It’s hard to name a more vital component of the economy than the logistics industry. However, it’s just as hard to name a more challenging and fragmented payment landscape than the one supporting the logistics space — its fragmented payer and payee base has led...
Various industries are looking into artificial intelligence (AI) and the labor and cost-saving efficiencies it promises. When it comes to leveraging the technology’s novel capabilities for enhancing payments, the question is “How,” and the answer is “Now.” “AI and machine learning (ML) are incredible tools...
The initial public offering (IPO) market, which had shown signs of rebounding, is now facing challenges due to factors like the conflict in the Middle East, surging Treasury yields and a fickle market for new issues. These risks are expected to slow down the already...
The battle over the Consumer Financial Protection Bureau’s (CFPB) efforts around small business data collection continues following a Senate vote to reverse that rule. The Senate voted Wednesday (Oct. 18) to overturn a CFPB rule that would require lenders to report demographic data on the recipients...
In times of economic turbulence, brands and retailers have been known to turn to some pretty wild scare tactics to ensure that customers keep reaching for their wallets. Inflation, the bogeyman of fiscal policy, often leaves people tightening their belts, both figuratively and literally. But...
Banking technology firm Amount has introduced a new digital origination and decisioning Software-as-a-Service (SaaS) platform. “At Amount, we understand the urgent need for financial institutions to adapt and diversify their strategies amidst challenging market dynamics,” Amount CEO Adam Hughes said in a news release Thursday...
Etsy says it is working with Payoneer to help more sellers get paid in their local currencies. The eCommerce platform announced this week that it was expanding its Etsy Payments service to sellers in Thailand and Ukraine, with plans to include Japan, Chile, Argentina, Peru and India (export sales...
Manufacturing is about as labor- and material-intensive a sector as might be seen, in any economy. The sheer volume of raw materials, machinery, plant and orders that must be juggled to keep things running illuminates the need to have speedier payment methods on hand, as...
Klaviyo’s stock has dipped below its listing price, the latest disappointment for the initial public offering (IPO) space. The marketing automation firm now joins a string of high-profile companies whose IPOs were met with much fanfare, only to eventually slump, Bloomberg reported Friday (Oct. 20)....
