Even before the pandemic heightened local demand, contactless card use had been growing in the United Kingdom as far back as 2007 when the “OnePulse” card was launched, limiting payments to £10 (about $10). But since October 2021, when the spending limit for contactless cards...
As food and beverage businesses announce their participation in the White House Conference on Hunger, Nutrition, and Health Wednesday (Sept. 28), many are using the opportunity to unveil not only environmental, social, and corporate governance (ESG) initiatives, as one might expect, but also features to...
Today in B2B payments, newly announced partnerships aim to provide solutions for eInvoicing, request-to-pay services, capital advance, B2B eCommerce payments and payment tech for accounts receivable (AR) management. Plus, Billtrust says it’s been sold in a $1.7 billion deal. Partner Hub, Answer Pay Team on...
A pair of lawsuits by the Commodity Futures Trading Commission (CFTC) could upend the decentralized finance (DeFi) industry as we know it, making the projects ungovernable and threatening anyone who participates in the governance voting that manages one with civil and possibly criminal liability. The...
Instacart has come a long way since its inception in 2012, with the company now gearing up for its initial public offering (IPO), which is expected before the end of the year. From the grocery aggregator’s founding a decade ago with support from Y Combinator...
Charging customers with surprise overdraft fees will cost Regions Bank a total of $191 million in customer redress plus a civil monetary penalty paid to the victims relief fund of the Consumer Financial Protection Bureau (CFPB). From August 2018 through July 2021, the CFPB said,...
Chicago-based Byline Bank has signed with Tassat Group to use the blockchain-based platform TassatPay to give the bank’s B2B customers access to real-time payments at any time and with no limits on transaction size or volume. Tassat, which provides private, blockchain-based B2B real-time payments and...
Square’s Early Access Program for Tap to Pay on iPhone is officially over and the payment option is now available to all sellers in the U.S. using an iPhone and Square’s point of sale (POS) app. Early access to Square’s iPhone Tap to Pay option...
Oracle NetSuite has debuted NetSuite AP Automation, a product designed to help companies address time-consumer accounts payable processes. “The only solution that embeds banking services into a cloud enterprise resource planning (ERP) system, NetSuite AP Automation helps organizations improve profitability by making it easier and...
