Saying it aims to help firms make their cash work harder, financial network Jiko has announced the public launch of a solution that enables companies of all sizes to store money in spendable T-bills. With the Jiko Money Storage solution, companies’ cash is stored at...
The final text of the Markets in Crypto Assets (MiCA) law creating a broad legal framework for digital assets including cryptocurrencies and stablecoins has been passed by the European Commission, and goes to the European Parliament next week. The document, released Wednesday (Oct. 5), features...
A lobbying organization with apparent ties to former Uber CEO Travis Kalanick’s dark kitchen startup is preparing to go to war against food delivery apps. The Digital Restaurant Association (DRA) was formed in March by executives at Tusk Holdings, a lobbying firm hired by Kalanick’s...
In retail, speed is a strategic advantage. So is having the right inventory on hand at the right time. Much, of course, depends on having the right goods physically present, lining the shelves within the warehouses and ready to line the (virtual and brick and...
Apps dabbling in everything from retail to romance are charging for more features as way to generate new revenue streams from legions of “freemium” or unpaid users. While the freemium model has long been used to entice users to try a service and then, over...
Amazon will hire 150,000 workers for full-time, part-time and seasonal positions in its operations network as the holiday season approaches. The positions are open to applicants “from all backgrounds and experience levels,” offering average wages of more than $19 per hour depending on position and...
The rise of mobility platforms such as the ride-hailing app Uber has transformed the way people move around cities. To date, the model has been compared to a digital taxi booking service, only it embraces the gig economy. But in recent times, the basic model...
B2B payments platform Balance and enterprise marketplace Software-as-a-Service (SaaS) platform Mirakl have partnered to make it easier to conduct business on online marketplaces. With the partnership, Mirakl will use Balance solutions to enable seamless payments for B2B customers using its platform, according to a press...
In payments, change is slow, and then it happens quickly. That’s especially true in business-to-business (B2B) payments, where “the check is in the mail” gives way to the invoices sent by email, which then gives way to the embedded payment options that link accounts payable...