News

International
Indian EdTech Giant Byju’s Under Pressure for Failing to Publish Accounts
September 11, 2022

Indian EdTech company Byju’s is facing intense scrutiny from the government, as well as investors and creditors, over failures to publish its accounts while funding dries up for education businesses. The company had been doing well because of the stay-at-home COVID-19 restrictions, the Financial Times...

eCommerce
Yankee Great Derek Jeter Launching Online Trading-Card Marketplace
September 11, 2022

New York Yankees Hall of Famer Derek Jeter will roll out a digital trading-card platform amid a boom in sports collectibles, a Bloomberg report said Sunday (Sept. 11). Called Arena Club, it will give users online showrooms for their card collections, letting them engage in...

Financial Inclusion
Prepaid Cards Streamline Expense Management, Solve Major Pain Points for MENA SMBs
September 11, 2022

Some of the most underbanked populations in the world can be found in the Middle East and North Africa (MENA), where countries like Egypt have bank account ownership rates as low as 22%. While increasing bank account access is certainly an important aspect of any...

Regulation
SEC to Form Office for Filings Involving Crypto Assets
September 11, 2022

The U.S. Securities and Exchange Commission (SEC) will add offices to its Division of Corporate Finance’s Disclosure Review Program (DRP), including an Office of Crypto Assets, a press release said Friday (Sept. 9). The Office of Crypto Assets will do the work currently done across...

eCommerce
As Busy Season Approaches, Merchants Rev up the Checkout Checklist
September 09, 2022

They say you never get a second chance to make a first impression. It’s a statement that is especially true for retailers and merchants, we’d add, who also often face the inverse reality since they also never get a second chance to make a last...

B2B Payments
Nestle’s New B2B Model Helps Companies Cater to Returning Workers
September 09, 2022

With hybrid work options now an expectation for many employees, businesses are looking for better ways to incentivize on-site work — or soften the blow when going back to the office is mandatory. Appealing food options can go a long way. Nestlé-owned meal solution Freshly,...

Delivery
DoorDash, Raley, Bashas Team for Same-Day Delivery in N. Calif., Nevada
September 09, 2022

Northern California and Nevada can now get same-day delivery for groceries from a DoorDash collaboration with The Raley’s Companies, which includes stores within the Raley’s and Bashas’ divisions. On-demand grocery delivery is being offered from 213 locations across multiple cities, according to a press release...

B2B Payments
Today in B2B Payments: 3 New Partnerships Bring Deals, Products
September 09, 2022

Today in B2B payments, the California Society of Certified Public Accountants (CalCPA) and Anchor collaborate to offer discounts on autonomous billing, Sage and Square team up to integrate their accounting and point-of-sale (POS) software, and Pledg and Allianz Trade partner to develop a buy now,...

Cross-border Payments
Wise Platform Brings SWIFT Transfers to Neobanks
September 09, 2022

Wise Platform, the enterprise-facing branch of cross-border payments firm Wise, announced Friday (Sept. 9) the launch of its new SWIFT International Receive service, which will allow Wise client institutions to facilitate cross-border payments, even if their bank is not connected to SWIFT. The new service...