Webexpenses, a supplier of cloud-based financial management software, has partnered with cross-border payment network Wise Platform to provide a seamless and efficient expense solution across multiple currencies. With the integration of Wise Platform, Webexpenses customers can now manage and pay their expenses directly from the...
Amazon is bringing its palm-based identity service to the world of corporate security. Amazon Web Services (AWS) announced Monday (Nov. 27) the debut of Amazon One Enterprise, a contactless security tool designed to grant entry to places like offices, airports, hotels and educational facilities. “Today, organizations authenticate employees...
Using instant payment methods can streamline the payment process and improve overall customer satisfaction, making consumers 11% more satisfied and nearly double their likelihood to remain as clients when instant payments are free. A PYMNTS Intelligence research study in collaboration with Ingo Money found that...
Funding for European tech startups continues to fall as American investors shut off financing. That’s according to the annual State of European Tech report by British venture capital firm Atomico. Released Tuesday (Nov. 28), it projects funds raised by Europe’s tech startups will reach around...
The payments industry has been a latecomer to the financial technology revolution. Many companies still use legacy accounts receivable (AR) processes marked by an overwhelming reliance on manual procedures. Now, the industry is at a crossroads, facing a technological advancement that promises to leave no...
Galileo Financial Technologies Chief Product Officer David Feuer told PYMNTS that there has been no shortage of money spent in the continuing, and perhaps eternal, battle against hackers, cybercriminals and online thieves. “The investment in anti-fraud technologies has been a focal point across the industry,...
No doubt you’ve gotten them in the mail: QR codes from local and national merchants. The codes contain a wealth of information, and offer to unlock special promotions and deals with a quick scan from a smartphone. And this past weekend, during the Thanksgiving holiday,...
Whether a retailer rang up a sales symphony or lagged behind this quarter, they all evaluated a common make-or-break factor: the significance of delivering value to the customer. And if that value didn’t strike a chord with the customer, they weren’t window shopping — they...
Reddit is reportedly in talks with potential investors for an initial public offering (IPO). The social media company is considering going public as early as the first quarter of 2024, Bloomberg reported Monday (Nov. 27), citing unnamed sources. Reached for comment, a Reddit spokesperson declined to comment on...
