News

B2B Payments
Today in B2B Payments: Ranpak Rolls Out Packaging Solution; Faster Payments Could Speed Freight at...
July 21, 2022

Today in B2B payments, CFOs are increasingly focused on recruiting and retaining talent. Plus, Pivotree and Spryker team up on Commerce-as-a-Service offering and TreviPay launches networks for small, medium and large businesses. Why CFOs Demand Transparency for Themselves, Customers, Vendors Companies that have gotten ahead...

Fintech Investments
Brazilian FinTech Neon Raises $80M to Expand Product Access
July 21, 2022

Brazilian digital banking FinTech firm Neon on Thursday (July 21) announced that it has raised $80 million in its first Credit Rights Investment Fund (FIDC) focused on credit cards, increasing the total fund to $170 million, a number that is expected to double, according to...

Security & Fraud
DOJ Recovers $500K in Healthcare Ransom Demanded by North Korean Hackers 
July 21, 2022

Roughly a half-million dollars was seized on behalf of healthcare providers that reportedly paid ransom to North Korean hackers, the U.S Department of Justice said.  Maui ransomware has been in use since May 2021, sometimes by North Korean government-backed hackers allegedly to target the U.S....

B2B Payments
Why CFOs Demand Transparency for Themselves, Customers, Vendors
July 21, 2022

Companies that have gotten ahead of the curve in digitizing payments operations have gained a decisive competitive advantage against rivals that have been slower to innovate.  One of the benefits these forward-looking companies expect is greater transparency for themselves, their customers and their vendors.  In...

Banking
5 Things to Know About Starling’s Banking-as-a-Service Product, Engine
July 21, 2022

Starling Bank is one of the U.K.’s most well-known challenger banks. Since launching the beta of its digital banking app in 2017, it has grown a reputation for bringing innovative solutions to the market and bringing digital-first banking to millions of consumers and businesses. As...

Retail
Kohl’s Broadens Kohl’s Media Network to Boost Advertising
July 21, 2022

Kohl’s is expanding its in-house retail media agency, Kohl’s Media Network, giving partners access to a suite of omnichannel media services and broadening its advertising opportunities, according to a Thursday (July 21) company press release. “Our goal through Kohl’s Media Network is to leverage our...

Retail
Grocery Roundup: Kroger Expands Virtual Food Court Partnership; Aldi Opens Frictionless Store
July 21, 2022

As grocers look to win consumers’ loyalty, many are seeking to meet a greater share of their shoppers’ food needs, offering not only raw ingredients but also restaurant-made meals. The Kroger Co., for its part, the United States’ largest pure-play grocer, announced Monday (July 18)...

eCommerce
Ocado Reels in Delivery Expansion as UK Shoppers Head to Stores
July 21, 2022

Customers are reducing their use of delivery for online grocery shopping orders, prompting Ocado to consider a shift in expansion plans for the service in the U.K. Ocado CEO Tim Steiner said the recent opening of its new facilities in Bicester and Luton in England gives the company “a...

B2B Payments
Ranpak Debuts Automatic Packaging Solution
July 21, 2022

Paper-based eco-friendly packaging and automated paper packing solutions company Ranpak has launched Flap’it!, a machine that automates the packing of a suite of small products, according to a Thursday (July 21) press release. The machine automatically adapts to the height of the item and secures the...