Catering to companies’ growing need for on-demand virtual cards, embedded finance platform Bond Financial Technologies has launched a white-label, no-code commercial charge card solution for B2B SaaS platform providers. With this new product, which is dubbed “Bond White Label,” platforms can launch their own branded...
The “Real-Time Payments Tracker,” a collaboration between PYMNTS and The Clearing House, found that B2B buyers and sellers have a lot to gain from an instant payments rail — and a lot to lose if the United States doesn’t catch up to the rest of...
Construction industry-focused financial automation platform Briq has expanded its capabilities by acquiring India-based FinTech Swipez. Swipez automates billing and accounts receivable (AR), and its tools will be added to Briq’s existing ability to automate planning, payment and other financial workflows for construction companies, according to...
From merchants to tech providers, the online grocery space is beginning to take shape, with mergers and acquisitions (M&A) winnowing some of the smaller players and reshaping the competitive landscape. Most recently, sustainability-focused online grocer Misfits Market announced Wednesday (Sept. 7) its acquisition of another...
Financial services company Standard Chartered has completed what it called an industry-first test of the trade financing validation service from MonetaGo over the SWIFT payments system. Standard Chartered carried out this pilot to “mitigate the risks of duplicate trade finance fraud on a global scale,”...
With Depression-era roots dating back nearly 100 years, followed by decades of dormancy due to the rise of credit cards, and then, most recently, being eclipsed by the emergence of BNPL, the lowly layaway plan has largely been left behind in the world of consumer...
The company best known for its retail stores called DSW Designer Shoe Warehouse has reportedly been growing its margins by also producing goods and selling them through other retailers as well as its own brick-and-mortar and online stores. Beginning four years ago, in response to...
New technologies designed to enhance the retail shopping experience have been delivering successful results at American Eagle Outfitters (AEO), which otherwise had flat revenue results during the second quarter, executives said Wednesday (Sept. 7) during the company’s quarterly earnings call. During the second quarter, AEO...
Full stack payments firm Checkout.com is launching a new customized flexible solution to accommodate marketplaces and sellers in a digital economy that is always developing and advancing. The launch of Checkout.com’s latest tool, Integrated Platforms, is intended to assist the increasing number of people selling online by...
