BigCommerce has debuted an open-source version of its business-to-business (B2B) Buyer Portal platform. The new offering gives “enterprise manufacturers, distributors, wholesalers, developers and agency partners creative control to build and customize the optimal B2B buyer experience with speed, at scale and at a lower total cost,” the software-as-a-service (SaaS) company...
At its investor day Tuesday (May 7), FIS management outlined its continuing strategy to capture share in global money movement — a market worth hundreds of billions of dollars. CEO Stephanie Ferris said during her initial remarks that the company’s business model is “underpinned by highly recurring revenue, allowing...
Cloud security startup Wiz has reportedly been valued at $12 billion after raising $1 billion. Co-founder and CEO Assaf Rappaport discussed the funding in a Tuesday (May 7) interview with the Wall Street Journal (WSJ), saying the company expects this year to be a time of consolidation in the cybersecurity...
American Express Global Business Travel (Amex GBT) saw global multinational customers increase their business travel during the first quarter. The growth in travel by these companies outpaced that of small- to medium-sized businesses (SMBs) for the first time since the recovery from the pandemic, the B2B software and...
British FinTech Revolut has unveiled a stand-alone cryptocurrency exchange for professional crypto traders. Revolut X, announced Tuesday (May 7), is designed to compete with other top exchanges by offering easy on and off ramping, and low fees, according to a Tuesday blog post from the...
Pandora’s abandonment of mined diamonds has apparently not hindered its standing with younger consumers. Speaking to the Financial Times (FT) Tuesday (May 7), Alexander Lacik, CEO of the mass-market jeweler, said younger buyers helped fuel a boom in lab-grown stones that had led to a decline in sales of...
Chime Financial will pay at least $1.3 million in redress to consumers and $3.25 million in penalties as part of a settlement with the Consumer Financial Protection Bureau (CFPB). The CFPB found that the nonbank company illegally delayed customer refunds when customers closed their accounts, withholding these balance...
Instacart has teamed with Uber to offer its customers restaurant deliveries via Uber Eats. The collaboration, announced Tuesday (May 7) and due to roll out in the weeks ahead, lets Instacart customers order from a wide range of restaurants using a new “Restaurants” tab on the company’s app. “Through this...
Once card holders are made aware of how they can earn rewards by using their credit and debit cards to pay for goods and services, most are hooked. That’s according to the PYMNTS Intelligence report “Card-Linked Offer Growth Hinges on First-Time Users,” which was based on surveys with more...
