British FinTech Curve says it has raised more than $163 million in a Series C round. The super app provider, whose offering connects all of a user’s debit and credit cards into one single card and app, announced Thursday (Sept. 21) that it had raised an additional $71 million...
From November 2022 to mid-January of the current year, no less than 10% of weekly orders were subject to returns. During periods of inflation and when households face budget limitations, there is an increased likelihood of customers returning products that fail to meet their expectations. In response,...
U.S. Bank has introduced an online third-party payment/treasury solution marketplace. The bank’s Connected Partnership Network, announced Thursday (Sept. 21), helps corporate treasury teams easily identify and adopt technology connected with the bank, such as treasury management systems and working capital automation tools. “Businesses are increasingly...
It is a truth universally acknowledged that customers will always want more choices, not fewer. That applies to business customers, too. So it stands to reason that in the future, there will be more ways to move money, not fewer, even for commercial transactions. But...
HealNow has secured $5.5 million in seed funding for its checkout solution for the pharmacy industry. With the new funding, HealNow plans to accelerate product development and expand partnerships with other pharmacy service providers, the healthcare technology company said in a Wednesday (Sept. 20) press release....
International banking group Standard Chartered Americas has announced a trade finance partnership with financial services company Truist Bank. This strategic collaboration aims to strengthen trade finance capabilities in emerging markets and enhance Truist clients’ ability to conduct global business, the companies said in a Wednesday (Sept. 20) press...
A group of prominent authors in the United States filed a lawsuit against artificial intelligence (AI) company OpenAI, alleging copyright infringement. The authors, represented by The Authors Guild, accused OpenAI of unlawfully training its popular AI-based chatbot, ChatGPT, on their copyrighted works, Reuters reported Wednesday...
Unilever could reportedly sell off some of its beauty and personal care brands. The consumer packaged goods (CPG) giant is working with Morgan Stanley and Evercore to sell a selection of its “non-core” beauty and personal care brands, Q-tips among them, Reuters reported Wednesday (Sept....
FedEx has reportedly been navigating the challenges in the parcel market and impressing investors on Wall Street. Despite facing declining package volumes, the global courier and delivery service company’s stock has surged by 44% this year, outperforming its main rival, United Parcel Services (UPS), whose...
