News

Payment Methods
Sezzle Launches Subscription Service Enabling Installment Payments Anywhere
June 22, 2023

Sezzle has launched a subscription-based service that lets shoppers use its Virtual Card anywhere Visa is accepted. The new Sezzle Pay Anywhere product is designed to give additional choice and flexibility along with access to responsible financing for consumers who have had difficulty accessing financing, Sezzle said in a Thursday...

Retail
Amazon’s Rumored Interest in Ocado Bodes Poorly for Incumbent Grocers
June 22, 2023

Reports that Amazon, among other U.S. tech companies, might be interested in British grocery technology company Ocado Group could mean a dramatic shift in the U.S. eGrocery space — and in retail overall. On Thursday (June 22), after United Kingdom news outlet The Times published...

Retail
Shein Expands Global Presence and Diversifies Supply Chain With Locally-Sourced Products
June 22, 2023

Fast-fashion retailer Shein reportedly plans to enhance its market presence in Europe and Mexico. The company aims to expand its offering of locally manufactured products, signaling a shift toward diversifying its China-centered supply chain, per a Thursday (June 22) Bloomberg report. This month, the company...

Banking
CACEIS Bank Obtains Digital Assets Service Provider Status in France
June 22, 2023

French banking entity CACEIS Bank has obtained Digital Assets Service Provider (PSAN) status. With this registration granted by France’s Financial Markets Authority (AMF), the bank can offer digital asset custody services to third parties, CACEIS Bank said in a Thursday (June 22) press release. “In practical terms, we will provide secure...

B2B Payments
The Trickledown Consumerization of B2B Payments Helps Firms Win Business
June 22, 2023

There are few B2B billing systems that businesses enjoy using. The amount of paper still being pushed around across the B2B space, even as the ecosystem around it goes increasingly digital, continues causing frictions as businesses look to modernize their operational systems. Nearly 40% of...

Retail
Casetify Expands and Unveils New Flagship Store in Osaka 
June 22, 2023

Casetify, which sells customizable tech accessories like phone and laptop cases, is preparing an expansion initiative, aiming to open 100 stores by 2025. Casetify’s expansion effort represents a significant leap from its existing 28 locations concentrated in the Asia-Pacific region. Out of the 100 upcoming...

Banking
Report: British Banks Preparing New Efforts to Fight Economic Crime
June 22, 2023

British banks are reportedly testing ways to share data to prevent money laundering and terrorism financing. Six or more banks are preparing to participate in two pilot programs that may be launched in October if an economic crime and corporate transparency bill becomes law, Reuters...

Security & Fraud
What the US Can Learn From the UK About Push Payments Fraud
June 22, 2023

The U.K. banking industry is currently facing a new wave of regulations aimed at tackling push payment fraud. In an interview with Karen Webster, Form3 CEO Michael Mueller said new rules that establish guidelines to reimburse victims of push payment fraud underscore the depth of the problem — but...

Digital Banking
Personalized Solutions Unlock Instant Payments Differentiation for Corporates
June 22, 2023

The positive feedback loop between digitization and end-user expectations is transforming banking, finance and payments. And as the world evolves, those firms that fall behind the cutting-edge of digital personalization could eventually see their growth prospects dulled. That’s because in this new environment, “user experience...