The embrace of omnichannel commerce as the pandemic recedes has brought a “new normal” for merchants, Adam Gunther, senior vice president and chief product officer at Kount, an Equifax Company, told PYMNTS in a recent interview. “There are new fraud and theft vectors,” he said,...
Manufacturers increasingly prefer real-time payments for their business-to-business (B2B) payments. More than 99% of firms have opted for this instant and secure payment method for at least one B2B transaction in the last year. PYMNTS’ latest study shows that 59% of manufacturing firms plan to...
What is the value of doing this? It is a common question and one that Bill Fox, chief commercial officer at smart B2B payments network Finexio, told PYMNTS he gets “all the time.” Fox explained that behind the question is the fact that people and...
Emerging from the pandemic, companies need to put payments at the center of their strategic roadmaps, according to Nuvei Chief Revenue Officer Laura Miller. For Miller, the “one thing” that’s top of mind for her firm’s enterprise clients is understanding the best practices within their...
Luxury travel subscription brand Inspirato has entered into a definitive agreement for a new $25 million convertible note investment from Capital One Ventures. The funding will provide the brand the opportunity to further advance its mission of leveraging innovation to drive customer satisfaction and growth, Inspirato said in a Tuesday...
Google and Universal Music are reportedly in talks about a licensing agreement for artificial intelligence (AI) generated songs. The discussions center on how the technology allows melodic and vocal mimicry of established artists in the form of “deepfake” songs, the Financial Times (FT) reported Tuesday (Aug. 8). The...
Uber has teamed with insurtech Cover Genius to protect its drivers in Brazil. The partnership, announced Tuesday (Aug. 8), integrates Uber and Cover Genius’ distribution platform XCover to offer drivers embedded protection as well as features like automated payouts and charging based on driving data. “As the number of rideshare...
“The export of goods and services is more prevalent, digital and borderless than ever,” Payoneer executives told investors on the company’s second-quarter 2023 earnings call Tuesday (Aug. 8). That’swhy executives are optimistic about the FinTech company’s capacity to help emerging market small- to medium-sized businesses (SMBs)...
Dwolla has launched an application programming interface (API) solution designed for mid- to enterprise-sized businesses that enables easy payment initiation from existing commercial accounts at top U.S. banks, including JPMorgan Chase & Co. and Wells Fargo. The new Dwolla Connect builds on the success of the company’s digital...
