The last few names are coming in with their earnings reports — and while September’s quarter end seems long ago and far away, investors largely cheered the FinTech IPO names that disclosed results. The FinTech IPO Index was up 5.1% this past week. MoneyLion Leads...
Innovation in B2B payments can have an outsized impact on the global economy. The easier it is for B2B companies to get paid, the easier it is for them to grow. “There are three themes [around B2B payment innovation] we’re seeing: payment velocity, tooling and...
As Thanksgiving approaches, brands and retailers are pulling out all the stops to gobble up hesitant consumers’ inflated dollars, and Amazon and Walmart are no exception. However, this time, the two retail giants are going head-to-head, and the battleground is the digital arena. According to...
Bold Commerce, a checkout company for omnichannel retailers and direct-to-consumer (DTC) brands, has partnered with Link Money, an open banking payment platform, to enhance payment options for merchants. This collaboration aims to provide retailers using Bold Commerce’s checkout solutions with access to Link Money’s Pay by...
Gap says it’s ready to compete. That’s the latest from Richard Dickson, Gap’s newest president and chief executive officer, who held the retailer’s latest quarterly earnings call on Thursday (Nov. 16). According to Dickson, Gap has not only successfully shifted to a more profitable...
Menlo Ventures has raised $1.35 billion to invest in artificial intelligence (AI) ventures. The new capital will be split between early-stage fund Menlo XVI and early growth fund Menlo Inflection III, partner Matt Murphy told Bloomberg News Thursday (Nov. 16). The focus will be on fledgling AI companies...
The Federal Trade Commission (FTC) has taken a proactive stance in protecting consumers from the potential dangers of artificial intelligence-enabled voice cloning technology. The FTC unveiled the Voice Cloning Challenge, inviting submissions of ideas that can help prevent the misuse of this technology for fraudulent...
American consumers are routinely hounded over medical bills they don’t even owe. That’s according to a new report issued Thursday (Nov. 16) by the Consumer Financial Protection Bureau (CFPB), which found that 15% of the complaints the bureau received last year were about debt collectors trying to settle an...
Prices are finally coming down at many retailers. Consumers still may not feel relieved. A report Thursday (Nov. 16) by The Wall Street Journal (WSJ) takes a closer look at the state of the American shopper one week out from Black Friday. As the report pointed...
