Federal regulators are set to issue a proposal that would — among other things — require large hedge funds to reveal their cryptocurrency exposure. The U.S. Securities and Exchange Commission (SEC) voted Wednesday (Aug. 10) to propose amendments to Form PF, a confidential reporting form....
Rep. Maxine Waters (D-Calif.) has said credit reporting firm Equifax and its leaders should be held accountable for selling erroneous credit scores to lenders, and should be prevented from selling reports until it proves problems were fixed and controls are in place. “I urge you...
Freight software provider Expedock has raised $13.5 million in Series A funding that it will use to expand its team and help supply chain businesses better understand and operationalize their data. The freight forwarding industry has long been behind others in the use of technology,...
Indonesian digital wallet company Dana is looking to expand after raising $250 million from local firm Sinar Mas and Alibaba’s Lazada Group. Dana CEO Vince Iswara said the company wants to invest in new technology and debut new financial services, Bloomberg reported Wednesday (Aug. 10)....
It’s never too early for the holiday shopping music to start with a possible recession in the air, so Kohl’s is joining the fray of in-store pickup innovation with a new service of its own as mammoth competitors Amazon and Walmart slug it out over...
In the face of growing economic headwinds, footwear and apparel maker Wolverine Worldwide said its continued focus on meeting strong consumer demand for outdoor and athletic shoes drove record second quarter revenue, driven my double-digit gains in Merrell and Saucony, its top two brands. Even...
The Visa Direct Preferred Partner Program is now available to FinTechs, acquirers, treasury banks and payment processors worldwide as a way to help providers have access to the right tools to develop successful global money movement solutions. Offering technical training, sales, and go-to-market resources, the...
Continuing its efforts to remake the in-store shopping experience, Amazon is reportedly making a big addition to the number of locations using its Amazon One technology that lets customers pay by scanning their palms. The company is said to be deploying Amazon One at another...
Billtrust, a B2B accounts receivable automation and integrated payments company, reported Q2 results attesting to the momentum of the accelerating trend toward automation and digitization in the B2B payments space. “With a combination of 35.4% year-over-year software and payments segment revenue growth and our strongest...
