Retail technology company Diebold Nixdorf has joined forces with financial crime prevention firm Featurespace to integrate Featurespace’s fraud prevention tech into Diebold Nixdorf’s Vynamic Payments platform. “By partnering with Featurespace, Diebold Nixdorf can provide financial institutions a fully integrated payments solution with proven real-time fraud...
A decision last week by Goldman Sachs to fold its consumer banking unit Marcus into other operations was the subject of conflict between CEO David Solomon and other executives. That’s according to a report Sunday (Oct. 23) by the Financial Times, citing people familiar with...
Retailers and other employers who engage in seasonal hiring are facing a season of rising prices, reduced consumer spending and worries about a recession. As Barrons reported Sunday, this has led some retailers to cut back on hiring seasonal workers this year or to simply...
Dutch FinTech Adyen has launched two new embedded finance products for platform and marketplace businesses in Europe and the U.S. According to a Sunday (Oct. 23) news release, the products are “Capital,” which lets platforms offer businesses finance based on historic payments data, and “Accounts,”...
After spending years in a losing battle with Amazon, eBay is returning to its roots. In an interview with the Financial Times (FT) Friday (Oct. 21), CEO Jamie Iannone said the company is confident that a rise in demand for second-hand luxury goods — as...
Like models strutting down the catwalk one after the other, so too has the stream of strong sales results come lately from the world’s leading luxury retailers and brands. In a veritable “Who’s Who” of high-end brands giving high-growth forecasts, the likes of LVMH, Hermes...
Orders for delivery of takeout food via mobile app have reportedly slipped as restaurants have raised prices and some delivery companies have boosted their fees in an inflationary environment. Higher prices have added to the pressures delivery companies were already facing as the pandemic-driven lockdowns...
The Financial Services and Markets Bill is the centerpiece of the U.K. government’s post-Brexit regulatory architecture for financial services. OK, the U.K. doesn’t really have a working government at the moment, but political crises aside, the bill is still an important piece of legislation and...
Blockchain-enabled B2B payments firm Paystand has announced that businesses using the Paystand Network and the DeFi Corporate Card can now access their revenue the next business day, with no fees. Paystand will provide the DeFi Corporate Card Account to all Paystand accounts receivable (AR) customers,...
