Federal Reserve Chair Jerome Powell thinks the crypto industry could cause broader financial turmoil in the future than it has so far, so there’s a need for better regulation, Bloomberg wrote. Global increases in interest rates have exposed structural flaws with DeFi, Powell said, speaking...
Two years in, and data privacy’s seismic shift — with California at its epicenter — may upend the way retailers close the deal. As noted Monday, there’s at least some backing and filling as companies draw more of a bead on what they’ll need to...
GreenDropShip, a B2B eCommerce company supplying natural groceries, personal care items and home goods, has integrated Stripe Connect ahead of its launch later this year to securely accept payments, a press release said. GreenDropShip is a dropshipping supplier, providing resellers access to over 20,000 “natural,...
Payment frictions between buyers aren’t just inconvenient — they’re costly. Forty-one percent of buyers have had late fees on vendor payments in the last year, according to “The Financial Performance Quandary: Leveraging Automation to Better Manage Non-Payroll Spending,” a PYMNTS and Airbase collaboration based on...
Social investment platform eToro has partnered with OpenPayd, a banking-as-a-service (BaaS) infrastructure provider, to help power eToro Money accounts across Europe, offering an almost-instant payments experience, a press release said Monday (Sept. 26). eToro Money connects with an existing eToro account, letting users manage funds...
Influencer and creator commerce has heated up considerably since Apple and Google clamped down on the use of tracking cookies, making direct-to-consumer (D2C) connections aided by influencers critically important to sales efforts for many brands. After a flurry of recent social commerce moves from Walmart...
Today in B2B payments, Bank of America’s CashPro App adds a way to sign in without manually entering password credentials. Plus, German venture capital firm Point Nine raises about $173 million to support B2B marketplaces and software-as-a-service (SaaS) startups. Bank of America’s CashPro App Adds...
Digital payment provider Strike, which is built on the Bitcoin Lightning Network, has raised $80 million in a Series B funding round, which it will use to grow, expand existing partnerships and launch new partnerships. Strike provides both businesses and consumers with the ability to...
Miami-headquartered FinTech ACI Worldwide, which develops real-time payments software, announced that Swedish payments firm Westpay AB will integrate ACI Secure eCommerce into its payment solution for merchants. Westpay AB counts leading retailers in the Nordics, including Axfood, KICKS and Elon, among its customers. Integrating ACI...
