HTS) for customers in its two largest markets, the U.K. and Hong Kong, to simplify and speed trade. Developed in partnership with the IT consultancy CGI, the new platform allows clients to manage all their trade finance products online,...
The world’s biggest carmaker on Friday (Oct. 7) apologized for a breach apparently caused by a third-party vendor that is thought to have leaked close to 300,000 email addresses and associated customer management numbers. Toyota Motor announced on its website that email addresses and associated...
In financial services, you can’t fight the bad guys until you know what weapons they’re bringing to the battle. And how they’re mounting their attacks. Easier said than done, where financial institutions (FIs) are grappling with the waves of bots, account compromises and synthetic IDs....
What a difference a year makes. Twelve months ago, the retail story was all about lack of inventory and supply chain disruptions that were going to leave holiday shoppers empty-handed if they didn’t act quickly. Compared to product availability, price was more of an afterthought...
Ask big retailers about big pain points as the fourth quarter’s busy season begins and you’re apt to find they’re not only dissatisfied with their existing tech but are also leery of their ability to create the hybrid eCommerce/in-store shopping experiences that consumers want now....
As Adidas looks for a new chief executive, experts and analysts are advising the German footwear company to get creative. “The company needs to get back to the creative edge,” said Cowen analyst John Kernan Friday (Oct. 7) in a Bloomberg News report on the...
