News

Retail
Stitch Fix Focuses on Stylists, Listening to Fix Falling User Numbers
September 21, 2022

Faced with a drop in revenue and active users, personal styling site Stitch Fix plans to spend the new fiscal year fixing itself. Speaking to investors following the release of fourth quarter fiscal year 2022 earnings Tuesday (Sept. 20), CEO Elizabeth Spaulding said the company...

B2B Payments
Cleareye.ai Partners With JPMorgan to Solve Trade Finance Challenges
September 21, 2022

Artificial intelligence and machine learning platform Cleareye.ai is forming a global partnership with J.P. Morgan’s Trade and Working Capital group to solve the challenges that trade finance operations currently face today as well as into the future. The alliance taps the digital solution ClearTrade, which is integrated into...

B2B Payments
Cannabis Industry Sees Rising Demand for B2B Payments, Cash Flow and AR Services
September 21, 2022

It may have taken six years, but but B2B cannabis platform LeafLink just crossed the $1 billion transaction threshold as its payments solutions, like the cannabis industry itself, continue to mature and grow. According to the company’s Wednesday (Sept. 21) press release, LeafLink now provides...

B2B Payments
Taulia Collabs With Standard Chartered to Foster Working Capital Finance
September 21, 2022

Working capital manager Taulia and international banker Standard Chartered are collaborating to advance working capital finance solutions and will initially target supply chain finance and dynamic discounting. The companies signed a memorandum of understanding (MoU) to extend the reach of their working capital finance solutions...

Payment Methods
Visa Tap-to-Pay Hits 1 Billion Transit Transactions as Systems Get Moving Again
September 21, 2022

As people slowly reacquaint themselves with public transportation after more than two years of cratering usage during the COVID-19 outbreak, we find a new behavior is taking root, as more transit systems enable tap-to-ride technology, and more people around the world are using it. On...

Risk Management
FinTech Lender Uses Novel Risk Model to Challenge Aggregator Rollups
September 21, 2022

Some people build businesses, others buy them. And some people build companies, sell them and buy other firms. But regardless of the strategy, there’s a simple commonality and necessity underpinning it all: capital. It’s the lifeblood that gets new business off the ground, that sustains...

eCommerce
Future of eCommerce Will Be More Human, Conversational
September 21, 2022

For international businesses, gaining a foothold in the fragmented European market can be an uphill battle — but for those willing to put in the work, the rewards can be huge, according to Philippe Peyresaubes, general manager for France at Brazilian eCommerce software firm VTEX....

Investments
Report: VC Investors Urge Tech Firms to Continue ‘Innovation’
September 20, 2022

Venture partners are trying to encourage tech startups to accommodate the current economic downturn by continuing to innovate, The Wall Street Journal (WSJ) wrote Tuesday (Sept. 20). They say they’ve seen startups that have been innovating even amid the worse economy, as there’s been demands...

Social Commerce
YouTube Expands Partnership Program With Ads in Shorts Videos
September 20, 2022

YouTube is adding ways for content creators to make money from Shorts videos, a company post said Tuesday (Sept. 20). Shorts are videos up to 60 seconds long. The YouTube Partner Program (YPP), introduced in 2007, works with creators to share revenue. In early 2023, Shorts-focused...