Today in B2B payments, Axle Payments, GETIDA and Candis announce they’ve raised funds to scale their B2B solutions. Plus, BigCommerce brings cryptocurrency payment solutions to clients in select countries. Axle Payments Rebrands to Denim Following $126M Series B Freight and logistics financial enablement platform Axle...
Aiming to combine innovative technology with human touch, financial services company Truist Financial has added an artificial intelligence (AI)-enhanced virtual assistant to its mobile banking app and online banking platform for personal banking clients. Called Truist Assist, the new virtual assistant provides immediate answers to...
As grocers increasingly find ways to accept Supplemental Nutrition Assistance Program (SNAP) Electronic Benefits Transfer (EBT) payments through their digital channels, Walmart, the world’s largest grocery retailer, is looking to make the online shopping process for recipients simpler. The retailer announced Tuesday (Sept. 13) a...
UK-based FinTech Paysend Thursday (Sept. 15) announced in a press release the launch of Instant Account Payments which allow consumers and businesses to send instant cross-border payments between accounts up to a value of $100,000 to just $1 per payment. Paysend users can now send...
Financial technology platform Adyen has partnered with Block’s mobile payment method Cash App to become the first such platform to offer Cash App outside of its Square ecosystem. With this partnership, businesses working with Adyen will be able to begin accessing Cash App Pay as...
One of the Senate’s top Republicans believes that stablecoin regulation can still happen this year. Pennsylvania’s Pat Toomey, the top Republican on the Senate Banking Committee, said that he believes Congress can get together on a bill that would at least prevent a repeat of...
Axle Payments, a freight and logistics financial enablement platform, is rebranding itself as Denim following the close of a $126 million Series B round, comprised of $26 million in equity funding and $100 million in debt financing. The equity funds are being earmarked to scale...
For buy now, pay later (BNPL), heady growth demands some new guardrails. The Consumer Financial Protection Bureau report, “Buy Now, Pay Later: Market trends and Consumer Impacts” has been long awaited and debuted Thursday (Sept. 15) with the recommendation that there be new measures put...
Chinese fast-fashion eCommerce retailer Shein is reportedly planning to add two distribution centers to the one it already has in the United States to get products to American shoppers three or four days quicker. Shein opened its first U.S. distribution center in Indiana in April...
