If at first you don’t succeed, try, try again. That seems to be the prevailing sentiment Wednesday (June 7) when it was announced that the Credit Card Competition Act legislation is being reintroduced on Capitol Hill. This time around, there will be more sponsors across the...
Indian B2B FinTech Zaggle has launched an employee expense automation platform designed for growing businesses. The new XPNS platform is designed to be a “do-it-yourself” solution that helps businesses transition from manual to automated expense processes within 30 minutes, Zaggle said in a Tuesday (June 6) press release. “There is a...
Online grocery may only account for a small fraction of total grocery purchases, but those who have adopted digital channels represent grocers’ biggest spenders. By the Numbers According to data from PYMNTS’ study “Tracking the Digital Payments Takeover: Catching the Coming eCommerce Wave,” created in...
The Federal Trade Commission (FTC) undertook enforcement actions around automobile purchasing and financing, payday lending, and credit repair and debt relief in 2022. The agency highlighted some of these actions in its annual report to the Consumer Financial Protection Bureau (CFPB) that details its activities regarding financial acts, the FTC...
Authorized push payments (APP) fraud victims in the U.K. could soon see faster reimbursements. That’s according to Great Britain’s Payment Systems Regulator (PSR) which on Wednesday (June 7) announced new requirements for banks and payment companies at a time when APP fraud is costing Britons close to £500 million...
Casey’s is prioritizing rewards program usage as leading convenience store chains look to drive digital adoption, even as the industry overall lags behind other retail categories’ tech efforts. On a call with analysts Wednesday (June 7) discussing its fourth quarter FY2023 financial results, Casey’s General...
ForwardAI has launched a B2B payments platform that enables real-time payments. The new Forwardly platform is designed to help small and medium-sized businesses (SMBs) in North America get paid faster, save money on processing fees and streamline workflows, ForwardAI said Wednesday (June 7). “Forwardly helps businesses accept payments faster, retain...
Germany’s Payrails has raised $14.4 million to help businesses streamline payment reconciliations and refunds. The Berlin-based startup, founded by a group of Delivery Hero veterans, announced the funding on its LinkedIn page Wednesday (June 7). Payrails says its operating system lets businesses “build, operate, and...
Silicon Valley Bank (SVB) UK’s new owner says the lender hasn’t lost its pro-startup philosophy. The bank, now owned by British banking giant HSBC, will continue to work with startup companies “from seed funding to IPO,” CEO Ian Stuart said in an interview with CNBC...
