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...
The power of voice artificial intelligence (AI) is echoing through boardrooms, living rooms and showrooms, driven by a combination of wonder, convenience and a dash of paranoia. File it under the ongoing rise of voice-powered smart personal assistants, which aren’t new, but they are gaining...
Stitch Fix is considering withdrawing from the British market as it rethinks its business. The online personal styling service said in an earnings announcement Tuesday (June 6) that it was exploring that option as part of a strategic review that will also see it scale back some of...
U.K. banking giant Barclays is reportedly considering major changes to its payments operations. The bank has spoken with consultants to determine whether it should expand some of its payments businesses or merge them with other providers, Reuters reported Wednesday (June 7), citing unnamed sources. The review will include Barclays...
The fashion landscape has experienced an interesting transformation, breaking free from its association with discomfort and (as grim as this sounds) sacrifice. The comfort trend initially gained traction during the pandemic as people sought solace and ease while spending more time at home. Sweatpants, loungewear...
In its continued bid for relevancy, Victoria’s Secret has expanded its range of apparel on Amazon following a successful launch. This expansion aims to provide customers with access to a range of products, such as bras, underwear, sleepwear, swimwear and loungewear. By using its Amazon...
The age of the paper check is coming to an end in Australia. Amid a rapid shift to digital payments — the type of movement seen in a number of other countries — Australia aims to phase out the use of checks over the next...
